Newsmax, Inc. (NMAX) - Net Assets
Based on the latest financial reports, Newsmax, Inc. (NMAX) has net assets worth $105.96 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 ($233.33 Million) and total liabilities ($127.37 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 Newsmax, Inc. liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $105.96 Million |
| % of Total Assets | 45.41% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Newsmax, Inc. - Net Assets Trend (2022–2024)
This chart illustrates how Newsmax, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Newsmax, Inc. for the complete picture of this company's asset base.
Annual Net Assets for Newsmax, Inc. (2022–2024)
The table below shows the annual net assets of Newsmax, Inc. from 2022 to 2024. For live valuation and market cap data, see Newsmax, Inc. (NMAX) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-9.07 Million | +61.56% |
| 2023-12-31 | $-23.58 Million | -230.30% |
| 2022-12-31 | $18.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Newsmax, 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 11905970100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.00 | % |
| Other Comprehensive Income | $-52.85K | % |
| Other Components | $218.75 Million | % |
| Total Equity | $-9.07 Million | 100.00% |
Newsmax, Inc. Competitors by Market Cap
The table below lists competitors of Newsmax, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Natural Outdoor Goods Inc.
SHG:605080
|
$538.51 Million |
|
Anhui Ronds Science & Technology Inc Co
SHG:688768
|
$538.58 Million |
|
Jamna Auto Industries Limited
NSE:JAMNAAUTO
|
$538.66 Million |
|
Bel Fuse A Inc
NASDAQ:BELFA
|
$538.74 Million |
|
OPUS GLOBAL Nyrt
BUD:OPUS
|
$538.25 Million |
|
Medprin Regenerative Medical Technologies Co. Ltd.
SHE:301033
|
$538.16 Million |
|
Viromed Medical AG
DU:Q11
|
$537.97 Million |
|
Nanjing CEC Environmental Protect
SHE:300172
|
$537.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Newsmax, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -23,584,096 to -9,066,828, a change of 14,517,268.
- Net loss of 72,171,928 reduced equity.
- New share issuances of 125,821,070 increased equity.
- Other comprehensive income decreased equity by 52,849.
- Other factors decreased equity by 39,079,025.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-72.17 Million | -796.0% |
| Share Issuances | $125.82 Million | +1387.71% |
| Other Comprehensive Income | $-52.85K | -0.58% |
| Other Changes | $-39.08 Million | -431.01% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Newsmax, 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 |
|---|---|---|---|
| 2022-12-31 | $0.22 | $5.99 | x |
| 2023-12-31 | $-0.18 | $5.99 | x |
| 2024-12-31 | $-0.07 | $5.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Newsmax, 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: -42.20%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-36.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -110.15% | -14.73% | 2.02x | 3.69x | $-21.75 Million |
| 2023 | 0.00% | -30.88% | 1.89x | 0.00x | $-39.42 Million |
| 2024 | 0.00% | -42.20% | 1.17x | 0.00x | $-71.27 Million |
Industry Comparison
This section compares Newsmax, Inc.'s net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $323,472,369
- Average return on equity (ROE) among peers: -23.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Newsmax, Inc. (NMAX) | $105.96 Million | -110.15% | 1.20x | $538.44 Million |
| Beasley Broadcast Group Inc (BBGI) | $69.41 Million | 18.40% | 3.00x | $7.05 Million |
| Cumulus Media Inc Class A (CMLS) | $408.40 Million | 3.98% | 2.94x | $2.54 Million |
| Curiositystream Inc. (CURI) | $44.97 Million | -108.06% | 0.97x | $180.14 Million |
| CuriosityStream Inc (CURIW) | $44.97 Million | -108.06% | 0.97x | $122.75 |
| Fubotv Inc (FUBO) | $180.78 Million | -95.28% | 4.96x | $412.68 Million |
| Gray Television Inc (GTN) | $126.70 Million | 32.91% | 2.70x | $511.53 Million |
| Gray Television Inc (GTN-A) | $2.40 Billion | 17.06% | 2.18x | $114.38 Million |
| iHeartMedia Inc Class A (IHRT) | $-384.76 Million | 0.00% | 0.00x | $527.25 Million |
| Mediaco Holding Inc (MDIA) | $17.76 Million | 30.22% | 8.41x | $51.19 Million |
About Newsmax, Inc.
Newsmax Inc., through its subsidiaries, operates as a television broadcaster and multi-platform content publisher in the United States. It operates through two segments: Broadcasting and Digital. The Broadcasting segment produces and licenses news, business news, and lifestyle content for distribution through cable television systems, direct broadcast satellite operators, and telecommunication co… Read more