Alzinova AB (ALZ) - Net Assets
Based on the latest financial reports, Alzinova AB (ALZ) has net assets worth Skr121.96 Million SEK (≈ $13.12 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 (Skr143.43 Million ≈ $15.44 Million USD) and total liabilities (Skr21.47 Million ≈ $2.31 Million USD). 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. Check ALZ goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr121.96 Million |
| % of Total Assets | 85.03% |
| Annual Growth Rate | 45.31% |
| 5-Year Change | 37.85% |
| 10-Year Change | 282.32% |
| Growth Volatility | 323.05 |
Alzinova AB - Net Assets Trend (2012–2025)
This chart illustrates how Alzinova AB's net assets have evolved over time, based on quarterly financial data. See Alzinova AB (ALZ) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Alzinova AB (2012–2025)
The table below shows the annual net assets of Alzinova AB from 2012 to 2025. For live valuation and market cap data, see Alzinova AB market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr121.96 Million ≈ $13.12 Million |
-1.50% |
| 2024-12-31 | Skr123.82 Million ≈ $13.33 Million |
+8.75% |
| 2023-12-31 | Skr113.86 Million ≈ $12.25 Million |
+7.89% |
| 2022-12-31 | Skr105.53 Million ≈ $11.36 Million |
+19.28% |
| 2021-12-31 | Skr88.47 Million ≈ $9.52 Million |
-7.86% |
| 2020-12-31 | Skr96.02 Million ≈ $10.33 Million |
+62.45% |
| 2019-12-31 | Skr59.11 Million ≈ $6.36 Million |
-7.28% |
| 2018-12-31 | Skr63.75 Million ≈ $6.86 Million |
+116.91% |
| 2017-12-31 | Skr29.39 Million ≈ $3.16 Million |
-7.86% |
| 2016-12-31 | Skr31.90 Million ≈ $3.43 Million |
+54.60% |
| 2015-12-31 | Skr20.63 Million ≈ $2.22 Million |
+1228.93% |
| 2014-12-31 | Skr1.55 Million ≈ $167.09K |
+114.55% |
| 2013-12-31 | Skr723.69K ≈ $77.88K |
-23.61% |
| 2012-12-31 | Skr947.42K ≈ $101.96K |
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Equity Component Analysis
This analysis shows how different components contribute to Alzinova AB'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 24927156700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr27.44 Million | 22.50% |
| Other Comprehensive Income | Skr138.95 Million | 113.93% |
| Other Components | Skr205.46 Million | 168.46% |
| Total Equity | Skr121.96 Million | 100.00% |
Alzinova AB Competitors by Market Cap
The table below lists competitors of Alzinova AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EXCELLENCE S.A. ZY -10
F:8XY
|
$8.00 Million |
|
Target Healthcare REIT Ltd
LSE:THRL
|
$8.01 Million |
|
Samyang Corp Preference Shares
KO:145995
|
$8.03 Million |
|
Cambium Bio Ltd
AU:CMB
|
$8.03 Million |
|
Labrador Gold Corp
V:LAB
|
$7.99 Million |
|
DarkIris Inc. Class A Ordinary Shares
NASDAQ:DKI
|
$7.99 Million |
|
Renoworks Software Inc
V:RW
|
$7.99 Million |
|
GCP Infrastructure Investments Limited
LSE:GCP
|
$7.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alzinova AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 123,823,000 to 121,961,000, a change of -1,862,000 (-1.5%).
- Net loss of 26,266,000 reduced equity.
- Share repurchases of 31,097,000 reduced equity.
- New share issuances of 31,097,000 increased equity.
- Other comprehensive income increased equity by 138,953,000.
- Other factors decreased equity by 114,549,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-26.27 Million | -21.54% |
| Share Repurchases | Skr31.10 Million | -25.5% |
| Share Issuances | Skr31.10 Million | +25.5% |
| Other Comprehensive Income | Skr138.95 Million | +113.93% |
| Other Changes | Skr-114.55 Million | -93.92% |
| Total Change | Skr- | -1.50% |
Book Value vs Market Value Analysis
This analysis compares Alzinova AB'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: 0.39x
- 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.
