LEUCADIA NATIONAL
LEUCADIA NATIONAL operates in Diversified Metals & Mining.
LEUCADIA NATIONAL (LN3) - Net Assets
Latest net assets as of August 2024: €10.12 Billion EUR
Based on the latest financial reports, LEUCADIA NATIONAL (LN3) has net assets worth €10.12 Billion EUR as of August 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€63.28 Billion) and total liabilities (€53.16 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 | €10.12 Billion |
| % of Total Assets | 15.99% |
| Annual Growth Rate | -0.88% |
| 5-Year Change | 0.78% |
| 10-Year Change | N/A |
| Growth Volatility | 5.92 |
LEUCADIA NATIONAL - Net Assets Trend (2016–2023)
This chart illustrates how LEUCADIA NATIONAL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LEUCADIA NATIONAL (2016–2023)
The table below shows the annual net assets of LEUCADIA NATIONAL from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-11-30 | €9.80 Billion | -4.85% |
| 2022-11-30 | €10.30 Billion | -2.86% |
| 2021-11-30 | €10.61 Billion | +12.07% |
| 2020-11-30 | €9.46 Billion | -2.71% |
| 2019-11-30 | €9.73 Billion | -5.23% |
| 2017-11-30 | €10.26 Billion | -1.58% |
| 2016-11-30 | €10.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LEUCADIA NATIONAL'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 grown by 69.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €7.85 Billion | 80.84% |
| Other Components | €1.86 Billion | 19.16% |
| Total Equity | €9.71 Billion | 100.00% |
LEUCADIA NATIONAL Competitors by Market Cap
The table below lists competitors of LEUCADIA NATIONAL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bessor Minerals Inc
PINK:TRYXF
|
$506.11K |
|
BRIT AMER TOBACCO
MU:BMT
|
$506.17K |
|
Ottobock SE & Co. KGaA
XETRA:OBCK
|
$506.17K |
|
The Connecticut Light and Power Company
PINK:CNTHP
|
$506.99K |
|
BA-P-A
PINK:BA-P-A
|
$505.89K |
|
Arrayan Acciones Chilenas FIP
SN:CFIARRAA-E
|
$505.77K |
|
ESSO (EH8.SG)
STU:EH8
|
$504.78K |
|
Cerro Grande Mining Corp
PINK:CEGMF
|
$504.36K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LEUCADIA NATIONAL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 10,232,846,000 to 9,709,827,000, a change of -523,019,000 (-5.1%).
- Net income of 277,688,000 contributed positively to equity growth.
- Dividend payments of 278,595,000 reduced retained earnings.
- Share repurchases of 169,402,000 reduced equity.
- New share issuances of 31,500,000 increased equity.
- Other factors decreased equity by 384,210,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €277.69 Million | +2.86% |
| Dividends Paid | €278.60 Million | -2.87% |
| Share Repurchases | €169.40 Million | -1.74% |
| Share Issuances | €31.50 Million | +0.32% |
| Other Changes | €-384.21 Million | -3.96% |
| Total Change | €- | -5.11% |
Book Value vs Market Value Analysis
This analysis compares LEUCADIA NATIONAL'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: 1.15x
- 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 1.84x to 1.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-11-30 | €28.72 | €52.94 | x |
| 2019-11-30 | €33.28 | €52.94 | x |
| 2020-11-30 | €37.65 | €52.94 | x |
| 2021-11-30 | €43.33 | €52.94 | x |
| 2022-11-30 | €45.25 | €52.94 | x |
| 2023-11-30 | €46.10 | €52.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LEUCADIA NATIONAL 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): 2.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.73%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 5.96x
- Recent ROE (2.86%) is below the historical average (6.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 1.27% | 1.29% | 0.22x | 4.40x | €-895.31 Million |
| 2017 | 1.68% | 1.50% | 0.24x | 4.61x | €-851.37 Million |
| 2019 | 9.94% | 24.78% | 0.08x | 5.10x | €-5.77 Million |
| 2020 | 8.24% | 11.15% | 0.13x | 5.65x | €-165.15 Million |
| 2021 | 15.86% | 18.72% | 0.16x | 5.32x | €618.98 Million |
| 2022 | 7.68% | 10.99% | 0.14x | 4.99x | €-237.84 Million |
| 2023 | 2.86% | 3.73% | 0.13x | 5.96x | €-693.29 Million |
Industry Comparison
This section compares LEUCADIA NATIONAL'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 |
|---|---|---|---|---|
| LEUCADIA NATIONAL (LN3) | €10.12 Billion | 1.27% | 5.26x | $506.08K |
| 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 |