PSQ Holdings Inc. (PSQH) - Net Assets
Based on the latest financial reports, PSQ Holdings Inc. (PSQH) has net assets worth $14.89 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 ($58.83 Million) and total liabilities ($43.94 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 PSQH financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.89 Million |
| % of Total Assets | 25.31% |
| Annual Growth Rate | 214.74% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 57.07 |
PSQ Holdings Inc. - Net Assets Trend (2021–2024)
This chart illustrates how PSQ Holdings Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore total assets of PSQ Holdings Inc. for the complete picture of this company's asset base.
Annual Net Assets for PSQ Holdings Inc. (2021–2024)
The table below shows the annual net assets of PSQ Holdings Inc. from 2021 to 2024. For live valuation and market cap data, see PSQH market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $26.85 Million | +157.33% |
| 2023-12-31 | $10.43 Million | +206.76% |
| 2022-12-31 | $3.40 Million | +295.28% |
| 2021-12-31 | $860.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to PSQ Holdings 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 11799505200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.28K | 0.02% |
| Other Components | $146.75 Million | 546.54% |
| Total Equity | $26.85 Million | 100.00% |
PSQ Holdings Inc. Competitors by Market Cap
The table below lists competitors of PSQ Holdings Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atara Biotherapeutics Inc
NASDAQ:ATRA
|
$35.19 Million |
|
Adcorp
JSE:ADR
|
$35.20 Million |
|
Blue Gold Limited Class A Ordinary Shares
NASDAQ:BGL
|
$35.22 Million |
|
Modular Medical Inc
NASDAQ:MODD
|
$35.22 Million |
|
Tower Real Estate Investment Trust
KLSE:5111
|
$35.12 Million |
|
TNL Mediagene Ordinary Shares
NASDAQ:TNMG
|
$35.11 Million |
|
Dynamic Precision Industry
TWO:8928
|
$35.09 Million |
|
JOSAPAR Joaquim Oliveira S.A. Participações
SA:JOPA3
|
$35.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PSQ Holdings Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,434,042 to 26,850,206, a change of 16,416,164 (157.3%).
- Net loss of 57,687,289 reduced equity.
- New share issuances of 39,299,795 increased equity.
- Other factors increased equity by 34,803,658.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-57.69 Million | -214.85% |
| Share Issuances | $39.30 Million | +146.37% |
| Other Changes | $34.80 Million | +129.62% |
| Total Change | $- | 157.33% |
Book Value vs Market Value Analysis
This analysis compares PSQ Holdings 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: 0.90x
- 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.
- The price-to-book ratio has decreased from 18.94x to 0.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.04 | $0.76 | x |
| 2022-12-31 | $0.30 | $0.76 | x |
| 2023-12-31 | $0.48 | $0.76 | x |
| 2024-12-31 | $0.84 | $0.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PSQ Holdings 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): -214.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -248.66%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 2.79x
- Recent ROE (-214.85%) is above the historical average (-299.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -265.71% | -25856.06% | 0.01x | 1.18x | $-2.37 Million |
| 2022 | -205.17% | -1468.63% | 0.11x | 1.24x | $-7.32 Million |
| 2023 | -511.11% | -937.91% | 0.23x | 2.42x | $-54.37 Million |
| 2024 | -214.85% | -248.66% | 0.31x | 2.79x | $-60.37 Million |
Industry Comparison
This section compares PSQ Holdings 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 |
|---|---|---|---|---|
| PSQ Holdings Inc. (PSQH) | $14.89 Million | -265.71% | 2.95x | $35.15 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 PSQ Holdings Inc.
PSQ Holdings, Inc., together with its subsidiaries, operates an online marketplace through advertising and eCommerce in the United States. It operates through three segments: Marketplace, Brands, and Financial Technology. The company offers buy now pay later solutions through point-of-sale financing platform; and payment processing solution for its Merchant customers across their e-commerce lands… Read more