Xanadu Quantum Technologies Limited (XNDU) - Net Assets
Based on the latest financial reports, Xanadu Quantum Technologies Limited (XNDU) has net assets worth CA$43.41 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$87.34 Million) and total liabilities (CA$43.94 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$43.41 Million |
| % of Total Assets | 49.69% |
| Annual Growth Rate | -33.61% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Xanadu Quantum Technologies Limited - Net Assets Trend (2023–2024)
This chart illustrates how Xanadu Quantum Technologies Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Xanadu Quantum Technologies Limited (2023–2024)
The table below shows the annual net assets of Xanadu Quantum Technologies Limited from 2023 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$87.50 Million | -33.67% |
| 2023-12-31 | CA$131.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xanadu Quantum Technologies Limited'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 4596800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$223.13 Million | 255.02% |
| Total Equity | CA$87.50 Million | 100.00% |
Xanadu Quantum Technologies Limited Competitors by Market Cap
The table below lists competitors of Xanadu Quantum Technologies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eikon Therapeutics, Inc. Common Stock
NASDAQ:EIKN
|
$900.00 |
|
TOYOBO
DU:TO7
|
$900.21 |
|
PEXZD
OTCQB:PEXZD
|
$900.40 |
|
Gaussin SA
MU:1KK1
|
$901.67 |
|
ITUB3F
SA:ITUB3F
|
$899.66 |
|
BICL39
SA:BICL39
|
$897.70 |
|
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares
NASDAQ:XNDU
|
$896.00 |
|
DREAM INDUSTR.R.E.I.TR.
F:6MS
|
$895.89 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xanadu Quantum Technologies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 131,899,000 to 87,495,000, a change of -44,404,000 (-33.7%).
- Net loss of 45,968,000 reduced equity.
- Other factors increased equity by 1,564,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-45.97 Million | -52.54% |
| Other Changes | CA$1.56 Million | +1.79% |
| Total Change | CA$- | -33.67% |
Book Value vs Market Value Analysis
This analysis compares Xanadu Quantum Technologies Limited'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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Xanadu Quantum Technologies Limited 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): -52.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2892.89%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.33x
- Recent ROE (-52.54%) is below the historical average (-39.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -26.98% | -1435.74% | 0.02x | 1.14x | CA$-48.78 Million |
| 2024 | -52.54% | -2892.89% | 0.01x | 1.33x | CA$-54.72 Million |
Industry Comparison
This section compares Xanadu Quantum Technologies Limited's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $-1,608,830
- Average return on equity (ROE) among peers: -4055.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xanadu Quantum Technologies Limited (XNDU) | CA$43.41 Million | -26.98% | 1.01x | $899.89 |
| "Clip Money Inc." (CLIP) | $38.34K | -14323.95% | 0.84x | $17.46 Million |
| CyberCatch Holdings Inc. (CYBE) | $674.96K | -1897.59% | 2.85x | $25.47 Million |
| The FUTR Corporation (FTRC) | $-4.13 Million | 0.00% | 0.00x | $23.86 Million |
| Turnium Technology Group Inc. (TTGI) | $-3.01 Million | 0.00% | 0.00x | $9.61 Million |
About Xanadu Quantum Technologies Limited
Xanadu Quantum Technologies Limited develops and provides photonic quantum computing hardware and software platforms, including cloud-based access to quantum computers and tools for quantum programming and simulation. The company provides access to photonic quantum computers through x-series devices available via the cloud, supporting programmable quantum gates and photon-number resolving detecto… Read more