Nexxen International Ltd
Nexxen International Ltd. provides end-to-end software platform that enables advertisers to reach publishers Israel. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats. Its sell supply side platform (SSP) provides access to data and a compre… Read more
Nexxen International Ltd (NEXN) - Net Assets
Latest net assets as of June 2024: $522.63 Million USD
Based on the latest financial reports, Nexxen International Ltd (NEXN) has net assets worth $522.63 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($792.82 Million) and total liabilities ($270.19 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 | $522.63 Million |
| % of Total Assets | 65.92% |
| Annual Growth Rate | 15.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 31.79 |
Nexxen International Ltd - Net Assets Trend (2019–2023)
This chart illustrates how Nexxen International 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 Nexxen International Ltd (2019–2023)
The table below shows the annual net assets of Nexxen International Ltd from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $543.55 Million | -1.46% |
| 2022-12-31 | $551.62 Million | -3.63% |
| 2021-12-31 | $572.38 Million | +73.97% |
| 2020-12-31 | $329.01 Million | +9.45% |
| 2019-12-31 | $300.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nexxen International 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 129.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $135.01 Million | 24.84% |
| Common Stock | $417.00K | 0.08% |
| Other Comprehensive Income | $-2.44 Million | -0.45% |
| Other Components | $410.56 Million | 75.53% |
| Total Equity | $543.55 Million | 100.00% |
Nexxen International Ltd Competitors by Market Cap
The table below lists competitors of Nexxen International Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elecnor, S.A.
PINK:ELNRF
|
$663.47 Million |
|
BJs Restaurants Inc
NASDAQ:BJRI
|
$663.68 Million |
|
Dicker Data Ltd
AU:DDR
|
$663.77 Million |
|
Guizhou Zhenhua E chem Inc
SHG:688707
|
$663.90 Million |
|
Tokyu Construction Co. Ltd
F:TCW
|
$663.17 Million |
|
C&C Group plc
PINK:CCGPY
|
$663.00 Million |
|
Hongrun Construction Group Co Ltd
SHE:002062
|
$662.62 Million |
|
Hunan Keli Motor Co Ltd
SHE:002892
|
$662.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nexxen International Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 551,615,000 to 543,548,000, a change of -8,067,000 (-1.5%).
- Net loss of 21,487,000 reduced equity.
- Share repurchases of 9,518,000 reduced equity.
- New share issuances of 233,000 increased equity.
- Other comprehensive income increased equity by 3,360,000.
- Other factors increased equity by 19,345,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-21.49 Million | -3.95% |
| Share Repurchases | $9.52 Million | -1.75% |
| Share Issuances | $233.00K | +0.04% |
| Other Comprehensive Income | $3.36 Million | +0.62% |
| Other Changes | $19.34 Million | +3.56% |
| Total Change | $- | -1.46% |
Book Value vs Market Value Analysis
This analysis compares Nexxen International 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: 1.01x
- 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 1.46x to 1.01x 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 | $5.24 | $7.63 | x |
| 2020-12-31 | $4.74 | $7.63 | x |
| 2021-12-31 | $7.50 | $7.63 | x |
| 2022-12-31 | $7.21 | $7.63 | x |
| 2023-12-31 | $7.57 | $7.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nexxen International 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): -3.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.47%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.66x
- Recent ROE (-3.95%) is below the historical average (3.14%), 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 | 2.07% | 1.91% | 0.74x | 1.47x | $-23.84 Million |
| 2020 | 0.65% | 1.01% | 0.40x | 1.63x | $-30.76 Million |
| 2021 | 12.79% | 21.41% | 0.43x | 1.40x | $15.99 Million |
| 2022 | 4.12% | 6.78% | 0.35x | 1.73x | $-32.42 Million |
| 2023 | -3.95% | -6.47% | 0.37x | 1.66x | $-75.84 Million |
Industry Comparison
This section compares Nexxen International Ltd's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.