Music Licensing Inc.
Music Licensing, Inc. operates as a music performing rights organization in the United States. The company represents songwriters, composers, and music publishers; and issues public performance licenses to businesses. It serves television and radio stations, internet/streaming services and mobile technologies, Satellite audio services, nightclubs, restaurants, bars, and other venues. The company … Read more
Music Licensing Inc. (SONG) - Net Assets
Latest net assets as of December 2025: $29.23 Million USD
Based on the latest financial reports, Music Licensing Inc. (SONG) has net assets worth $29.23 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($64.70 Million) and total liabilities ($35.47 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 | $29.23 Million |
| % of Total Assets | 45.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | 286197.32% |
| 10-Year Change | N/A |
| Growth Volatility | 260.53 |
Music Licensing Inc. - Net Assets Trend (2013–2025)
This chart illustrates how Music Licensing 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 Music Licensing Inc. (2013–2025)
The table below shows the annual net assets of Music Licensing Inc. from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $29.23 Million | +868.58% |
| 2024-12-31 | $-3.80 Million | -107.67% |
| 2023-12-31 | $49.58 Million | +98082.53% |
| 2022-12-31 | $-50.60K | -595.55% |
| 2021-12-31 | $10.21K | +4.65% |
| 2020-12-31 | $9.76K | +121.51% |
| 2019-12-31 | $-45.36K | -215.41% |
| 2018-12-31 | $-14.38K | +98.53% |
| 2017-12-31 | $-975.00K | +10.10% |
| 2016-12-31 | $-1.08 Million | -332.24% |
| 2014-12-31 | $-250.90K | +25.13% |
| 2013-12-31 | $-335.12K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Music Licensing 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 1115901700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.06 Million | 31.00% |
| Other Components | $20.17 Million | 69.00% |
| Total Equity | $29.23 Million | 100.00% |
Music Licensing Inc. Competitors by Market Cap
The table below lists competitors of Music Licensing Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ptt PCL
STU:PTOG
|
$8.76K |
|
Yangtze River Port and Logistics Ltd
PINK:YRIV
|
$8.77K |
|
Braemar Plc
LSE:BMS
|
$8.77K |
|
PSI GROUP
BE:PGT
|
$8.77K |
|
CSE GLOBAL (XCC.SG)
STU:XCC
|
$8.75K |
|
Transnational Group Inc
PINK:TAMG
|
$8.75K |
|
Pasquarelli Auto S.p.A.
F:O01
|
$8.75K |
|
Majestic Ideal Holdings Ltd Ordinary Shares
NASDAQ:MJID
|
$8.73K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Music Licensing Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -3,803,600 to 29,233,818, a change of 33,037,418.
- Net loss of 7,035,310 reduced equity.
- Other comprehensive income increased equity by 1.
- Other factors increased equity by 40,072,727.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.04 Million | -24.07% |
| Other Comprehensive Income | $1.00 | +0.0% |
| Other Changes | $40.07 Million | +137.08% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Music Licensing 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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $-7.02 | $2.56 | x |
| 2014-12-31 | $-1393911.11 | $2.56 | x |
| 2016-12-31 | $-10063.26 | $2.56 | x |
| 2017-12-31 | $-8751.46 | $2.56 | x |
| 2019-12-31 | $-409.91 | $2.56 | x |
| 2020-12-31 | $1.37 | $2.56 | x |
| 2021-12-31 | $1.43 | $2.56 | x |
| 2022-12-31 | $-7.09 | $2.56 | x |
| 2023-12-31 | $4507285.36 | $2.56 | x |
| 2024-12-31 | $-316.97 | $2.56 | x |
| 2025-12-31 | $5835.09 | $2.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Music Licensing 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): -24.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.00%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 2.21x
- Recent ROE (-24.07%) is above the historical average (-189.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -634.92% | 0.72x | 0.00x | $-793.25K |
| 2014 | 0.00% | -1315.01% | 0.36x | 0.00x | $-977.13K |
| 2016 | 0.00% | -36704.47% | 0.03x | 0.00x | $-9.67 Million |
| 2017 | 0.00% | -1025.36% | 0.45x | 0.00x | $-3.29 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-17.25K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-439.05K |
| 2020 | -253.73% | -3305.21% | 0.02x | 4.70x | $-25.73K |
| 2021 | -2090.92% | -1062.16% | 0.09x | 21.61x | $-214.53K |
| 2022 | 0.00% | -146.20% | 0.90x | 0.00x | $-55.75K |
| 2023 | 92.85% | 4.37% | 16.89x | 1.26x | $41.08 Million |
| 2024 | 0.00% | -42.23% | 6.47x | 0.00x | $-54.04 Million |
| 2025 | -24.07% | -18.00% | 0.60x | 2.21x | $-9.96 Million |
Industry Comparison
This section compares Music Licensing Inc.'s net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Music Licensing Inc. (SONG) | $29.23 Million | 0.00% | 1.21x | $8.75K |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |