BlackBerry Ltd (BB) - Net Assets
Based on the latest financial reports, BlackBerry Ltd (BB) has net assets worth CA$748.19 Million CAD (≈ $541.23 Million USD) as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.24 Billion ≈ $894.50 Million USD) and total liabilities (CA$488.36 Million ≈ $353.27 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 asset allocation strategy of BlackBerry Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$748.19 Million |
| % of Total Assets | 60.51% |
| Annual Growth Rate | 11.74% |
| 5-Year Change | -52.1% |
| 10-Year Change | -63.77% |
| Growth Volatility | 73.18 |
BlackBerry Ltd - Net Assets Trend (1997–2026)
This chart illustrates how BlackBerry Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of BlackBerry Ltd.
Annual Net Assets for BlackBerry Ltd (1997–2026)
The table below shows the annual net assets of BlackBerry Ltd from 1997 to 2026. Also explore BB shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-02-28 | CA$745.34 Million ≈ $539.17 Million |
+3.14% |
| 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 216484491179.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$2.92 Billion | 392.36% |
| Other Comprehensive Income | CA$-11.20 Million | -1.50% |
| Total Equity | CA$745.34 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 |
|---|---|
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
$4.74 Billion |
|
Chartwell Retirement Residences
TO:CSH-UN
|
$4.74 Billion |
|
Bechtle AG
XETRA:BC8
|
$4.74 Billion |
|
RTL Group SA
F:RRTL
|
$4.74 Billion |
|
Walsin Technology Corp
TW:2492
|
$4.73 Billion |
|
Yonyou Network Technology Co Ltd
SHG:600588
|
$4.73 Billion |
|
FORM.DE C.Y C.ADR 1/5/EO1
F:FCC0
|
$4.73 Billion |
|
China Vanke Co Ltd Class A
SHE:000002
|
$4.72 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 2025 to 2026, total equity changed from 716,468,000 to 745,340,233, a change of 28,872,233 (4.0%).
- Net income of 54,074,977 contributed positively to equity growth.
- Share repurchases of 61,698,329 reduced equity.
- New share issuances of 2,500,000 increased equity.
- Other comprehensive income increased equity by 8,000,000.
- Other factors increased equity by 25,995,585.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$54.07 Million | +7.26% |
| Share Repurchases | CA$61.70 Million | -8.28% |
| Share Issuances | CA$2.50 Million | +0.34% |
| Other Comprehensive Income | CA$8.00 Million | +1.07% |
| Other Changes | CA$26.00 Million | +3.49% |
| Total Change | CA$- | 4.03% |
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: 8.95x
- 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 127.58x to 8.95x 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$11.16 | x |
| 1998-02-28 | CA$0.34 | CA$11.16 | x |
| 1999-02-28 | CA$0.28 | CA$11.16 | x |
| 2000-02-29 | CA$0.74 | CA$11.16 | x |
| 2001-02-28 | CA$1.94 | CA$11.16 | x |
| 2002-02-28 | CA$1.85 | CA$11.16 | x |
| 2003-02-28 | CA$1.53 | CA$11.16 | x |
| 2004-02-29 | CA$3.42 | CA$11.16 | x |
| 2005-02-28 | CA$3.51 | CA$11.16 | x |
| 2006-02-28 | CA$3.39 | CA$11.16 | x |
| 2007-02-28 | CA$4.33 | CA$11.16 | x |
| 2008-02-29 | CA$6.89 | CA$11.16 | x |
| 2009-02-28 | CA$10.23 | CA$11.16 | x |
| 2010-02-28 | CA$13.34 | CA$11.16 | x |
| 2011-02-28 | CA$16.60 | CA$11.16 | x |
| 2012-02-29 | CA$19.27 | CA$11.16 | x |
| 2013-02-28 | CA$18.05 | CA$11.16 | x |
| 2014-02-28 | CA$6.90 | CA$11.16 | x |
| 2015-02-28 | CA$6.50 | CA$11.16 | x |
| 2016-02-29 | CA$4.93 | CA$11.16 | x |
| 2017-02-28 | CA$3.92 | CA$11.16 | x |
| 2018-02-28 | CA$4.59 | CA$11.16 | x |
| 2019-02-28 | CA$4.28 | CA$11.16 | x |
| 2020-02-29 | CA$4.12 | CA$11.16 | x |
| 2021-02-28 | CA$2.68 | CA$11.16 | x |
| 2022-02-28 | CA$2.46 | CA$11.16 | x |
| 2023-02-28 | CA$1.34 | CA$11.16 | x |
| 2024-02-29 | CA$1.31 | CA$11.16 | x |
| 2025-02-28 | CA$1.21 | CA$11.16 | x |
| 2026-02-28 | CA$1.25 | CA$11.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BlackBerry Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.69%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.67x
- Recent ROE (7.26%) is above the historical average (-7.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 0.74% | 3.06% | 0.22x | 1.09x | CA$-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 |
| 2026 | 7.26% | 9.69% | 0.45x | 1.67x | CA$-20.46 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: $40,824,170
- Average return on equity (ROE) among peers: -24.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BlackBerry Ltd (BB) | CA$748.19 Million | 0.74% | 0.65x | $4.73 Billion |
| Blockchaink2 Corp (BITK) | $297.78K | -106.16% | 2.90x | $987.62K |
| BTQ Technologies Corp. (BTQ) | $31.61 Million | -77.84% | 0.07x | $398.98 Million |
| Coveo Solutions Inc (CVO) | $178.52 Million | -13.23% | 0.55x | $160.10 Million |
| Fobi AI Inc (FOBI) | $-157.27K | 0.00% | 0.00x | $4.42 Million |
| Fintech Select Ltd (FTEC) | $-7.94 Million | 0.00% | 0.00x | $1.45 Million |
| Haivision Systems Inc (HAI) | $90.25 Million | -6.86% | 0.65x | $72.19 Million |
| Hank Payments Corp (HANK) | $-6.02 Million | 0.00% | 0.00x | $15.76 Million |
| DeepMarkit Corp (MKT) | $-362.40K | 0.00% | 0.00x | $13.52 Million |
| Mogo Inc (MOGO) | $81.22 Million | -16.84% | 1.34x | $25.11 Million |
About BlackBerry Ltd
BlackBerry Limited provides intelligent 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 Messenge… Read more