Cypherpunk Holdings Inc
Sol Strategies Inc. invests in cryptocurrencies and blockchain technologies. It engages in the treasury management through lending, staking, and liquidity provisioning; investment in early stage companies in the DeFi and blockchain sectors; and Bitcoin mining, stalking, and validating Solana. The company was formerly known as Cypherpunk Holdings Inc. and changed its name to Sol Strategies Inc. in… Read more
Cypherpunk Holdings Inc (CYFRF) - Net Assets
Latest net assets as of December 2024: $60.20 Million USD
Based on the latest financial reports, Cypherpunk Holdings Inc (CYFRF) has net assets worth $60.20 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($74.63 Million) and total liabilities ($14.43 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 | $60.20 Million |
| % of Total Assets | 80.66% |
| Annual Growth Rate | 5.29% |
| 5-Year Change | 300.68% |
| 10-Year Change | 1434.08% |
| Growth Volatility | 1031.67 |
Cypherpunk Holdings Inc - Net Assets Trend (2004–2024)
This chart illustrates how Cypherpunk Holdings 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 Cypherpunk Holdings Inc (2004–2024)
The table below shows the annual net assets of Cypherpunk Holdings Inc from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $26.72 Million | +58.81% |
| 2023-09-30 | $16.83 Million | -28.65% |
| 2022-09-30 | $23.58 Million | -15.29% |
| 2021-09-30 | $27.84 Million | +317.44% |
| 2020-09-30 | $6.67 Million | +22.75% |
| 2019-09-30 | $5.43 Million | -34.49% |
| 2018-09-30 | $8.29 Million | +16.66% |
| 2017-09-30 | $7.11 Million | -91.55% |
| 2016-09-30 | $84.15 Million | +4730.83% |
| 2015-09-30 | $1.74 Million | +40.26% |
| 2014-09-30 | $1.24 Million | -59.41% |
| 2013-09-30 | $3.06 Million | -54.25% |
| 2012-09-30 | $6.69 Million | -72.22% |
| 2011-09-30 | $24.08 Million | -21.40% |
| 2010-09-30 | $30.63 Million | -11.29% |
| 2009-09-30 | $34.53 Million | -8.29% |
| 2008-09-30 | $37.65 Million | -8.96% |
| 2007-09-30 | $41.36 Million | +79.65% |
| 2006-09-30 | $23.02 Million | +37.50% |
| 2005-09-30 | $16.74 Million | +75.68% |
| 2004-09-30 | $9.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cypherpunk Holdings 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 751408900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $37.09 Million | 138.81% |
| Total Equity | $26.72 Million | 100.00% |
Cypherpunk Holdings Inc Competitors by Market Cap
The table below lists competitors of Cypherpunk Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Sino-Agri United Biotechnology Co Ltd
SHE:003042
|
$158.97 Million |
|
Oriola-KD Oyj B
HE:OKDBV
|
$158.98 Million |
|
Rongfeng Holding Group
SHE:000668
|
$159.03 Million |
|
Dat Phuong JSC
VN:DPG
|
$159.08 Million |
|
Bafang Yunji Intl Co Ltd
TW:2753
|
$158.92 Million |
|
TASKUS INC. CL.A DL-01
F:6VY
|
$158.91 Million |
|
Wing Tai Properties Limited
F:USH
|
$158.88 Million |
|
Hangzhou Toka Ink Co. Ltd. A
SHG:688571
|
$158.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cypherpunk Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,827,769 to 26,723,624, a change of 9,895,855 (58.8%).
- Net income of 6,607,664 contributed positively to equity growth.
- Share repurchases of 938,924 reduced equity.
- Other comprehensive income decreased equity by 17,472,200.
