Flow Capital Corp (FW) - Net Assets
Based on the latest financial reports, Flow Capital Corp (FW) has net assets worth CA$36.99 Million CAD (≈ $26.76 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$84.72 Million ≈ $61.28 Million USD) and total liabilities (CA$47.73 Million ≈ $34.52 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 FW tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$36.99 Million |
| % of Total Assets | 43.66% |
| Annual Growth Rate | -2.14% |
| 5-Year Change | 58.44% |
| 10-Year Change | 11.36% |
| Growth Volatility | 32.04 |
Flow Capital Corp - Net Assets Trend (2015–2025)
This chart illustrates how Flow Capital Corp's net assets have evolved over time, based on quarterly financial data. See FW defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Flow Capital Corp (2015–2025)
The table below shows the annual net assets of Flow Capital Corp from 2015 to 2025. For live valuation and market cap data, see Flow Capital Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$36.99 Million ≈ $26.76 Million |
+0.25% |
| 2024-12-31 | CA$36.90 Million ≈ $26.69 Million |
-2.01% |
| 2023-12-31 | CA$37.65 Million ≈ $27.24 Million |
-1.27% |
| 2022-12-31 | CA$38.14 Million ≈ $27.59 Million |
+63.36% |
| 2021-12-31 | CA$23.35 Million ≈ $16.89 Million |
+29.91% |
| 2020-12-31 | CA$17.97 Million ≈ $13.00 Million |
+2.10% |
| 2019-12-31 | CA$17.60 Million ≈ $12.73 Million |
-43.55% |
| 2018-12-31 | CA$31.18 Million ≈ $22.55 Million |
+40.72% |
| 2017-12-31 | CA$22.16 Million ≈ $16.03 Million |
-33.29% |
| 2016-12-31 | CA$33.22 Million ≈ $24.03 Million |
-27.66% |
| 2015-12-31 | CA$45.92 Million ≈ $33.22 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Flow Capital Corp'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 1219292000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$52.18 Million | 141.06% |
| Total Equity | CA$36.99 Million | 100.00% |
Flow Capital Corp Competitors by Market Cap
The table below lists competitors of Flow Capital Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alumindo Light Metal Industry
JK:ALMI
|
$16.55 Million |
|
KB SPAC 5
KQ:208350
|
$16.55 Million |
|
Daesung Microbiological Labs. Co. Ltd
KQ:036480
|
$16.56 Million |
|
Edesa Holding SA
BA:EDSH
|
$16.56 Million |
|
Noxopharm Ltd
AU:NOX
|
$16.52 Million |
|
Modernland Realty Ltd Tbk
JK:MDLN
|
$16.52 Million |
|
INFLECTION RESOURCES LTD.
F:5VJ
|
$16.52 Million |
|
DistIT AB (publ)
ST:DIST
|
$16.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flow Capital Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 36,896,476 to 36,990,416, a change of 93,940 (0.3%).
- Net income of 947,703 contributed positively to equity growth.
- Share repurchases of 1,062,771 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$947.70K | +2.56% |
| Share Repurchases | CA$1.06 Million | -2.87% |
| Other Changes | CA$209.01K | +0.57% |
| Total Change | CA$- | 0.25% |
Book Value vs Market Value Analysis
This analysis compares Flow Capital Corp'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: 0.62x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.97x to 0.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.80 | CA$0.78 | x |
| 2018-12-31 | CA$0.72 | CA$0.78 | x |
| 2019-12-31 | CA$0.45 | CA$0.78 | x |
| 2020-12-31 | CA$0.56 | CA$0.78 | x |
| 2021-12-31 | CA$0.75 | CA$0.78 | x |
| 2022-12-31 | CA$1.22 | CA$0.78 | x |
| 2023-12-31 | CA$1.19 | CA$0.78 | x |
| 2024-12-31 | CA$1.20 | CA$0.78 | x |
| 2025-12-31 | CA$1.26 | CA$0.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flow Capital Corp 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): 2.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.20%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 2.29x
- Recent ROE (2.56%) is above the historical average (-4.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 11.25% | 43.32% | 0.18x | 1.41x | CA$575.51K |
| 2016 | -32.08% | 0.00% | -0.16x | 1.49x | CA$-13.98 Million |
| 2017 | -51.23% | 0.00% | -0.24x | 1.78x | CA$-13.57 Million |
| 2018 | 9.72% | 65.96% | 0.08x | 1.82x | CA$-87.82K |
| 2019 | -64.82% | -235.37% | 0.14x | 2.01x | CA$-13.17 Million |
| 2020 | 11.81% | 20.44% | 0.27x | 2.11x | CA$324.59K |
| 2021 | 23.97% | 80.81% | 0.16x | 1.89x | CA$3.26 Million |
| 2022 | 38.05% | 186.15% | 0.13x | 1.54x | CA$10.70 Million |
| 2023 | -0.98% | -6.89% | 0.08x | 1.69x | CA$-4.13 Million |
| 2024 | -2.31% | -9.16% | 0.13x | 1.95x | CA$-4.54 Million |
| 2025 | 2.56% | 7.20% | 0.16x | 2.29x | CA$-2.75 Million |
Industry Comparison
This section compares Flow Capital Corp's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,011,582,948
- Average return on equity (ROE) among peers: -10.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flow Capital Corp (FW) | CA$36.99 Million | 11.25% | 1.29x | $16.53 Million |
| Aberdeen International Inc. (AAB) | $28.67 Million | 6.52% | 0.06x | $3.49 Million |
| Base Carbon Inc. (BCBN) | $52.38 Million | -2.92% | 0.01x | $51.85 Million |
| Canadian Banc Corp (BK) | $96.27 Million | -14.26% | 1.14x | $553.04 Million |
| Brookfield Corporation (BN) | $3.91 Billion | 11.10% | 0.86x | $103.83 Billion |
| Sprott Physical Gold and Silver Trust (CEF) | $4.00 Billion | 0.12% | 0.00x | $8.45 Billion |
| Canadian General Investments Ltd (CGI) | $1.16 Billion | 15.01% | 0.15x | $792.26 Million |
| CI Financial Corp (CIX) | $59.93 Million | -102.52% | 3.85x | $3.32 Billion |
| Clairvest Group Inc. (CVG) | $399.46 Million | 9.71% | 0.19x | $752.28 Million |
| Cymbria Corporation (CYB) | $317.74 Million | 0.50% | 0.02x | $1.01 Billion |
| Dividend 15 Split Corp II (DF) | $95.46 Million | -26.30% | 2.63x | $161.85 Million |
About Flow Capital Corp
Flow Capital Corp. is a principal investment firm specializing in venture debt investments. Firm prefer to make growth oriented investments . Firm prefer to make sector Agnostic investment Focused on growth and technology The firm prefer to invest in U.S., U.K., and Canada based companies. The firm prefers to invest between $2 million to $10 million and revenue at least $3 million in the companie… Read more