Standard Premium Finance Holdings Inc.
Standard Premium Finance Holdings, Inc. operates as an insurance premium financing company in the United States. The company offers collateralized loans to small- and medium-sized businesses and individuals to finance the insurance premiums they pay on their commercial property and casualty insurance policies. Standard Premium Finance Holdings, Inc. was founded in 1991 and is based in Miami, Flor… Read more
Standard Premium Finance Holdings Inc. (SPFX) - Net Assets
Latest net assets as of September 2025: $8.14 Million USD
Based on the latest financial reports, Standard Premium Finance Holdings Inc. (SPFX) has net assets worth $8.14 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 ($75.57 Million) and total liabilities ($67.43 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 | $8.14 Million |
| % of Total Assets | 10.78% |
| Annual Growth Rate | 19.0% |
| 5-Year Change | 99.57% |
| 10-Year Change | N/A |
| Growth Volatility | 7.96 |
Standard Premium Finance Holdings Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Standard Premium Finance 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 Standard Premium Finance Holdings Inc. (2019–2024)
The table below shows the annual net assets of Standard Premium Finance Holdings Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.35 Million | +14.93% |
| 2023-12-31 | $6.40 Million | +7.47% |
| 2022-12-31 | $5.95 Million | +31.26% |
| 2021-12-31 | $4.53 Million | +23.10% |
| 2020-12-31 | $3.68 Million | +19.63% |
| 2019-12-31 | $3.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Standard Premium Finance 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 grown by 853.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.85 Million | 52.31% |
| Other Components | $3.51 Million | 47.69% |
| Total Equity | $7.35 Million | 100.00% |
Standard Premium Finance Holdings Inc. Competitors by Market Cap
The table below lists competitors of Standard Premium Finance Holdings Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ONYX
AT:ONYX
|
$15.97K |
|
Mirae Asset Maps Reit 1 Co Ltd
KO:357250
|
$15.98K |
|
Affordable Robotic & Automation Limited
NSE:AFFORDABLE
|
$15.98K |
|
Wilk Technologies Ltd
TA:WILK
|
$15.99K |
|
Bank of the Philippine Islands
PSE:BPI
|
$15.96K |
|
BOTSWANA INSURANCE HOLDINGS LIMITED
XBOT:BIHL-EQO
|
$15.95K |
|
TF519
SA:TF519
|
$15.93K |
|
S S Oil Mills Ltd
KAR:SSOM
|
$15.92K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Standard Premium Finance Holdings Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,396,844 to 7,351,697, a change of 954,853 (14.9%).
- Net income of 979,993 contributed positively to equity growth.
- Dividend payments of 116,200 reduced retained earnings.
- Other factors increased equity by 91,060.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $979.99K | +13.33% |
| Dividends Paid | $116.20K | -1.58% |
| Other Changes | $91.06K | +1.24% |
| Total Change | $- | 14.93% |
Book Value vs Market Value Analysis
This analysis compares Standard Premium Finance 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: 0.67x
- 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 1.56x to 0.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $1.06 | $1.65 | x |
| 2020-12-31 | $1.27 | $1.65 | x |
| 2021-12-31 | $1.56 | $1.65 | x |
| 2022-12-31 | $2.05 | $1.65 | x |
| 2023-12-31 | $2.20 | $1.65 | x |
| 2024-12-31 | $2.45 | $1.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Standard Premium Finance 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): 13.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.32%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 8.96x
- Recent ROE (13.33%) is below the historical average (14.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 16.03% | 17.21% | 0.07x | 13.07x | $185.76K |
| 2020 | 18.66% | 21.41% | 0.08x | 11.08x | $319.02K |
| 2021 | 19.32% | 21.23% | 0.09x | 10.70x | $422.85K |
| 2022 | 13.54% | 20.30% | 0.08x | 8.65x | $210.89K |
| 2023 | 8.32% | 13.37% | 0.06x | 9.75x | $-107.28K |
| 2024 | 13.33% | 18.32% | 0.08x | 8.96x | $244.82K |
Industry Comparison
This section compares Standard Premium Finance Holdings Inc.'s net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $42,167,772,618
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Standard Premium Finance Holdings Inc. (SPFX) | $8.14 Million | 16.03% | 8.28x | $15.97K |
| Accord Financial Corp (ACCFF) | $103.96 Million | 11.43% | 4.00x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $13.28 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $47.20 Million | 1.69% | 11.77x | $1.51 Billion |
| Aiful Corp (AIFLF) | $97.47 Billion | -37.44% | 4.75x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $40.53 Million | 17.61% | 0.35x | $2.83 Million |
| Ally Financial Inc (ALLY) | $13.49 Billion | 6.88% | 11.39x | $10.34 Billion |
| Alpha Investment Inc (ALPC) | $-38.66K | 0.00% | 0.00x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $14.83 Million |