- Other factors increased equity by 21,699,315.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.61 Million | +24.73% |
| Share Repurchases | $938.92K | -3.51% |
| Other Comprehensive Income | $-17.47 Million | -65.38% |
| Other Changes | $21.70 Million | +81.2% |
| Total Change | $- | 58.81% |
Book Value vs Market Value Analysis
This analysis compares Cypherpunk Holdings 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: 7.71x
- 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 2.80x to 7.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-09-30 | $0.50 | $1.41 | x |
| 2005-09-30 | $0.63 | $1.41 | x |
| 2006-09-30 | $0.64 | $1.41 | x |
| 2007-09-30 | $0.86 | $1.41 | x |
| 2008-09-30 | $0.70 | $1.41 | x |
| 2009-09-30 | $0.64 | $1.41 | x |
| 2010-09-30 | $0.57 | $1.41 | x |
| 2011-09-30 | $0.44 | $1.41 | x |
| 2012-09-30 | $0.11 | $1.41 | x |
| 2013-09-30 | $0.04 | $1.41 | x |
| 2014-09-30 | $0.02 | $1.41 | x |
| 2015-09-30 | $0.02 | $1.41 | x |
| 2016-09-30 | $0.99 | $1.41 | x |
| 2017-09-30 | $0.08 | $1.41 | x |
| 2018-09-30 | $0.09 | $1.41 | x |
| 2019-09-30 | $0.06 | $1.41 | x |
| 2020-09-30 | $0.07 | $1.41 | x |
| 2021-09-30 | $0.21 | $1.41 | x |
| 2022-09-30 | $0.15 | $1.41 | x |
| 2023-09-30 | $0.11 | $1.41 | x |
| 2024-09-30 | $0.18 | $1.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cypherpunk Holdings 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): 24.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 70.27%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.08x
- Recent ROE (24.73%) is above the historical average (-46.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -11.54% | -36635.53% | 0.00x | 1.56x | $-2.05 Million |
| 2005 | -26.70% | -8756.95% | 0.00x | 1.27x | $-6.14 Million |
| 2006 | -14.02% | -1856.33% | 0.01x | 1.15x | $-5.53 Million |
| 2007 | -32.41% | -1292.87% | 0.02x | 1.03x | $-17.54 Million |
| 2008 | -22.28% | -1098.18% | 0.02x | 1.02x | $-12.15 Million |
| 2009 | -11.85% | -2251.18% | 0.01x | 1.01x | $-7.54 Million |
| 2010 | -13.91% | -7245.69% | 0.00x | 1.01x | $-7.32 Million |
| 2011 | -16.19% | -1055.34% | 0.01x | 1.03x | $-6.31 Million |
| 2012 | -323.26% | -23003.19% | 0.01x | 1.05x | $-22.29 Million |
| 2013 | -172.52% | -21116.00% | 0.01x | 1.15x | $-5.58 Million |
| 2014 | -195.57% | -34700.00% | 0.00x | 1.13x | $-2.55 Million |
| 2015 | -153.04% | -66650.00% | 0.00x | 1.15x | $-2.84 Million |
| 2016 | 95.88% | 108319.91% | 0.00x | 1.02x | $72.27 Million |
| 2017 | -20.60% | -1131.84% | 0.02x | 1.01x | $-2.18 Million |
| 2018 | 9.55% | 56.95% | 0.17x | 1.02x | $-36.98K |
| 2019 | -53.62% | -1616.72% | 0.03x | 1.02x | $-3.46 Million |
| 2020 | 5.68% | 49.26% | 0.11x | 1.03x | $-287.93K |
| 2021 | -4.22% | -752.81% | 0.00x | 1.12x | $-3.96 Million |
| 2022 | 1.52% | 8.04% | 0.19x | 1.01x | $-2.00 Million |
| 2023 | -37.33% | 0.00% | -0.30x | 1.01x | $-7.97 Million |
| 2024 | 24.73% | 70.27% | 0.33x | 1.08x | $3.94 Million |
Industry Comparison
This section compares Cypherpunk Holdings 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 |
|---|---|---|---|---|
| Cypherpunk Holdings Inc (CYFRF) | $60.20 Million | -11.54% | 0.24x | $158.92 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 |