Acushnet Holdings Corp (GOLF) - Net Assets
Based on the latest financial reports, Acushnet Holdings Corp (GOLF) has net assets worth $856.81 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.35 Billion) and total liabilities ($1.50 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 asset resilience ratio of Acushnet Holdings Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $856.81 Million |
| % of Total Assets | 36.4% |
| Annual Growth Rate | 9.56% |
| 5-Year Change | -21.65% |
| 10-Year Change | 145.63% |
| Growth Volatility | 41.51 |
Acushnet Holdings Corp - Net Assets Trend (2014–2024)
This chart illustrates how Acushnet Holdings Corp's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Acushnet Holdings Corp for the complete picture of this company's asset base.
Annual Net Assets for Acushnet Holdings Corp (2014–2024)
The table below shows the annual net assets of Acushnet Holdings Corp from 2014 to 2024. For live valuation and market cap data, see GOLF company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $797.16 Million | -12.68% |
| 2023-12-31 | $912.87 Million | -7.17% |
| 2022-12-31 | $983.37 Million | -9.25% |
| 2021-12-31 | $1.08 Billion | +6.51% |
| 2020-12-31 | $1.02 Billion | +6.91% |
| 2019-12-31 | $951.63 Million | +2.66% |
| 2018-12-31 | $926.98 Million | +9.39% |
| 2017-12-31 | $847.39 Million | +10.22% |
| 2016-12-31 | $768.82 Million | +136.89% |
| 2015-12-31 | $324.54 Million | +1.43% |
| 2014-12-31 | $319.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Acushnet Holdings Corp'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 24721000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $180.28 Million | 23.56% |
| Common Stock | $61.00K | 0.01% |
| Other Comprehensive Income | $-140.31 Million | -18.34% |
| Other Components | $725.23 Million | 94.77% |
| Total Equity | $765.25 Million | 100.00% |
Acushnet Holdings Corp Competitors by Market Cap
The table below lists competitors of Acushnet Holdings Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CarMax Inc
NYSE:KMX
|
$5.46 Billion |
|
Shandong Intco Medical Products Co Ltd
SHE:300677
|
$5.47 Billion |
|
Turkcell Iletisim Hizmetleri AS ORD
IS:TCELL
|
$5.47 Billion |
|
Clal Insurance Enterprises Holdings Ltd
TA:CLIS
|
$5.47 Billion |
|
NEXANS ADR EO 1
F:NXS0
|
$5.46 Billion |
|
Floor & Decor Holdings Inc
NYSE:FND
|
$5.45 Billion |
|
Kite Realty Group Trust
NYSE:KRG
|
$5.45 Billion |
|
Telecom Italia S.p.A
F:TQIR
|
$5.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Acushnet Holdings Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 864,235,000 to 765,247,000, a change of -98,988,000 (-11.5%).
- Net income of 214,298,000 contributed positively to equity growth.
- Dividend payments of 54,291,000 reduced retained earnings.
- Share repurchases of 172,799,000 reduced equity.
- Other comprehensive income decreased equity by 35,966,000.
- Other factors decreased equity by 50,230,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $214.30 Million | +28.0% |
| Dividends Paid | $54.29 Million | -7.09% |
| Share Repurchases | $172.80 Million | -22.58% |
| Other Comprehensive Income | $-35.97 Million | -4.7% |
| Other Changes | $-50.23 Million | -6.56% |
| Total Change | $- | -11.45% |
Book Value vs Market Value Analysis
This analysis compares Acushnet Holdings Corp'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: 7.96x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 5.56x to 7.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $17.21 | $95.72 | x |
| 2015-12-31 | $4.10 | $95.72 | x |
| 2016-12-31 | $11.44 | $95.72 | x |
| 2017-12-31 | $10.92 | $95.72 | x |
| 2018-12-31 | $11.97 | $95.72 | x |
| 2019-12-31 | $12.13 | $95.72 | x |
| 2020-12-31 | $13.11 | $95.72 | x |
| 2021-12-31 | $13.86 | $95.72 | x |
| 2022-12-31 | $12.94 | $95.72 | x |
| 2023-12-31 | $12.80 | $95.72 | x |
| 2024-12-31 | $12.02 | $95.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Acushnet Holdings Corp 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): 28.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.72%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 2.85x
- Recent ROE (28.00%) is above the historical average (13.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 7.49% | 1.40% | 0.87x | 6.13x | $-7.21 Million |
| 2015 | -0.33% | -0.06% | 0.85x | 6.04x | $-30.09 Million |
| 2016 | 6.12% | 2.86% | 0.91x | 2.36x | $-28.57 Million |
| 2017 | 11.31% | 5.90% | 0.90x | 2.12x | $10.64 Million |
| 2018 | 11.16% | 6.11% | 0.97x | 1.89x | $10.38 Million |
| 2019 | 13.17% | 7.20% | 0.93x | 1.98x | $29.15 Million |
| 2020 | 9.76% | 5.96% | 0.86x | 1.90x | $-2.40 Million |
| 2021 | 17.15% | 8.33% | 1.07x | 1.92x | $74.59 Million |
| 2022 | 21.22% | 8.78% | 1.03x | 2.34x | $105.37 Million |
| 2023 | 22.96% | 8.33% | 1.08x | 2.54x | $112.01 Million |
| 2024 | 28.00% | 8.72% | 1.13x | 2.85x | $137.77 Million |
Industry Comparison
This section compares Acushnet Holdings Corp's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $974,640,341
- Average return on equity (ROE) among peers: -0.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Acushnet Holdings Corp (GOLF) | $856.81 Million | 7.49% | 1.75x | $5.46 Billion |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $32.72 Million | -11.24% | 0.06x | $66.64 Million |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $116.57 Million |
| Amer Sports, Inc. (AS) | $5.82 Billion | 7.34% | 0.73x | $19.42 Billion |
| Callaway Golf Company (CALY) | $2.41 Billion | -60.13% | 2.17x | $2.67 Billion |
| Clarus Corp (CLAR) | $292.12 Million | -3.47% | 0.70x | $105.22 Million |
| Dogness International Corp Class A (DOGZ) | $76.41 Million | -7.93% | 0.30x | $6.69 Million |
| Escalade Incorporated (ESCA) | $89.78 Million | 13.16% | 0.42x | $242.81 Million |
| Funko Inc (FNKO) | $389.69 Million | -2.06% | 1.80x | $235.39 Million |
| Six Flags Entertainment Corporation (FUN) | $434.23 Million | 37.04% | 1.36x | $1.61 Billion |
| Golden Heaven Group Holdings Ltd. Ordinary Shares (GDHG) | $24.93 Million | 30.35% | 1.54x | $35.33 Million |
About Acushnet Holdings Corp
Acushnet Holdings Corp. designs, develops, manufactures, and distributes golf products in the United States, Europe, the Middle East, Africa, Japan, Korea, and internationally. It operates through three segments: Titleist Golf Equipment, FootJoy Golf Wear, and Golf Wear. The company offers golf equipment comprising golf clubs, such as drivers, fairways, hybrids, and iron, as well as wedges; and g… Read more