Global Masters Fund Ltd Net Assets
Global Masters Fund Ltd net assets. Based on the latest financial reports, Global Masters Fund Ltd (GFL) has net assets worth AU$40.77 Million AUD (≈ $28.85 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$58.46 Million ≈ $41.37 Million USD) and total liabilities (AU$17.70 Million ≈ $12.52 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. Also explore GFL year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$40.77 Million |
| % of Total Assets | 69.73% |
| Annual Growth Rate | 6.3% |
| 5-Year Change | 56.51% |
| 10-Year Change | 173.15% |
| Growth Volatility | 353119.72 |
Net Assets of Global Masters Fund Ltd (2000–2026)
Net assets of Global Masters Fund Ltd from 2000 to 2026. This chart illustrates how Global Masters Fund Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Global Masters Fund Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Global Masters Fund Ltd (2000–2026)
The table below shows the annual net assets of Global Masters Fund Ltd from 2000 to 2026. For live market cap and overall valuation, see how much is Global Masters Fund Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | AU$40.77 Million ≈ $28.85 Million |
-6.64% |
| 2025-06-30 | AU$43.67 Million ≈ $30.90 Million |
+19.50% |
| 2024-06-30 | AU$36.54 Million ≈ $25.86 Million |
+14.63% |
| 2023-06-30 | AU$31.88 Million ≈ $22.56 Million |
+22.39% |
| 2022-06-30 | AU$26.05 Million ≈ $18.43 Million |
-3.82% |
| 2021-06-30 | AU$27.08 Million ≈ $19.16 Million |
+29.92% |
| 2020-06-30 | AU$20.85 Million ≈ $14.75 Million |
-7.47% |
| 2019-06-30 | AU$22.53 Million ≈ $15.94 Million |
+7.31% |
| 2018-06-30 | AU$20.99 Million ≈ $14.85 Million |
+40.66% |
| 2017-06-30 | AU$14.93 Million ≈ $10.56 Million |
+10.51% |
| 2016-06-30 | AU$13.51 Million ≈ $9.56 Million |
+5.00% |
| 2015-06-30 | AU$12.86 Million ≈ $9.10 Million |
+13.29% |
| 2014-06-30 | AU$11.35 Million ≈ $8.03 Million |
+11.98% |
| 2013-06-30 | AU$10.14 Million ≈ $7.17 Million |
+31.12% |
| 2012-06-30 | AU$7.73 Million ≈ $5.47 Million |
+2.72% |
| 2011-06-30 | AU$7.53 Million ≈ $5.33 Million |
-17.66% |
| 2010-06-30 | AU$9.14 Million ≈ $6.47 Million |
-14.90% |
| 2009-06-30 | AU$10.74 Million ≈ $7.60 Million |
-21.70% |
| 2008-06-30 | AU$13.72 Million ≈ $9.71 Million |
-11.85% |
| 2007-06-30 | AU$15.57 Million ≈ $11.01 Million |
-8.19% |
| 2006-06-30 | AU$16.95 Million ≈ $12.00 Million |
+1695255.70% |
| 2005-06-30 | AU$1.00K ≈ $707.56 |
-99.99% |
| 2000-06-30 | AU$8.32 Million ≈ $5.89 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Global Masters Fund Ltd'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 268530500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Global Masters Fund Ltd Net Assets Breakdown (June 2026)
Global Masters Fund Ltd net assets breakdown by equity component as of June 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$14.52 Million | 35.60% |
| Other Comprehensive Income | AU$28.94 Million | 70.98% |
| Total Equity | AU$40.77 Million | 100.00% |
Global Masters Fund Ltd Competitors by Market Cap
The table below lists competitors of Global Masters Fund Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grande Group Limited Class A Ordinary Shares
NASDAQ:GRAN
|
$23.89 Million |
|
ECO WAVE POW.GL. SP.ADR/8
F:1KW0
|
$23.91 Million |
|
Amoeba SA
PA:ALMIB
|
$23.92 Million |
|
N.D. Rubber Public Company Limited
BK:NDR
|
$23.92 Million |
|
Brookside Energy Ltd
AU:BRK
|
$23.86 Million |
|
Caesarstone Ltd
NASDAQ:CSTE
|
$23.86 Million |
|
Euro Yatirim Holding AS
IS:EUHOL
|
$23.85 Million |
|
Tura Group AB
ST:TURA
|
$23.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Masters Fund Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 43,669,599 to 40,768,022, a change of -2,901,577 (-6.6%).
- Net loss of 1,311,099 reduced equity.
- Other comprehensive income increased equity by 27,861,368.
