KKR Credit Income Fund
KKR Credit Income Fund operates in various business sectors.
KKR Credit Income Fund (KKC) - Net Assets
Latest net assets as of June 2025: AU$790.75 Million AUD
Based on the latest financial reports, KKR Credit Income Fund (KKC) has net assets worth AU$790.75 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$826.22 Million) and total liabilities (AU$35.48 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$790.75 Million |
| % of Total Assets | 95.71% |
| Annual Growth Rate | -0.88% |
| 5-Year Change | -12.69% |
| 10-Year Change | N/A |
| Growth Volatility | 9.63 |
KKR Credit Income Fund - Net Assets Trend (2019–2024)
This chart illustrates how KKR Credit Income Fund's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KKR Credit Income Fund (2019–2024)
The table below shows the annual net assets of KKR Credit Income Fund from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$790.75 Million | -0.57% |
| 2023-12-31 | AU$795.26 Million | +4.38% |
| 2022-12-31 | AU$761.87 Million | +3.22% |
| 2021-12-31 | AU$738.12 Million | -18.50% |
| 2020-12-31 | AU$905.68 Million | +9.60% |
| 2019-12-31 | AU$826.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to KKR Credit Income Fund'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$790.75 Million | 100.00% |
| Total Equity | AU$790.75 Million | 100.00% |
KKR Credit Income Fund Competitors by Market Cap
The table below lists competitors of KKR Credit Income Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petroleum Mechanical JSC
VN:PMS
|
$12.95K |
|
Sangsangin No. 3 Special Purpose Acquisition Co.
KO:415580
|
$12.96K |
|
CARLT.INV. 7% CUM PF
AU:CINPA
|
$12.97K |
|
Handysoft Co. Ltd.
KO:220180
|
$12.98K |
|
The Generation Essentials Group
NYSE:TGE
|
$12.93K |
|
Moorim Paper Co. Ltd.
KQ:009200
|
$12.93K |
|
Pintel Co. Ltd.
KO:291810
|
$12.91K |
|
Rights and Issues Investment Trust Public Limited Company
LSE:RIII
|
$12.91K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KKR Credit Income Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 795,265,000 to 790,749,000, a change of -4,516,000 (-0.6%).
- Net income of 60,120,000 contributed positively to equity growth.
- Dividend payments of 64,640,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$60.12 Million | +7.6% |
| Dividends Paid | AU$64.64 Million | -8.17% |
| Other Changes | AU$4.00K | +0.0% |
| Total Change | AU$- | -0.57% |
Book Value vs Market Value Analysis
This analysis compares KKR Credit Income Fund'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: 0.86x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | AU$2.24 | AU$2.10 | x |
| 2020-12-31 | AU$2.52 | AU$2.10 | x |
| 2021-12-31 | AU$2.22 | AU$2.10 | x |
| 2022-12-31 | AU$2.36 | AU$2.10 | x |
| 2023-12-31 | AU$2.47 | AU$2.10 | x |
| 2024-12-31 | AU$2.45 | AU$2.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KKR Credit Income Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 85.53%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.04x
- Recent ROE (7.60%) is above the historical average (4.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -10.61% | 0.00% | -0.09x | 1.08x | AU$-170.28 Million |
| 2020 | 15.13% | 87.94% | 0.16x | 1.05x | AU$46.43 Million |
| 2021 | -8.88% | 0.00% | -0.07x | 1.04x | AU$-139.35 Million |
| 2022 | 11.36% | 89.22% | 0.12x | 1.03x | AU$10.39 Million |
| 2023 | 12.33% | 86.26% | 0.14x | 1.03x | AU$18.51 Million |
| 2024 | 7.60% | 85.53% | 0.09x | 1.04x | AU$-18.95 Million |
Industry Comparison
This section compares KKR Credit Income Fund's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $589,126,514
- Average return on equity (ROE) among peers: -25.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KKR Credit Income Fund (KKC) | AU$790.75 Million | -10.61% | 0.04x | $12.95K |
| Acorn Capital Investment Fund Ltd (ACQ) | $52.17 Million | 4.80% | 0.04x | $5.49K |
| Australian Ethical Investment Ltd (AEF) | $20.82 Million | 45.43% | 0.62x | $241.24 Million |
| Australian Foundation Investment Company Ltd (AFI) | $3.98 Billion | 4.62% | 0.15x | $5.08 Billion |
| Alternative Investment Trust (AIQ) | $281.69 Million | 15.05% | 0.96x | $8.06K |
| Argo Global Listed Infrastructure Ltd (ALI) | $320.48 Million | -2.91% | 0.03x | $13.82K |
| Amcil Ltd (AMH) | $128.23 Million | 0.00% | 0.02x | $137.06 Million |
| Associate Global Partners Ltd (APL) | $6.41 Million | -310.27% | 0.73x | $1.95 Million |
| Ariadne Australia Ltd (ARA) | $59.71 Million | 8.64% | 0.74x | $17.16 Million |
| ARC Funds Ltd (ARC) | $2.90 Million | -21.10% | 0.01x | $1.21 Million |
| Australian United Investment Company Ltd (AUI) | $1.04 Billion | 5.35% | 0.27x | $395.51 Million |