Clarke Inc. (CKI) - Net Assets
Based on the latest financial reports, Clarke Inc. (CKI) has net assets worth CA$289.72 Million CAD (≈ $209.58 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$621.30 Million ≈ $449.44 Million USD) and total liabilities (CA$331.58 Million ≈ $239.86 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. Also explore Clarke Inc. (CKI) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$289.72 Million |
| % of Total Assets | 46.63% |
| Annual Growth Rate | 8.45% |
| 5-Year Change | 64.26% |
| 10-Year Change | 45.15% |
| Growth Volatility | 29.59 |
Clarke Inc. - Net Assets Trend (1998–2024)
This chart illustrates how Clarke Inc.'s net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see market value of Clarke Inc..
Annual Net Assets for Clarke Inc. (1998–2024)
The table below shows the annual net assets of Clarke Inc. from 1998 to 2024. Explore CKI cash flow conversion to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$276.94 Million ≈ $200.34 Million |
+20.05% |
| 2023-12-31 | CA$230.69 Million ≈ $166.88 Million |
+7.31% |
| 2022-12-31 | CA$214.97 Million ≈ $155.51 Million |
+3.04% |
| 2021-12-31 | CA$208.62 Million ≈ $150.91 Million |
+23.73% |
| 2020-12-31 | CA$168.60 Million ≈ $121.97 Million |
-32.45% |
| 2019-12-31 | CA$249.59 Million ≈ $180.55 Million |
+66.40% |
| 2018-12-31 | CA$149.99 Million ≈ $108.50 Million |
-4.09% |
| 2017-12-31 | CA$156.39 Million ≈ $113.13 Million |
-9.23% |
| 2016-12-31 | CA$172.30 Million ≈ $124.64 Million |
-9.70% |
| 2015-12-31 | CA$190.80 Million ≈ $138.02 Million |
-22.15% |
| 2014-12-31 | CA$245.10 Million ≈ $177.30 Million |
+58.48% |
| 2013-12-31 | CA$154.65 Million ≈ $111.87 Million |
+64.69% |
| 2012-12-31 | CA$93.90 Million ≈ $67.93 Million |
-0.85% |
| 2011-12-31 | CA$94.70 Million ≈ $68.51 Million |
-15.24% |
| 2010-12-31 | CA$111.73 Million ≈ $80.82 Million |
+3.04% |
| 2009-12-31 | CA$108.43 Million ≈ $78.44 Million |
+49.26% |
| 2008-12-31 | CA$72.65 Million ≈ $52.55 Million |
-63.44% |
| 2007-12-31 | CA$198.72 Million ≈ $143.75 Million |
+38.96% |
| 2006-12-31 | CA$143.00 Million ≈ $103.45 Million |
+13.84% |
| 2005-12-31 | CA$125.62 Million ≈ $90.87 Million |
+30.21% |
| 2004-12-31 | CA$96.48 Million ≈ $69.79 Million |
+29.99% |
| 2003-12-31 | CA$74.22 Million ≈ $53.69 Million |
+5.64% |
| 2002-12-31 | CA$70.26 Million ≈ $50.82 Million |
+12.44% |
| 2001-12-31 | CA$62.48 Million ≈ $45.20 Million |
+8.93% |
| 2000-12-31 | CA$57.37 Million ≈ $41.50 Million |
+36.58% |
| 1999-12-31 | CA$42.00 Million ≈ $30.38 Million |
+25.00% |
| 1998-12-31 | CA$33.60 Million ≈ $24.31 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Clarke Inc.'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 937.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$81.97 Million | 29.60% |
| Common Stock | CA$82.53 Million | 29.80% |
| Other Comprehensive Income | CA$105.15 Million | 37.97% |
| Other Components | CA$7.30 Million | 2.64% |
| Total Equity | CA$276.94 Million | 100.00% |
Clarke Inc. Competitors by Market Cap
The table below lists competitors of Clarke Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Husteel
KO:005010
|
$259.69 Million |
|
Taiwan Sanyo Electric Co Ltd
TW:1614
|
$259.82 Million |
|
Paz Corp
SN:PAZ
|
$259.86 Million |
|
Brompton Split Banc Corp
TO:SBC
|
$259.87 Million |
|
Healius Ltd
AU:HLS
|
$259.46 Million |
|
Flexsteel Industries Inc
NASDAQ:FLXS
|
$259.42 Million |
|
Fidelity D&D Bancorp Inc
NASDAQ:FDBC
|
$259.41 Million |
|
Al Aqar Healthcare Reit
KLSE:5116
|
$259.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clarke Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 230,689,000 to 276,942,000, a change of 46,253,000 (20.0%).
- Net income of 37,823,000 contributed positively to equity growth.
- Share repurchases of 125,000 reduced equity.
