Miami International Holdings, Inc. (MIAX) - Net Assets
Based on the latest financial reports, Miami International Holdings, Inc. (MIAX) has net assets worth $831.91 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 ($1.23 Billion) and total liabilities ($393.36 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. Explore Miami International Holdings, Inc. cash conversion from operations to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $831.91 Million |
| % of Total Assets | 67.9% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Miami International Holdings, Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Miami International Holdings, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore MIAX long-term investments to assets to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Miami International Holdings, Inc. (2020–2024)
The table below shows the annual net assets of Miami International Holdings, Inc. from 2020 to 2024. For live valuation and market cap data, see market cap of Miami International Holdings, Inc..
| Year | Net Assets | Change |
|---|---|---|
| 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 grown by 4944000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $63.00K | 0.02% |
| Other Components | $929.86 Million | 252.94% |
| Total Equity | $367.62 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 |
|---|---|
|
BancFirst Corporation
NASDAQ:BANF
|
$3.72 Billion |
|
Luxi Chemical Group Co Ltd
SHE:000830
|
$3.72 Billion |
|
Delhivery Limited
NSE:DELHIVERY
|
$3.72 Billion |
|
Anhui Great Wall Military Industry Co Ltd
SHG:601606
|
$3.72 Billion |
|
Shanghai Wanye Enterprises Co Ltd
SHG:600641
|
$3.71 Billion |
|
Siegfried Holding Ltd
SW:SFZN
|
$3.71 Billion |
|
Beta Technologies, Inc.
NYSE:BETA
|
$3.71 Billion |
|
United Community Banks, Inc.
NASDAQ:UCB
|
$3.71 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 2023 to 2024, total equity changed from 164,642,000 to 367,617,000, a change of 202,975,000 (123.3%).
- Net income of 102,123,000 contributed positively to equity growth.
- New share issuances of 10,035,000 increased equity.
- Other factors increased equity by 90,817,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $102.12 Million | +27.78% |
| Share Issuances | $10.04 Million | +2.73% |
| Other Changes | $90.82 Million | +24.7% |
| Total Change | $- | 123.28% |
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: 10.85x
- 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 | $50.21 | x |
| 2021-12-31 | $-1.43 | $50.21 | x |
| 2022-12-31 | $0.00 | $50.21 | x |
| 2023-12-31 | $2.07 | $50.21 | x |
| 2024-12-31 | $4.63 | $50.21 | 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): 27.78%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.96%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 2.65x
- Recent ROE (27.78%) is below the historical average (4234.86%), 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 |
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: $94,157,490
- Average return on equity (ROE) among peers: -45.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Miami International Holdings, Inc. (MIAX) | $831.91 Million | 0.00% | 0.47x | $3.71 Billion |
| American Bitcoin Corp (ABTC) | $22.08 Million | -55.74% | 0.11x | $353.94 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $2.43 Million |
| Sphere 3D Corp (ANY) | $1.24 Million | -345.24% | 5.78x | $6.97 Million |
| Argo Blockchain PLC ADR (ARBK) | $33.15 Million | 5.93% | 0.34x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $9.94 Million | 1.32% | 3.08x | $32.53 Million |
| Prestige Wealth Inc. (AURE) | $4.01 Million | 47.65% | 0.11x | $53.01 Million |
| Solowin Holdings (AXG) | $2.00 Million | -6.29% | 3.73x | $551.54 Million |
| BGC Group Inc. (BGC) | $427.41 Million | 5.58% | 2.83x | $3.90 Billion |
| Big Digital Energy, Inc. (BGDE) | $76.17 Million | -69.27% | 0.75x | $34.07 Million |
| Bitfarms Ltd (BITF) | $359.01 Million | 6.16% | 0.51x | $1.21 Billion |
About Miami International Holdings, Inc.
Miami International Holdings, Inc., through its subsidiaries, operates various markets across options, futures, and cash equities. Its 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 Futures; and international listings through BSX and TISE. The company also trades… Read more