SolarWinds Corp
SolarWinds Corporation provides information technology (IT) management software products in the United States and internationally. The company provides a suite of network management software that provides real-time visibility into network utilization and bandwidth, as well as the ability to detect, diagnose, and resolve network performance problems; and a suite of infrastructure management produc… Read more
SolarWinds Corp (SWI) - Net Assets
Latest net assets as of December 2024: $1.40 Billion USD
Based on the latest financial reports, SolarWinds Corp (SWI) has net assets worth $1.40 Billion USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.17 Billion) and total liabilities ($1.77 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.40 Billion |
| % of Total Assets | 44.21% |
| Annual Growth Rate | N/A |
| 5-Year Change | -53.48% |
| 10-Year Change | 123.84% |
| Growth Volatility | 65.53 |
SolarWinds Corp - Net Assets Trend (2007–2024)
This chart illustrates how SolarWinds Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SolarWinds Corp (2007–2024)
The table below shows the annual net assets of SolarWinds Corp from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.40 Billion | -2.87% |
| 2023-12-31 | $1.44 Billion | +5.29% |
| 2022-12-31 | $1.37 Billion | -40.13% |
| 2021-12-31 | $2.29 Billion | -24.01% |
| 2020-12-31 | $3.01 Billion | +13.63% |
| 2019-12-31 | $2.65 Billion | +1.28% |
| 2018-12-31 | $2.62 Billion | +458.49% |
| 2017-12-31 | $-729.76 Million | -40.44% |
| 2016-12-31 | $-519.64 Million | -183.04% |
| 2014-12-31 | $625.78 Million | +22.09% |
| 2013-12-31 | $512.55 Million | +33.89% |
| 2012-12-31 | $382.81 Million | +44.49% |
| 2011-12-31 | $264.95 Million | +50.87% |
| 2010-12-31 | $175.61 Million | +97.17% |
| 2009-12-31 | $89.07 Million | +283.54% |
| 2008-12-31 | $-48.53 Million | +38.19% |
| 2007-12-31 | $-78.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SolarWinds Corp'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 110697100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $172.00K | 0.01% |
| Other Comprehensive Income | $-67.59 Million | -4.83% |
| Other Components | $2.58 Billion | 183.84% |
| Total Equity | $1.40 Billion | 100.00% |
SolarWinds Corp Competitors by Market Cap
The table below lists competitors of SolarWinds Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tata Technologies Limited
NSE:TATATECH
|
$1.05 Billion |
|
MIRAIT ONE Corporation
PINK:MRHLF
|
$1.05 Billion |
|
Deutsche Wohnen AG
LSE:0OBQ
|
$1.05 Billion |
|
Mercialys SA
PA:MERY
|
$1.05 Billion |
|
Godfrey Phillips India Limited
NSE:GODFRYPHLP
|
$1.05 Billion |
|
Heron Neutron Medical Corp.
TW:7799
|
$1.05 Billion |
|
TKH Group NV
AS:TWEKA
|
$1.05 Billion |
|
Dorian LPG Ltd
NYSE:LPG
|
$1.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SolarWinds Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,442,044,000 to 1,400,714,000, a change of -41,330,000 (-2.9%).
- Net income of 111,903,000 contributed positively to equity growth.
- Dividend payments of 168,162,000 reduced retained earnings.
- Share repurchases of 26,499,000 reduced equity.
- Other comprehensive income decreased equity by 39,483,000.
- Other factors increased equity by 80,911,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $111.90 Million | +7.99% |
| Dividends Paid | $168.16 Million | -12.01% |
| Share Repurchases | $26.50 Million | -1.89% |
| Other Comprehensive Income | $-39.48 Million | -2.82% |
| Other Changes | $80.91 Million | +5.78% |
| Total Change | $- | -2.87% |
Book Value vs Market Value Analysis
This analysis compares SolarWinds Corp'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: 2.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.84x to 2.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $10.07 | $18.49 | x |
| 2013-12-31 | $12.65 | $18.49 | x |
| 2014-12-31 | $15.40 | $18.49 | x |
| 2016-12-31 | $-3.31 | $18.49 | x |
| 2017-12-31 | $-5.31 | $18.49 | x |
| 2018-12-31 | $36.71 | $18.49 | x |
| 2019-12-31 | $17.03 | $18.49 | x |
| 2020-12-31 | $38.16 | $18.49 | x |
| 2021-12-31 | $14.48 | $18.49 | x |
| 2022-12-31 | $8.52 | $18.49 | x |
| 2023-12-31 | $8.76 | $18.49 | x |
| 2024-12-31 | $8.02 | $18.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SolarWinds Corp 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): 7.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.04%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.26x
- Recent ROE (7.99%) is above the historical average (4.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 33.13% | 25.34% | 0.64x | 2.04x | $20.60 Million |
| 2010 | 25.48% | 29.36% | 0.62x | 1.41x | $27.19 Million |
| 2011 | 23.57% | 31.48% | 0.55x | 1.37x | $35.95 Million |
| 2012 | 21.25% | 30.24% | 0.52x | 1.35x | $43.06 Million |
| 2013 | 18.55% | 26.77% | 0.47x | 1.46x | $41.39 Million |
| 2014 | 13.27% | 18.22% | 0.52x | 1.40x | $19.23 Million |
| 2016 | 0.00% | -71.24% | 0.09x | 0.00x | $-282.44 Million |
| 2017 | 0.00% | -11.52% | 0.14x | 0.00x | $-10.89 Million |
| 2018 | -3.90% | -12.25% | 0.16x | 1.99x | $-363.68 Million |
| 2019 | 0.70% | 2.00% | 0.18x | 2.00x | $-246.31 Million |
| 2020 | 5.26% | 15.55% | 0.18x | 1.90x | $-142.59 Million |
| 2021 | -2.82% | -8.97% | 0.15x | 2.09x | $-293.26 Million |
| 2022 | -67.86% | -129.20% | 0.22x | 2.34x | $-1.07 Billion |
| 2023 | -0.63% | -1.20% | 0.23x | 2.25x | $-153.31 Million |
| 2024 | 7.99% | 14.04% | 0.25x | 2.26x | $-28.17 Million |
Industry Comparison
This section compares SolarWinds Corp's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SolarWinds Corp (SWI) | $1.40 Billion | 33.13% | 1.26x | $1.05 Billion |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |