MIPS AB (publ)
Mips AB (publ) develops, manufactures, and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia. It offers sport helmets, which include bike, snow, equestrian, and team sports helmets, as well as other helmets, such as climbing, snowmobiling, and white-water rafting helmets; moto helmets comprising on-road and off-road helmets, including scooter, snowmobiling, c… Read more
MIPS AB (publ) (MPZAF) - Net Assets
Latest net assets as of September 2025: $56.76 Million USD
Based on the latest financial reports, MIPS AB (publ) (MPZAF) has net assets worth $56.76 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 ($65.87 Million) and total liabilities ($9.11 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $56.76 Million |
| % of Total Assets | 86.17% |
| Annual Growth Rate | 67.99% |
| 5-Year Change | 50.7% |
| 10-Year Change | 1445.09% |
| Growth Volatility | 217.01 |
MIPS AB (publ) - Net Assets Trend (2013–2024)
This chart illustrates how MIPS AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MIPS AB (publ) (2013–2024)
The table below shows the annual net assets of MIPS AB (publ) from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $642.00 Million | -2.28% |
| 2023-12-31 | $657.00 Million | +4.95% |
| 2022-12-31 | $626.00 Million | +8.49% |
| 2021-12-31 | $577.00 Million | +35.45% |
| 2020-12-31 | $426.00 Million | +43.00% |
| 2019-12-31 | $297.90 Million | +8.08% |
| 2018-12-31 | $275.64 Million | +24.96% |
| 2017-12-31 | $220.57 Million | +284.76% |
| 2016-12-31 | $57.33 Million | +37.97% |
| 2015-12-31 | $41.55 Million | +126.45% |
| 2014-12-31 | $18.35 Million | +759.44% |
| 2013-12-31 | $2.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MIPS AB (publ)'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 grown by 31929300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $250.00 Million | 38.94% |
| Common Stock | $3.00 Million | 0.47% |
| Other Components | $389.00 Million | 60.59% |
| Total Equity | $642.00 Million | 100.00% |
MIPS AB (publ) Competitors by Market Cap
The table below lists competitors of MIPS AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Couchbase Inc
NASDAQ:BASE
|
$1.11 Billion |
|
GPS Participações e Empreendimentos S.A
SA:GGPS3
|
$1.11 Billion |
|
Celebi Hava Servisi AS
IS:CLEBI
|
$1.11 Billion |
|
Green Plains Inc.
LSE:0J0P
|
$1.11 Billion |
|
ECMPF
PINK:ECMPF
|
$1.11 Billion |
|
Motherson Sumi Wiring India Limited
NSE:MSUMI
|
$1.11 Billion |
|
Kalbe Farma Tbk PT
JK:KLBF
|
$1.11 Billion |
|
An Hui Wenergy Co Ltd
SHE:000543
|
$1.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MIPS AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 657,000,000 to 642,000,000, a change of -15,000,000 (-2.3%).
- Net income of 141,000,000 contributed positively to equity growth.
- Dividend payments of 159,000,000 reduced retained earnings.
- New share issuances of 3,000,000 increased equity.
- Other comprehensive income decreased equity by 5,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $141.00 Million | +21.96% |
| Dividends Paid | $159.00 Million | -24.77% |
| Share Issuances | $3.00 Million | +0.47% |
| Other Comprehensive Income | $-5.00 Million | -0.78% |
| Other Changes | $5.00 Million | +0.78% |
| Total Change | $- | -2.28% |
Book Value vs Market Value Analysis
This analysis compares MIPS AB (publ)'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: 1.73x
- 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 57.86x to 1.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $0.73 | $41.96 | x |
| 2015-12-31 | $1.64 | $41.96 | x |
| 2016-12-31 | $2.27 | $41.96 | x |
| 2017-12-31 | $8.98 | $41.96 | x |
| 2018-12-31 | $10.79 | $41.96 | x |
| 2019-12-31 | $11.53 | $41.96 | x |
| 2020-12-31 | $16.28 | $41.96 | x |
| 2021-12-31 | $21.78 | $41.96 | x |
| 2022-12-31 | $23.70 | $41.96 | x |
| 2023-12-31 | $24.89 | $41.96 | x |
| 2024-12-31 | $24.20 | $41.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MIPS AB (publ) 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): 21.96%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.19%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.15x
- Recent ROE (21.96%) is above the historical average (17.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -71.55% | -88.92% | 0.56x | 1.44x | $-14.96 Million |
| 2015 | 45.20% | 37.90% | 0.91x | 1.31x | $14.62 Million |
| 2016 | 24.95% | 16.51% | 1.15x | 1.32x | $8.57 Million |
| 2017 | 7.17% | 12.59% | 0.52x | 1.10x | $-6.24 Million |
| 2018 | 20.46% | 29.29% | 0.60x | 1.16x | $28.83 Million |
| 2019 | 28.48% | 31.67% | 0.78x | 1.15x | $55.04 Million |
| 2020 | 30.28% | 35.34% | 0.71x | 1.21x | $86.40 Million |
| 2021 | 44.19% | 41.94% | 0.80x | 1.31x | $197.30 Million |
| 2022 | 27.96% | 31.08% | 0.73x | 1.23x | $112.40 Million |
| 2023 | 9.74% | 17.93% | 0.48x | 1.12x | $-1.70 Million |
| 2024 | 21.96% | 29.19% | 0.65x | 1.15x | $76.80 Million |
Industry Comparison
This section compares MIPS AB (publ)'s net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,667,465,281
- Average return on equity (ROE) among peers: -62.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MIPS AB (publ) (MPZAF) | $56.76 Million | -71.55% | 0.16x | $1.11 Billion |
| All American Gld Crp (AAGC) | $-82.46K | 0.00% | 0.00x | $8.97 |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.07 Million | -17.18% | 3.87x | $36.62 Million |
| Altitude International Holdings Inc (ALTD) | $-2.35 Million | 0.00% | 0.00x | $24.11K |
| ANTA Sports Products Ltd (ANPDF) | $25.82 Billion | 19.99% | 1.01x | $13.79 Billion |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $91.40 Million |
| Amer Sports, Inc. (AS) | $33.42 Million | -377.97% | 208.21x | $5.64 Billion |
| Arvana Inc (AVNI) | $-1.98 Million | 0.00% | 0.00x | $21.93 Million |
| Vinco Ventures Inc (BBIG) | $7.45 Million | -190.48% | 2.17x | $7.00K |
| Bowlero Corp (BOWL) | $330.12 Million | -38.31% | 4.40x | $216.09 Million |
| Basic-Fit N.V (BSFFF) | $305.08 Million | -10.61% | 1.14x | $829.31 Million |