Newsmax, Inc. Net Assets
Newsmax, Inc. net assets. Based on the latest financial reports, Newsmax, Inc. (NMAX) has net assets worth $107.02 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 ($226.26 Million) and total liabilities ($119.23 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. Also explore NMAX year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $107.02 Million |
| % of Total Assets | 47.3% |
| Annual Growth Rate | 80.26% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Net Assets of Newsmax, Inc. (2022–2025)
Net assets of Newsmax, Inc. from 2022 to 2025. This chart illustrates how Newsmax, Inc.'s net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Newsmax, Inc. to measure how much of total assets are equity-financed.
Annual Net Assets for Newsmax, Inc. (2022–2025)
The table below shows the annual net assets of Newsmax, Inc. from 2022 to 2025. For live market cap and overall valuation, see NMAX company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $106.05 Million | +1269.63% |
| 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 21916305800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Newsmax, Inc. Net Assets Breakdown (December 2025)
Newsmax, Inc. net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $129.13K | 0.12% |
| Other Comprehensive Income | $464.37K | 0.44% |
| Other Components | $433.33 Million | 408.61% |
| Total Equity | $106.05 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 |
|---|---|
|
IFE Elevators Co Ltd
SHE:002774
|
$660.68 Million |
|
Hefei Department Store Group Co Ltd
SHE:000417
|
$660.76 Million |
|
ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd
SHG:603976
|
$660.90 Million |
|
Mutares SE & Co. KGaA
XETRA:MUX
|
$660.94 Million |
|
Wagners Holding Company Ltd
AU:WGN
|
$659.95 Million |
|
Anhui Estone Materials Technology Co Ltd
SHG:688733
|
$659.80 Million |
|
Xiangpiaopiao Food Co Ltd
SHG:603711
|
$659.75 Million |
|
Shandong Sanyuan Biotechnology Co.Ltd.
SHE:301206
|
$659.64 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 2024 to 2025, total equity changed from -9,066,828 to 106,048,552, a change of 115,115,380.
- Net loss of 99,495,119 reduced equity.
- Dividend payments of 915,069 reduced retained earnings.
- New share issuances of 148,300,579 increased equity.
- Other comprehensive income increased equity by 517,214.
- Other factors increased equity by 66,707,775.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-99.50 Million | -93.82% |
| Dividends Paid | $915.07K | -0.86% |
| Share Issuances | $148.30 Million | +139.84% |
| Other Comprehensive Income | $517.21K | +0.49% |
| Other Changes | $66.71 Million | +62.9% |
| 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
- Current price-to-book ratio: 8.94x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 33.31x to 8.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $0.22 | $7.34 | x |
| 2023-12-31 | $-0.18 | $7.34 | x |
| 2024-12-31 | $-0.07 | $7.34 | x |
| 2025-12-31 | $0.82 | $7.34 | 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): -93.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -52.56%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.26x
- Recent ROE (-93.82%) is below the historical average (-50.99%), suggesting potential challenges in 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 |
| 2025 | -93.82% | -52.56% | 0.79x | 2.26x | $-110.10 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: $256,678,580
- Average return on equity (ROE) among peers: 28.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Newsmax, Inc. (NMAX) | $107.02 Million | -110.15% | 1.11x | $660.02 Million |
| Beasley Broadcast Group Inc (BBGI) | $130.54 Million | 30.64% | 1.41x | $5.74 Million |
| FreeCast, Inc. Class A Common Stock (CAST) | $-117.67 Million | 0.00% | 0.00x | $44.59 Million |
| Cumulus Media Inc Class A (CMLS) | $-696.12 Million | 0.00% | 0.00x | $2.54 Million |
| Curiositystream Inc. (CURI) | $44.97 Million | -108.06% | 0.97x | $146.33 Million |
| CuriosityStream Inc (CURIW) | $-91.32 Million | 0.00% | 0.00x | $116.21 |
| Flash Sports & Media Holdings, Inc. (FLZH) | $-3.83 Million | 0.00% | 0.00x | $4.29 Million |
| Fubotv Inc (FUBO) | $-5.37 Million | 0.00% | 0.00x | $229.55 Million |
| Gray Television Inc (GTN) | $216.19 Million | 22.23% | 7.66x | $455.10 Million |
| Gray Television Inc (GTN-A) | $143.94 Million | 19.54% | 7.68x | $56.26 Million |
| iHeartMedia Inc Class A (IHRT) | $2.95 Billion | 321.55% | 2.74x | $236.65 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