Polaris Infrastructure Inc (PIF) - Net Assets

Latest as of September 2025: CA$240.50 Million CAD ≈ $173.97 Million USD

Based on the latest financial reports, Polaris Infrastructure Inc (PIF) has net assets worth CA$240.50 Million CAD (≈ $173.97 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$549.69 Million ≈ $397.64 Million USD) and total liabilities (CA$309.19 Million ≈ $223.66 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 PIF financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$240.50 Million
% of Total Assets 43.75%
Annual Growth Rate 32.4%
5-Year Change 14.45%
10-Year Change 27.91%
Growth Volatility 10966.26

Polaris Infrastructure Inc - Net Assets Trend (2000–2024)

This chart illustrates how Polaris Infrastructure Inc's net assets have evolved over time, based on quarterly financial data. Also explore PIF total assets for the complete picture of this company's asset base.

Annual Net Assets for Polaris Infrastructure Inc (2000–2024)

The table below shows the annual net assets of Polaris Infrastructure Inc from 2000 to 2024. For live valuation and market cap data, see Polaris Infrastructure Inc stock valuation.

Year Net Assets Change
2024-12-31 CA$259.53 Million
≈ $187.74 Million		 -3.86%
2023-12-31 CA$269.93 Million
≈ $195.26 Million		 -0.10%
2022-12-31 CA$270.21 Million
≈ $195.47 Million		 +3.60%
2021-12-31 CA$260.82 Million
≈ $188.68 Million		 +15.02%
2020-12-31 CA$226.77 Million
≈ $164.04 Million		 +9.43%
2019-12-31 CA$207.23 Million
≈ $149.90 Million		 +4.42%
2018-12-31 CA$198.45 Million
≈ $143.56 Million		 +6.00%
2017-12-31 CA$187.21 Million
≈ $135.42 Million		 -3.83%
2016-12-31 CA$194.66 Million
≈ $140.81 Million		 -4.06%
2015-12-31 CA$202.89 Million
≈ $146.77 Million		 +46.38%
2014-12-31 CA$138.61 Million
≈ $100.27 Million		 -14.66%
2013-12-31 CA$162.42 Million
≈ $117.49 Million		 -23.49%
2012-12-31 CA$212.28 Million
≈ $153.56 Million		 -19.13%
2011-12-31 CA$262.50 Million
≈ $189.89 Million		 -25.52%
2010-12-31 CA$352.45 Million
≈ $254.96 Million		 +3.12%
2009-12-31 CA$341.78 Million
≈ $247.24 Million		 +49105.66%
2008-12-31 CA$694.60K
≈ $502.46K		 -27.33%
2007-12-31 CA$955.89K
≈ $691.47K		 +140.17%
2006-12-31 CA$398.00K
≈ $287.91K		 +228.00%
2005-12-31 CA$-310.94K
≈ $-224.93K		 +44.97%
2004-12-31 CA$-565.01K
≈ $-408.72K		 -9.95%
2003-12-31 CA$-513.88K
≈ $-371.73K		 -69.55%
2002-12-31 CA$-303.09K
≈ $-219.25K		 -15.39%
2001-12-31 CA$-262.67K
≈ $-190.01K		 -185.18%
2000-12-31 CA$308.37K
≈ $223.07K		 --

Equity Component Analysis

This analysis shows how different components contribute to Polaris Infrastructure 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 decreased by 41701009082.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CA$666.38 Million 256.55%
Other Components CA$14.09 Million 5.43%
Total Equity CA$259.75 Million 100.00%

Polaris Infrastructure Inc Competitors by Market Cap

The table below lists competitors of Polaris Infrastructure Inc ranked by their market capitalization.

Company Market Cap
Anterogen.Co.Ltd
KQ:065660
 $194.04 Million
Dynamic Cables Limited
NSE:DYCL
 $194.13 Million
AgriFORCE Growing Systems Ltd
NASDAQ:AGRI
 $194.14 Million
Hong Leong Capital Bhd
KLSE:5274
 $194.17 Million
Solara Active Pharma Sciences Limited
NSE:SOLARA
 $193.95 Million
Michlol Finance Ltd
TA:MCLL
 $193.91 Million
Greenx Metals Ltd
AU:GRX
 $193.85 Million
India Nippon Electricals Limited
NSE:INDNIPPON
 $193.77 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Polaris Infrastructure Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 269,342,000 to 259,747,000, a change of -9,595,000 (-3.6%).
  • Net income of 2,990,000 contributed positively to equity growth.
  • Dividend payments of 12,643,000 reduced retained earnings.
  • Share repurchases of 213,000 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$2.99 Million +1.15%
Dividends Paid CA$12.64 Million -4.87%
Share Repurchases CA$213.00K -0.08%
Other Changes CA$271.00K +0.1%
Total Change CA$- -3.56%

