Key figures for the selected year.
The model's causal graph for 2025. Inputs synthesize into the Economic Capital Ratio.
Impact on ECR in % points.
From the public annual report.
| Variable | × 1,000 USD |
|---|---|
| Assets, Current | 1,037,378 |
| Brokerage and Advisory Commissions | 12,666,310 |
| Commissions and Advisory Fees | 11,422,784 |
| Financial Securities | 1,792,064 |
| General and Administrative Expense | 577,224 |
| Goodwill And Intangible Assets | 5,975,511 |
| Interest Income | 231,616 |
| Labor Expense | 1,586,043 |
| Liabilities, Current | 0 |
Calculated by the valuation model.
| Variable | × 1,000 USD |
|---|---|
| Assets | -34.8 |
| Stockholders Equity | -65.4 |
| Payables | -9.94 |
| ECR before LimitedLiability | -37.3 |
| Goodwill And Intangible Assets | 8.36 |
| Receivables | 14.6 |
| Assets, Current | -15.3 |
| Other Assets | -33.4 |
| Expenses | -45.6 |
| Net Income | -8.75 |
| Commissions and Advisory Fees | -47.2 |
| Revenues | 35.6 |
| Other Revenues | 10.5 |
| Revenue from Contract with Customer | -9.59 |
| Brokerage and Advisory Commissions | 36.5 |
| Liabilities, Current | 31.4 |
| Long-term Liabilities | -33.5 |
| Securities Repurchase Agreements | 14.3 |
| Other Net Income | -12.6 |
| Comprehensive Net Income | -8.57 |
| Economic Capital Ratio | -42.0 |
Charts generated by the RealRate valuation model for this report year.
Distribution of each variable's impact on financial strength — green strengthens, red weakens.
How the company's key drivers have shifted across years.
Model-forecast valuation vs. observed market value.
