Block Inc
Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments, Square and Cash App. The Square segment offers commerce products for restaurants, appointments, retail, point of sale, online, online checkout, and invoices, as well as virtual terminals, risk and order m… Read more
Block Inc (BSQKZ) - Net Assets
Latest net assets as of September 2024: $19.91 Billion USD
Based on the latest financial reports, Block Inc (BSQKZ) has net assets worth $19.91 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($36.36 Billion) and total liabilities ($16.45 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 | $19.91 Billion |
| % of Total Assets | 54.76% |
| Annual Growth Rate | 81.7% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 170.28 |
Block Inc - Net Assets Trend (2019–2023)
This chart illustrates how Block Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Block Inc (2019–2023)
The table below shows the annual net assets of Block Inc from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $18.69 Billion | +8.36% |
| 2022-12-31 | $17.25 Billion | +420.62% |
| 2021-12-31 | $3.31 Billion | +23.57% |
| 2020-12-31 | $2.68 Billion | +56.36% |
| 2019-12-31 | $1.72 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Block 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 1810100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $19.22 Billion | 102.83% |
| Total Equity | $18.70 Billion | 100.00% |
Block Inc Competitors by Market Cap
The table below lists competitors of Block Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ferrovial SE
NASDAQ:FER
|
$30.62 Billion |
|
BLOCK INC. CDI/1/1
F:F8O
|
$30.83 Billion |
|
Daikin IndustriesLtd
PINK:DKILF
|
$30.85 Billion |
|
Carnival Plc ADS
NYSE:CUK
|
$30.90 Billion |
|
Assicurazioni Generali S.p.A
PINK:ARZGF
|
$30.45 Billion |
|
KKR & Co. Inc.
PINK:KKRDP
|
$30.45 Billion |
|
Deutsche Boerse AG
LSE:0H3T
|
$30.41 Billion |
|
ENBMF
OTCGREY:ENBMF
|
$30.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Block Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 17,222,879,000 to 18,695,256,000, a change of 1,472,377,000 (8.5%).
- Net income of 9,772,000 contributed positively to equity growth.
- Share repurchases of 156,812,000 reduced equity.
- Other factors increased equity by 1,619,417,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.77 Million | +0.05% |
| Share Repurchases | $156.81 Million | -0.84% |
| Other Changes | $1.62 Billion | +8.66% |
| Total Change | $- | 8.55% |
Book Value vs Market Value Analysis
This analysis compares Block 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: 1.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 13.88x to 1.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $3.96 | $55.00 | x |
| 2020-12-31 | $5.88 | $55.00 | x |
| 2021-12-31 | $7.04 | $55.00 | x |
| 2022-12-31 | $28.70 | $55.00 | x |
| 2023-12-31 | $30.36 | $55.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Block 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): 0.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.04%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.82x
- Recent ROE (0.05%) is below the historical average (6.37%), 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 | 21.89% | 7.97% | 1.04x | 2.65x | $203.94 Million |
| 2020 | 7.95% | 2.24% | 0.96x | 3.68x | $-55.05 Million |
| 2021 | 5.08% | 0.94% | 1.27x | 4.25x | $-161.00 Million |
| 2022 | -3.14% | -3.08% | 0.56x | 1.82x | $-2.26 Billion |
| 2023 | 0.05% | 0.04% | 0.64x | 1.82x | $-1.86 Billion |
Industry Comparison
This section compares Block Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $362,368,018
- Average return on equity (ROE) among peers: 2417.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Block Inc (BSQKZ) | $19.91 Billion | 21.89% | 0.83x | $30.59 Billion |
| Automatic Bank Services Limited (ABANF) | $159.45 Million | 18.42% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $1.42 Billion | 14.26% | 1.12x | $4.01 Billion |
| Adyen N.V (ADYYF) | $314.96 Million | 30.87% | 3.37x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $329.93 Million | -44.65% | 0.08x | $341.28 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $329.93 Million | -44.65% | 0.08x | $3.74 Million |
| Affluence Corporation (AFFU) | $-11.91 Million | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $-202.61K | 0.00% | 0.00x | $2.82 Million |
| C3 Ai Inc (AI) | $1.06 Billion | -5.25% | 0.13x | $1.02 Billion |
| iLearningEngines, Inc. (AILE) | $28.28K | 24250.25% | 3.12x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $16.00 Million | -39.81% | 1.77x | $364.77 Million |