Maiden Holdings Ltd (4OWA) - Net Assets
Based on the latest financial reports, Maiden Holdings Ltd (4OWA) has net assets worth €37.57 Million EUR (≈ $43.93 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.23 Billion ≈ $1.44 Billion USD) and total liabilities (€1.20 Billion ≈ $1.40 Billion 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. Check 4OWA intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €37.57 Million |
| % of Total Assets | 3.04% |
| Annual Growth Rate | -37.64% |
| 5-Year Change | -91.44% |
| 10-Year Change | N/A |
| Growth Volatility | 27.41 |
Maiden Holdings Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Maiden Holdings Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Maiden Holdings Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Maiden Holdings Ltd (2017–2024)
The table below shows the annual net assets of Maiden Holdings Ltd from 2017 to 2024. For live valuation and market cap data, see market value of Maiden Holdings Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €45.19 Million ≈ $52.84 Million |
-81.86% |
| 2023-12-31 | €249.16 Million ≈ $291.29 Million |
-12.45% |
| 2022-12-31 | €284.58 Million ≈ $332.70 Million |
-25.94% |
| 2021-12-31 | €384.26 Million ≈ $449.24 Million |
-27.20% |
| 2020-12-31 | €527.82 Million ≈ $617.07 Million |
+3.96% |
| 2019-12-31 | €507.72 Million ≈ $593.58 Million |
-8.51% |
| 2018-12-31 | €554.92 Million ≈ $648.76 Million |
-54.98% |
| 2017-12-31 | €1.23 Billion ≈ $1.44 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Maiden Holdings 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 2039.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €733.11 Million | 1622.17% |
| Total Equity | €45.19 Million | 100.00% |
Maiden Holdings Ltd Competitors by Market Cap
The table below lists competitors of Maiden Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ispire Technology Inc. Common Stock
NASDAQ:ISPR
|
$99.68 Million |
|
Wieson Technologies Co Ltd
TWO:6272
|
$99.69 Million |
|
Tiong Nam Logistics Holdings Bhd
KLSE:8397
|
$99.70 Million |
|
Jasa Armada Indonesia Tbk PT
JK:IPCM
|
$99.71 Million |
|
FitLife Brands, Inc. Common Stock
NASDAQ:FTLF
|
$99.64 Million |
|
New Delhi Television Limited
NSE:NDTV
|
$99.63 Million |
|
Dharmaj Crop Guard Limited
NSE:DHARMAJ
|
$99.60 Million |
|
Yuen Chang Stainless Steel Co Ltd
TW:2069
|
$99.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Maiden Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 249,160,000 to 45,193,000, a change of -203,967,000 (-81.9%).
- Net loss of 200,969,000 reduced equity.
- Share repurchases of 3,735,000 reduced equity.
- Other factors increased equity by 737,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-200.97 Million | -444.69% |
| Share Repurchases | €3.73 Million | -8.26% |
| Other Changes | €737.00K | +1.63% |
| Total Change | €- | -81.86% |
Book Value vs Market Value Analysis
This analysis compares Maiden Holdings 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: 1.87x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.06x to 1.87x 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 | €14.85 | €0.86 | x |
| 2018-12-31 | €6.68 | €0.86 | x |
| 2019-12-31 | €6.11 | €0.86 | x |
| 2020-12-31 | €6.22 | €0.86 | x |
| 2021-12-31 | €4.44 | €0.86 | x |
| 2022-12-31 | €2.80 | €0.86 | x |
| 2023-12-31 | €2.48 | €0.86 | x |
| 2024-12-31 | €0.46 | €0.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Maiden Holdings 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): -444.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -229.17%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 29.12x
- Recent ROE (-444.69%) is below the historical average (-75.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -13.79% | -5.85% | 0.44x | 5.39x | €-293.11 Million |
| 2018 | -98.26% | -25.11% | 0.41x | 9.54x | €-600.05 Million |
| 2019 | -25.98% | -22.79% | 0.16x | 7.03x | €-182.67 Million |
| 2020 | 7.91% | 23.78% | 0.06x | 5.59x | €-11.02 Million |
| 2021 | 6.93% | 25.04% | 0.05x | 6.04x | €-11.78 Million |
| 2022 | -21.10% | -90.44% | 0.04x | 6.49x | €-88.50 Million |
| 2023 | -15.48% | -46.19% | 0.05x | 6.10x | €-63.48 Million |
| 2024 | -444.69% | -229.17% | 0.07x | 29.12x | €-205.49 Million |
Industry Comparison
This section compares Maiden Holdings Ltd's net assets metrics with peer companies in the Insurance - Reinsurance industry.
Industry Context
- Industry: Insurance - Reinsurance
- Average net assets among peers: $20,039,925,667
- Average return on equity (ROE) among peers: 4.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maiden Holdings Ltd (4OWA) | €37.57 Million | -13.79% | 31.86x | $99.64 Million |
| SIRIUSPOINT LTD. DL-10 (3XPA) | $2.50 Billion | 2.32% | 3.24x | $2.32 Billion |
| China Reinsurance (Group) Corporation (C53) | $94.67 Billion | 1.98% | 4.50x | $1.01 Billion |
| COMSTOCK HLDG-A (CHO) | $988.20 Million | -4.25% | 0.14x | $738.28 Million |
| GREENLIGHT CAP.RE A DL-01 (G8L) | $503.12 Million | 5.04% | 2.14x | $500.81 Million |
| Hannover Rück SE (HNR1) | $8.78 Billion | 13.11% | 6.20x | $28.80 Billion |
| HANN.RUECKV.SE ADR 1/2/ON (HNRB) | $9.96 Billion | 7.84% | 5.32x | $30.91 Billion |
| Münchener Rück AG (MUV2) | $20.20 Billion | 9.34% | 9.61x | $70.09 Billion |
| MUENCH.RUECK.UNS.ADR 1/10 (MUVB) | $32.90 Billion | 17.34% | 7.71x | $70.34 Billion |
| RenaissanceRe Holdings Ltd (RRJ) | $9.86 Billion | -10.76% | 2.71x | $10.73 Billion |
About Maiden Holdings Ltd
As of May 27, 2025, Maiden Holdings, Ltd. was acquired by Kestrel Group, LLC, in a reverse merger transaction. Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty insurance and reinsurance solutions to regional and specialty insurers in Europe, North America, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company … Read more