DeFi Technologies Inc
DeFi Technologies Inc., a technology company, engages in the development of exchange traded products that synthetically track the value of a single DeFi protocol or a basket of protocols in Canada. The company provides asset management services, such as indirect exposure to underlying digital assets, digital asset indexes, or other decentralized finance instruments. It is also involved in early-s… Read more
DeFi Technologies Inc (DEFTF) - Net Assets
Latest net assets as of March 2025: $79.71 Million USD
Based on the latest financial reports, DeFi Technologies Inc (DEFTF) has net assets worth $79.71 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.04 Billion) and total liabilities ($960.41 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 | $79.71 Million |
| % of Total Assets | 7.66% |
| Annual Growth Rate | 12.26% |
| 5-Year Change | 267.26% |
| 10-Year Change | 629.0% |
| Growth Volatility | 708.77 |
DeFi Technologies Inc - Net Assets Trend (2000–2024)
This chart illustrates how DeFi Technologies 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 DeFi Technologies Inc (2000–2024)
The table below shows the annual net assets of DeFi Technologies Inc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $23.15 Million | +25.52% |
| 2023-12-31 | $18.44 Million | -57.92% |
| 2022-12-31 | $43.83 Million | -52.24% |
| 2021-12-31 | $91.78 Million | +1355.97% |
| 2020-12-31 | $6.30 Million | +640.84% |
| 2019-12-31 | $-1.17 Million | -441.03% |
| 2018-12-31 | $341.77K | -96.63% |
| 2017-12-31 | $10.14 Million | +212.13% |
| 2016-12-31 | $3.25 Million | +2.25% |
| 2015-12-31 | $3.18 Million | -81.71% |
| 2014-12-31 | $17.36 Million | +13.85% |
| 2013-12-31 | $15.25 Million | -28.63% |
| 2012-12-31 | $21.36 Million | +14.52% |
| 2011-12-31 | $18.65 Million | +67.92% |
| 2010-12-31 | $11.11 Million | +49.56% |
| 2009-12-31 | $7.43 Million | -23.88% |
| 2008-12-31 | $9.76 Million | -7.59% |
| 2007-12-31 | $10.56 Million | +10.25% |
| 2006-12-31 | $9.58 Million | +68.59% |
| 2005-12-31 | $5.68 Million | +3023.84% |
| 2004-12-31 | $181.86K | +536.77% |
| 2003-12-31 | $-41.64K | +70.48% |
| 2002-12-31 | $-141.07K | -116.13% |
| 2001-12-31 | $874.61K | -39.42% |
| 2000-12-31 | $1.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DeFi Technologies 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 21068994700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $244.92 Million | 1057.91% |
| Total Equity | $23.15 Million | 100.00% |
DeFi Technologies Inc Competitors by Market Cap
The table below lists competitors of DeFi Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Invesco Mortgage Capital Inc
NYSE:IVR
|
$590.88 Million |
|
Chalet Hotels Limited
NSE:CHALET
|
$591.05 Million |
|
Holly Futures Co. Ltd. A
SHE:001236
|
$591.25 Million |
|
Kornit Digital Ltd
NASDAQ:KRNT
|
$591.34 Million |
|
Lunit Inc.
KQ:328130
|
$590.83 Million |
|
Sichuan Jiuyuan Yinhai Software Co Ltd
SHE:002777
|
$590.69 Million |
|
Shiny Chemical Industrial Co Ltd
TW:1773
|
$590.61 Million |
|
CTO Realty Growth Inc
NYSE:CTO
|
$590.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DeFi Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,448,934 to 23,151,427, a change of 4,702,493 (25.5%).
- Net loss of 39,041,502 reduced equity.
- Share repurchases of 4,379,964 reduced equity.
- Other factors increased equity by 48,123,959.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-39.04 Million | -168.64% |
| Share Repurchases | $4.38 Million | -18.92% |
| Other Changes | $48.12 Million | +207.87% |
| Total Change | $- | 25.49% |
Book Value vs Market Value Analysis
This analysis compares DeFi Technologies 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: 26.92x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.20x to 26.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $0.61 | $1.94 | x |
| 2001-12-31 | $0.34 | $1.94 | x |
| 2002-12-31 | $-0.05 | $1.94 | x |
| 2003-12-31 | $-0.01 | $1.94 | x |
| 2004-12-31 | $0.04 | $1.94 | x |
| 2005-12-31 | $0.49 | $1.94 | x |
| 2006-12-31 | $0.52 | $1.94 | x |
| 2007-12-31 | $0.40 | $1.94 | x |
| 2008-12-31 | $0.42 | $1.94 | x |
| 2009-12-31 | $0.24 | $1.94 | x |
| 2010-12-31 | $0.21 | $1.94 | x |
| 2011-12-31 | $0.20 | $1.94 | x |
| 2012-12-31 | $0.23 | $1.94 | x |
| 2013-12-31 | $0.16 | $1.94 | x |
| 2014-12-31 | $0.15 | $1.94 | x |
| 2015-12-31 | $0.21 | $1.94 | x |
| 2016-12-31 | $0.19 | $1.94 | x |
| 2017-12-31 | $0.42 | $1.94 | x |
| 2018-12-31 | $0.01 | $1.94 | x |
| 2019-12-31 | $-0.03 | $1.94 | x |
| 2020-12-31 | $0.13 | $1.94 | x |
| 2021-12-31 | $0.48 | $1.94 | x |
| 2022-12-31 | $0.21 | $1.94 | x |
| 2023-12-31 | $0.07 | $1.94 | x |
| 2024-12-31 | $0.07 | $1.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DeFi Technologies 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): -168.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -40.00%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 57.05x
- Recent ROE (-168.64%) is above the historical average (-176.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -94.59% | -415128.27% | 0.00x | 1.16x | $-1.51 Million |
| 2001 | -75.23% | -832865.82% | 0.00x | 1.13x | $-745.43K |
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.00 Million |
| 2003 | 0.00% | -1286891.67% | 0.02x | 0.00x | $-150.26K |
| 2004 | -199.34% | -35027.44% | 0.00x | 2.51x | $-380.72K |
| 2005 | -14.61% | 0.00% | 0.00x | 1.01x | $-1.40 Million |
| 2006 | -11.58% | 0.00% | 0.00x | 1.00x | $-2.07 Million |
| 2007 | -7.42% | 0.00% | 0.00x | 1.01x | $-1.84 Million |
| 2008 | -9.89% | 0.00% | 0.00x | 1.01x | $-1.94 Million |
| 2009 | -137.94% | 0.00% | 0.00x | 1.11x | $-10.99 Million |
| 2010 | -66.51% | 0.00% | 0.00x | 1.13x | $-8.50 Million |
| 2011 | -26.52% | 0.00% | 0.00x | 1.08x | $-6.81 Million |
| 2012 | -7.40% | 0.00% | 0.00x | 1.05x | $-3.72 Million |
| 2013 | -42.44% | 0.00% | 0.00x | 1.33x | $-8.00 Million |
| 2014 | 3.88% | 0.00% | 0.00x | 1.19x | $-1.06 Million |
| 2015 | -462.54% | 0.00% | 0.00x | 1.64x | $-15.01 Million |
| 2016 | -0.40% | 0.00% | -0.05x | 1.30x | $-337.58K |
| 2017 | 40.35% | 69.12% | 0.52x | 1.12x | $3.08 Million |
| 2018 | -2865.66% | 0.00% | -3.18x | 5.70x | $-9.83 Million |
| 2019 | 0.00% | 0.00% | -1.31x | 0.00x | $-1.39 Million |
| 2020 | 77.92% | 0.00% | -0.01x | 1.16x | $4.28 Million |
| 2021 | -77.76% | -473.21% | 0.03x | 5.01x | $-80.54 Million |
| 2022 | -144.91% | -3744.15% | 0.01x | 4.79x | $-67.90 Million |
| 2023 | -108.77% | -102.51% | 0.03x | 32.09x | $-21.91 Million |
| 2024 | -168.64% | -40.00% | 0.07x | 57.05x | $-41.36 Million |
Industry Comparison
This section compares DeFi Technologies Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DeFi Technologies Inc (DEFTF) | $79.71 Million | -94.59% | 12.05x | $590.86 Million |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |