Miami International Holdings, Inc. (MIAX) - Net Assets
Based on the latest financial reports, Miami International Holdings, Inc. (MIAX) has net assets worth $1.15 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.60 Billion) and total liabilities ($450.09 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. Check how strategically is Miami International Holdings, Inc.'s equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.15 Billion |
| % of Total Assets | 71.88% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.6 |
Miami International Holdings, Inc. - Net Assets Trend (2020–2025)
This chart illustrates how Miami International Holdings, Inc.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Miami International Holdings, Inc. worth.
Annual Net Assets for Miami International Holdings, Inc. (2020–2025)
The table below shows the annual net assets of Miami International Holdings, Inc. from 2020 to 2025. Also explore Miami International Holdings, Inc. (MIAX) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $881.02 Million | +139.66% |
| 2024-12-31 | $367.62 Million | +124.46% |
| 2023-12-31 | $163.78 Million | +153166.36% |
| 2022-12-31 | $-107.00K | +99.91% |
| 2021-12-31 | $-113.54 Million | -84.36% |
| 2020-12-31 | $-61.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Miami International 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 2058900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $86.00K | 0.01% |
| Other Comprehensive Income | $-641.00K | -0.07% |
| Other Components | $1.51 Billion | 171.84% |
| Total Equity | $881.02 Million | 100.00% |
Miami International Holdings, Inc. Competitors by Market Cap
The table below lists competitors of Miami International Holdings, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JCDECAUX SE ADR 1/2/O.N.
F:DCS0
|
$4.04 Billion |
|
JK Cement Limited
NSE:JKCEMENT
|
$4.05 Billion |
|
Jb Financial
KO:175330
|
$4.05 Billion |
|
Axtel S.A.B. de C.V
MX:AXTELCPO
|
$4.05 Billion |
|
Beijing Shougang Co Ltd
SHE:000959
|
$4.04 Billion |
|
Just Eat Takeaway
AS:TKWY
|
$4.04 Billion |
|
Cinemark Holdings Inc
NYSE:CNK
|
$4.04 Billion |
|
Kumba Iron Ore Ltd
JSE:KIO
|
$4.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Miami International Holdings, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 367,617,000 to 881,017,000, a change of 513,400,000 (139.7%).
- Net loss of 70,029,000 reduced equity.
- Share repurchases of 21,833,000 reduced equity.
- New share issuances of 381,325,000 increased equity.
- Other comprehensive income decreased equity by 640,999.
- Other factors increased equity by 224,577,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-70.03 Million | -7.95% |
| Share Repurchases | $21.83 Million | -2.48% |
| Share Issuances | $381.32 Million | +43.28% |
| Other Comprehensive Income | $-641.00K | -0.07% |
| Other Changes | $224.58 Million | +25.49% |
| Total Change | $- | 139.66% |
Book Value vs Market Value Analysis
This analysis compares Miami International 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: 3.31x
- 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 | $-0.78 | $41.77 | x |
| 2021-12-31 | $-1.43 | $41.77 | x |
| 2022-12-31 | $0.00 | $41.77 | x |
| 2023-12-31 | $2.07 | $41.77 | x |
| 2024-12-31 | $4.63 | $41.77 | x |
| 2025-12-31 | $12.62 | $41.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Miami International 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): -7.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.13%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 1.43x
- Recent ROE (-7.95%) is below the historical average (3527.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -7.05% | 1.09x | 0.00x | $-25.73 Million |
| 2021 | 0.00% | -12.43% | 1.40x | 0.00x | $-82.07 Million |
| 2022 | 21159.19% | 7.21% | 1.06x | 2777.11x | $57.53 Million |
| 2023 | -12.69% | -2.01% | 1.45x | 4.37x | $-37.35 Million |
| 2024 | 27.78% | 8.96% | 1.17x | 2.65x | $65.36 Million |
| 2025 | -7.95% | -5.13% | 1.08x | 1.43x | $-158.13 Million |
Industry Comparison
This section compares Miami International Holdings, Inc.'s net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $196,936,298
- Average return on equity (ROE) among peers: -6.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Miami International Holdings, Inc. (MIAX) | $1.15 Billion | 0.00% | 0.39x | $4.04 Billion |
| American Bitcoin Corp (ABTC) | $665.82 Million | -23.00% | 0.87x | $207.64 Million |
| Abits Group Inc. (ABTS) | $-2.96 Million | 0.00% | 0.00x | $4.56 Million |
| Sphere 3D Corp (ANY) | $85.14 Million | -14.94% | 0.75x | $18.70 Million |
| Argo Blockchain PLC ADR (ARBK) | $272.27 Million | 14.35% | 0.43x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $-777.81K | 0.00% | 0.00x | $32.53 Million |
| Prestige Wealth Inc. (AURE) | $6.18 Million | -16.75% | 0.11x | $32.41 Million |
| Solowin Holdings (AXG) | $4.73 Million | -23.16% | 1.60x | $321.47 Million |
| BGC Group Inc. (BGC) | $334.08 Million | 5.99% | 3.38x | $4.45 Billion |
| Big Digital Energy, Inc. (BGDE) | $-3.12 Million | 0.00% | 0.00x | $34.07 Million |
| Bitfarms Ltd (BITF) | $608.00 Million | -8.89% | 0.10x | $1.21 Billion |
About Miami International Holdings, Inc.
Miami International Holdings, Inc., through its subsidiaries, builds and operates various financial marketplaces in the United States. It operates through Options, Equities, and International segments. The company's markets include options through MIAX Options, MIAX Pearl, MIAX Emerald, and MIAX Sapphire; U.S. equities through MIAX Pearl Equities; U.S. futures and options on futures through MIAX … Read more