CoinShares International Ltd (CS) - Net Assets
Based on the latest financial reports, CoinShares International Ltd (CS) has net assets worth Skr410.09 Million SEK as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr6.18 Billion) and total liabilities (Skr5.77 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 | Skr410.09 Million |
| % of Total Assets | 6.63% |
| Annual Growth Rate | 36.28% |
| 5-Year Change | 308.03% |
| 10-Year Change | N/A |
| Growth Volatility | 91.84 |
CoinShares International Ltd - Net Assets Trend (2018–2024)
This chart illustrates how CoinShares 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 CoinShares International Ltd (2018–2024)
The table below shows the annual net assets of CoinShares International Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr314.32 Million | +31.38% |
| 2023-12-31 | Skr239.25 Million | +17.43% |
| 2022-12-31 | Skr203.74 Million | -24.52% |
| 2021-12-31 | Skr269.95 Million | +250.43% |
| 2020-12-31 | Skr77.03 Million | +69.89% |
| 2019-12-31 | Skr45.34 Million | -7.53% |
| 2018-12-31 | Skr49.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CoinShares 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 35095560400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr264.67 Million | 84.20% |
| Common Stock | Skr33.01K | 0.01% |
| Other Components | Skr49.62 Million | 15.79% |
| Total Equity | Skr314.32 Million | 100.00% |
CoinShares International Ltd Competitors by Market Cap
The table below lists competitors of CoinShares International Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FORUM ENERGY TECH. DL-01
F:1FE1
|
$510.30 Million |
|
Solus Advanced Materials Co Ltd
KO:336370
|
$510.55 Million |
|
Kearny Financial Corp
NASDAQ:KRNY
|
$510.61 Million |
|
Lassonde Industries Inc
TO:LAS-A
|
$510.64 Million |
|
Nanjing Huamai Tech Co Ltd
SHG:603042
|
$509.70 Million |
|
Guggenheim Active Allocation Fund
NYSE:GUG
|
$509.54 Million |
|
Polaris Group
TW:6550
|
$509.32 Million |
|
Zhengyuan Geomatics Group Co Ltd
SHG:688509
|
$509.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CoinShares International Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 239,245,005 to 314,315,041, a change of 75,070,036 (31.4%).
- Net income of 104,374,023 contributed positively to equity growth.
- Dividend payments of 32,813,569 reduced retained earnings.
- Share repurchases of 268,994 reduced equity.
- New share issuances of 640,184 increased equity.
- Other comprehensive income decreased equity by 457,989,721.
- Other factors increased equity by 461,128,113.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr104.37 Million | +33.21% |
| Dividends Paid | Skr32.81 Million | -10.44% |
| Share Repurchases | Skr268.99K | -0.09% |
| Share Issuances | Skr640.18K | +0.2% |
| Other Comprehensive Income | Skr-457.99 Million | -145.71% |
| Other Changes | Skr461.13 Million | +146.71% |
| Total Change | Skr- | 31.38% |
Book Value vs Market Value Analysis
This analysis compares CoinShares 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: 16.11x
- 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 decreased from 93.17x to 16.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Skr0.78 | Skr72.30 | x |
| 2019-12-31 | Skr0.79 | Skr72.30 | x |
| 2020-12-31 | Skr1.22 | Skr72.30 | x |
| 2021-12-31 | Skr3.86 | Skr72.30 | x |
| 2022-12-31 | Skr2.82 | Skr72.30 | x |
| 2023-12-31 | Skr3.56 | Skr72.30 | x |
| 2024-12-31 | Skr4.49 | Skr72.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CoinShares 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): 33.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 119.51%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 15.26x
- Recent ROE (33.21%) is above the historical average (-374.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 1067.93% | 4963.91% | 0.03x | 6.89x | Skr518.76 Million |
| 2019 | -179.64% | -548.28% | 0.03x | 10.25x | Skr-85.99 Million |
| 2020 | -2459.97% | -7561.27% | 0.01x | 34.73x | Skr-1.90 Billion |
| 2021 | -1206.08% | -2987.22% | 0.02x | 20.01x | Skr-3.28 Billion |
| 2022 | 309.00% | 1013.34% | 0.05x | 6.77x | Skr609.19 Million |
| 2023 | -189.40% | -1051.76% | 0.02x | 11.42x | Skr-477.05 Million |
| 2024 | 33.21% | 119.51% | 0.02x | 15.26x | Skr72.94 Million |
Industry Comparison
This section compares CoinShares International Ltd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $1,702,727,612
- Average return on equity (ROE) among peers: -15.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CoinShares International Ltd (CS) | Skr410.09 Million | 1067.93% | 14.07x | $509.93 Million |
| B Treasury Capital AB (BTC-B) | $138.79 Million | 0.00% | 0.02x | $9.28 Million |
| Havsfrun Investment AB (publ) (HAV-B) | $559.34 Million | 10.28% | 0.10x | $15.82 Million |
| K33 AB (publ) (K33) | $71.24 Million | -132.23% | 0.40x | $32.44 Million |
| Mangold Fondkommission AB (MANG) | $41.88 Million | 11.40% | 0.53x | $97.79 Million |
| Nordnet AB (SAVE) | $7.70 Billion | 33.48% | 27.85x | $9.21 Billion |
About CoinShares International Ltd
CoinShares International Limited engages in the creating financial products with digital assets and blockchain technology business in Jersey. It operates through three segments: Asset Management, Capital Markets, and Principal Investments. The company offers CoinShares Physical, CoinShares Valkyrie, CoinShares XBT, and The Blockchain Global Equity Index products. It also provides hedge fund solut… Read more