Angel Studios, Inc. (ANGX) - Net Assets
Based on the latest financial reports, Angel Studios, Inc. (ANGX) has net assets worth $-41.46 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($213.09 Million) and total liabilities ($254.55 Million). 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. Also explore ANGX asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-41.46 Million |
| % of Total Assets | -19.46% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 326.26 |
Angel Studios, Inc. - Net Assets Trend (2021–2025)
This chart illustrates how Angel Studios, Inc.'s net assets have evolved over time, based on quarterly financial data. Check ANGX tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Angel Studios, Inc. (2021–2025)
The table below shows the annual net assets of Angel Studios, Inc. from 2021 to 2025. For live valuation and market cap data, see market cap of Angel Studios, Inc..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-25.78 Million | -769.33% |
| 2024-12-31 | $3.85 Million | -90.29% |
| 2023-12-31 | $39.68 Million | +80.33% |
| 2022-12-31 | $22.00 Million | -89.54% |
| 2021-12-31 | $210.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Angel Studios, 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 21727479100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $210.10 Million | % |
| Total Equity | $-31.43 Million | 100.00% |
Angel Studios, Inc. Competitors by Market Cap
The table below lists competitors of Angel Studios, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Soling Industrial Co Ltd
SHE:002766
|
$557.39 Million |
|
ALLIANZ TECHNO.TR.LS-025
F:28X
|
$557.41 Million |
|
Optiemus Infracom Limited
NSE:OPTIEMUS
|
$557.45 Million |
|
Fuchun Technology Co Ltd
SHE:300299
|
$557.59 Million |
|
Jinhua Chunguang Technology Co Ltd
SHG:603657
|
$557.27 Million |
|
Caina Technology Co. Ltd.
SHE:301122
|
$557.22 Million |
|
7 Eleven Malaysia Holdings Bhd
KLSE:5250
|
$556.90 Million |
|
Krispy Kreme Inc
NASDAQ:DNUT
|
$556.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Angel Studios, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -4,371,304 to -31,434,161, a change of -27,062,857.
- Net loss of 170,478,642 reduced equity.
- Share repurchases of 437,791 reduced equity.
- New share issuances of 104,148,424 increased equity.
- Other factors increased equity by 39,705,152.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-170.48 Million | -542.34% |
| Share Repurchases | $437.79K | -1.39% |
| Share Issuances | $104.15 Million | +331.32% |
| Other Changes | $39.71 Million | +126.31% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Angel Studios, 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.32 | $4.30 | x |
| 2022-12-31 | $0.14 | $4.30 | x |
| 2023-12-31 | $0.25 | $4.30 | x |
| 2024-12-31 | $-0.03 | $4.30 | x |
| 2025-12-31 | $-0.20 | $4.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Angel Studios, 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -53.02%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-7.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 1.11% | 0.00% | 0.00x | 1.12x | $-18.71 Million |
| 2022 | -62.32% | -18.16% | 1.92x | 1.79x | $-15.91 Million |
| 2023 | 23.01% | 4.53% | 2.06x | 2.47x | $5.18 Million |
| 2024 | 0.00% | -93.04% | 0.98x | 0.00x | $-89.36 Million |
| 2025 | 0.00% | -53.02% | 1.33x | 0.00x | $-167.34 Million |
Industry Comparison
This section compares Angel Studios, Inc.'s net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $59,144,401
- Average return on equity (ROE) among peers: -37.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Angel Studios, Inc. (ANGX) | $-41.46 Million | 1.11% | N/A | $557.38 Million |
| AI Era Corp. (ABQQD) | $4.02 Million | -54.05% | 0.45x | $772.11K |
| Color Star Technology Co. Ltd. (ADD) | $19.39 Million | 25.51% | 0.98x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $103.22 Million | 14.61% | 2.50x | $280.36 Million |
| Passat Société Anonyme (ALXIL) | $13.51 Million | 10.37% | 2.57x | $20.25 Million |
| AMC Entertainment Holdings Inc (AMC) | $-1.89 Billion | 0.00% | 0.00x | $1.05 Billion |
| AMC Networks Inc (AMCX) | $1.19 Billion | 21.12% | 3.85x | $385.10 Million |
| Anghami De Inc (ANGH) | $26.03 Million | -343.77% | 3.38x | $31.02 Million |
| Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) | $536.22 Million | -5.83% | 1.84x | $542.74 Million |
| Atlanta Braves Holdings, Inc. Series C Common Stock (BATRK) | $538.18 Million | -4.34% | 2.00x | $2.58 Billion |
About Angel Studios, Inc.
Angel Studios, Inc. operates as a media and technology company. The company produces and distributes films and series; and releases licensed films or shows. The company's platform allows users to watch movies, shows, and documentaries for all ages through its streaming platform. It also offers apparel, DVDs, Blu-rays, books; direct online store for Angel Studios themed products and wholesale prod… Read more