Sarine Technologies Ltd (SARN) - Net Assets

Latest as of December 2025: ILA53.15 Million ILA ≈ $142.50K USD

Based on the latest financial reports, Sarine Technologies Ltd (SARN) has net assets worth ILA53.15 Million ILA (≈ $142.50K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA64.83 Million ≈ $173.80K USD) and total liabilities (ILA11.68 Million ≈ $31.30K 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 Sarine Technologies Ltd (SARN) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	ILA53.15 Million
% of Total Assets	81.99%
Annual Growth Rate	10.58%
5-Year Change	-24.7%
10-Year Change	-33.02%
Growth Volatility	42.61

Sarine Technologies Ltd - Net Assets Trend (2003–2025)

This chart illustrates how Sarine Technologies Ltd's net assets have evolved over time, based on quarterly financial data. See Sarine Technologies Ltd (SARN) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Sarine Technologies Ltd (2003–2025)

The table below shows the annual net assets of Sarine Technologies Ltd from 2003 to 2025. For live valuation and market cap data, see Sarine Technologies Ltd market cap and net worth.

Year	Net Assets	Change
2025-12-31	ILA53.13 Million ≈ $142.43K	-7.53%
2024-12-31	ILA57.45 Million ≈ $154.02K	-4.76%
2023-12-31	ILA60.32 Million ≈ $161.72K	-10.10%
2022-12-31	ILA67.10 Million ≈ $179.88K	-4.90%
2021-12-31	ILA70.55 Million ≈ $189.14K	+16.25%
2020-12-31	ILA60.69 Million ≈ $162.71K	+2.14%
2019-12-31	ILA59.42 Million ≈ $159.30K	-9.50%
2018-12-31	ILA65.66 Million ≈ $176.02K	-7.16%
2017-12-31	ILA70.72 Million ≈ $189.59K	-10.84%
2016-12-31	ILA79.31 Million ≈ $212.64K	+10.88%
2015-12-31	ILA71.53 Million ≈ $191.77K	-10.17%
2014-12-31	ILA79.63 Million ≈ $213.49K	+18.26%
2013-12-31	ILA67.33 Million ≈ $180.52K	+19.94%
2012-12-31	ILA56.14 Million ≈ $150.50K	+16.46%
2011-12-31	ILA48.20 Million ≈ $129.23K	+23.96%
2010-12-31	ILA38.88 Million ≈ $104.25K	+19.75%
2009-12-31	ILA32.47 Million ≈ $87.05K	+6.63%
2008-12-31	ILA30.45 Million ≈ $81.64K	+4.47%
2007-12-31	ILA29.15 Million ≈ $78.14K	+8.33%
2006-12-31	ILA26.91 Million ≈ $72.14K	+24.04%
2005-12-31	ILA21.69 Million ≈ $58.16K	+201.88%
2004-12-31	ILA7.19 Million ≈ $19.27K	+23.70%
2003-12-31	ILA5.81 Million ≈ $15.57K	--

Equity Component Analysis

This analysis shows how different components contribute to Sarine Technologies 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 2909883700.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	ILA29.10 Million	54.77%
Other Comprehensive Income	ILA-4.68 Million	-8.81%
Other Components	ILA28.71 Million	54.03%
Total Equity	ILA53.13 Million	100.00%

Sarine Technologies Ltd Competitors by Market Cap

The table below lists competitors of Sarine Technologies Ltd ranked by their market capitalization.

Company	Market Cap
Dividend Select 15 Corp TO:DS	$38.00 Million
Metalstech Ltd AU:MTC	$38.00 Million
Kentucky First Federal Bancorp NASDAQ:KFFB	$38.01 Million
Incannex Healthcare Ltd ADR NASDAQ:IXHL	$38.01 Million
Ribbon Acquisition Corp Class A Ordinary Shares NASDAQ:RIBB	$37.99 Million
AMICCOM Electronics TWO:5272	$37.96 Million
Ibase Gaming TWO:6441	$37.96 Million
Lii Hen Industries Bhd KLSE:7089	$37.96 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sarine Technologies Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 57,449,000 to 53,125,317, a change of -4,323,683 (-7.5%).
Net loss of 3,937,035 reduced equity.
Share repurchases of 268,088 reduced equity.
New share issuances of 12,000 increased equity.
Other comprehensive income decreased equity by 243,562.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	ILA-3.94 Million	-7.41%
Share Repurchases	ILA268.09K	-0.5%
Share Issuances	ILA12.00K	+0.02%
Other Comprehensive Income	ILA-243.56K	-0.46%
Other Changes	ILA113.00K	+0.21%
Total Change	ILA-	-7.53%

