Bladeranger Ltd (BLRN) - Net Assets
Based on the latest financial reports, Bladeranger Ltd (BLRN) has net assets worth ILA60.60 Million ILA (≈ $162.47K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA73.96 Million ≈ $198.28K USD) and total liabilities (ILA13.36 Million ≈ $35.81K 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 tangible net worth ratio of Bladeranger Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA60.60 Million |
| % of Total Assets | 81.94% |
| Annual Growth Rate | 72.39% |
| 5-Year Change | 269.67% |
| 10-Year Change | N/A |
| Growth Volatility | 581.84 |
Bladeranger Ltd - Net Assets Trend (2018–2025)
This chart illustrates how Bladeranger Ltd's net assets have evolved over time, based on quarterly financial data. See BLRN defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Bladeranger Ltd (2018–2025)
The table below shows the annual net assets of Bladeranger Ltd from 2018 to 2025. For live valuation and market cap data, see market cap of Bladeranger Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA60.60 Million ≈ $162.47K |
+1536.15% |
| 2024-12-31 | ILA3.70 Million ≈ $9.93K |
+425.77% |
| 2023-12-31 | ILA-1.14 Million ≈ $-3.05K |
-116.30% |
| 2022-12-31 | ILA6.98 Million ≈ $18.70K |
-57.45% |
| 2021-12-31 | ILA16.39 Million ≈ $43.95K |
-28.33% |
| 2020-12-31 | ILA22.87 Million ≈ $61.32K |
+588.77% |
| 2019-12-31 | ILA3.32 Million ≈ $8.90K |
+148.02% |
| 2018-12-31 | ILA1.34 Million ≈ $3.59K |
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Equity Component Analysis
This analysis shows how different components contribute to Bladeranger 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 3624800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA34.38 Million | 56.73% |
| Other Comprehensive Income | ILA2.35 Million | 3.87% |
| Other Components | ILA23.88 Million | 39.40% |
| Total Equity | ILA60.60 Million | 100.00% |
Bladeranger Ltd Competitors by Market Cap
The table below lists competitors of Bladeranger Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wildsky Resources Inc
V:WSK
|
$4.87 Million |
|
Tantech Holdings Ltd
NASDAQ:TANH
|
$4.87 Million |
|
Astrotech Corp
NASDAQ:ASTC
|
$4.87 Million |
|
Buff Technologies Ltd
TA:BUFT
|
$4.88 Million |
|
Akash Infra-Projects Limited
NSE:AKASH
|
$4.86 Million |
|
Sabre Insurance Group PLC
LSE:SBRE
|
$4.86 Million |
|
LDC Dental Public Company Limited
BK:LDC
|
$4.86 Million |
|
International Research Corporation Public Company Limited
BK:IRCP
|
$4.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bladeranger Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,704,000 to 60,603,000, a change of 56,899,000 (1536.2%).
- Net income of 56,514,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 2,346,000.
- Other factors decreased equity by 1,961,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA56.51 Million | +93.25% |
| Other Comprehensive Income | ILA2.35 Million | +3.87% |
| Other Changes | ILA-1.96 Million | -3.24% |
| Total Change | ILA- | 1536.15% |
Book Value vs Market Value Analysis
This analysis compares Bladeranger 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: 29.83x
- 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 183.59x to 29.83x 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 | ILA0.21 | ILA38.90 | x |
| 2019-12-31 | ILA0.48 | ILA38.90 | x |
| 2020-12-31 | ILA4.48 | ILA38.90 | x |
| 2021-12-31 | ILA2.25 | ILA38.90 | x |
| 2022-12-31 | ILA0.95 | ILA38.90 | x |
| 2023-12-31 | ILA-0.15 | ILA38.90 | x |
| 2024-12-31 | ILA0.14 | ILA38.90 | x |
| 2025-12-31 | ILA1.30 | ILA38.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bladeranger 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): 93.25%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 43472.31%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.22x
- Recent ROE (93.25%) is above the historical average (-99.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -186.93% | 0.00% | 0.00x | 2.63x | ILA-1.18 Million |
| 2019 | -94.33% | 0.00% | 0.00x | 1.73x | ILA-2.19 Million |
| 2020 | -26.82% | 0.00% | 0.00x | 1.14x | ILA-8.42 Million |
| 2021 | -46.19% | 0.00% | 0.00x | 1.30x | ILA-9.21 Million |
| 2022 | -156.05% | -15776.81% | 0.01x | 1.86x | ILA-11.58 Million |
| 2023 | 0.00% | -1299.26% | 1.37x | 0.00x | ILA-10.48 Million |
| 2024 | -380.51% | -16980.72% | 0.01x | 1.58x | ILA-14.46 Million |
| 2025 | 93.25% | 43472.31% | 0.00x | 1.22x | ILA50.45 Million |
Industry Comparison
This section compares Bladeranger Ltd's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $41,951,349
- Average return on equity (ROE) among peers: -2.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bladeranger Ltd (BLRN) | ILA60.60 Million | -186.93% | 0.22x | $4.86 Million |
| CompuLab Ltd (CLAB) | $29.89 Million | -1.56% | 2.11x | $26.17 Million |
| Hiper Global Ltd (HIPR) | $48.34 Million | 17.95% | 1.79x | $365.96 Million |
| Massivit 3D Printing Technologies Ltd (MSVT) | $47.62 Million | -23.96% | 0.15x | $6.75 Million |
About Bladeranger Ltd
BladeRanger Ltd develops and sells autonomous drone technologies for cleaning and maintaining solar installations. The company was incorporated in 2015 and is based in Ramat Gan, Israel.