T3 Defense Inc. (DFNS) - Net Assets
Based on the latest financial reports, T3 Defense Inc. (DFNS) has net assets worth $217.09 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 ($315.49 Million) and total liabilities ($98.39 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. For live market cap and overall valuation, see T3 Defense Inc. market cap and net worth.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $217.09 Million |
| % of Total Assets | 68.81% |
| Annual Growth Rate | 103.54% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 87.88 |
T3 Defense Inc. - Net Assets Trend (2021–2025)
This chart illustrates how T3 Defense Inc.'s net assets have evolved over time, based on quarterly financial data.
Annual Net Assets for T3 Defense Inc. (2021–2025)
The table below shows the annual net assets of T3 Defense Inc. from 2021 to 2025. See DFNS net asset quality score to measure how much of total assets are equity-financed.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $157.20 Million | +2314.80% |
| 2024-12-31 | $-7.10 Million | -14.60% |
| 2023-12-31 | $-6.19 Million | -156.87% |
| 2022-12-31 | $10.89 Million | +18.90% |
| 2021-12-31 | $9.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to T3 Defense 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 12003184100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | % |
| Other Components | $102.74 Million | % |
| Total Equity | $-19.79 Million | 100.00% |
T3 Defense Inc. Competitors by Market Cap
The table below lists competitors of T3 Defense Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SDN Company. Ltd
KQ:099220
|
$14.69 Million |
|
Burcon NutraScience Corporation
TO:BU
|
$14.69 Million |
|
Fitters Diversified Bhd
KLSE:9318
|
$14.70 Million |
|
Ruchi Infrastructure Limited
NSE:RUCHINFRA
|
$14.70 Million |
|
Intelicare Holdings Ltd
AU:ICR
|
$14.68 Million |
|
Pilulka Lekarny as
PR:PINK
|
$14.67 Million |
|
Natural Health Trend
NASDAQ:NHTC
|
$14.67 Million |
|
Delorean Corporation Ltd
AU:DEL
|
$14.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in T3 Defense Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -7,097,713 to -19,788,000, a change of -12,690,287.
- Net income of 78,549,000 contributed positively to equity growth.
- New share issuances of 172,854,000 increased equity.
- Other comprehensive income increased equity by 144,883.
- Other factors decreased equity by 264,238,170.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $78.55 Million | +396.95% |
| Share Issuances | $172.85 Million | +873.53% |
| Other Comprehensive Income | $144.88K | +0.73% |
| Other Changes | $-264.24 Million | -1335.35% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares T3 Defense 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 | $0.28 | $0.22 | x |
| 2022-12-31 | $1.11 | $0.22 | x |
| 2023-12-31 | $-4.92 | $0.22 | x |
| 2024-12-31 | $-3.38 | $0.22 | x |
| 2025-12-31 | $-2.14 | $0.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently T3 Defense 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: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-23.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -10.23% | -4.86% | 1.22x | 1.73x | $-1.85 Million |
| 2022 | -108.77% | -55.06% | 1.17x | 1.69x | $-12.93 Million |
| 2023 | 0.00% | -81.83% | 6.35x | 0.00x | $-16.81 Million |
| 2024 | 0.00% | -144.05% | 6.00x | 0.00x | $-7.81 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $80.53 Million |
Industry Comparison
This section compares T3 Defense Inc.'s net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $1,198,354,440
- Average return on equity (ROE) among peers: 3.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| T3 Defense Inc. (DFNS) | $217.09 Million | -10.23% | 0.45x | $14.68 Million |
| Archer Aviation Inc (ACHR) | $752.60 Million | -71.33% | 0.33x | $4.31 Billion |
| AAR Corp (AIR) | $902.60 Million | 2.75% | 1.30x | $5.58 Billion |
| Air Industries Group (AIRI) | $6.87 Million | -4.91% | 2.62x | $14.65 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $595.46 Million | -5.45% | 0.24x | $217.18 Million |
| Arxis, Inc. Class A Common Stock (ARXS) | $2.98 Billion | -1.86% | 1.12x | $3.75 Billion |
| Astronics Corporation (ATRO) | $60.11 Million | -6.32% | 1.31x | $2.42 Billion |
| AeroVironment Inc (AVAV) | $169.74 Million | 12.60% | 0.19x | $7.43 Billion |
| AEVEX Corp. (AVEX) | $164.27 Million | 47.82% | 2.39x | $1.04 Billion |
| Axon Enterprise Inc. (AXON) | $1.62 Billion | 10.88% | 1.11x | $48.44 Billion |
| The Boeing Company (BA) | $4.74 Billion | 46.74% | 9.93x | $167.19 Billion |
About T3 Defense Inc.
T3 Defense Inc. acquires and operates aerospace and defense businesses in the United States and Israel. It engages in supplying generators for iron dome launchers and defense systems; defense and aerospace applications, including GPS-denied navigation, 3D mapping, simulation systems, and AI training platforms; design and manufacture of motion control systems for military and civilian use; and dis… Read more