Nerdy Inc (NRDY) - Net Assets
Based on the latest financial reports, Nerdy Inc (NRDY) has net assets worth $37.06 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 ($70.41 Million) and total liabilities ($33.35 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. Read Nerdy Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $37.06 Million |
| % of Total Assets | 52.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.1 |
Nerdy Inc - Net Assets Trend (2019–2024)
This chart illustrates how Nerdy Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Nerdy Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Nerdy Inc (2019–2024)
The table below shows the annual net assets of Nerdy Inc from 2019 to 2024. For live valuation and market cap data, see Nerdy Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $61.11 Million | -28.61% |
| 2023-12-31 | $85.61 Million | +5.62% |
| 2022-12-31 | $81.05 Million | -15.40% |
| 2021-12-31 | $95.81 Million | +124.04% |
| 2020-12-31 | $-398.46 Million | -154.79% |
| 2019-12-31 | $-156.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nerdy 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 38940300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.00K | 0.05% |
| Other Comprehensive Income | $19.00K | 0.05% |
| Other Components | $597.31 Million | 1512.98% |
| Total Equity | $39.48 Million | 100.00% |
Nerdy Inc Competitors by Market Cap
The table below lists competitors of Nerdy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SAMYOUNG M-Tek Co. Ltd
KQ:054540
|
$110.40 Million |
|
Nova Klúbburinn hf.
IC:NOVA
|
$110.40 Million |
|
Affluent Medical SAS
PA:AFME
|
$110.43 Million |
|
Union Bankshares Inc
NASDAQ:UNB
|
$110.44 Million |
|
Se Gyung Hi Tech Co.Ltd
KQ:148150
|
$110.33 Million |
|
Sedana Medical AB
ST:SEDANA
|
$110.32 Million |
|
Eusu Holdings
KO:000700
|
$110.30 Million |
|
Merck Tbk
JK:MERK
|
$110.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nerdy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 52,477,000 to 39,479,000, a change of -12,998,000 (-24.8%).
- Net loss of 42,585,000 reduced equity.
- Other comprehensive income decreased equity by 12,000.
- Other factors increased equity by 29,599,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-42.59 Million | -107.87% |
| Other Comprehensive Income | $-12.00K | -0.03% |
| Other Changes | $29.60 Million | +74.97% |
| Total Change | $- | -24.77% |
Book Value vs Market Value Analysis
This analysis compares Nerdy 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: 2.54x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-1.85 | $0.90 | x |
| 2020-12-31 | $-4.75 | $0.90 | x |
| 2021-12-31 | $0.64 | $0.90 | x |
| 2022-12-31 | $0.55 | $0.90 | x |
| 2023-12-31 | $0.54 | $0.90 | x |
| 2024-12-31 | $0.35 | $0.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nerdy 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): -107.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.39%
- • Asset Turnover: 2.06x
- • Equity Multiplier: 2.34x
- Recent ROE (-107.87%) is below the historical average (-52.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -24.81% | 1.54x | 0.00x | $-6.80 Million |
| 2020 | 0.00% | -23.72% | 1.82x | 0.00x | $15.18 Million |
| 2021 | -53.93% | -19.43% | 0.79x | 3.50x | $-32.39 Million |
| 2022 | -75.43% | -21.76% | 1.23x | 2.83x | $-40.09 Million |
| 2023 | -76.56% | -20.77% | 1.55x | 2.38x | $-45.42 Million |
| 2024 | -107.87% | -22.39% | 2.06x | 2.34x | $-46.53 Million |
Industry Comparison
This section compares Nerdy Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,053,721,914
- Average return on equity (ROE) among peers: -264.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nerdy Inc (NRDY) | $37.06 Million | 0.00% | 0.90x | $110.37 Million |
| Adobe Systems Incorporated (ADBE) | $224.60 Million | 19.41% | 0.25x | $93.73 Billion |
| ADEIA CORP (ADEA) | $1.45 Billion | 10.11% | 0.86x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $2.32 Billion | 19.64% | 0.66x | $76.36 Billion |
| Autodesk Inc (ADSK) | $1.31 Billion | 14.01% | 0.85x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $130.78 Million | 13.07% | 0.44x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $109.00K | -2388.07% | 23.23x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $5.09 Billion | -1.22% | 1.21x | $408.76 Million |
| Alkami Technology Inc (ALKT) | $14.64 Million | -285.93% | 2.60x | $1.72 Billion |
About Nerdy Inc
Nerdy Inc. operates platform for live online learning in the United States. The company's platform uses artificial intelligence to connect students, users, parents, guardians, and purchasers of various ages to tutors, instructors, subject matter experts, educators, and other professionals. Its learning destination provides learning experiences across various subjects and multiple formats, includi… Read more