Clearwater Analytics Holdings Inc
Clearwater Analytics Holdings, Inc. develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally. It offers investment accounting and reporting, performance measureme… Read more
Clearwater Analytics Holdings Inc (CWAN) - Net Assets
Latest net assets as of September 2025: $2.00 Billion USD
Based on the latest financial reports, Clearwater Analytics Holdings Inc (CWAN) has net assets worth $2.00 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 ($2.99 Billion) and total liabilities ($988.96 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.00 Billion |
| % of Total Assets | 66.93% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 59.65 |
Clearwater Analytics Holdings Inc - Net Assets Trend (2019–2024)
This chart illustrates how Clearwater Analytics Holdings 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 Clearwater Analytics Holdings Inc (2019–2024)
The table below shows the annual net assets of Clearwater Analytics Holdings Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.03 Billion | +151.49% |
| 2023-12-31 | $409.66 Million | +21.06% |
| 2022-12-31 | $338.39 Million | +29.22% |
| 2021-12-31 | $261.87 Million | +175.99% |
| 2020-12-31 | $-344.61 Million | -71.68% |
| 2019-12-31 | $-200.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Clearwater Analytics 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 grown by 48552200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $283.95 Million | 28.16% |
| Common Stock | $248.00K | 0.02% |
| Other Comprehensive Income | $-1.11 Million | -0.11% |
| Other Components | $725.17 Million | 71.92% |
| Total Equity | $1.01 Billion | 100.00% |
Clearwater Analytics Holdings Inc Competitors by Market Cap
The table below lists competitors of Clearwater Analytics Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nexstar Broadcasting Group Inc
NASDAQ:NXST
|
$6.69 Billion |
|
Joint Stock Company Kaspi.kz
NASDAQ:KSPI
|
$6.69 Billion |
|
SM Investments Corporation
PINK:SVTMF
|
$6.70 Billion |
|
Zurn Elkay Water Solutions Corporation
NYSE:ZWS
|
$6.71 Billion |
|
Fannie Mae
LSE:0IL0
|
$6.68 Billion |
|
LIG Nex1 Co Ltd
KO:079550
|
$6.68 Billion |
|
Ashok Leyland Limited
NSE:ASHOKLEY
|
$6.67 Billion |
|
Terex Corporation
NYSE:TEX
|
$6.66 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clearwater Analytics Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 354,329,000 to 1,008,255,000, a change of 653,926,000 (184.6%).
- Net income of 424,378,000 contributed positively to equity growth.
- Share repurchases of 55,301,000 reduced equity.
- Other comprehensive income decreased equity by 4,022,000.
- Other factors increased equity by 288,871,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $424.38 Million | +42.09% |
| Share Repurchases | $55.30 Million | -5.48% |
| Other Comprehensive Income | $-4.02 Million | -0.4% |
| Other Changes | $288.87 Million | +28.65% |
| Total Change | $- | 184.55% |
Book Value vs Market Value Analysis
This analysis compares Clearwater Analytics 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: 5.91x
- 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 |
|---|---|---|---|
| 2019-12-31 | $-0.85 | $23.42 | x |
| 2020-12-31 | $-1.46 | $23.42 | x |
| 2021-12-31 | $1.11 | $23.42 | x |
| 2022-12-31 | $1.45 | $23.42 | x |
| 2023-12-31 | $1.77 | $23.42 | x |
| 2024-12-31 | $3.96 | $23.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clearwater Analytics 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): 42.09%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 93.93%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.16x
- Recent ROE (42.09%) is above the historical average (4.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 4.60% | 2.63x | 0.00x | $27.80 Million |
| 2020 | 0.00% | -21.76% | 1.76x | 0.00x | $-9.77 Million |
| 2021 | -4.17% | -3.26% | 0.73x | 1.75x | $-27.90 Million |
| 2022 | -2.96% | -2.63% | 0.63x | 1.79x | $-34.92 Million |
| 2023 | -6.10% | -5.87% | 0.66x | 1.58x | $-57.06 Million |
| 2024 | 42.09% | 93.93% | 0.39x | 1.16x | $323.55 Million |
Industry Comparison
This section compares Clearwater Analytics Holdings Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $679,817,884
- Average return on equity (ROE) among peers: -17.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clearwater Analytics Holdings Inc (CWAN) | $2.00 Billion | 0.00% | 0.49x | $6.68 Billion |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $849.93K | -14.47% | 0.09x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $1.10 Billion | 24.20% | 0.41x | $103.05 Billion |
| Adcore Inc (ADCOF) | $1.19 Million | -17.83% | 0.01x | $3.03 Million |
| ADEIA CORP (ADEA) | $572.18 Million | 12.20% | 0.08x | $2.45 Billion |
| Automatic Data Processing Inc (ADP) | $5.32 Billion | 25.04% | 3.76x | $84.01 Billion |
| Autodesk Inc (ADSK) | $-256.00 Million | 0.00% | 0.00x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-2.61 Million | 0.00% | 0.00x | $0.96 |
| AudioEye Inc (AEYE) | $17.60 Million | -71.80% | 0.67x | $49.81 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.93 |