Neptune Digital Assets Corp (NDA) - Net Assets
Based on the latest financial reports, Neptune Digital Assets Corp (NDA) has net assets worth CA$61.14 Million CAD (≈ $44.23 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$74.64 Million ≈ $54.00 Million USD) and total liabilities (CA$13.51 Million ≈ $9.77 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 Neptune Digital Assets Corp (NDA) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$61.14 Million |
| % of Total Assets | 81.91% |
| Annual Growth Rate | 73.93% |
| 5-Year Change | 32.91% |
| 10-Year Change | N/A |
| Growth Volatility | 520.24 |
Neptune Digital Assets Corp - Net Assets Trend (2019–2025)
This chart illustrates how Neptune Digital Assets Corp's net assets have evolved over time, based on quarterly financial data. See how many days can Neptune Digital Assets Corp fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Neptune Digital Assets Corp (2019–2025)
The table below shows the annual net assets of Neptune Digital Assets Corp from 2019 to 2025. For live valuation and market cap data, see Neptune Digital Assets Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | CA$71.65 Million ≈ $51.83 Million |
+43.63% |
| 2024-08-31 | CA$49.88 Million ≈ $36.09 Million |
+54.53% |
| 2023-08-31 | CA$32.28 Million ≈ $23.35 Million |
-8.17% |
| 2022-08-31 | CA$35.15 Million ≈ $25.43 Million |
-34.79% |
| 2021-08-31 | CA$53.91 Million ≈ $39.00 Million |
+1412.05% |
| 2020-08-31 | CA$3.57 Million ≈ $2.58 Million |
+37.88% |
| 2019-08-31 | CA$2.59 Million ≈ $1.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Neptune Digital Assets 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 2470232700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$122.79 Million | 171.38% |
| Total Equity | CA$71.65 Million | 100.00% |
Neptune Digital Assets Corp Competitors by Market Cap
The table below lists competitors of Neptune Digital Assets Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Phoenix Enterprise Group Co Ltd B
SHG:900916
|
$67.78 Million |
|
Lautan Luas Tbk
JK:LTLS
|
$67.80 Million |
|
3REN Berhad
KLSE:0328
|
$67.80 Million |
|
Chumporn Palm Oil Industry Public Company Limited
BK:CPI
|
$67.84 Million |
|
Lu Hai Holding Corp
TW:2115
|
$67.74 Million |
|
Grodno S.A.
WAR:GRN
|
$67.73 Million |
|
Adex Mining Inc
V:ADE
|
$67.72 Million |
|
GAMING INNOVATION DL 1
F:GI11
|
$67.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neptune Digital Assets Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 49,884,543 to 71,648,422, a change of 21,763,879 (43.6%).
- Net income of 367,572 contributed positively to equity growth.
- Share repurchases of 139,966 reduced equity.
- Other factors increased equity by 21,536,273.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$367.57K | +0.51% |
| Share Repurchases | CA$139.97K | -0.2% |
| Other Changes | CA$21.54 Million | +30.06% |
| Total Change | CA$- | 43.63% |
Book Value vs Market Value Analysis
This analysis compares Neptune Digital Assets 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: 1.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 22.79x to 1.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-08-31 | CA$0.03 | CA$0.73 | x |
| 2020-08-31 | CA$0.04 | CA$0.73 | x |
| 2021-08-31 | CA$0.43 | CA$0.73 | x |
| 2022-08-31 | CA$0.28 | CA$0.73 | x |
| 2023-08-31 | CA$0.26 | CA$0.73 | x |
| 2024-08-31 | CA$0.39 | CA$0.73 | x |
| 2025-08-31 | CA$0.56 | CA$0.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neptune Digital Assets Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.63%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.22x
- Recent ROE (0.51%) is above the historical average (-34.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -168.67% | -2155.73% | 0.07x | 1.09x | CA$-4.62 Million |
| 2020 | 4.57% | 109.31% | 0.04x | 1.07x | CA$-193.57K |
| 2021 | -3.78% | -567.42% | 0.01x | 1.01x | CA$-7.43 Million |
| 2022 | -59.95% | -502.45% | 0.12x | 1.03x | CA$-24.59 Million |
| 2023 | -15.88% | -176.60% | 0.09x | 1.02x | CA$-8.35 Million |
| 2024 | 3.12% | 64.68% | 0.05x | 1.02x | CA$-3.43 Million |
| 2025 | 0.51% | 20.63% | 0.02x | 1.22x | CA$-6.80 Million |
Industry Comparison
This section compares Neptune Digital Assets Corp's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $42,533,736
- Average return on equity (ROE) among peers: -20.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neptune Digital Assets Corp (NDA) | CA$61.14 Million | -168.67% | 0.22x | $67.74 Million |
| BlockMint Technologies Inc (BKMT) | $-37.18K | 0.00% | 0.00x | $1.05 Million |
| Bitcoin Well Inc (BTCW) | $-9.15 Million | 0.00% | 0.00x | $10.25 Million |
| Cathedra Bitcoin Inc (CBIT) | $43.80 Million | 1.54% | 0.63x | $2.35 Million |
| Canaccord Genuity Group Inc (CF) | $372.19 Million | 25.11% | 6.01x | $1.09 Billion |
| CryptoStar Corp (CSTR) | $3.68 Million | -124.73% | 1.05x | $3.37 Million |
| Currency Exchange International Corp (CXI) | $16.23 Million | 16.75% | 0.12x | $122.34 Million |
| DeFi Technologies Inc. (DEFI) | $-1.17 Million | 0.00% | 0.00x | $209.35 Million |
| DelphX Capital Markets Inc (DELX) | $142.51K | -119.24% | 0.31x | $4.10 Million |
| Digihost Technology Inc (DGHI) | $-274.71K | 0.00% | 0.00x | $48.56 Million |
| Dmg Blockchain Solutions Inc (DMGI) | $-70.68K | 0.00% | 0.00x | $94.29 Million |
About Neptune Digital Assets Corp
Neptune Digital Assets Corp. builds, owns, and operates infrastructure supporting the digital currency ecosystem in Canada and the United States. The company stakes and lends various digital currencies. It also engages in the Bitcoin mining, blockchain staking, and node management to earn digital currency staking rewards; and decentralized finance activities, as well as participates in liquidity … Read more