Spring Ventures Ltd

TA:SPRG Israel Asset Management
Market Cap
$12.13 Million
ILA4.52 Billion ILA
Market Cap Rank
#40581 Global
#367 in Israel
Share Price
ILA537.20
Change (1 day)
+0.00%
52-Week Range
ILA466.30 - ILA610.00
All Time High
ILA1735.08
Categories
Companies in Israel Asset Management Banking & Financial
About

Spring Ventures Ltd. Is a venture capital firm specializes in Seed stage, Series A stage and early stage investments. It typically invests in deep technology, SaaS with focus on business to business SaaS based models. It invests in private and public enterprises and companies primarily in the technology sector in Israel and internationally. The company develops technological tools, applications, … Read more

Spring Ventures Ltd (SPRG) - Net Assets

Latest net assets as of June 2025: ILA78.24 Million ILA

Based on the latest financial reports, Spring Ventures Ltd (SPRG) has net assets worth ILA78.24 Million ILA as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA82.01 Million) and total liabilities (ILA3.77 Million). 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 ILA78.24 Million
% of Total Assets 95.41%
Annual Growth Rate 8.59%
5-Year Change 5.33%
10-Year Change 412.28%
Growth Volatility 96.56

Spring Ventures Ltd - Net Assets Trend (2008–2024)

This chart illustrates how Spring Ventures 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 Spring Ventures Ltd (2008–2024)

The table below shows the annual net assets of Spring Ventures Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 ILA77.83 Million -34.92%
2023-12-31 ILA119.59 Million -23.08%
2022-12-31 ILA155.48 Million +22.89%
2021-12-31 ILA126.52 Million +71.23%
2020-12-31 ILA73.89 Million +13.02%
2019-12-31 ILA65.38 Million +3.62%
2018-12-31 ILA63.10 Million -7.97%
2017-12-31 ILA68.56 Million -0.61%
2016-12-31 ILA68.99 Million +354.11%
2015-12-31 ILA15.19 Million +21.81%
2014-12-31 ILA12.47 Million +157.58%
2013-12-31 ILA4.84 Million -51.78%
2012-12-31 ILA10.04 Million -6.56%
2011-12-31 ILA10.75 Million -38.59%
2010-12-31 ILA17.50 Million -6.31%
2009-12-31 ILA18.68 Million -10.27%
2008-12-31 ILA20.82 Million --

Equity Component Analysis

This analysis shows how different components contribute to Spring Ventures 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 1213100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ILA12.13 Million 15.59%
Common Stock ILA85.00K 0.11%
Other Comprehensive Income ILA-1.57 Million -2.02%
Other Components ILA67.18 Million 86.32%
Total Equity ILA77.83 Million 100.00%

Spring Ventures Ltd Competitors by Market Cap

The table below lists competitors of Spring Ventures Ltd ranked by their market capitalization.

Company Market Cap
JQTMF
PINK:JQTMF
 		$121.10K
Maiden Holdings North America Ltd ELKS
NYSE:MHNC
 		$121.12K
RiverNorth Flexible Municipal Income Fund II Inc
NYSE:RFMZ
 		$121.14K
Transition Evergreen
PA:EGR
 		$121.15K
NorthView Acquisition Corporation Rights
NASDAQ:NVACR
 		$120.91K
DOCCHECK N - Dusseldorf Stock Exchang
DU:AJ91
 		$120.86K
QSX
BATS:QSX
 		$120.85K
BIDVEST
MU:NQL1
 		$120.84K

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 119,591,000 to 77,825,000, a change of -41,766,000 (-34.9%).
  • Net income of 254,000 contributed positively to equity growth.
  • Dividend payments of 42,099,000 reduced retained earnings.
  • Other comprehensive income increased equity by 79,001.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ILA254.00K +0.33%
Dividends Paid ILA42.10 Million -54.09%
Other Comprehensive Income ILA79.00K +0.1%
Other Changes ILA-1.00 -0.0%
Total Change ILA- -34.92%

Book Value vs Market Value Analysis

This analysis compares Spring Ventures 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: 58.12x
  • 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 272.36x to 58.12x 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 ILA1.97 ILA537.20 x
2013-12-31 ILA1.10 ILA537.20 x
2014-12-31 ILA2.38 ILA537.20 x
2015-12-31 ILA2.50 ILA537.20 x
2016-12-31 ILA8.70 ILA537.20 x
2017-12-31 ILA8.07 ILA537.20 x
2018-12-31 ILA7.42 ILA537.20 x
2019-12-31 ILA7.76 ILA537.20 x
2020-12-31 ILA8.78 ILA537.20 x
2021-12-31 ILA15.03 ILA537.20 x
2022-12-31 ILA18.47 ILA537.20 x
2023-12-31 ILA14.20 ILA537.20 x
2024-12-31 ILA9.24 ILA537.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Spring Ventures 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): 0.33%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.64%
  • • Asset Turnover: 0.09x
  • • Equity Multiplier: 1.04x
  • Recent ROE (0.33%) is above the historical average (-10.47%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 -50.50% -73.25% 0.21x 3.35x ILA-6.11 Million
2013 -113.75% -79.72% 0.29x 4.88x ILA-6.98 Million
2014 -21.15% -21.37% 0.41x 2.41x ILA-3.89 Million
2015 -46.73% -46.14% 0.48x 2.10x ILA-8.62 Million
2016 59.66% 558.95% 0.10x 1.03x ILA34.19 Million
2017 -1.26% -11.13% 0.10x 1.13x ILA-7.66 Million
2018 -8.77% -193.17% 0.04x 1.03x ILA-11.73 Million
2019 4.39% 25.53% 0.16x 1.06x ILA-3.66 Million
2020 11.52% 2221.93% 0.00x 1.11x ILA1.12 Million
2021 41.60% 69.39% 0.50x 1.20x ILA39.98 Million
2022 18.62% 63.10% 0.24x 1.22x ILA13.41 Million
2023 -30.01% 0.00% -0.33x 1.03x ILA-47.85 Million
2024 0.33% 3.64% 0.09x 1.04x ILA-7.53 Million

Industry Comparison

This section compares Spring Ventures Ltd's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $208,729,600
  • Average return on equity (ROE) among peers: 2.14%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Spring Ventures Ltd (SPRG) ILA78.24 Million -50.50% 0.05x $120.95K
Altshuler Shaham Financial LTD (ALTF) $226.06 Million 40.24% 1.63x $3.04 Million
Aluma Infrastructure Fund 2020 Ltd (ALUMA) $292.28 Million -11.48% 0.32x $815.87K
Analyst IMS Investment Management Services Ltd (ANLT) $143.58 Million 9.07% 0.27x $4.61 Million
Big Tech 50 R&D-Limited Partnership (BIGT) $13.16 Million -43.11% 0.01x $51.60K
Bio Meat Foodtech - Limited Partnership (BIMT) $43.73 Million 47.00% 0.47x $145.66K
Capital Point (CPTP) $50.49 Million 0.00% 0.77x $191.24K
Eldav-L (ELDAV) $92.58 Million -4.24% 1.14x $167.48K
Elron Electronic Industries Ltd (ELRN) $194.08 Million -4.34% 0.07x $715.25K
Emilia Devel (EMDV) $1.01 Billion 6.07% 1.56x $2.15 Million
Feat Fund Investments Limited Partnership (FEAT) $25.84 Million -17.83% 0.05x $24.04K