Array Digital Infrastructure, Inc.
Array Digital Infrastructure, Inc. owns and operates shared wireless communications infrastructure in the United States. The company deploys 5G and other wireless technologies through its 4,400 cell towers. It also leases tower space to tenants. In addition, the company offers ancillary services. It serves organizations, wireless carriers, government agencies, municipalities, wireless internet se… Read more
Array Digital Infrastructure, Inc. (AD) - Net Assets
Latest net assets as of December 2025: $2.57 Billion USD
Based on the latest financial reports, Array Digital Infrastructure, Inc. (AD) has net assets worth $2.57 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.94 Billion) and total liabilities ($2.37 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.57 Billion |
| % of Total Assets | 52.09% |
| Annual Growth Rate | -2.27% |
| 5-Year Change | -43.71% |
| 10-Year Change | -29.39% |
| Growth Volatility | 14.04 |
Array Digital Infrastructure, Inc. - Net Assets Trend (2014–2025)
This chart illustrates how Array Digital Infrastructure, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Array Digital Infrastructure, Inc. (2014–2025)
The table below shows the annual net assets of Array Digital Infrastructure, Inc. from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.57 Billion | -44.13% |
| 2024-12-31 | $4.61 Billion | -0.99% |
| 2023-12-31 | $4.65 Billion | +1.57% |
| 2022-12-31 | $4.58 Billion | +0.17% |
| 2021-12-31 | $4.57 Billion | +3.11% |
| 2020-12-31 | $4.44 Billion | +5.09% |
| 2019-12-31 | $4.22 Billion | +3.51% |
| 2018-12-31 | $4.08 Billion | +10.57% |
| 2017-12-31 | $3.69 Billion | +1.15% |
| 2016-12-31 | $3.65 Billion | +2.07% |
| 2015-12-31 | $3.57 Billion | +7.79% |
| 2014-12-31 | $3.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Array Digital Infrastructure, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 59.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $769.79 Million | 29.98% |
| Common Stock | $88.07 Million | 3.43% |
| Other Components | $1.71 Billion | 66.59% |
| Total Equity | $2.57 Billion | 100.00% |
Array Digital Infrastructure, Inc. Competitors by Market Cap
The table below lists competitors of Array Digital Infrastructure, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Southern Sun Ltd.
JSE:SSU
|
$745.85 Million |
|
Zhejiang HangKe Technology Co Ltd
SHG:688006
|
$746.42 Million |
|
C&S Paper Co Ltd
SHE:002511
|
$746.47 Million |
|
Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A
SHG:603507
|
$746.53 Million |
|
First National Financial Corporation
PINK:FNLIF
|
$745.82 Million |
|
CapitaLand China Trust
PINK:CLDHF
|
$745.61 Million |
|
Bellevue Gold Limited
PINK:BELGF
|
$745.48 Million |
|
Zhejiang Wanliyang Transmission Co Ltd
SHE:002434
|
$745.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Array Digital Infrastructure, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,577,000,000 to 2,567,626,000, a change of -2,009,374,000 (-43.9%).
- Net income of 290,921,000 contributed positively to equity growth.
- Dividend payments of 1,986,719,000 reduced retained earnings.
- Share repurchases of 21,360,000 reduced equity.
- Other factors decreased equity by 292,216,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $290.92 Million | +11.33% |
| Dividends Paid | $1.99 Billion | -77.38% |
| Share Repurchases | $21.36 Million | -0.83% |
| Other Changes | $-292.22 Million | -11.38% |
| Total Change | $- | -43.90% |
Book Value vs Market Value Analysis
This analysis compares Array Digital Infrastructure, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.64x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.23x to 1.64x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $39.31 | $48.24 | x |
| 2015-12-31 | $41.89 | $48.24 | x |
| 2016-12-31 | $42.75 | $48.24 | x |
| 2017-12-31 | $42.76 | $48.24 | x |
| 2018-12-31 | $46.63 | $48.24 | x |
| 2019-12-31 | $47.69 | $48.24 | x |
| 2020-12-31 | $50.70 | $48.24 | x |
| 2021-12-31 | $52.26 | $48.24 | x |
| 2022-12-31 | $52.95 | $48.24 | x |
| 2023-12-31 | $53.17 | $48.24 | x |
| 2024-12-31 | $53.22 | $48.24 | x |
| 2025-12-31 | $29.41 | $48.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Array Digital Infrastructure, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 178.52%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.92x
- Recent ROE (11.33%) is above the historical average (2.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -1.30% | -1.10% | 0.60x | 1.96x | $-373.20 Million |
| 2015 | 6.77% | 5.98% | 0.57x | 1.98x | $-115.10 Million |
| 2016 | 1.32% | 1.20% | 0.56x | 1.96x | $-315.40 Million |
| 2017 | 0.33% | 0.31% | 0.57x | 1.86x | $-355.70 Million |
| 2018 | 3.70% | 3.78% | 0.55x | 1.79x | $-255.70 Million |
| 2019 | 3.03% | 3.16% | 0.49x | 1.95x | $-292.70 Million |
| 2020 | 5.19% | 5.67% | 0.42x | 2.19x | $-212.10 Million |
| 2021 | 3.41% | 3.76% | 0.40x | 2.27x | $-299.70 Million |
| 2022 | 0.66% | 0.72% | 0.37x | 2.44x | $-425.40 Million |
| 2023 | 1.17% | 1.38% | 0.36x | 2.32x | $-408.60 Million |
| 2024 | -0.85% | -1.03% | 0.36x | 2.28x | $-496.70 Million |
| 2025 | 11.33% | 178.52% | 0.03x | 1.92x | $34.16 Million |
Industry Comparison
This section compares Array Digital Infrastructure, Inc.'s net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $48,992,837,715
- Average return on equity (ROE) among peers: -3877.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Array Digital Infrastructure, Inc. (AD) | $2.57 Billion | -1.30% | 0.92x | $745.85 Million |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |