DIRTT Environmental Solutions Ltd. (DRT) - Net Assets
Based on the latest financial reports, DIRTT Environmental Solutions Ltd. (DRT) has net assets worth CA$28.48 Million CAD (≈ $20.60 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$102.32 Million ≈ $74.01 Million USD) and total liabilities (CA$73.83 Million ≈ $53.41 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 DIRTT Environmental Solutions Ltd. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$28.48 Million |
| % of Total Assets | 27.84% |
| Annual Growth Rate | -6.58% |
| 5-Year Change | -57.97% |
| 10-Year Change | -78.96% |
| Growth Volatility | 145.51 |
DIRTT Environmental Solutions Ltd. - Net Assets Trend (2013–2025)
This chart illustrates how DIRTT Environmental Solutions Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of DIRTT Environmental Solutions Ltd. for the complete picture of this company's asset base.
Annual Net Assets for DIRTT Environmental Solutions Ltd. (2013–2025)
The table below shows the annual net assets of DIRTT Environmental Solutions Ltd. from 2013 to 2025. For live valuation and market cap data, see DIRTT Environmental Solutions Ltd. (DRT) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$28.48 Million ≈ $20.60 Million |
-33.12% |
| 2024-12-31 | CA$42.59 Million ≈ $30.81 Million |
+499.77% |
| 2023-12-31 | CA$7.10 Million ≈ $5.14 Million |
-60.53% |
| 2022-12-31 | CA$17.99 Million ≈ $13.02 Million |
-73.45% |
| 2021-12-31 | CA$67.77 Million ≈ $49.02 Million |
-41.85% |
| 2020-12-31 | CA$116.53 Million ≈ $84.30 Million |
-6.77% |
| 2019-12-31 | CA$124.99 Million ≈ $90.41 Million |
-0.17% |
| 2018-12-31 | CA$125.20 Million ≈ $90.57 Million |
-6.39% |
| 2017-12-31 | CA$133.76 Million ≈ $96.76 Million |
-1.20% |
| 2016-12-31 | CA$135.38 Million ≈ $97.93 Million |
+9.97% |
| 2015-12-31 | CA$123.11 Million ≈ $89.06 Million |
+49.18% |
| 2014-12-31 | CA$82.52 Million ≈ $59.70 Million |
+28.09% |
| 2013-12-31 | CA$64.43 Million ≈ $46.61 Million |
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Equity Component Analysis
This analysis shows how different components contribute to DIRTT Environmental Solutions 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 12092300653.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$214.60 Million | 753.43% |
| Other Comprehensive Income | CA$-17.03 Million | -59.80% |
| Other Components | CA$11.17 Million | 39.21% |
| Total Equity | CA$28.48 Million | 100.00% |
DIRTT Environmental Solutions Ltd. Competitors by Market Cap
The table below lists competitors of DIRTT Environmental Solutions Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spyrosoft Spólka Akcyjna
F:2NP
|
$111.02 Million |
|
Leoch International Technology Limited
F:0LT
|
$111.14 Million |
|
Bhartiya International Limited
NSE:BIL
|
$111.15 Million |
|
Silvaco Group, Inc. Common Stock
NASDAQ:SVCO
|
$111.22 Million |
|
Solteam Electronics Co Ltd
TWO:3484
|
$111.01 Million |
|
Atlantic International Corp. Common Stock
NASDAQ:ATLN
|
$111.00 Million |
|
Thuan Duc JSC
VN:TDP
|
$110.99 Million |
|
Action Electronics Co Ltd
TW:3024
|
$110.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DIRTT Environmental Solutions Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 42,590,000 to 28,483,070, a change of -14,106,930 (-33.1%).
- Net loss of 14,700,919 reduced equity.
- Share repurchases of 4,464,814 reduced equity.
- Other comprehensive income increased equity by 1,507,057.
