Netlist Inc
Netlist, Inc. designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and internationally. The company portfolio of proprietary technologies and design techniques, includes planar design, alternative packaging techniques, and custom semiconductor logic to deliver memory subsystems; and sells specialty memory … Read more
Netlist Inc (NLST) - Net Assets
Latest net assets as of September 2025: $-13.29 Million USD
Based on the latest financial reports, Netlist Inc (NLST) has net assets worth $-13.29 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 ($56.34 Million) and total liabilities ($69.64 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 | $-13.29 Million |
| % of Total Assets | -23.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 440.06 |
Netlist Inc - Net Assets Trend (2004–2024)
This chart illustrates how Netlist 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 Netlist Inc (2004–2024)
The table below shows the annual net assets of Netlist Inc from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-6.05 Million | -125.46% |
| 2023-12-31 | $23.76 Million | -12.77% |
| 2022-12-31 | $27.24 Million | -49.60% |
| 2021-12-31 | $54.04 Million | +2162.67% |
| 2020-12-31 | $-2.62 Million | +68.67% |
| 2019-12-31 | $-8.36 Million | -47.44% |
| 2018-12-31 | $-5.67 Million | -6.50% |
| 2017-12-31 | $-5.33 Million | -906.81% |
| 2016-12-31 | $-529.00K | +60.34% |
| 2015-12-31 | $-1.33 Million | -128.27% |
| 2014-12-31 | $4.72 Million | -32.71% |
| 2013-12-31 | $7.01 Million | -48.86% |
| 2012-12-31 | $13.71 Million | -31.23% |
| 2011-12-31 | $19.94 Million | -8.73% |
| 2010-12-31 | $21.85 Million | +13.38% |
| 2009-12-31 | $19.27 Million | -36.27% |
| 2008-12-31 | $30.23 Million | -31.59% |
| 2007-12-31 | $44.19 Million | -12.04% |
| 2006-12-31 | $50.24 Million | +1659.86% |
| 2005-12-31 | $2.85 Million | -45.73% |
| 2004-12-31 | $5.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Netlist 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 33768800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $331.64 Million | % |
| Total Equity | $-6.05 Million | 100.00% |
Netlist Inc Competitors by Market Cap
The table below lists competitors of Netlist Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Polaris Group
TW:6550
|
$258.65 Million |
|
Nanjing Julong Science & Technology Co Ltd Class A
SHE:300644
|
$258.68 Million |
|
Shanghai Hollywave Electronic System Co. Ltd. A
SHG:688682
|
$258.74 Million |
|
Shenzhen KTC Technology Co. Ltd.
SHE:001308
|
$258.75 Million |
|
Bank of Kaohsiung Ltd
TW:2836
|
$258.57 Million |
|
Fulcrum Therapeutics Inc
NASDAQ:FULC
|
$258.51 Million |
|
Hangzhou Shenhao Technology Co Ltd
SHE:300853
|
$258.50 Million |
|
Taiwan Fire & Marine Insurance Co Ltd
TW:2832
|
$258.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Netlist Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,759,000 to -6,048,000, a change of -29,807,000 (-125.5%).
- Net loss of 53,865,000 reduced equity.
- New share issuances of 19,456,000 increased equity.
