Stablecoin Development Corporation (SDEV) - Net Assets
Based on the latest financial reports, Stablecoin Development Corporation (SDEV) has net assets worth $-22.83 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.65 Million) and total liabilities ($33.47 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 asset resilience ratio of Stablecoin Development Corporation to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-22.83 Million |
| % of Total Assets | -214.41% |
| Annual Growth Rate | N/A |
| 5-Year Change | -324.42% |
| 10-Year Change | -421.45% |
| Growth Volatility | 338.68 |
Stablecoin Development Corporation - Net Assets Trend (2006–2025)
This chart illustrates how Stablecoin Development Corporation's net assets have evolved over time, based on quarterly financial data. Also explore Stablecoin Development Corporation balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Stablecoin Development Corporation (2006–2025)
The table below shows the annual net assets of Stablecoin Development Corporation from 2006 to 2025. For live valuation and market cap data, see market cap of Stablecoin Development Corporation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-22.83 Million | -17594.57% |
| 2024-12-31 | $-129.00K | -103.89% |
| 2023-12-31 | $3.31 Million | -68.60% |
| 2022-12-31 | $10.55 Million | +3.77% |
| 2021-12-31 | $10.17 Million | -17.43% |
| 2020-12-31 | $12.32 Million | +1165.98% |
| 2019-12-31 | $973.00K | -80.36% |
| 2018-12-31 | $4.95 Million | +90.98% |
| 2017-12-31 | $2.59 Million | -63.47% |
| 2016-12-31 | $7.10 Million | +239.29% |
| 2015-12-31 | $-5.10 Million | -375.87% |
| 2014-12-31 | $1.85 Million | -78.30% |
| 2013-12-31 | $8.52 Million | -39.38% |
| 2012-12-31 | $14.05 Million | +50.35% |
| 2011-12-31 | $9.34 Million | -10.92% |
| 2010-12-31 | $10.49 Million | -21.39% |
| 2009-12-31 | $13.35 Million | +81.69% |
| 2008-12-31 | $7.34 Million | -48.71% |
| 2007-12-31 | $14.32 Million | +689.85% |
| 2006-12-31 | $1.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stablecoin Development Corporation'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 19734100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $252.00K | % |
| Other Components | $187.34 Million | % |
| Total Equity | $-22.83 Million | 100.00% |
Stablecoin Development Corporation Competitors by Market Cap
The table below lists competitors of Stablecoin Development Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dancomech Holdings Bhd
KLSE:5276
|
$39.44 Million |
|
German High Street Properties A/S Class B
CO:GERHSP
|
$39.45 Million |
|
GBK Beteiligungen AG
HM:GBQ
|
$39.49 Million |
|
Hikma Pharmaceuticals PLC
LSE:HIK
|
$39.53 Million |
|
NovaBay Pharmaceuticals Inc
NYSE MKT:NBY
|
$39.41 Million |
|
EITA Resources Bhd
KLSE:5208
|
$39.40 Million |
|
Far East Fame Line DDB Public Company Limited
BK:FE
|
$39.37 Million |
|
Career Point Limited
NSE:CAREERP
|
$39.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stablecoin Development Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -129,000 to -22,826,000, a change of -22,697,000.
- Net loss of 33,341,000 reduced equity.
- Dividend payments of 4,817,000 reduced retained earnings.
- Share repurchases of 2,176,000 reduced equity.
- New share issuances of 5,835,000 increased equity.
