NextBoat Inc. (NXB) - Net Assets
Based on the latest financial reports, NextBoat Inc. (NXB) has net assets worth $10.48 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 ($64.47 Million) and total liabilities ($53.99 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. See net asset quality index of NextBoat Inc. to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.48 Million |
| % of Total Assets | 16.26% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
NextBoat Inc. - Net Assets Trend (2023–2025)
This chart illustrates how NextBoat Inc.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see NXB market cap overview.
Annual Net Assets for NextBoat Inc. (2023–2025)
The table below shows the annual net assets of NextBoat Inc. from 2023 to 2025. Also explore NXB year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $11.84 Million | +1123.41% |
| 2024-12-31 | $967.39K | +487.39% |
| 2023-12-31 | $-249.72K | -- |
Equity Component Analysis
This analysis shows how different components contribute to NextBoat 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 442048500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $24.02K | 0.20% |
| Other Components | $18.31 Million | 154.75% |
| Total Equity | $11.84 Million | 100.00% |
NextBoat Inc. Competitors by Market Cap
The table below lists competitors of NextBoat Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FoundPac Group Bhd
KLSE:5277
|
$53.33 Million |
|
CanAlaska Uranium Ltd
V:CVV
|
$53.34 Million |
|
Inzi Controls
KO:023800
|
$53.35 Million |
|
Rent.com.Au Ltd
AU:RNT
|
$53.35 Million |
|
Pansari Developers Limited
NSE:PANSARI
|
$53.24 Million |
|
KENERGY
KLSE:0307
|
$53.16 Million |
|
QTC Energy Public Company Limited
BK:QTC
|
$53.16 Million |
|
Dominari Holdings Inc.
NASDAQ:DOMH
|
$53.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NextBoat Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 967,390 to 11,835,153, a change of 10,867,763 (1123.4%).
- Net loss of 1,871,797 reduced equity.
- Share repurchases of 2,804,083 reduced equity.
- New share issuances of 13,392,744 increased equity.
- Other factors increased equity by 2,150,899.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.87 Million | -15.82% |
| Share Repurchases | $2.80 Million | -23.69% |
| Share Issuances | $13.39 Million | +113.16% |
| Other Changes | $2.15 Million | +18.17% |
| Total Change | $- | 1123.41% |
Book Value vs Market Value Analysis
This analysis compares NextBoat 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: 4.51x
- 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 |
|---|---|---|---|
| 2023-12-31 | $-0.01 | $2.22 | x |
| 2024-12-31 | $0.04 | $2.22 | x |
| 2025-12-31 | $0.49 | $2.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NextBoat 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): -15.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.56%
- • Asset Turnover: 2.48x
- • Equity Multiplier: 4.09x
- Recent ROE (-15.82%) is below the historical average (28.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 0.00% | 1.41% | 4.52x | 0.00x | $1.32 Million |
| 2024 | 102.51% | 1.00% | 3.13x | 32.70x | $894.95K |
| 2025 | -15.82% | -1.56% | 2.48x | 4.09x | $-3.06 Million |
Industry Comparison
This section compares NextBoat Inc.'s net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $1,178,060,066
- Average return on equity (ROE) among peers: 4.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NextBoat Inc. (NXB) | $10.48 Million | 0.00% | 5.15x | $53.25 Million |
| Asbury Automotive Group Inc (ABG) | $402.80 Million | 20.41% | 3.12x | $3.60 Billion |
| ACV Auctions Inc. (ACVA) | $485.72 Million | -21.04% | 0.88x | $1.29 Billion |
| ACV Auctions Inc. (ACVA) | $440.00 Million | -18.11% | 1.24x | $1.30 Billion |
| AutoNation Inc (AN) | $3.72 Billion | 8.52% | 1.31x | $6.52 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-35.18 Million | 0.00% | 0.00x | $5.48 Million |
| Boyd Group Services Inc. (BGSI) | $1.72 Billion | 1.09% | 1.24x | $2.43 Billion |
| CarGurus (CARG) | $616.85 Million | 5.04% | 0.49x | $2.64 Billion |
| Americas Car-Mart Inc (CRMT) | $469.37 Million | 20.24% | 1.44x | $14.55 Million |
| Carvana Co (CVNA) | $4.20 Billion | 33.48% | 2.14x | $48.10 Billion |
| Camping World Holdings Inc (CWH) | $-236.70 Million | 0.00% | 0.00x | $361.84 Million |
About NextBoat Inc.
NextBoat Inc., together with its subsidiaries, operates as a yacht and boat dealership in the United States. It operates through two segments: Dealerships and Financial Services Segments. The company engages in the retail sale, brokerage, and servicing of new and pre-owned boats, yachts, and trailers. It also arranges related boat financing, insurance, and extended service contracts for recreatio… Read more