Bakkt Holdings Inc Net Assets
Bakkt Holdings Inc net assets. Based on the latest financial reports, Bakkt Holdings Inc (BKKT) has net assets worth $170.88 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 ($213.38 Million) and total liabilities ($42.50 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 BKKT shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $170.88 Million |
| % of Total Assets | 80.08% |
| Annual Growth Rate | -5.88% |
| 5-Year Change | -95.08% |
| 10-Year Change | N/A |
| Growth Volatility | 198.66 |
Net Assets of Bakkt Holdings Inc (2019–2025)
Net assets of Bakkt Holdings Inc from 2019 to 2025. This chart illustrates how Bakkt Holdings Inc's net assets have evolved over time, based on quarterly financial data. See how leveraged is Bakkt Holdings Inc's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Bakkt Holdings Inc (2019–2025)
The table below shows the annual net assets of Bakkt Holdings Inc from 2019 to 2025. For live market cap and overall valuation, see Bakkt Holdings Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $112.78 Million | +79.44% |
| 2024-12-31 | $62.85 Million | -53.69% |
| 2023-12-31 | $135.71 Million | -59.62% |
| 2022-12-31 | $336.07 Million | -85.35% |
| 2021-12-31 | $2.29 Billion | +490.78% |
| 2020-12-31 | $388.33 Million | +139.28% |
| 2019-12-31 | $162.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bakkt Holdings 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 87227300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Bakkt Holdings Inc Net Assets Breakdown (December 2025)
Bakkt Holdings Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.00K | 0.00% |
| Other Comprehensive Income | $947.00K | 0.84% |
| Other Components | $1.02 Billion | 901.74% |
| Total Equity | $112.78 Million | 100.00% |
Bakkt Holdings Inc Competitors by Market Cap
The table below lists competitors of Bakkt Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Antipa Minerals Ltd
AU:AZY
|
$213.35 Million |
|
Zeng Hsing Industrial Co Ltd
TW:1558
|
$213.49 Million |
|
MFS Municipal Income Trust
NYSE:MFM
|
$213.56 Million |
|
Azkoyen
MC:AZK
|
$213.59 Million |
|
Tianyu Ecology & Landscape Co
SHG:603717
|
$213.14 Million |
|
Bombay Dyeing & Mfg Company Limited
NSE:BOMDYEING
|
$213.06 Million |
|
Ohio Valley Banc Corp
NASDAQ:OVBC
|
$212.98 Million |
|
Gorilla Technology Group Inc.
NASDAQ:GRRR
|
$212.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bakkt Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 33,894,000 to 112,782,000, a change of 78,888,000 (232.7%).
- Net loss of 107,212,000 reduced equity.
- New share issuances of 62,961,000 increased equity.
- Other comprehensive income increased equity by 1,788,000.
- Other factors increased equity by 121,351,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-107.21 Million | -95.06% |
| Share Issuances | $62.96 Million | +55.83% |
| Other Comprehensive Income | $1.79 Million | +1.59% |
| Other Changes | $121.35 Million | +107.6% |
| Total Change | $- | 232.75% |
Book Value vs Market Value Analysis
This analysis compares Bakkt Holdings 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: 0.29x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.06x to 0.29x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $75.80 | $4.77 | x |
| 2020-12-31 | $194.28 | $4.77 | x |
| 2021-12-31 | $204.85 | $4.77 | x |
| 2022-12-31 | $33.82 | $4.77 | x |
| 2023-12-31 | $13.55 | $4.77 | x |
| 2024-12-31 | $5.79 | $4.77 | x |
| 2025-12-31 | $16.52 | $4.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bakkt Holdings 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): -95.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.59%
- • Asset Turnover: 14.35x
- • Equity Multiplier: 1.44x
- Recent ROE (-95.06%) is above the historical average (-364.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -21.76% | 0.00% | 0.00x | 1.17x | $-48.13 Million |
| 2020 | -20.50% | -279.36% | 0.06x | 1.21x | $-118.44 Million |
| 2021 | -51.81% | -615.31% | 0.02x | 5.16x | $-289.50 Million |
| 2022 | -2067.18% | -3539.30% | 0.12x | 4.73x | $-2.00 Billion |
| 2023 | -155.04% | -9.59% | 0.81x | 20.03x | $-79.68 Million |
| 2024 | -137.66% | -1.34% | 12.96x | 7.95x | $-50.05 Million |
| 2025 | -95.06% | -4.59% | 14.35x | 1.44x | $-118.49 Million |
Industry Comparison
This section compares Bakkt Holdings Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $158,841,606
- Average return on equity (ROE) among peers: -2812.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bakkt Holdings Inc (BKKT) | $170.88 Million | -21.76% | 0.25x | $213.25 Million |
| ACI Worldwide Inc (ACIW) | $102.86 Million | 14.84% | 1.59x | $5.27 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $13.21 Million | -1100.48% | 12.60x | $598.12 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $228.44 Million | -65.37% | 0.13x | $906.22 Million |
| Allied Gaming & Entertainment Inc. (AGAE) | $87.90 Million | -12.31% | 0.11x | $22.76 Million |
| Axe Compute Inc. (AGPU) | $-309.44K | 0.00% | 0.00x | $31.41 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.82 Billion |
| Bitzero Holdings Inc. (AIBZ) | $42.65K | -26761.63% | 1.01x | $179.98 Million |
| All In FutureTech Alliance Inc. (AIFA) | $24.02 Million | -127.45% | 1.73x | $19.90 Million |
| AI Financial Corporation (AIFC) | $16.10 Million | -47.01% | 3.70x | $31.71 Million |
| iLearningEngines, Inc. (AILE) | $277.84 Million | 4.13% | 0.05x | $59.29 Million |
About Bakkt Holdings Inc
Bakkt, Inc. engages in digital building financial infrastructure business. The company offers Bakkt Market solutions, which enables institutions to launch secure, compliant, and advanced digital asset brokerage, trading and payment capabilities through a plug-and-play platform; Bakkt Agent provides programmable access to Bakkt's financial infrastructure through an intelligent software layer that … Read more