Circle Internet Group, Inc. (CRCL) - Net Assets
Based on the latest financial reports, Circle Internet Group, Inc. (CRCL) has net assets worth $3.02 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($76.78 Billion) and total liabilities ($73.76 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. Check CRCL asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.02 Billion |
| % of Total Assets | 3.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 64.25 |
Circle Internet Group, Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Circle Internet Group, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore CRCL current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Circle Internet Group, Inc. (2020–2024)
The table below shows the annual net assets of Circle Internet Group, Inc. from 2020 to 2024. For live valuation and market cap data, see CRCL stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $570.53 Million | -61.21% |
| 2023-12-31 | $1.47 Billion | +67.29% |
| 2022-12-31 | $879.16 Million | +214.41% |
| 2021-12-31 | $-768.41 Million | -168.19% |
| 2020-12-31 | $-286.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Circle Internet Group, 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 84829300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.00K | 0.00% |
| Other Comprehensive Income | $3.64 Million | 0.64% |
| Other Components | $1.79 Billion | 313.76% |
| Total Equity | $570.53 Million | 100.00% |
Circle Internet Group, Inc. Competitors by Market Cap
The table below lists competitors of Circle Internet Group, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CMS Energy Corporation
NYSE:CMS
|
$23.30 Billion |
|
ABN Amro Group NV
AS:ABN
|
$23.40 Billion |
|
Banco Do Brasil SA
F:BZLA
|
$23.49 Billion |
|
Ulta Beauty Inc
NASDAQ:ULTA
|
$23.60 Billion |
|
Reddit, Inc.
NYSE:RDDT
|
$23.25 Billion |
|
BioNTech SE
F:22UA
|
$23.24 Billion |
|
PulteGroup Inc
NYSE:PHM
|
$23.24 Billion |
|
Epiroc AB (publ)
ST:EPI-A
|
$23.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Circle Internet Group, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,470,731,000 to 570,529,000, a change of -900,202,000 (-61.2%).
- Net income of 155,667,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,285,000.
- Other factors decreased equity by 1,054,584,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $155.67 Million | +27.28% |
| Other Comprehensive Income | $-1.28 Million | -0.23% |
| Other Changes | $-1.05 Billion | -184.84% |
| Total Change | $- | -61.21% |
Book Value vs Market Value Analysis
This analysis compares Circle Internet Group, 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: 12.76x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-6.46 | $99.70 | x |
| 2021-12-31 | $-17.33 | $99.70 | x |
| 2022-12-31 | $18.84 | $99.70 | x |
| 2023-12-31 | $21.77 | $99.70 | x |
| 2024-12-31 | $7.81 | $99.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Circle Internet Group, 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): 27.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.29%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 80.34x
- Recent ROE (27.28%) is above the historical average (-8.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 24.55% | 0.00x | 0.00x | $32.44 Million |
| 2021 | 0.00% | -598.76% | 0.00x | 0.00x | $-431.37 Million |
| 2022 | -87.45% | -99.58% | 0.02x | 53.16x | $-856.76 Million |
| 2023 | 18.19% | 18.45% | 0.06x | 17.68x | $120.49 Million |
| 2024 | 27.28% | 9.29% | 0.04x | 80.34x | $98.61 Million |
Industry Comparison
This section compares Circle Internet Group, Inc.'s net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $-508,701,727
- Average return on equity (ROE) among peers: -28.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Circle Internet Group, Inc. (CRCL) | $3.02 Billion | 0.00% | 24.40x | $23.29 Billion |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $395.54 Million |
| Abits Group Inc. (ABTS) | $10.38 Million | -8.98% | 0.10x | $4.02 Million |
| Sphere 3D Corp (ANY) | $1.24 Million | -345.24% | 5.78x | $4.44 Million |
| Argo Blockchain PLC ADR (ARBK) | $33.15 Million | 5.93% | 0.34x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $-6.80 Billion | 0.00% | 0.00x | $34.90 Million |
| Prestige Wealth Inc. (AURE) | $-291.66K | 0.00% | 0.00x | $43.47 Million |
| Solowin Holdings (AXG) | $1.46 Million | -5.68% | 8.37x | $592.51 Million |
| BGC Group Inc. (BGC) | $271.69 Million | 13.29% | 0.10x | $4.05 Billion |
| Bitfarms Ltd (BITF) | $359.01 Million | 6.16% | 0.51x | $1.21 Billion |
| Bluemount Holdings Limited Class B Ordinary Shares (BMHL) | $18.73 Million | 4.67% | 4.46x | $49.89 Million |
About Circle Internet Group, Inc.
Circle Internet Group, Inc. operates as a platform, network, and market infrastructure for stablecoin and blockchain applications. The company provides a suite of stablecoins and related products that include a network utility and application platform for organizations to benefit from stablecoins and the internet financial system; and issues a U.S. dollar-denominated stablecoin. Its stablecoins n… Read more