BlackBerry Ltd (BB) - Net Assets
Based on the latest financial reports, BlackBerry Ltd (BB) has net assets worth CA$739.75 Million CAD (≈ $535.13 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.22 Billion ≈ $879.64 Million USD) and total liabilities (CA$476.25 Million ≈ $344.51 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 BB cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$739.75 Million |
| % of Total Assets | 60.84% |
| Annual Growth Rate | 12.06% |
| 5-Year Change | -51.95% |
| 10-Year Change | -77.47% |
| Growth Volatility | 74.34 |
BlackBerry Ltd - Net Assets Trend (1997–2025)
This chart illustrates how BlackBerry Ltd's net assets have evolved over time, based on quarterly financial data. Also explore BlackBerry Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for BlackBerry Ltd (1997–2025)
The table below shows the annual net assets of BlackBerry Ltd from 1997 to 2025. For live valuation and market cap data, see BlackBerry Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | CA$722.64 Million ≈ $522.75 Million |
-6.88% |
| 2024-02-29 | CA$776.00 Million ≈ $561.35 Million |
-9.45% |
| 2023-02-28 | CA$857.00 Million ≈ $619.94 Million |
-44.92% |
| 2022-02-28 | CA$1.56 Billion ≈ $1.13 Billion |
+3.46% |
| 2021-02-28 | CA$1.50 Billion ≈ $1.09 Billion |
-40.53% |
| 2020-02-29 | CA$2.53 Billion ≈ $1.83 Billion |
-4.06% |
| 2019-02-28 | CA$2.64 Billion ≈ $1.91 Billion |
+5.23% |
| 2018-02-28 | CA$2.50 Billion ≈ $1.81 Billion |
+21.78% |
| 2017-02-28 | CA$2.06 Billion ≈ $1.49 Billion |
-35.88% |
| 2016-02-29 | CA$3.21 Billion ≈ $2.32 Billion |
-6.50% |
| 2015-02-28 | CA$3.43 Billion ≈ $2.48 Billion |
-5.35% |
| 2014-02-28 | CA$3.62 Billion ≈ $2.62 Billion |
-61.68% |
| 2013-02-28 | CA$9.46 Billion ≈ $6.84 Billion |
-6.34% |
| 2012-02-29 | CA$10.10 Billion ≈ $7.31 Billion |
+13.00% |
| 2011-02-28 | CA$8.94 Billion ≈ $6.47 Billion |
+17.56% |
| 2010-02-28 | CA$7.60 Billion ≈ $5.50 Billion |
+29.43% |
| 2009-02-28 | CA$5.87 Billion ≈ $4.25 Billion |
+48.86% |
| 2008-02-29 | CA$3.95 Billion ≈ $2.85 Billion |
+58.91% |
| 2007-02-28 | CA$2.48 Billion ≈ $1.80 Billion |
+24.44% |
| 2006-02-28 | CA$2.00 Billion ≈ $1.44 Billion |
+0.59% |
| 2005-02-28 | CA$1.98 Billion ≈ $1.43 Billion |
+15.58% |
| 2004-02-29 | CA$1.72 Billion ≈ $1.24 Billion |
+142.61% |
| 2003-02-28 | CA$707.41 Million ≈ $511.73 Million |
-19.29% |
| 2002-02-28 | CA$876.54 Million ≈ $634.07 Million |
-2.92% |
| 2001-02-28 | CA$902.93 Million ≈ $653.17 Million |
+189.97% |
| 2000-02-29 | CA$311.39 Million ≈ $225.26 Million |
+193.45% |
| 1999-02-28 | CA$106.11 Million ≈ $76.76 Million |
+0.61% |
| 1998-02-28 | CA$105.47 Million ≈ $76.29 Million |
+253.78% |
| 1997-02-28 | CA$29.81 Million ≈ $21.57 Million |
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Equity Component Analysis
This analysis shows how different components contribute to BlackBerry 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 decreased by 223686159579.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$2.98 Billion | 415.43% |
| Other Comprehensive Income | CA$-19.20 Million | -2.68% |
| Total Equity | CA$716.47 Million | 100.00% |
BlackBerry Ltd Competitors by Market Cap
The table below lists competitors of BlackBerry Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BREVILLE GROUP LTD
F:HDE
|
$2.78 Billion |
|
Air France-KLM SA
PA:AF
|
$2.78 Billion |
|
Jiangsu Leili Motor Corp Ltd
SHE:300660
|
$2.78 Billion |
|
Juli Sling Co Ltd
SHE:002342
|
$2.78 Billion |
|
Hainan Strait Shipping Co Ltd
SHE:002320
|
$2.78 Billion |
|
Aura Minerals Inc
TO:ORA
|
$2.78 Billion |
|
ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd
SHE:000029
|
$2.77 Billion |
|
Rush Street Interactive Inc
NYSE:RSI
|
$2.77 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BlackBerry Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 776,000,000 to 716,468,000, a change of -59,532,000 (-7.7%).
- Net loss of 79,000,000 reduced equity.
- Share repurchases of 3,100,000 reduced equity.
- New share issuances of 3,100,000 increased equity.
- Other comprehensive income decreased equity by 5,200,000.
- Other factors increased equity by 24,668,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-79.00 Million | -11.03% |
| Share Repurchases | CA$3.10 Million | -0.43% |
| Share Issuances | CA$3.10 Million | +0.43% |
| Other Comprehensive Income | CA$-5.20 Million | -0.73% |
| Other Changes | CA$24.67 Million | +3.44% |
| Total Change | CA$- | -7.67% |
Book Value vs Market Value Analysis
This analysis compares BlackBerry 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: 6.08x
- 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 84.14x to 6.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-02-28 | CA$0.09 | CA$7.36 | x |
| 1998-02-28 | CA$0.34 | CA$7.36 | x |
| 1999-02-28 | CA$0.28 | CA$7.36 | x |
| 2000-02-29 | CA$0.74 | CA$7.36 | x |
| 2001-02-28 | CA$1.94 | CA$7.36 | x |
| 2002-02-28 | CA$1.85 | CA$7.36 | x |
| 2003-02-28 | CA$1.53 | CA$7.36 | x |
| 2004-02-29 | CA$3.42 | CA$7.36 | x |
| 2005-02-28 | CA$3.51 | CA$7.36 | x |
| 2006-02-28 | CA$3.39 | CA$7.36 | x |
| 2007-02-28 | CA$4.33 | CA$7.36 | x |
| 2008-02-29 | CA$6.89 | CA$7.36 | x |
| 2009-02-28 | CA$10.23 | CA$7.36 | x |
| 2010-02-28 | CA$13.34 | CA$7.36 | x |
| 2011-02-28 | CA$16.60 | CA$7.36 | x |
| 2012-02-29 | CA$19.27 | CA$7.36 | x |
| 2013-02-28 | CA$18.05 | CA$7.36 | x |
| 2014-02-28 | CA$6.90 | CA$7.36 | x |
| 2015-02-28 | CA$6.50 | CA$7.36 | x |
| 2016-02-29 | CA$4.93 | CA$7.36 | x |
| 2017-02-28 | CA$3.92 | CA$7.36 | x |
| 2018-02-28 | CA$4.59 | CA$7.36 | x |
| 2019-02-28 | CA$4.28 | CA$7.36 | x |
| 2020-02-29 | CA$4.12 | CA$7.36 | x |
| 2021-02-28 | CA$2.68 | CA$7.36 | x |
| 2022-02-28 | CA$2.46 | CA$7.36 | x |
| 2023-02-28 | CA$1.34 | CA$7.36 | x |
| 2024-02-29 | CA$1.31 | CA$7.36 | x |
| 2025-02-28 | CA$1.21 | CA$7.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BlackBerry Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -11.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.77%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.81x
- Recent ROE (-11.03%) is below the historical average (-7.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 0.74% | 3.06% | 0.22x | 1.09x | CA$-2.76 Million |
| 1998 | 0.34% | 1.73% | 0.19x | 1.02x | CA$-10.19 Million |
| 1999 | 6.04% | 13.54% | 0.41x | 1.10x | CA$-4.20 Million |
| 2000 | 3.37% | 12.36% | 0.25x | 1.08x | CA$-20.64 Million |
| 2001 | -0.69% | -2.81% | 0.23x | 1.07x | CA$-96.50 Million |
| 2002 | -3.25% | -9.68% | 0.31x | 1.08x | CA$-116.13 Million |
