Elah Holdings Inc
Elah Holdings, Inc. does not have significant operations. It focuses on acquiring profitable businesses in the commercial and industrial markets. The company was formerly known as Real Industry, Inc. and changed its name to Elah Holdings, Inc. in May 2018. Elah Holdings, Inc. was incorporated in 1972 and is based in Dallas, Texas.
Elah Holdings Inc (ELLH) - Net Assets
Latest net assets as of September 2025: $5.40 Million USD
Based on the latest financial reports, Elah Holdings Inc (ELLH) has net assets worth $5.40 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 ($5.88 Million) and total liabilities ($481.00K). 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 | $5.40 Million |
| % of Total Assets | 91.83% |
| Annual Growth Rate | -8.55% |
| 5-Year Change | -54.39% |
| 10-Year Change | -94.95% |
| Growth Volatility | 133.59 |
Elah Holdings Inc - Net Assets Trend (1989–2024)
This chart illustrates how Elah 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 Elah Holdings Inc (1989–2024)
The table below shows the annual net assets of Elah Holdings Inc from 1989 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.23 Million | -22.26% |
| 2023-12-31 | $9.30 Million | -20.66% |
| 2022-12-31 | $11.72 Million | -16.71% |
| 2021-12-31 | $14.07 Million | -11.22% |
| 2020-12-31 | $15.85 Million | -8.91% |
| 2019-12-31 | $17.40 Million | -0.57% |
| 2018-12-31 | $17.50 Million | +121.63% |
| 2017-12-31 | $-80.90 Million | -334.49% |
| 2016-12-31 | $34.50 Million | -75.91% |
| 2015-12-31 | $143.20 Million | +67.25% |
| 2014-12-31 | $85.62 Million | +71.52% |
| 2013-12-31 | $49.92 Million | -14.27% |
| 2012-12-31 | $58.23 Million | -8.79% |
| 2011-12-31 | $63.84 Million | -13.41% |
| 2010-12-31 | $73.72 Million | -19.12% |
| 2009-12-31 | $91.15 Million | -20.66% |
| 2008-12-31 | $114.88 Million | -18.72% |
| 2007-12-31 | $141.34 Million | -87.31% |
| 2006-12-31 | $1.11 Billion | -17.90% |
| 2005-12-31 | $1.36 Billion | +33.85% |
| 2004-12-31 | $1.01 Billion | +52.49% |
| 2003-12-31 | $664.73 Million | +66.59% |
| 2002-12-31 | $399.02 Million | +11.53% |
| 2001-12-31 | $357.77 Million | -95.41% |
| 2000-12-31 | $7.79 Billion | +641.00% |
| 1998-12-31 | $1.05 Billion | +59.44% |
| 1996-12-31 | $659.10 Million | +32.32% |
| 1995-12-31 | $498.10 Million | +41.91% |
| 1994-12-31 | $351.00 Million | -4.98% |
| 1993-12-31 | $369.40 Million | +31.51% |
| 1992-12-31 | $280.90 Million | +33.70% |
| 1991-12-31 | $210.10 Million | +12.11% |
| 1990-12-31 | $187.40 Million | +13.71% |
| 1989-12-31 | $164.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elah 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 121.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00K | 0.01% |
| Other Components | $36.98 Million | 511.52% |
| Total Equity | $7.23 Million | 100.00% |
Elah Holdings Inc Competitors by Market Cap
The table below lists competitors of Elah Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Komputronik S.A.
WAR:KOM
|
$8.09 Million |
|
Gihon Telekomunikasi Indonesia Tbk PT
JK:GHON
|
$8.10 Million |
|
TEKMAR GROUP PLC LS-01
F:6UA
|
$8.10 Million |
|
Cambium Bio Ltd
AU:CMB
|
$8.11 Million |
|
ABCO Electronics Co. Ltd
KQ:036010
|
$8.09 Million |
|
Everest Metals Corporation Ltd
AU:EMC
|
$8.09 Million |
|
Seafresh Industry Public Company Limited
BK:CFRESH
|
$8.09 Million |
|
Cardiff Lexington Corp
PINK:CDIX
|
$8.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elah Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,299,000 to 7,229,000, a change of -2,070,000 (-22.3%).
- Net loss of 2,070,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.07 Million | -28.63% |
| Total Change | $- | -22.26% |
Book Value vs Market Value Analysis
This analysis compares Elah 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: 1.92x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.02x to 1.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $880.18 | $18.75 | x |
| 1990-12-31 | $909.03 | $18.75 | x |
| 1991-12-31 | $1026.86 | $18.75 | x |
| 1992-12-31 | $1299.21 | $18.75 | x |
| 1993-12-31 | $1574.49 | $18.75 | x |
| 1994-12-31 | $1258.06 | $18.75 | x |
| 1995-12-31 | $1616.55 | $18.75 | x |
| 1996-12-31 | $1758.85 | $18.75 | x |
| 1997-12-31 | $2794.81 | $18.75 | x |
| 1998-12-31 | $2716.86 | $18.75 | x |
| 1999-12-31 | $2126.74 | $18.75 | x |
| 2000-12-31 | $776.81 | $18.75 | x |
| 2001-12-31 | $1016.57 | $18.75 | x |
| 2002-12-31 | $1091.74 | $18.75 | x |
| 2003-12-31 | $1867.65 | $18.75 | x |
| 2004-12-31 | $2750.77 | $18.75 | x |
| 2005-12-31 | $3615.96 | $18.75 | x |
| 2006-12-31 | $2996.17 | $18.75 | x |
| 2007-12-31 | $358.84 | $18.75 | x |
| 2008-12-31 | $294.65 | $18.75 | x |
| 2009-12-31 | $232.86 | $18.75 | x |
| 2010-12-31 | $302.55 | $18.75 | x |
| 2011-12-31 | $261.99 | $18.75 | x |
| 2012-12-31 | $238.96 | $18.75 | x |
| 2013-12-31 | $777.78 | $18.75 | x |
| 2014-12-31 | $1278.95 | $18.75 | x |
| 2015-12-31 | $991.41 | $18.75 | x |
| 2016-12-31 | $232.60 | $18.75 | x |
| 2017-12-31 | $-559.92 | $18.75 | x |
| 2018-12-31 | $23.68 | $18.75 | x |
| 2019-12-31 | $23.54 | $18.75 | x |
| 2020-12-31 | $21.45 | $18.75 | x |
| 2021-12-31 | $19.04 | $18.75 | x |
| 2022-12-31 | $15.86 | $18.75 | x |
| 2023-12-31 | $12.58 | $18.75 | x |
| 2024-12-31 | $9.78 | $18.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elah 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): -28.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18818.18%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (-28.63%) is below the historical average (-22.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 10.68% | 4.02% | 0.29x | 9.04x | $1.12 Million |
| 1990 | 14.30% | 4.98% | 0.27x | 10.58x | $8.06 Million |
| 1991 | 14.80% | 5.73% | 0.28x | 9.35x | $10.09 Million |
| 1992 | 28.02% | 14.18% | 0.27x | 7.40x | $50.61 Million |
| 1993 | 11.56% | 7.03% | 0.23x | 7.04x | $5.76 Million |
| 1994 | 15.90% | 9.40% | 0.19x | 8.74x | $20.70 Million |
| 1995 | 13.65% | 8.26% | 0.18x | 8.99x | $18.19 Million |
| 1996 | 15.61% | 12.82% | 0.16x | 7.70x | $31.39 Million |
| 1997 | 11.61% | 13.02% | 0.14x | 6.53x | $15.02 Million |
| 1998 | 13.99% | 15.17% | 0.12x | 7.75x | $37.91 Million |
| 1999 | -8.95% | -5.65% | 0.14x | 10.96x | $-138.51 Million |
| 2000 | -206.74% | -38.53% | 0.16x | 33.34x | $-530.80 Million |
| 2001 | 16.92% | 26.00% | 0.03x | 22.39x | $24.76 Million |
| 2002 | 6.59% | 6.48% | 0.06x | 16.71x | $-13.59 Million |
| 2003 | 38.55% | 35.52% | 0.08x | 14.32x | $189.79 Million |
| 2004 | 34.90% | 37.16% | 0.09x | 9.97x | $252.39 Million |
| 2005 | 24.17% | 35.94% | 0.08x | 8.46x | $192.27 Million |
| 2006 | -18.16% | -121.54% | 0.01x | 11.57x | $-313.65 Million |
| 2007 | -710.42% | -36340.32% | 0.00x | 54.15x | $-1.02 Billion |
| 2008 | -27.45% | 0.00% | -0.02x | 4.42x | $-43.03 Million |
| 2009 | -26.29% | 0.00% | 0.00x | 5.24x | $-33.08 Million |
| 2010 | -53.56% | 0.00% | -0.03x | 1.84x | $-46.86 Million |
| 2011 | -20.01% | -55.88% | 0.16x | 2.24x | $-19.16 Million |
| 2012 | -12.83% | -19.07% | 0.31x | 2.16x | $-13.29 Million |
| 2013 | -20.03% | -30.59% | 0.36x | 1.81x | $-14.99 Million |
| 2014 | 6.42% | 12.28% | 0.37x | 1.42x | $-3.07 Million |
| 2015 | -4.85% | -0.60% | 1.63x | 4.93x | $-21.14 Million |
| 2016 | -308.08% | -7.98% | 2.00x | 19.33x | $-106.24 Million |
| 2017 | 0.00% | -9.30% | 2.21x | 0.00x | $-113.59 Million |
| 2018 | 420.57% | 73600.00% | 0.01x | 1.05x | $71.85 Million |
| 2019 | -1.15% | -200.00% | 0.01x | 1.04x | $-1.94 Million |
| 2020 | -9.86% | -873.18% | 0.01x | 1.03x | $-3.15 Million |
| 2021 | -13.26% | -6220.00% | 0.00x | 1.03x | $-3.27 Million |
| 2022 | -20.08% | -11204.76% | 0.00x | 1.05x | $-3.53 Million |
| 2023 | -26.05% | -15137.50% | 0.00x | 1.07x | $-3.35 Million |
| 2024 | -28.63% | -18818.18% | 0.00x | 1.08x | $-2.79 Million |
Industry Comparison
This section compares Elah Holdings Inc's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elah Holdings Inc (ELLH) | $5.40 Million | 10.68% | 0.09x | $8.09 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |