Nextdoor Holdings Inc
Nextdoor Holdings, Inc. operates a neighborhood network that connects neighbors, businesses, and public agencies in the United States and internationally. The company provides local news, events, relevant discussions, and exchange goods and services, as well as discovers and supports local businesses. It also offers a suite of advertising solutions designed to deliver value for businesses of vari… Read more
Nextdoor Holdings Inc (KIND) - Net Assets
Latest net assets as of June 2025: $429.53 Million USD
Based on the latest financial reports, Nextdoor Holdings Inc (KIND) has net assets worth $429.53 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($490.36 Million) and total liabilities ($60.82 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 | $429.53 Million |
| % of Total Assets | 87.6% |
| Annual Growth Rate | 19.01% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 104.76 |
Nextdoor Holdings Inc - Net Assets Trend (2019–2024)
This chart illustrates how Nextdoor 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 Nextdoor Holdings Inc (2019–2024)
The table below shows the annual net assets of Nextdoor Holdings Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $453.49 Million | -18.81% |
| 2023-12-31 | $558.56 Million | -8.59% |
| 2022-12-31 | $611.07 Million | -17.98% |
| 2021-12-31 | $744.99 Million | +350.12% |
| 2020-12-31 | $-297.86 Million | -256.87% |
| 2019-12-31 | $189.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nextdoor 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 55430300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $38.00K | 0.01% |
| Other Comprehensive Income | $917.00K | 0.20% |
| Other Components | $1.32 Billion | 290.33% |
| Total Equity | $453.49 Million | 100.00% |
Nextdoor Holdings Inc Competitors by Market Cap
The table below lists competitors of Nextdoor Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Shuangyi Technology Co Ltd
SHE:300690
|
$499.34 Million |
|
Hertz Global Holdings Inc
NASDAQ:HTZ
|
$499.39 Million |
|
Sichuan Meifeng Chemical Industry Co Ltd
SHE:000731
|
$499.40 Million |
|
Shanghai CEO Environmental Protection Technology Co Ltd
SHG:688335
|
$499.44 Million |
|
Catapult Group International Limited
PINK:CAZGF
|
$499.11 Million |
|
Suzhou Douson Drilling & Production Equipment Co Ltd
SHG:603800
|
$499.01 Million |
|
Instructure Holdings Inc
NYSE:INST
|
$499.00 Million |
|
Sino Prima Gas Technology Co Ltd
SHE:300483
|
$498.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nextdoor Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 558,557,000 to 453,488,000, a change of -105,069,000 (-18.8%).
- Net loss of 98,063,000 reduced equity.
- Share repurchases of 75,530,000 reduced equity.
- Other comprehensive income decreased equity by 26,000.
- Other factors increased equity by 68,550,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-98.06 Million | -21.62% |
| Share Repurchases | $75.53 Million | -16.66% |
| Other Comprehensive Income | $-26.00K | -0.01% |
| Other Changes | $68.55 Million | +15.12% |
| Total Change | $- | -18.81% |
Book Value vs Market Value Analysis
This analysis compares Nextdoor 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: 1.96x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.34x to 1.96x 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 | $6.78 | $2.31 | x |
| 2020-12-31 | $-0.78 | $2.31 | x |
| 2021-12-31 | $5.09 | $2.31 | x |
| 2022-12-31 | $1.61 | $2.31 | x |
| 2023-12-31 | $1.47 | $2.31 | x |
| 2024-12-31 | $1.18 | $2.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nextdoor 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): -21.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -39.66%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.13x
- Recent ROE (-21.62%) is below the historical average (-20.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -38.60% | -88.77% | 0.37x | 1.16x | $-92.27 Million |
| 2020 | 0.00% | -61.02% | 0.57x | 0.00x | $-45.45 Million |
| 2021 | -12.80% | -49.60% | 0.23x | 1.13x | $-169.82 Million |
| 2022 | -22.57% | -64.82% | 0.30x | 1.14x | $-199.02 Million |
| 2023 | -26.45% | -67.69% | 0.33x | 1.17x | $-203.62 Million |
| 2024 | -21.62% | -39.66% | 0.48x | 1.13x | $-143.41 Million |
Industry Comparison
This section compares Nextdoor Holdings Inc's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,625,500,796
- Average return on equity (ROE) among peers: 1.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nextdoor Holdings Inc (KIND) | $429.53 Million | -38.60% | 0.14x | $499.23 Million |
| ADWYF (ADWYF) | $12.45 Billion | 1.32% | 0.53x | $40.28 Million |
| Allied Energy Inc (AGGI) | $-1.09 Million | 0.00% | 0.00x | $122.37 Million |
| Calibre (ALWIN) | $-687.00K | 0.00% | 0.00x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.27 Million |
| ApartmentLove Inc (APMLF) | $-12.38K | 0.00% | 0.00x | $1.13K |
| Arena Group Holdings Inc (AREN) | $-52.15 Million | 0.00% | 0.00x | $35.83 Million |
| Autohome Inc (ATHM) | $7.12 Billion | 13.92% | 0.06x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $636.50 |
| BDCTF (BDCTF) | $3.15 Million | -39.54% | 7.80x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |