Money Forward Inc
Money Forward, Inc. provides financial solutions for individuals, financial institutions, and corporations primarily in Japan. The company offers personal financial management services under the Money Forward ME, MONEY PLUS, Money Forward Personal Financial Consulting, Money Forward Sensei, Money Forward RelayB, and Money Forward Fixed Cost Review names; Money Forward Cloud, a software-as-a-servi… Read more
Money Forward Inc (MNFYY) - Net Assets
Latest net assets as of May 2025: $50.61 Billion USD
Based on the latest financial reports, Money Forward Inc (MNFYY) has net assets worth $50.61 Billion USD as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($109.14 Billion) and total liabilities ($58.53 Billion). 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 | $50.61 Billion |
| % of Total Assets | 46.37% |
| Annual Growth Rate | 1.81% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 19.08 |
Money Forward Inc - Net Assets Trend (2021–2024)
This chart illustrates how Money Forward 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 Money Forward Inc (2021–2024)
The table below shows the annual net assets of Money Forward Inc from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | $44.68 Billion | +28.90% |
| 2023-11-30 | $34.66 Billion | -1.20% |
| 2022-11-30 | $35.08 Billion | -17.13% |
| 2021-11-30 | $42.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Money Forward 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 623832500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $46.43 Billion | 124.02% |
| Total Equity | $37.44 Billion | 100.00% |
Money Forward Inc Competitors by Market Cap
The table below lists competitors of Money Forward Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Choice Healthc
PINK:FCHS
|
$114.61K |
|
BRT APARTMENTS DL 3 SBI
F:WWA
|
$114.61K |
|
ASMPT Ltd
STU:AY7A
|
$114.61K |
|
BLACKROCK HEAL.SCIEN.TR.2
F:0PR
|
$114.61K |
|
DOCCHECK N
BE:AJ91
|
$114.43K |
|
Danske Invest - Globale Virksomhedsobligationer
CO:DKIGLOVO
|
$114.43K |
|
PEARSON (PES.SG)
STU:PES
|
$114.38K |
|
Institut IGH d.d.
ZSE:IGH
|
$114.36K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Money Forward Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,327,234,000 to 37,436,412,000, a change of 9,109,178,000 (32.2%).
- Net loss of 6,330,577,000 reduced equity.
- Dividend payments of 713,500,000 reduced retained earnings.
- New share issuances of 361,065,000 increased equity.
- Other factors increased equity by 15,792,190,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.33 Billion | -16.91% |
| Dividends Paid | $713.50 Million | -1.91% |
| Share Issuances | $361.06 Million | +0.96% |
| Other Changes | $15.79 Billion | +42.18% |
| Total Change | $- | 32.16% |
Book Value vs Market Value Analysis
This analysis compares Money Forward 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: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-11-30 | $759.76 | $12.00 | x |
| 2022-11-30 | $606.95 | $12.00 | x |
| 2023-11-30 | $523.41 | $12.00 | x |
| 2024-11-30 | $685.22 | $12.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Money Forward 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): -16.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.68%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 2.84x
- Recent ROE (-16.91%) is above the historical average (-17.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -3.66% | -9.48% | 0.27x | 1.40x | $-5.54 Billion |
| 2022 | -28.96% | -44.00% | 0.33x | 2.02x | $-12.71 Billion |
| 2023 | -22.29% | -20.79% | 0.34x | 3.12x | $-9.15 Billion |
| 2024 | -16.91% | -15.68% | 0.38x | 2.84x | $-10.07 Billion |
Industry Comparison
This section compares Money Forward Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Money Forward Inc (MNFYY) | $50.61 Billion | -3.66% | 1.16x | $114.59K |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |