Enterprise Diversified Inc
CrossingBridge Advisors, LLC is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a an investment adviser to an investment company which provides portfolio management for investment companies. The firm launches and manages fixed income. The firm manages equity. The firm conducts external research to make its investment. The fim was former… Read more
Enterprise Diversified Inc (ENDI) - Net Assets
Latest net assets as of March 2025: $21.35 Million USD
Based on the latest financial reports, Enterprise Diversified Inc (ENDI) has net assets worth $21.35 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 ($40.73 Million) and total liabilities ($19.37 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 | $21.35 Million |
| % of Total Assets | 52.43% |
| Annual Growth Rate | 525.67% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1665.08 |
Enterprise Diversified Inc - Net Assets Trend (2021–2023)
This chart illustrates how Enterprise Diversified 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 Enterprise Diversified Inc (2021–2023)
The table below shows the annual net assets of Enterprise Diversified Inc from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $23.11 Million | +13.40% |
| 2022-12-31 | $20.38 Million | +3343.55% |
| 2021-12-31 | $591.91K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Enterprise Diversified 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 grown by 355.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.69 Million | 11.66% |
| Other Components | $20.42 Million | 88.34% |
| Total Equity | $23.11 Million | 100.00% |
Enterprise Diversified Inc Competitors by Market Cap
The table below lists competitors of Enterprise Diversified Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PGG Wrightson Limited
PINK:PGWFF
|
$31.40 Million |
|
RenovoRx Inc
NASDAQ:RNXT
|
$31.42 Million |
|
Zedge Inc
NYSE MKT:ZDGE
|
$31.42 Million |
|
Volt Lithium Corp.
OTCQB:VLTLF
|
$31.43 Million |
|
Hipages Group Holdings Ltd
AU:HPG
|
$31.40 Million |
|
Denge Yatirim Holding AS
IS:DENGE
|
$31.39 Million |
|
396470
KQ:396470
|
$31.38 Million |
|
Quadpack Industries SA
PA:ALQP
|
$31.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enterprise Diversified Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 20,382,693 to 23,113,090, a change of 2,730,397 (13.4%).
- Net income of 2,529,551 contributed positively to equity growth.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.53 Million | +10.94% |
| Other Changes | $200.85K | +0.87% |
| Total Change | $- | 13.40% |
Book Value vs Market Value Analysis
This analysis compares Enterprise Diversified 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: 2.94x
- 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 114.68x to 2.94x 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 | $0.11 | $12.45 | x |
| 2022-12-31 | $3.74 | $12.45 | x |
| 2023-12-31 | $4.24 | $12.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enterprise Diversified 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): 10.94%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.38%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.10x
- Recent ROE (10.94%) is below the historical average (92.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 255.12% | 35.22% | 1.06x | 6.85x | $1.45 Million |
| 2022 | 11.69% | 31.19% | 0.36x | 1.05x | $344.32K |
| 2023 | 10.94% | 26.38% | 0.38x | 1.10x | $218.24K |
Industry Comparison
This section compares Enterprise Diversified Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enterprise Diversified Inc (ENDI) | $21.35 Million | 255.12% | 0.91x | $31.40 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |