The INX Digital Company Inc.
The INX Digital Company, Inc. operates trading platform for cryptocurrencies and digital securities. The company operates INX.One, a platform that serves as a single point of entry for primary issuance of regulated security tokens and secondary market trading of these tokens. It operates in Switzerland, the United States, the United Kingdom, Japan, Israel, and internationally. The INX Digital Com… Read more
The INX Digital Company Inc. (INXDF) - Net Assets
Latest net assets as of June 2025: $10.04 Million USD
Based on the latest financial reports, The INX Digital Company Inc. (INXDF) has net assets worth $10.04 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($58.75 Million) and total liabilities ($48.72 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 | $10.04 Million |
| % of Total Assets | 17.08% |
| Annual Growth Rate | 198.69% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1649.06 |
The INX Digital Company Inc. - Net Assets Trend (2020–2024)
This chart illustrates how The INX Digital Company 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 The INX Digital Company Inc. (2020–2024)
The table below shows the annual net assets of The INX Digital Company Inc. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $32.05 Million | +176.99% |
| 2023-12-31 | $11.57 Million | -30.11% |
| 2022-12-31 | $16.55 Million | +3854.30% |
| 2021-12-31 | $418.66K | +3.98% |
| 2020-12-31 | $402.65K | -- |
Equity Component Analysis
This analysis shows how different components contribute to The INX Digital Company 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 181700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $66.53 Million | 207.60% |
| Total Equity | $32.05 Million | 100.00% |
The INX Digital Company Inc. Competitors by Market Cap
The table below lists competitors of The INX Digital Company Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CryoCell International Inc
NYSE MKT:CCEL
|
$12.15 Million |
|
Medicus Pharma Ltd. Common Stock
OTCBB:MDCX
|
$12.15 Million |
|
Kronox Lab Sciences Ltd
NSE:KRONOX
|
$12.15 Million |
|
Electromagnetica SA
RO:ELMA
|
$12.15 Million |
|
Galena Mining Ltd
AU:G1A
|
$12.14 Million |
|
Traws Pharma Inc
NASDAQ:TRAW
|
$12.14 Million |
|
New Tech Minerals Corp
OTCQB:APCOF
|
$12.13 Million |
|
Can One Bhd
KLSE:5105
|
$12.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The INX Digital Company Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,570,000 to 32,048,000, a change of 20,478,000 (177.0%).
- Net income of 18,556,000 contributed positively to equity growth.
- Share repurchases of 12,000 reduced equity.
- Other factors increased equity by 1,934,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $18.56 Million | +57.9% |
| Share Repurchases | $12.00K | -0.04% |
| Other Changes | $1.93 Million | +6.03% |
| Total Change | $- | 176.99% |
Book Value vs Market Value Analysis
This analysis compares The INX Digital Company 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: 0.59x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.72x to 0.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.11 | $0.08 | x |
| 2021-12-31 | $0.12 | $0.08 | x |
| 2022-12-31 | $0.08 | $0.08 | x |
| 2023-12-31 | $0.05 | $0.08 | x |
| 2024-12-31 | $0.14 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The INX Digital Company 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): 57.90%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1435.11%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 2.10x
- Recent ROE (57.90%) is below the historical average (217.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -12.25% | 0.00% | 0.00x | 1.06x | $-89.59K |
| 2021 | -99.27% | -16.34% | 3.99x | 1.52x | $-457.47K |
| 2022 | 1256.88% | 1574.07% | 0.16x | 4.92x | $206.42 Million |
| 2023 | -114.21% | -103.33% | 0.17x | 6.47x | $-14.37 Million |
| 2024 | 57.90% | 1435.11% | 0.02x | 2.10x | $15.35 Million |
Industry Comparison
This section compares The INX Digital Company Inc.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $679,817,884
- Average return on equity (ROE) among peers: -17.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The INX Digital Company Inc. (INXDF) | $10.04 Million | -12.25% | 4.85x | $12.15 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $849.93K | -14.47% | 0.09x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $1.10 Billion | 24.20% | 0.41x | $103.05 Billion |
| Adcore Inc (ADCOF) | $1.19 Million | -17.83% | 0.01x | $3.03 Million |
| ADEIA CORP (ADEA) | $572.18 Million | 12.20% | 0.08x | $2.45 Billion |
| Automatic Data Processing Inc (ADP) | $5.32 Billion | 25.04% | 3.76x | $84.01 Billion |
| Autodesk Inc (ADSK) | $-256.00 Million | 0.00% | 0.00x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-2.61 Million | 0.00% | 0.00x | $0.96 |
| AudioEye Inc (AEYE) | $17.60 Million | -71.80% | 0.67x | $49.81 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.93 |