- Other factors increased equity by 4,602,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-53.87 Million | -890.62% |
| Share Issuances | $19.46 Million | +321.69% |
| Other Changes | $4.60 Million | +76.09% |
| Total Change | $- | -125.46% |
Book Value vs Market Value Analysis
This analysis compares Netlist 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $0.48 | $0.87 | x |
| 2005-12-31 | $0.26 | $0.87 | x |
| 2006-12-31 | $3.35 | $0.87 | x |
| 2007-12-31 | $2.21 | $0.87 | x |
| 2008-12-31 | $1.51 | $0.87 | x |
| 2009-12-31 | $0.96 | $0.87 | x |
| 2010-12-31 | $0.91 | $0.87 | x |
| 2011-12-31 | $0.80 | $0.87 | x |
| 2012-12-31 | $0.49 | $0.87 | x |
| 2013-12-31 | $0.22 | $0.87 | x |
| 2014-12-31 | $0.11 | $0.87 | x |
| 2015-12-31 | $-0.03 | $0.87 | x |
| 2016-12-31 | $-0.01 | $0.87 | x |
| 2017-12-31 | $-0.07 | $0.87 | x |
| 2018-12-31 | $-0.04 | $0.87 | x |
| 2019-12-31 | $-0.05 | $0.87 | x |
| 2020-12-31 | $-0.01 | $0.87 | x |
| 2021-12-31 | $0.23 | $0.87 | x |
| 2022-12-31 | $0.12 | $0.87 | x |
| 2023-12-31 | $0.09 | $0.87 | x |
| 2024-12-31 | $-0.02 | $0.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Netlist 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -36.62%
- • Asset Turnover: 3.52x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-64.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 10.09% | 3.35% | 1.73x | 1.75x | $43.60K |
| 2011 | -28.08% | -9.22% | 1.89x | 1.61x | $-7.59 Million |
| 2012 | -101.96% | -37.92% | 1.65x | 1.63x | $-15.35 Million |
| 2013 | -153.51% | -46.71% | 1.30x | 2.52x | $-11.47 Million |
| 2014 | -325.94% | -80.13% | 1.18x | 3.44x | $-15.85 Million |
| 2015 | 0.00% | -256.20% | 0.32x | 0.00x | $-20.39 Million |
| 2016 | 0.00% | -57.14% | 0.98x | 0.00x | $-11.18 Million |
| 2017 | 0.00% | -35.02% | 2.04x | 0.00x | $-12.89 Million |
| 2018 | 0.00% | -51.06% | 1.35x | 0.00x | $-16.55 Million |
| 2019 | 0.00% | -47.70% | 1.18x | 0.00x | $-11.62 Million |
| 2020 | 0.00% | -15.39% | 1.87x | 0.00x | $-7.01 Million |
| 2021 | 8.94% | 3.39% | 1.56x | 1.69x | $-573.20K |
| 2022 | -122.52% | -20.65% | 2.40x | 2.47x | $-36.09 Million |
| 2023 | -254.21% | -87.27% | 0.95x | 3.06x | $-62.77 Million |
| 2024 | 0.00% | -36.62% | 3.52x | 0.00x | $-53.26 Million |
Industry Comparison
This section compares Netlist Inc's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $10,793,512,986
- Average return on equity (ROE) among peers: -0.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Netlist Inc (NLST) | $-13.29 Million | 10.09% | N/A | $258.58 Million |
| ADDvantage Technologies Group Inc (AEYGQ) | $14.93 Million | -116.07% | 1.18x | $148.54 |
| Arrow Electronics Inc (ARW) | $4.47 Billion | 11.71% | 2.18x | $6.72 Billion |
| Avnet Inc (AVT) | $3.73 Billion | -0.83% | 1.19x | $4.87 Billion |
| Climb Global Solutions (CLMB) | $4.60 Million | 23.91% | 4.37x | $297.34 Million |
| PC Connection Inc (CNXN) | $94.20 Million | 24.10% | 1.37x | $629.13 Million |
| Eaco Corp (EACO) | $2.00 Million | 15.00% | 1.45x | $6.60 Million |
| Foxconn Technology Co. Ltd. (FXCOF) | $99.59 Billion | 9.18% | 0.57x | $1.62 Billion |
| ICZOOM Group Inc. Class A Ordinary Shares (IZM) | $3.17 Million | 18.65% | 18.01x | $4.17 Million |
| Jaco Electronics Inc (JACO) | $34.30 Million | 11.08% | 0.78x | $0.91 |
| Klegg Electronics Inc (KLGG) | $-28.46K | 0.00% | 0.00x | $0.94 |