- Other factors decreased equity by 29,451,846.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.31 Million | -3.22% |
| Other Comprehensive Income | AU$27.86 Million | +68.34% |
| Other Changes | AU$-29.45 Million | -72.24% |
| Total Change | AU$- | -6.64% |
Book Value vs Market Value Analysis
This analysis compares Global Masters Fund Ltd'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: 0.82x
- 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 24.93x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-06-30 | AU$0.12 | AU$2.99 | x |
| 2006-06-30 | AU$0.39 | AU$2.99 | x |
| 2007-06-30 | AU$0.94 | AU$2.99 | x |
| 2008-06-30 | AU$0.92 | AU$2.99 | x |
| 2009-06-30 | AU$0.85 | AU$2.99 | x |
| 2010-06-30 | AU$1.06 | AU$2.99 | x |
| 2011-06-30 | AU$0.87 | AU$2.99 | x |
| 2012-06-30 | AU$0.90 | AU$2.99 | x |
| 2013-06-30 | AU$1.18 | AU$2.99 | x |
| 2014-06-30 | AU$1.32 | AU$2.99 | x |
| 2015-06-30 | AU$1.49 | AU$2.99 | x |
| 2016-06-30 | AU$1.57 | AU$2.99 | x |
| 2017-06-30 | AU$1.73 | AU$2.99 | x |
| 2018-06-30 | AU$2.10 | AU$2.99 | x |
| 2019-06-30 | AU$2.10 | AU$2.99 | x |
| 2020-06-30 | AU$1.94 | AU$2.99 | x |
| 2021-06-30 | AU$2.53 | AU$2.99 | x |
| 2022-06-30 | AU$2.43 | AU$2.99 | x |
| 2023-06-30 | AU$2.97 | AU$2.99 | x |
| 2024-06-30 | AU$3.41 | AU$2.99 | x |
| 2025-06-30 | AU$4.06 | AU$2.99 | x |
| 2026-06-30 | AU$3.65 | AU$2.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Masters Fund Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.00x
- • Equity Multiplier: 1.43x
- Recent ROE (-3.22%) is below the historical average (-0.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 2.42% | 0.00% | 0.00x | 1.05x | AU$-630.51K |
| 2006 | 0.73% | 51.93% | 0.01x | 1.01x | AU$-1.57 Million |
| 2007 | 0.13% | 6.70% | 0.02x | 1.01x | AU$-1.54 Million |
| 2008 | -0.88% | -121.86% | 0.01x | 1.00x | AU$-1.49 Million |
| 2009 | -1.07% | -111.30% | 0.01x | 1.00x | AU$-1.19 Million |
| 2010 | -2.07% | 0.00% | -0.01x | 1.04x | AU$-1.10 Million |
| 2011 | -1.28% | -188.81% | 0.01x | 1.00x | AU$-849.40K |
| 2012 | -3.80% | -2525.27% | 0.00x | 1.00x | AU$-1.07 Million |
| 2013 | -0.37% | -34.36% | 0.01x | 1.04x | AU$-1.05 Million |
| 2014 | 0.63% | 28.37% | 0.02x | 1.08x | AU$-1.06 Million |
| 2015 | 0.12% | 8.48% | 0.01x | 1.11x | AU$-1.27 Million |
| 2016 | 0.01% | 0.54% | 0.01x | 1.12x | AU$-1.35 Million |
| 2017 | 0.46% | 19.74% | 0.02x | 1.13x | AU$-1.42 Million |
| 2018 | -0.60% | -95.96% | 0.01x | 1.12x | AU$-2.23 Million |
| 2019 | 0.00% | -0.11% | 0.01x | 1.16x | AU$-2.25 Million |
| 2020 | 0.33% | 21.05% | 0.01x | 1.14x | AU$-2.02 Million |
| 2021 | 3.45% | 57.34% | 0.05x | 1.20x | AU$-1.77 Million |
| 2022 | -4.66% | 0.00% | -0.04x | 1.48x | AU$-3.82 Million |
| 2023 | -1.94% | 0.00% | -0.01x | 1.48x | AU$-3.81 Million |
| 2024 | -3.75% | 0.00% | 0.00x | 1.49x | AU$-5.02 Million |
| 2025 | 1.73% | 133.96% | 0.01x | 1.47x | AU$-3.61 Million |
| 2026 | -3.22% | 0.00% | 0.00x | 1.43x | AU$-5.39 Million |
Industry Comparison
This section compares Global Masters Fund Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $338,452,060
- Average return on equity (ROE) among peers: -3.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Masters Fund Ltd (GFL) | AU$40.77 Million | 2.42% | 0.43x | $23.87 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $97.27 Million | 3.12% | 0.02x | $50.39 Million |
| Australian Ethical Investment Ltd (AEF) | $6.27 Million | 21.73% | 0.32x | $372.91 Million |
| Australian Foundation Investment Company Ltd (AFI) | $943.61 Million | 6.18% | 0.12x | $6.05 Billion |
| Alternative Investment Trust (AIQ) | $36.94 Million | 21.66% | 0.11x | $33.20 Million |
| Argo Global Listed Infrastructure Ltd (ALI) | $500.53 Million | 7.90% | 0.06x | $329.25 Million |
| Amcil Ltd (AMH) | $355.23 Million | 2.11% | 0.12x | $193.61 Million |
| Associate Global Partners Ltd (APL) | $17.01 Million | -0.22% | 0.90x | $11.51 Million |
| Ariadne Australia Ltd (ARA) | $97.84 Million | -68.65% | 2.50x | $64.62 Million |
| ARC Funds Ltd (ARC) | $2.07 Million | -35.80% | 0.05x | $2.55 Million |
| Argo Investments Ltd (ARG) | $1.33 Billion | 4.97% | 0.15x | $5.02 Billion |
About Global Masters Fund Ltd
Global Masters Fund Limited is a close ended equity mutual fund launched and managed by Growth Equities Corporation Ltd. The fund invests in the stocks of Berkshire Hathaway Inc. Global Masters Fund Limited is domiciled in Australia.