Book Value vs Market Value Analysis

This analysis compares Polaris Infrastructure 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: 1.05x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.01x to 1.05x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 CA$969.70 CA$12.78 x
2001-12-31 CA$-826.01 CA$12.78 x
2002-12-31 CA$-953.10 CA$12.78 x
2003-12-31 CA$-1615.98 CA$12.78 x
2004-12-31 CA$-1776.75 CA$12.78 x
2005-12-31 CA$-977.80 CA$12.78 x
2006-12-31 CA$1251.58 CA$12.78 x
2007-12-31 CA$2265.14 CA$12.78 x
2008-12-31 CA$1645.97 CA$12.78 x
2009-12-31 CA$6441.15 CA$12.78 x
2010-12-31 CA$4462.82 CA$12.78 x
2011-12-31 CA$2102.71 CA$12.78 x
2012-12-31 CA$1408.73 CA$12.78 x
2013-12-31 CA$1084.56 CA$12.78 x
2014-12-31 CA$746.68 CA$12.78 x
2015-12-31 CA$20.46 CA$12.78 x
2016-12-31 CA$12.48 CA$12.78 x
2017-12-31 CA$11.95 CA$12.78 x
2018-12-31 CA$12.04 CA$12.78 x
2019-12-31 CA$12.81 CA$12.78 x
2020-12-31 CA$13.52 CA$12.78 x
2021-12-31 CA$13.82 CA$12.78 x
2022-12-31 CA$13.38 CA$12.78 x
2023-12-31 CA$12.78 CA$12.78 x
2024-12-31 CA$12.16 CA$12.78 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Polaris Infrastructure 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): 1.15%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.95%
  • • Asset Turnover: 0.11x
  • • Equity Multiplier: 2.55x
  • Recent ROE (1.15%) is above the historical average (-6.82%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 -6.98% 0.00% 0.00x 2.29x CA$-52.37K
2001 0.00% 0.00% 0.00x 0.00x CA$-532.05K
2002 0.00% 0.00% 0.00x 0.00x CA$10.92K
2003 0.00% 0.00% 0.00x 0.00x CA$-125.42K
2004 0.00% 0.00% 0.00x 0.00x CA$-6.29K
2005 0.00% 0.00% 0.00x 0.00x CA$483.94K
2006 -16.69% 0.00% 0.00x 1.03x CA$-106.23K
2007 -4.60% 0.00% 0.00x 1.02x CA$-139.59K
2008 -6.24% 0.00% 0.00x 1.02x CA$-112.81K
2009 -10.97% -689.68% 0.02x 1.05x CA$-71.52 Million
2010 -4.80% -394.56% 0.01x 1.37x CA$-52.09 Million
2011 -57.73% -3393.88% 0.01x 1.95x CA$-177.51 Million
2012 -28.38% -214.28% 0.06x 2.39x CA$-81.32 Million
2013 -31.25% -109.72% 0.10x 2.82x CA$-66.93 Million
2014 -17.81% -51.21% 0.11x 3.05x CA$-38.53 Million
2015 -18.46% -74.77% 0.12x 2.05x CA$-57.80 Million
2016 -2.19% -7.80% 0.13x 2.10x CA$-23.75 Million
2017 0.89% 2.77% 0.15x 2.17x CA$-17.10 Million
2018 8.64% 24.96% 0.15x 2.35x CA$-2.70 Million
2019 6.93% 20.34% 0.15x 2.22x CA$-6.43 Million
2020 12.61% 38.60% 0.15x 2.15x CA$5.97 Million
2021 0.19% 0.84% 0.12x 1.91x CA$-25.77 Million
2022 0.93% 3.99% 0.12x 1.98x CA$-24.47 Million
2023 4.36% 14.96% 0.15x 1.93x CA$-15.19 Million
2024 1.15% 3.95% 0.11x 2.55x CA$-22.98 Million

Industry Comparison

This section compares Polaris Infrastructure Inc's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $5,376,947,311
  • Average return on equity (ROE) among peers: 5.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Polaris Infrastructure Inc (PIF) CA$240.50 Million -6.98% 1.29x $193.99 Million
Brookfield Renewable Partners L.P (BEP-UN) $36.46 Billion -0.60% 1.60x $10.04 Billion
Boralex Inc (BLX) $363.89 Million 5.60% 0.71x $2.74 Billion
Greenbriar Capital Corp (GRB) $5.61 Million 57.56% 0.68x $13.30 Million
Innergex Renewable Energy Inc. (INE) $562.23 Million -9.76% 3.83x $2.01 Billion
Northland Power Inc. (NPI) $227.35 Million 8.43% 0.43x $4.39 Billion
RE Royalties Ltd (RE) $17.09 Million -10.60% 2.16x $10.98 Million
Synex International Inc. (SXI) $6.47 Million -14.07% 2.08x $8.66 Million

About Polaris Infrastructure Inc

TO:PIF Canada Utilities - Renewable
Market Cap
$193.99 Million
CA$268.18 Million CAD
Market Cap Rank
#16652 Global
#514 in Canada
Share Price
CA$12.78
Change (1 day)
-0.31%
52-Week Range
CA$11.46 - CA$14.05
All Time High
CA$21.06
Categories
Companies in Canada Utilities - Renewable
About

Polaris Renewable Energy Inc. engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America and the Caribbean. It operates 82 megawatts (MW) capacity geothermal facility in Nicaragua; 3 run-of-river hydroelectric facilities with combined capacity of approximately 33 MW in Peru; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-o… Read more