Book Value vs Market Value Analysis

This analysis compares Sarine Technologies 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: 267.35x
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 1644.94x to 267.35x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-12-31	ILA0.03	ILA41.60	x
2004-12-31	ILA0.06	ILA41.60	x
2005-12-31	ILA0.07	ILA41.60	x
2006-12-31	ILA0.08	ILA41.60	x
2007-12-31	ILA0.09	ILA41.60	x
2008-12-31	ILA0.09	ILA41.60	x
2009-12-31	ILA0.10	ILA41.60	x
2010-12-31	ILA0.12	ILA41.60	x
2011-12-31	ILA0.14	ILA41.60	x
2012-12-31	ILA0.16	ILA41.60	x
2013-12-31	ILA0.19	ILA41.60	x
2014-12-31	ILA0.23	ILA41.60	x
2015-12-31	ILA0.20	ILA41.60	x
2016-12-31	ILA0.23	ILA41.60	x
2017-12-31	ILA0.20	ILA41.60	x
2018-12-31	ILA0.19	ILA41.60	x
2019-12-31	ILA0.17	ILA41.60	x
2020-12-31	ILA0.17	ILA41.60	x
2021-12-31	ILA0.20	ILA41.60	x
2022-12-31	ILA0.19	ILA41.60	x
2023-12-31	ILA0.17	ILA41.60	x
2024-12-31	ILA0.17	ILA41.60	x
2025-12-31	ILA0.16	ILA41.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sarine Technologies 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): -7.41%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -13.10%
• Asset Turnover: 0.46x
• Equity Multiplier: 1.22x
Recent ROE (-7.41%) is below the historical average (22.32%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	91.74%	36.27%	1.80x	1.40x	ILA4.75 Million
2004	63.36%	24.19%	1.57x	1.67x	ILA3.83 Million
2005	43.10%	30.87%	1.03x	1.36x	ILA7.18 Million
2006	31.14%	26.74%	0.95x	1.22x	ILA5.69 Million
2007	27.48%	21.58%	1.01x	1.26x	ILA5.10 Million
2008	5.23%	4.81%	0.88x	1.23x	ILA-1.45 Million
2009	4.71%	7.15%	0.52x	1.27x	ILA-1.72 Million
2010	28.57%	24.33%	0.91x	1.29x	ILA7.22 Million
2011	36.03%	30.04%	0.95x	1.27x	ILA12.55 Million
2012	36.97%	32.56%	0.94x	1.21x	ILA15.14 Million
2013	35.48%	31.28%	0.94x	1.21x	ILA17.15 Million
2014	34.20%	31.02%	0.95x	1.16x	ILA19.27 Million
2015	5.01%	7.40%	0.60x	1.13x	ILA-3.57 Million
2016	22.67%	24.79%	0.79x	1.16x	ILA10.05 Million
2017	8.15%	9.83%	0.73x	1.14x	ILA-1.31 Million
2018	11.58%	12.99%	0.77x	1.16x	ILA1.04 Million
2019	-2.31%	-2.67%	0.67x	1.30x	ILA-7.31 Million
2020	3.90%	5.77%	0.51x	1.32x	ILA-3.70 Million
2021	23.32%	26.49%	0.70x	1.25x	ILA9.40 Million
2022	13.11%	14.97%	0.69x	1.27x	ILA2.09 Million
2023	-4.65%	-6.52%	0.56x	1.27x	ILA-8.83 Million
2024	1.87%	2.74%	0.55x	1.25x	ILA-4.67 Million
2025	-7.41%	-13.10%	0.46x	1.22x	ILA-9.25 Million

Industry Comparison

This section compares Sarine Technologies Ltd's net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $185,951,778
Average return on equity (ROE) among peers: -7.98%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sarine Technologies Ltd (SARN)	ILA53.15 Million	91.74%	0.22x	$37.99 Million
Abra Information Technologies (ABRA)	$122.50 Million	-1.90%	0.12x	$122.39 Million
Idomoo Ltd (IDMO)	$-4.07 Million	0.00%	0.00x	$17.79 Million
Nice Ltd (NICE)	$569.57 Million	3.93%	0.38x	$4.03 Billion
Nrgene Technologies Ltd (NRGN)	$-1.33 Million	0.00%	0.00x	$7.90 Million
One Software Technologies Ltd (ONE)	$687.96 Million	26.45%	2.09x	$1.32 Billion
Photomyne Ltd (PHTM)	$1.11 Million	-137.86%	1.79x	$13.33 Million
Synel M.L.L Payway Ltd (SNEL)	$266.45 Million	9.01%	1.63x	$31.10 Million
Sapiens International Corporation NV (SPNS)	$20.10 Million	22.39%	1.87x	$2.09 Billion
Tectona (TECT)	$11.26 Million	6.21%	0.11x	$13.66 Million

About Sarine Technologies Ltd

TA:SARN Israel Software - Application

Market Cap

$37.99 Million

ILA14.17 Billion ILA

Market Cap Rank

#22983 Global

#318 in Israel

Share Price

ILA41.60

Change (1 day)

-3.48%

52-Week Range

ILA41.60 - ILA81.80

All Time High

ILA182.88