Marti Technologies Inc. (MRT) - Net Assets
Based on the latest financial reports, Marti Technologies Inc. (MRT) has net assets worth $-73.16 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.22 Million) and total liabilities ($90.38 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 Marti Technologies Inc. liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-73.16 Million |
| % of Total Assets | -424.98% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 491.38 |
Marti Technologies Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Marti Technologies Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Marti Technologies Inc. (MRT) total assets for the complete picture of this company's asset base.
Annual Net Assets for Marti Technologies Inc. (2020–2024)
The table below shows the annual net assets of Marti Technologies Inc. from 2020 to 2024. For live valuation and market cap data, see market cap of Marti Technologies Inc..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-61.44 Million | -87.91% |
| 2023-12-31 | $-32.70 Million | -530.25% |
| 2022-12-31 | $7.60 Million | -62.96% |
| 2021-12-31 | $20.52 Million | +664.00% |
| 2020-12-31 | $2.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Marti Technologies 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 12902278100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $6.00K | % |
| Other Comprehensive Income | $-7.56 Million | % |
| Other Components | $85.60 Million | % |
| Total Equity | $-61.44 Million | 100.00% |
Marti Technologies Inc. Competitors by Market Cap
The table below lists competitors of Marti Technologies Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marti Technologies Inc.
NYSE MKT:MRT
|
$163.71 Million |
|
Shane Global Holding Inc
TW:8482
|
$163.71 Million |
|
Aimei Health Technology Co., Ltd Ordinary Share
NASDAQ:AFJK
|
$163.82 Million |
|
Athens Medical C.S.A.
AT:IATR
|
$163.93 Million |
|
Chiang Mai Ram Medical Business Public Company Limited
BK:CMR
|
$163.69 Million |
|
CTT Systems AB
ST:CTT
|
$163.42 Million |
|
MEDICLIN Aktiengesellschaft
XETRA:MED
|
$163.40 Million |
|
Navkar Corporation Limited
NSE:NAVKARCORP
|
$163.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marti Technologies Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -32,697,658 to -61,441,000, a change of -28,743,342.
- Net loss of 73,881,000 reduced equity.
- Share repurchases of 89,970 reduced equity.
- Other factors increased equity by 45,227,628.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-73.88 Million | -120.25% |
| Share Repurchases | $89.97K | -0.15% |
| Other Changes | $45.23 Million | +73.61% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Marti Technologies 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.07 | $2.08 | x |
| 2021-12-31 | $0.60 | $2.08 | x |
| 2022-12-31 | $0.17 | $2.08 | x |
| 2023-12-31 | $-0.65 | $2.08 | x |
| 2024-12-31 | $-1.04 | $2.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marti Technologies 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -395.94%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-50.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -172.40% | -47.42% | 0.72x | 5.08x | $-4.90 Million |
| 2021 | -70.53% | -85.14% | 0.44x | 1.90x | $-16.52 Million |
| 2022 | -11.02% | -3.35% | 0.61x | 5.38x | $-1.60 Million |
| 2023 | 0.00% | -168.82% | 0.50x | 0.00x | $-30.54 Million |
| 2024 | 0.00% | -395.94% | 0.92x | 0.00x | $-67.74 Million |
Industry Comparison
This section compares Marti Technologies Inc.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,232,448,014
- Average return on equity (ROE) among peers: 1.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marti Technologies Inc. (MRT) | $-73.16 Million | -172.40% | N/A | $163.71 Million |
| Adobe Systems Incorporated (ADBE) | $9.36 Billion | 27.67% | 1.00x | $93.73 Billion |
| ADEIA CORP (ADEA) | $545.10 Million | -11.47% | 0.92x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $949.50 Million | 19.76% | 0.77x | $76.36 Billion |
| Autodesk Inc (ADSK) | $267.30 Million | 21.62% | 0.23x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $52.90 Million | 15.69% | 1.77x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $-3.01 Million | 0.00% | 0.00x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $805.00 Million | 2.73% | 7.18x | $408.81 Million |
| Alkami Technology Inc (ALKT) | $344.61 Million | -13.59% | 0.27x | $1.72 Billion |
About Marti Technologies Inc.
Marti Technologies, Inc. provides tech-enabled urban transportation services to riders in Turkey. It also operates a mobility app that provides multiple transportation services, such as a ride hailing service that matches riders with car, motorcycle, and taxi drivers, as well as operates a fleet of e-mopeds, e-bikes, and e-scooters. In addition, the company offers driver subscription package, whi… Read more