GREENLIGHT CAP RE A
GREENLIGHT CAP RE A operates in Diversified Metals & Mining.
GREENLIGHT CAP RE A (G8L) - Net Assets
Latest net assets as of September 2024: €663.42 Million EUR
Based on the latest financial reports, GREENLIGHT CAP RE A (G8L) has net assets worth €663.42 Million EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.00 Billion) and total liabilities (€1.34 Billion). 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 | €663.42 Million |
| % of Total Assets | 33.14% |
| Annual Growth Rate | -5.59% |
| 5-Year Change | 24.92% |
| 10-Year Change | N/A |
| Growth Volatility | 17.77 |
GREENLIGHT CAP RE A - Net Assets Trend (2016–2023)
This chart illustrates how GREENLIGHT CAP RE A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GREENLIGHT CAP RE A (2016–2023)
The table below shows the annual net assets of GREENLIGHT CAP RE A from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €596.10 Million | +18.48% |
| 2022-12-31 | €503.12 Million | +5.77% |
| 2021-12-31 | €475.66 Million | +2.32% |
| 2020-12-31 | €464.86 Million | -2.58% |
| 2019-12-31 | €477.18 Million | -0.12% |
| 2018-12-31 | €477.77 Million | -43.41% |
| 2017-12-31 | €844.26 Million | -5.32% |
| 2016-12-31 | €891.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GREENLIGHT CAP RE A'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 70.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €108.03 Million | 18.12% |
| Other Components | €488.07 Million | 81.88% |
| Total Equity | €596.10 Million | 100.00% |
GREENLIGHT CAP RE A Competitors by Market Cap
The table below lists competitors of GREENLIGHT CAP RE A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Signature Bank of Georgia
PINK:SGBG
|
$110.81K |
|
Chagee Holdings Limited American Depositary Shares
NASDAQ:CHA
|
$110.82K |
|
Nan Juen International Co., Ltd.
TWO:6584
|
$110.82K |
|
BIDVEST (NQL1.SG)
STU:NQL1
|
$110.86K |
|
KRISHNA DEFENCE AN
NSE:KRISHNADEF-SM
|
$110.66K |
|
Baumart Holdings Ltd
AU:BMH
|
$110.62K |
|
GrocerIQ, Inc
NYSE:WPFHD
|
$110.57K |
|
Atelierele CFR Grivita SA
RO:ATRD
|
$110.56K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GREENLIGHT CAP RE A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 503,120,000 to 596,095,000, a change of 92,975,000 (18.5%).
- Net income of 86,830,000 contributed positively to equity growth.
- Other factors increased equity by 6,145,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €86.83 Million | +14.57% |
| Other Changes | €6.14 Million | +1.03% |
| Total Change | €- | 18.48% |
Book Value vs Market Value Analysis
This analysis compares GREENLIGHT CAP RE A'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: 0.68x
- 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 increased from 0.51x to 0.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €22.25 | €11.40 | x |
| 2018-12-31 | €13.12 | €11.40 | x |
| 2019-12-31 | €12.90 | €11.40 | x |
| 2020-12-31 | €13.47 | €11.40 | x |
| 2021-12-31 | €14.05 | €11.40 | x |
| 2022-12-31 | €14.45 | €11.40 | x |
| 2023-12-31 | €16.87 | €11.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GREENLIGHT CAP RE A 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): 14.57%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.60%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.91x
- Recent ROE (14.57%) is above the historical average (-6.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 5.13% | 7.62% | 0.22x | 3.05x | €-42.54 Million |
| 2017 | -5.41% | -6.96% | 0.19x | 4.04x | €-128.08 Million |
| 2018 | -73.34% | -142.40% | 0.17x | 3.01x | €-397.78 Million |
| 2019 | -0.84% | -0.81% | 0.36x | 2.84x | €-51.70 Million |
| 2020 | 0.83% | 0.81% | 0.35x | 2.92x | €-42.62 Million |
| 2021 | 3.70% | 3.08% | 0.40x | 3.00x | €-29.99 Million |
| 2022 | 5.04% | 5.37% | 0.30x | 3.14x | €-24.97 Million |
| 2023 | 14.57% | 13.60% | 0.37x | 2.91x | €27.22 Million |
Industry Comparison
This section compares GREENLIGHT CAP RE A's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GREENLIGHT CAP RE A (G8L) | €663.42 Million | 5.13% | 2.02x | $110.79K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |