XXLLD
XXL ASA operates as a sports retailer in Norway, Sweden, and Finland. It offers sports equipment and sportswear for various sports, including running, football, golf, water sports, racket sports, and ice hockey; and fitness equipment, including treadmills and rowing machines, as well as food supplements and nutrition. The company also provides clothes for men, women, and children for baselayers, … Read more
XXLLD (XXLLD) - Net Assets
Latest net assets as of September 2024: $2.16 Billion USD
Based on the latest financial reports, XXLLD (XXLLD) has net assets worth $2.16 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.08 Billion) and total liabilities ($4.92 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 | $2.16 Billion |
| % of Total Assets | 30.53% |
| Annual Growth Rate | -17.98% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.85 |
XXLLD - Net Assets Trend (2020–2023)
This chart illustrates how XXLLD's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for XXLLD (2020–2023)
The table below shows the annual net assets of XXLLD from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $2.31 Billion | -24.63% |
| 2022-12-31 | $3.06 Billion | -18.31% |
| 2021-12-31 | $3.75 Billion | -10.35% |
| 2020-12-31 | $4.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to XXLLD'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $2.36 Billion | 100.00% |
| Total Equity | $2.36 Billion | 100.00% |
XXLLD Competitors by Market Cap
The table below lists competitors of XXLLD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TechStore Berhad
KLSE:0343
|
$7.05 Million |
|
Krungthai Car Rent and Lease Public Company Limited
BK:KCAR
|
$7.05 Million |
|
EKOPAK N.V.
F:7XZ
|
$7.06 Million |
|
KENTANIX SUPRA INTERNATIONAL TBK
JK:KSIX
|
$7.06 Million |
|
Dong Il Steel MFG Co Ltd
KO:002690
|
$7.05 Million |
|
Alzamend Neuro Inc
NASDAQ:ALZN
|
$7.05 Million |
|
Wesure Global Tech Ltd
TA:WESR
|
$7.05 Million |
|
Bucur SA
RO:BUCV
|
$7.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in XXLLD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,055,000,000 to 2,364,000,000, a change of -691,000,000 (-22.6%).
- Net loss of 1,731,000,000 reduced equity.
- New share issuances of 1,001,000,000 increased equity.
- Other factors increased equity by 39,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.73 Billion | -73.22% |
| Share Issuances | $1.00 Billion | +42.34% |
| Other Changes | $39.00 Million | +1.65% |
| Total Change | $- | -22.62% |
Book Value vs Market Value Analysis
This analysis compares XXLLD'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: 520.04x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 66.96x to 520.04x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $11.04 | $739.00 | x |
| 2021-12-31 | $10.02 | $739.00 | x |
| 2022-12-31 | $8.44 | $739.00 | x |
| 2023-12-31 | $1.42 | $739.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently XXLLD 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): -73.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.74%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 3.19x
- Recent ROE (-73.22%) is below the historical average (-20.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 2.89% | 1.15% | 1.11x | 2.25x | $-295.90 Million |
| 2021 | 5.05% | 1.96% | 1.06x | 2.42x | $-184.20 Million |
| 2022 | -17.09% | -6.20% | 0.93x | 2.96x | $-827.50 Million |
| 2023 | -73.22% | -21.74% | 1.06x | 3.19x | $-1.97 Billion |
Industry Comparison
This section compares XXLLD's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $866,355,577
- Average return on equity (ROE) among peers: 86.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| XXLLD (XXLLD) | $2.16 Billion | 2.89% | 2.28x | $7.05 Million |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $7.74 Million | 76.78% | 1.27x | $8.70 Million |
| Alimentation Couchen Tard Inc A (ANCTF) | $3.22 Billion | 17.81% | 2.28x | $37.28 Billion |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $382.69 Million |
| Arko Corp (ARKO) | $194.89 Million | -22.34% | 8.48x | $238.69 Million |
| Academy Sports Outdoors Inc (ASO) | $857.04 Million | 2.50% | 2.78x | $3.28 Billion |
| BARK, Inc. (BARK) | $203.74 Million | -15.41% | 0.25x | $89.87 Million |
| Build-A-Bear Workshop Inc (BBW) | $88.73 Million | 0.29% | 2.35x | $438.23 Million |
| Bath & Body Works Inc. (BBWI) | $2.27 Billion | 20.34% | 0.80x | $4.13 Billion |
| Best Buy Co. Inc (BBY) | $1.82 Billion | 21.73% | 1.66x | $12.17 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $3.67 Million | 519.38% | 69.22x | $29.90 Million |