- The price-to-book ratio has decreased from 0.72x to 0.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Skr0.66 | Skr0.48 | x |
| 2013-12-31 | Skr0.51 | Skr0.48 | x |
| 2014-12-31 | Skr0.36 | Skr0.48 | x |
| 2015-12-31 | Skr3.19 | Skr0.48 | x |
| 2016-12-31 | Skr2.91 | Skr0.48 | x |
| 2017-12-31 | Skr3.88 | Skr0.48 | x |
| 2018-12-31 | Skr5.85 | Skr0.48 | x |
| 2019-12-31 | Skr5.33 | Skr0.48 | x |
| 2020-12-31 | Skr5.45 | Skr0.48 | x |
| 2021-12-31 | Skr5.02 | Skr0.48 | x |
| 2022-12-31 | Skr4.33 | Skr0.48 | x |
| 2023-12-31 | Skr2.83 | Skr0.48 | x |
| 2024-12-31 | Skr1.85 | Skr0.48 | x |
| 2025-12-31 | Skr1.21 | Skr0.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alzinova AB 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): -21.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.18x
- Recent ROE (-21.54%) is above the historical average (-28.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -195.83% | -84.72% | 1.96x | 1.18x | Skr-1.95 Million |
| 2013 | -46.39% | -40.00% | 0.58x | 2.01x | Skr-408.10K |
| 2014 | -30.37% | -49.41% | 0.45x | 1.38x | Skr-626.78K |
| 2015 | -16.51% | -341.28% | 0.04x | 1.08x | Skr-5.47 Million |
| 2016 | -9.29% | -56.43% | 0.16x | 1.04x | Skr-6.15 Million |
| 2017 | -8.53% | -43.31% | 0.18x | 1.08x | Skr-5.45 Million |
| 2018 | -6.57% | -44.76% | 0.14x | 1.04x | Skr-10.56 Million |
| 2019 | -10.49% | -91.09% | 0.11x | 1.07x | Skr-12.11 Million |
| 2020 | -6.77% | -43.63% | 0.15x | 1.05x | Skr-16.10 Million |
| 2021 | -8.57% | -43.79% | 0.19x | 1.04x | Skr-16.43 Million |
| 2022 | -12.38% | -78.58% | 0.15x | 1.06x | Skr-23.62 Million |
| 2023 | -14.47% | -6103.70% | 0.00x | 1.08x | Skr-27.87 Million |
| 2024 | -16.60% | -68510.00% | 0.00x | 1.08x | Skr-32.94 Million |
| 2025 | -21.54% | 0.00% | 0.00x | 1.18x | Skr-38.46 Million |
Industry Comparison
This section compares Alzinova AB's net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $165,146,942
- Average return on equity (ROE) among peers: -27.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alzinova AB (ALZ) | Skr121.96 Million | -195.83% | 0.18x | $8.00 Million |
| 2cureX AB (2CUREX) | $74.34 Million | -25.47% | 0.06x | $5.16 Million |
| Ascelia Pharma AB (publ) (ACE) | $237.06 Million | -16.83% | 0.06x | $41.03 Million |
| AcouSort AB (ACOU) | $376.48K | 28.69% | 1.44x | $9.52 Million |
| Active Biotech AB (ACTI) | $46.67 Million | -106.88% | 0.22x | $103.60 Million |
| AlzeCure Pharma (ALZCUR) | $233.17 Million | -15.43% | 0.02x | $46.62 Million |
| Annexin Pharmaceuticals AB (ANNX) | $15.57 Million | -63.12% | 0.51x | $9.23 Million |
| Alligator Bioscience AB (ATORX) | $41.44 Million | 0.00% | 0.15x | $11.36 Million |
| BioInvent International AB (BINV) | $49.01 Million | -36.81% | 0.66x | $163.58 Million |
| BioArctic AB (publ) (BIOA-B) | $788.68 Million | -15.19% | 0.14x | $2.39 Billion |
About Alzinova AB
Alzinova AB (publ), a clinical-stage biopharma company, develops immunotherapies treatment for Alzheimer's disease in Sweden. Its lead product candidate is the ALZ-101, a therapeutic vaccine for the treatment of Alzheimer's disease, which has completed phase 1b study. The company also develops ALZ-201, a monoclonal antibody that target and neutralize the neurotoxic forms of the peptide Aß42, call… Read more