| 2003 | -21.06% | -48.53% | 0.36x | 1.22x | CA$-219.73 Million |
| 2004 | 3.02% | 8.72% | 0.31x | 1.13x | CA$-119.80 Million |
| 2005 | 10.37% | 15.23% | 0.52x | 1.32x | CA$7.24 Million |
| 2006 | 18.74% | 18.14% | 0.89x | 1.16x | CA$174.49 Million |
| 2007 | 25.43% | 20.80% | 0.98x | 1.24x | CA$383.16 Million |
| 2008 | 32.89% | 21.53% | 1.09x | 1.40x | CA$903.35 Million |
| 2009 | 32.22% | 17.10% | 1.37x | 1.38x | CA$1.31 Billion |
| 2010 | 32.32% | 16.43% | 1.47x | 1.34x | CA$1.70 Billion |
| 2011 | 38.16% | 17.13% | 1.55x | 1.44x | CA$2.52 Billion |
| 2012 | 11.52% | 6.32% | 1.34x | 1.36x | CA$154.00 Million |
| 2013 | -6.83% | -5.83% | 0.84x | 1.39x | CA$-1.59 Billion |
| 2014 | -162.01% | -86.20% | 0.90x | 2.08x | CA$-6.24 Billion |
| 2015 | -8.86% | -9.12% | 0.51x | 1.91x | CA$-647.10 Million |
| 2016 | -6.48% | -9.63% | 0.39x | 1.73x | CA$-528.80 Million |
| 2017 | -58.63% | -92.13% | 0.40x | 1.59x | CA$-1.41 Billion |
| 2018 | 16.17% | 43.45% | 0.25x | 1.51x | CA$154.50 Million |
| 2019 | 3.53% | 10.29% | 0.23x | 1.49x | CA$-170.60 Million |
| 2020 | -6.01% | -14.62% | 0.27x | 1.54x | CA$-404.90 Million |
| 2021 | -73.40% | -123.63% | 0.32x | 1.87x | CA$-1.25 Billion |
| 2022 | 0.77% | 1.67% | 0.28x | 1.65x | CA$-143.60 Million |
| 2023 | -85.69% | -139.54% | 0.31x | 1.96x | CA$-820.10 Million |
| 2024 | -16.78% | -17.15% | 0.54x | 1.80x | CA$-207.80 Million |
| 2025 | -11.03% | -14.77% | 0.41x | 1.81x | CA$-150.65 Million |
Industry Comparison
This section compares BlackBerry Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $-95,867,920
- Average return on equity (ROE) among peers: -48.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BlackBerry Ltd (BB) | CA$739.75 Million | 0.74% | 0.64x | $2.78 Billion |
| Blockchaink2 Corp (BITK) | $2.90 Million | -23.65% | 0.02x | $2.26 Million |
| Coveo Solutions Inc (CVO) | $-999.08 Million | 0.00% | 0.00x | $179.34 Million |
| Fobi AI Inc (FOBI) | $6.33 Million | -302.41% | 0.35x | $6.50 Million |
| Fintech Select Ltd (FTEC) | $-2.52 Million | 0.00% | 0.00x | $2.32 Million |
| Haivision Systems Inc (HAI) | $97.58 Million | 0.12% | 0.49x | $127.86 Million |
| Hank Payments Corp (HANK) | $-4.13 Million | 0.00% | 0.00x | $15.76 Million |
| DeepMarkit Corp (MKT) | $-1.73 Million | 0.00% | 0.00x | $12.27 Million |
| Mogo Inc (MOGO) | $20.03 Million | -106.62% | 4.36x | $25.11 Million |
| Martello Technologies Group Inc (MTLO) | $17.81 Million | -3.05% | 0.14x | $2.11 Million |
About BlackBerry Ltd
BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Secure Communications, QNX, and Licensing. The company offers BlackBerry Dynamics, a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry… Read more