- Other factors increased equity by 11,802,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-33.34 Million | -146.07% |
| Dividends Paid | $4.82 Million | -21.1% |
| Share Repurchases | $2.18 Million | -9.53% |
| Share Issuances | $5.83 Million | +25.56% |
| Other Changes | $11.80 Million | +51.7% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Stablecoin Development Corporation'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $13133.87 | $1.48 | x |
| 2007-12-31 | $244326.91 | $1.48 | x |
| 2008-12-31 | $52773.39 | $1.48 | x |
| 2009-12-31 | $88400.90 | $1.48 | x |
| 2010-12-31 | $68863.65 | $1.48 | x |
| 2011-12-31 | $55516.61 | $1.48 | x |
| 2012-12-31 | $73053.92 | $1.48 | x |
| 2013-12-31 | $34151.43 | $1.48 | x |
| 2014-12-31 | $5702.12 | $1.48 | x |
| 2015-12-31 | $-11215.98 | $1.48 | x |
| 2016-12-31 | $4623.05 | $1.48 | x |
| 2017-12-31 | $1037.19 | $1.48 | x |
| 2018-12-31 | $1779.45 | $1.48 | x |
| 2019-12-31 | $275.40 | $1.48 | x |
| 2020-12-31 | $2151.24 | $1.48 | x |
| 2021-12-31 | $1427.51 | $1.48 | x |
| 2022-12-31 | $1147.30 | $1.48 | x |
| 2023-12-31 | $138.08 | $1.48 | x |
| 2024-12-31 | $-0.19 | $1.48 | x |
| 2025-12-31 | $-3.92 | $1.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stablecoin Development Corporation 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-180.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -291.56% | -344.81% | 0.13x | 6.54x | $-5.47 Million |
| 2007 | -37.71% | -91.32% | 0.25x | 1.67x | $-6.83 Million |
| 2008 | -110.47% | -120.71% | 0.48x | 1.90x | $-8.85 Million |
| 2009 | 20.21% | 17.20% | 0.90x | 1.31x | $1.36 Million |
| 2010 | -41.07% | -44.17% | 0.63x | 1.48x | $-5.36 Million |
| 2011 | -54.42% | -46.15% | 0.69x | 1.71x | $-6.02 Million |
| 2012 | -50.02% | -101.15% | 0.36x | 1.37x | $-8.43 Million |
| 2013 | -188.37% | -461.37% | 0.22x | 1.84x | $-16.89 Million |
| 2014 | -822.19% | -1441.56% | 0.14x | 4.08x | $-15.38 Million |
| 2015 | 0.00% | -433.07% | 0.86x | 0.00x | $-18.46 Million |
| 2016 | -185.20% | -110.54% | 0.77x | 2.17x | $-13.86 Million |
| 2017 | -285.39% | -40.61% | 1.81x | 3.89x | $-7.66 Million |
| 2018 | -132.12% | -52.33% | 1.34x | 1.89x | $-7.04 Million |
| 2019 | -992.60% | -146.36% | 0.59x | 11.53x | $-9.76 Million |
| 2020 | -89.62% | -111.12% | 0.21x | 3.92x | $-12.27 Million |
| 2021 | -57.26% | -57.08% | 0.43x | 2.36x | $-6.84 Million |
| 2022 | -100.51% | -73.65% | 0.88x | 1.55x | $-11.66 Million |
| 2023 | -185.43% | -58.78% | 0.21x | 15.21x | $-6.48 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-7.21 Million |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-31.06 Million |
Industry Comparison
This section compares Stablecoin Development Corporation's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,354,468,176
- Average return on equity (ROE) among peers: -6.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stablecoin Development Corporation (SDEV) | $-22.83 Million | -291.56% | N/A | $39.41 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $132.50 Million | 58.57% | 1.67x | $3.47 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $367.10 Million | 72.82% | 0.03x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alpha Compute Corp (ALP) | $4.53 Million | -55.38% | 0.03x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $85.02 Million | -7.77% | 0.44x | $354.53 Million |
| Affiliated Managers Group Inc (AMG) | $4.97 Billion | 4.90% | 0.65x | $8.51 Billion |
| Ameriprise Financial Inc (AMP) | $6.45 Billion | 10.45% | 10.54x | $40.50 Billion |
| AMTD IDEA Group (AMTD) | $602.83 Million | 14.44% | 3.67x | $42.12 Million |
About Stablecoin Development Corporation
Stablecoin Development Corporation engages in the accumulation and holding of digital assets for participation in blockchain-based networks. The company focuses on the accumulation, holding, and deployment of SKY, a protocol token of the decentralized Sky Protocol. Its services intend to support protocol-level services, including staking, governance participation, validation, and related activiti… Read more