- Other comprehensive income increased equity by 8,555,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$37.82 Million | +13.66% |
| Share Repurchases | CA$125.00K | -0.05% |
| Other Comprehensive Income | CA$8.55 Million | +3.09% |
| Total Change | CA$- | 20.05% |
Book Value vs Market Value Analysis
This analysis compares Clarke Inc.'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: 1.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 22.07x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | CA$1.19 | CA$26.30 | x |
| 1999-12-31 | CA$1.49 | CA$26.30 | x |
| 2000-12-31 | CA$2.14 | CA$26.30 | x |
| 2001-12-31 | CA$2.33 | CA$26.30 | x |
| 2002-12-31 | CA$2.60 | CA$26.30 | x |
| 2003-12-31 | CA$2.67 | CA$26.30 | x |
| 2004-12-31 | CA$3.47 | CA$26.30 | x |
| 2005-12-31 | CA$4.63 | CA$26.30 | x |
| 2006-12-31 | CA$3.66 | CA$26.30 | x |
| 2007-12-31 | CA$7.16 | CA$26.30 | x |
| 2008-12-31 | CA$2.62 | CA$26.30 | x |
| 2009-12-31 | CA$4.04 | CA$26.30 | x |
| 2010-12-31 | CA$2.80 | CA$26.30 | x |
| 2011-12-31 | CA$4.68 | CA$26.30 | x |
| 2012-12-31 | CA$5.24 | CA$26.30 | x |
| 2013-12-31 | CA$5.90 | CA$26.30 | x |
| 2014-12-31 | CA$10.13 | CA$26.30 | x |
| 2015-12-31 | CA$11.44 | CA$26.30 | x |
| 2016-12-31 | CA$11.24 | CA$26.30 | x |
| 2017-12-31 | CA$10.56 | CA$26.30 | x |
| 2018-12-31 | CA$11.82 | CA$26.30 | x |
| 2019-12-31 | CA$17.83 | CA$26.30 | x |
| 2020-12-31 | CA$10.60 | CA$26.30 | x |
| 2021-12-31 | CA$11.36 | CA$26.30 | x |
| 2022-12-31 | CA$15.10 | CA$26.30 | x |
| 2023-12-31 | CA$16.47 | CA$26.30 | x |
| 2024-12-31 | CA$19.84 | CA$26.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clarke Inc. 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): 13.66%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.61%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.86x
- Recent ROE (13.66%) is above the historical average (6.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 29.17% | 4.01% | 2.39x | 3.04x | CA$6.44 Million |
| 1999 | 24.52% | 3.70% | 2.49x | 2.66x | CA$6.10 Million |
| 2000 | 11.74% | 2.19% | 2.25x | 2.39x | CA$999.50K |
| 2001 | 10.68% | 1.75% | 3.02x | 2.02x | CA$423.50K |
| 2002 | 12.34% | 2.14% | 3.07x | 1.88x | CA$1.64 Million |
| 2003 | 8.17% | 1.49% | 3.25x | 1.69x | CA$-1.36 Million |
| 2004 | 25.38% | 17.69% | 0.93x | 1.54x | CA$14.84 Million |
| 2005 | 14.72% | 9.61% | 0.82x | 1.87x | CA$5.93 Million |
| 2006 | 12.02% | 8.70% | 0.52x | 2.64x | CA$2.89 Million |
| 2007 | 32.21% | 32.59% | 0.49x | 2.02x | CA$44.14 Million |
| 2008 | -171.91% | -47.02% | 0.91x | 4.00x | CA$-131.30 Million |
| 2009 | 14.63% | 6.24% | 0.89x | 2.64x | CA$4.93 Million |
| 2010 | 25.05% | 12.52% | 0.83x | 2.41x | CA$16.24 Million |
| 2011 | -2.84% | -1.25% | 0.83x | 2.73x | CA$-11.61 Million |
| 2012 | 1.95% | 0.77% | 0.96x | 2.63x | CA$-7.12 Million |
| 2013 | 35.91% | 47.86% | 0.37x | 2.03x | CA$38.05 Million |
| 2014 | 41.88% | 186.27% | 0.21x | 1.05x | CA$78.14 Million |
| 2015 | -5.80% | -2629.22% | 0.00x | 1.04x | CA$-30.15 Million |
| 2016 | 14.75% | 77.79% | 0.18x | 1.03x | CA$8.18 Million |
| 2017 | 2.24% | 27.46% | 0.08x | 1.03x | CA$-12.13 Million |
| 2018 | -0.38% | -8.31% | 0.04x | 1.09x | CA$-15.56 Million |
| 2019 | 15.37% | 34.09% | 0.28x | 1.61x | CA$13.42 Million |
| 2020 | -11.39% | -95.89% | 0.06x | 1.84x | CA$-36.07 Million |
| 2021 | 7.85% | 27.29% | 0.16x | 1.84x | CA$-4.48 Million |
| 2022 | 1.50% | 5.38% | 0.14x | 1.94x | CA$-18.27 Million |
| 2023 | 1.48% | 4.20% | 0.21x | 1.71x | CA$-19.64 Million |
| 2024 | 13.66% | 49.61% | 0.15x | 1.86x | CA$10.13 Million |
Industry Comparison
This section compares Clarke Inc.'s net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $48,500,000
- Average return on equity (ROE) among peers: 37.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clarke Inc. (CKI) | CA$289.72 Million | 29.17% | 1.14x | $259.69 Million |
| Wall Financial Corporation (WFC) | $48.50 Million | 37.11% | 2.95x | $370.52 Million |
About Clarke Inc.
Clarke Inc. is a private equity and venture capital firm specializing in investments in middle market, turnaround, PIPEs, bridge financing, recapitalization, and buyout companies. It invests in undervalued or underperforming businesses with hard assets. It invests in companies, securities or other assets such as real estate, which can be public or private entities. The firm primarily invests equi… Read more