- Other factors increased equity by 3,551,746.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-14.70 Million | -51.61% |
| Share Repurchases | CA$4.46 Million | -15.68% |
| Other Comprehensive Income | CA$1.51 Million | +5.29% |
| Other Changes | CA$3.55 Million | +12.47% |
| Total Change | CA$- | -33.12% |
Book Value vs Market Value Analysis
This analysis compares DIRTT Environmental Solutions 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: 5.36x
- 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 increased from 0.49x to 5.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CA$1.64 | CA$0.80 | x |
| 2014-12-31 | CA$1.11 | CA$0.80 | x |
| 2015-12-31 | CA$1.48 | CA$0.80 | x |
| 2016-12-31 | CA$1.58 | CA$0.80 | x |
| 2017-12-31 | CA$1.58 | CA$0.80 | x |
| 2018-12-31 | CA$1.47 | CA$0.80 | x |
| 2019-12-31 | CA$1.48 | CA$0.80 | x |
| 2020-12-31 | CA$1.38 | CA$0.80 | x |
| 2021-12-31 | CA$0.80 | CA$0.80 | x |
| 2022-12-31 | CA$0.21 | CA$0.80 | x |
| 2023-12-31 | CA$0.07 | CA$0.80 | x |
| 2024-12-31 | CA$0.14 | CA$0.80 | x |
| 2025-12-31 | CA$0.15 | CA$0.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DIRTT Environmental Solutions Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -51.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.56%
- • Asset Turnover: 1.68x
- • Equity Multiplier: 3.59x
- Recent ROE (-51.61%) is below the historical average (-48.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -24.05% | -11.80% | 1.28x | 1.59x | CA$-21.93 Million |
| 2014 | 6.22% | 3.18% | 1.36x | 1.43x | CA$-3.12 Million |
| 2015 | 10.47% | 7.56% | 1.11x | 1.24x | CA$582.33K |
| 2016 | 4.00% | 2.73% | 1.14x | 1.28x | CA$-8.12 Million |
| 2017 | -4.40% | -2.53% | 1.29x | 1.35x | CA$-19.27 Million |
| 2018 | 1.76% | 0.84% | 1.47x | 1.43x | CA$-10.32 Million |
| 2019 | -3.52% | -1.77% | 1.41x | 1.40x | CA$-16.89 Million |
| 2020 | -9.70% | -6.59% | 0.94x | 1.57x | CA$-22.95 Million |
| 2021 | -79.20% | -36.36% | 0.74x | 2.94x | CA$-60.44 Million |
| 2022 | -305.49% | -31.93% | 1.20x | 7.98x | CA$-56.76 Million |
| 2023 | -205.38% | -8.02% | 1.46x | 17.51x | CA$-15.29 Million |
| 2024 | 34.68% | 8.47% | 1.47x | 2.78x | CA$10.51 Million |
| 2025 | -51.61% | -8.56% | 1.68x | 3.59x | CA$-17.55 Million |
Industry Comparison
This section compares DIRTT Environmental Solutions Ltd.'s net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $110,175,052
- Average return on equity (ROE) among peers: -18.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DIRTT Environmental Solutions Ltd. (DRT) | CA$28.48 Million | -24.05% | 2.59x | $111.02 Million |
| Aecon Group Inc. (ARE) | $102.96 Million | -40.43% | 3.42x | $1.96 Billion |
| AtkinsRealis Group Inc (ATRL) | $237.70 Million | 15.57% | 3.15x | $11.31 Billion |
| Badger Infrastructure Solutions Ltd (BDGI) | $69.30 Million | 28.36% | 0.91x | $1.91 Billion |
| Bird Construction Inc. (BDT) | $53.27 Million | 62.72% | 5.41x | $1.68 Billion |
| Minaean SP Construction Corp (MSP) | $792.49K | -150.68% | 0.81x | $6.16 Million |
| Global Power Solutions Corp. (PWER) | $-464.21K | 0.00% | 0.00x | $5.28 Million |
| Reco International Group Inc (RGI) | $344.66K | -112.19% | 2.00x | $359.06K |
| Stantec Inc (STN) | $26.30 Million | 16.35% | 1.02x | $10.26 Billion |
| WSP Global Inc (WSP) | $501.37 Million | 9.98% | 0.45x | $22.14 Billion |
About DIRTT Environmental Solutions Ltd.
DIRTT Environmental Solutions Ltd. engages in the industrialized construction business in the United States and Canada. The company designs and manufactures interior spaces; and offers ICE software, a platform that designs, visualizes, organizes, configures, prices, manufactures, assembles, and installs construction projects. It also provides solid, glass, combination, leaf folding, and headwalls… Read more