Digi Power X Inc. (DGX) - Net Assets

Latest as of September 2025: CA$44.16 Million CAD ≈ $31.94 Million USD

Based on the latest financial reports, Digi Power X Inc. (DGX) has net assets worth CA$44.16 Million CAD (≈ $31.94 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$51.27 Million ≈ $37.09 Million USD) and total liabilities (CA$7.11 Million ≈ $5.15 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 DGX financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$44.16 Million
% of Total Assets	86.13%
Annual Growth Rate	-16.86%
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	26.35

Digi Power X Inc. - Net Assets Trend (2021–2024)

This chart illustrates how Digi Power X Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore DGX asset base for the complete picture of this company's asset base.

Annual Net Assets for Digi Power X Inc. (2021–2024)

The table below shows the annual net assets of Digi Power X Inc. from 2021 to 2024. For live valuation and market cap data, see DGX market cap.

Year	Net Assets	Change
2024-12-31	CA$21.98 Million ≈ $15.90 Million	-24.84%
2023-12-31	CA$29.25 Million ≈ $21.16 Million	-38.00%
2022-12-31	CA$47.17 Million ≈ $34.13 Million	+23.30%
2021-12-31	CA$38.26 Million ≈ $27.68 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Digi Power X 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 2441505100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CA$55.00 Million	253.42%
Total Equity	CA$21.70 Million	100.00%

Digi Power X Inc. Competitors by Market Cap

The table below lists competitors of Digi Power X Inc. ranked by their market capitalization.

Company	Market Cap
Shuttle Inc TW:2405	$179.07 Million
Kuen Chaang Uppertech TWO:6265	$179.08 Million
Marblegate Acquisition Corp NASDAQ:GATE	$179.10 Million
Radcom Ltd NASDAQ:RDCM	$179.15 Million
Holmes Place International Ltd TA:HLMS	$178.96 Million
Coveo Solutions Inc TO:CVO	$178.95 Million
Franklin Covey Company NYSE:FC	$178.89 Million
Vizsla Royalties Corp. V:VROY	$178.88 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 29,246,739 to 21,702,575, a change of -7,544,164 (-25.8%).
Net loss of 6,797,718 reduced equity.
New share issuances of 4,006,157 increased equity.
Other factors decreased equity by 4,752,603.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-6.80 Million	-31.32%
Share Issuances	CA$4.01 Million	+18.46%
Other Changes	CA$-4.75 Million	-21.9%
Total Change	CA$-	-25.79%

Book Value vs Market Value Analysis

This analysis compares Digi Power X 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: 5.77x
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 2.47x to 5.77x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2021-12-31	CA$1.53	CA$3.79	x
2022-12-31	CA$1.69	CA$3.79	x
2023-12-31	CA$1.01	CA$3.79	x
2024-12-31	CA$0.66	CA$3.79	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Digi Power X 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): -31.32%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -18.37%
• Asset Turnover: 1.08x
• Equity Multiplier: 1.58x
Recent ROE (-31.32%) is below the historical average (-26.29%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2021	-8.19%	-12.55%	0.31x	2.09x	CA$-6.96 Million
2022	9.18%	17.90%	0.46x	1.11x	CA$-388.16K
2023	-74.83%	-83.81%	0.62x	1.44x	CA$-24.81 Million
2024	-31.32%	-18.37%	1.08x	1.58x	CA$-8.97 Million

Industry Comparison

This section compares Digi Power X Inc.'s net assets metrics with peer companies in the Utilities - Independent Power Producers industry.

Industry Context

Industry: Utilities - Independent Power Producers
Average net assets among peers: $2,170,021,266
Average return on equity (ROE) among peers: -31.77%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Digi Power X Inc. (DGX)	CA$44.16 Million	-8.19%	0.16x	$179.06 Million
Capital Power Corporation (CPX)	$3.10 Billion	4.03%	1.78x	$7.40 Billion
Maxim Power Corp. (MXG)	$2.06 Million	-104.66%	0.17x	$202.40 Million
TransAlta Corp (TA)	$3.41 Billion	5.31%	1.87x	$4.04 Billion

About Digi Power X Inc.

V:DGX Canada Utilities - Independent Power Producers

Market Cap

$179.06 Million

CA$247.53 Million CAD

Market Cap Rank

#17080 Global

#539 in Canada

Share Price

CA$3.79

Change (1 day)

+5.28%

52-Week Range

CA$1.75 - CA$8.89

All Time High

CA$8.89