MDA Ltd
MDA Space Ltd. provides space technology solutions and in Canada, the United States, Europe, Asia, the Middle East, and internationally. The company offers geointelligence solutions that use satellite-generated imagery and data to deliver critical insights in the areas of national security, climate change monitoring, and maritime surveillance; owns and operates commercial data distribution for it… Read more
MDA Ltd (MDALF) - Net Assets
Latest net assets as of September 2025: $1.33 Billion USD
Based on the latest financial reports, MDA Ltd (MDALF) has net assets worth $1.33 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.48 Billion) and total liabilities ($2.15 Billion). 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 | $1.33 Billion |
| % of Total Assets | 38.19% |
| Annual Growth Rate | 26.63% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 44.78 |
MDA Ltd - Net Assets Trend (2020–2024)
This chart illustrates how MDA Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MDA Ltd (2020–2024)
The table below shows the annual net assets of MDA Ltd from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.18 Billion | +10.45% |
| 2023-12-31 | $1.06 Billion | +6.41% |
| 2022-12-31 | $1.00 Billion | +4.04% |
| 2021-12-31 | $961.70 Million | +110.25% |
| 2020-12-31 | $457.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MDA Ltd'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 15600000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $138.70 Million | 11.79% |
| Common Stock | $975.80 Million | 82.98% |
| Other Comprehensive Income | $23.50 Million | 2.00% |
| Other Components | $38.00 Million | 3.23% |
| Total Equity | $1.18 Billion | 100.00% |
MDA Ltd Competitors by Market Cap
The table below lists competitors of MDA Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eagers Automotive Ltd
AU:APE
|
$1.91 Billion |
|
Star Bulk Carriers Corp
NASDAQ:SBLK
|
$1.91 Billion |
|
Enerpac Tool Group Corp
NYSE:EPAC
|
$1.91 Billion |
|
Promotora y Operadora de Infraestructura S. A. B. de C. V
PINK:PYOIF
|
$1.91 Billion |
|
Neogen Corporation
NASDAQ:NEOG
|
$1.90 Billion |
|
Topaz Energy Corp
PINK:TPZEF
|
$1.90 Billion |
|
LIQUIDIA CORP. DL-001
F:LT4
|
$1.90 Billion |
|
Shenyang Fortune Precision Equipment Co. Ltd. A
SHG:688409
|
$1.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MDA Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,064,700,000 to 1,176,000,000, a change of 111,300,000 (10.5%).
- Net income of 79,400,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 4,900,000.
- Other factors increased equity by 27,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $79.40 Million | +6.75% |
| Other Comprehensive Income | $4.90 Million | +0.42% |
| Other Changes | $27.00 Million | +2.3% |
| Total Change | $- | 10.45% |
Book Value vs Market Value Analysis
This analysis compares MDA Ltd'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: 1.77x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.34x to 1.77x 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 | $3.88 | $16.87 | x |
| 2021-12-31 | $8.10 | $16.87 | x |
| 2022-12-31 | $8.17 | $16.87 | x |
| 2023-12-31 | $8.79 | $16.87 | x |
| 2024-12-31 | $9.52 | $16.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MDA Ltd 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): 6.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.35%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 2.21x
- Recent ROE (6.75%) is above the historical average (2.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -3.78% | -5.85% | 0.20x | 3.18x | $-63.04 Million |
| 2021 | 0.30% | 0.61% | 0.31x | 1.60x | $-93.27 Million |
| 2022 | 2.63% | 4.10% | 0.37x | 1.75x | $-73.76 Million |
| 2023 | 4.58% | 6.04% | 0.37x | 2.03x | $-57.67 Million |
| 2024 | 6.75% | 7.35% | 0.42x | 2.21x | $-38.20 Million |
Industry Comparison
This section compares MDA Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $301,480,945
- Average return on equity (ROE) among peers: 29.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MDA Ltd (MDALF) | $1.33 Billion | -3.78% | 1.62x | $1.91 Billion |
| Alabama Aircraft Industries Inc (AAIIQ) | $3.00 Million | 70.00% | 22.83x | $0.97 |
| AAC Clyde Space AB (ACCMF) | $662.75 Million | -6.24% | 0.42x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $698.90 Million | -49.76% | 0.10x | $3.44 Billion |
| American Defense Systems Inc (ADFS) | $9.01 Million | 34.56% | 0.45x | $4.85K |
| AAR Corp (AIR) | $866.00 Million | 7.82% | 1.54x | $4.16 Billion |
| Air Industries Group (AIRI) | $21.61 Million | 17.30% | 1.32x | $12.09 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $168.72 Million |
| Philly Shipyard ASA (AKRRF) | $155.58 Million | 43.21% | 0.63x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $6.88 | 150.58% | 2.47x | $2.48 Million |
| Astronics Corporation (ATRO) | $49.23 Million | 31.26% | 1.11x | $2.35 Billion |