Assured Guaranty Ltd (DHU) - Net Assets
Based on the latest financial reports, Assured Guaranty Ltd (DHU) has net assets worth €5.74 Billion EUR (≈ $6.71 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€12.10 Billion ≈ $14.15 Billion USD) and total liabilities (€6.36 Billion ≈ $7.44 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 DHU financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €5.74 Billion |
| % of Total Assets | 47.41% |
| Annual Growth Rate | 0.75% |
| 5-Year Change | -16.92% |
| 10-Year Change | -8.41% |
| Growth Volatility | 8.08 |
Assured Guaranty Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Assured Guaranty Ltd's net assets have evolved over time, based on quarterly financial data. Also explore DHU total asset value for the complete picture of this company's asset base.
Annual Net Assets for Assured Guaranty Ltd (2013–2024)
The table below shows the annual net assets of Assured Guaranty Ltd from 2013 to 2024. For live valuation and market cap data, see Assured Guaranty Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €5.55 Billion ≈ $6.49 Billion |
-3.68% |
| 2023-12-31 | €5.76 Billion ≈ $6.74 Billion |
+8.94% |
| 2022-12-31 | €5.29 Billion ≈ $6.19 Billion |
-18.58% |
| 2021-12-31 | €6.50 Billion ≈ $7.60 Billion |
-2.75% |
| 2020-12-31 | €6.68 Billion ≈ $7.81 Billion |
+0.59% |
| 2019-12-31 | €6.64 Billion ≈ $7.77 Billion |
+1.37% |
| 2018-12-31 | €6.55 Billion ≈ $7.66 Billion |
-4.15% |
| 2017-12-31 | €6.84 Billion ≈ $8.00 Billion |
+5.15% |
| 2016-12-31 | €6.50 Billion ≈ $7.60 Billion |
+7.27% |
| 2015-12-31 | €6.06 Billion ≈ $7.09 Billion |
+5.30% |
| 2014-12-31 | €5.76 Billion ≈ $6.73 Billion |
+12.57% |
| 2013-12-31 | €5.12 Billion ≈ $5.98 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Assured Guaranty 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 grown by 136.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €5.88 Billion | 106.97% |
| Total Equity | €5.50 Billion | 100.00% |
Assured Guaranty Ltd Competitors by Market Cap
The table below lists competitors of Assured Guaranty Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XJ Electric Co Ltd
SHE:000400
|
$3.75 Billion |
|
Huaneng Power International Inc
F:HUP1
|
$3.76 Billion |
|
Sinotruk Jinan Truck Co Ltd
SHE:000951
|
$3.76 Billion |
|
Guangzhou Shiyuan Electronic Technology Co Ltd
SHE:002841
|
$3.76 Billion |
|
Avicopter PLC
SHG:600038
|
$3.74 Billion |
|
ACADIA Pharmaceuticals Inc
NASDAQ:ACAD
|
$3.74 Billion |
|
Perimeter Solutions SA
NYSE:PRM
|
$3.74 Billion |
|
Stride Inc
NYSE:LRN
|
$3.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Assured Guaranty Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,713,000,000 to 5,495,000,000, a change of -218,000,000 (-3.8%).
- Net income of 376,000,000 contributed positively to equity growth.
- Dividend payments of 68,000,000 reduced retained earnings.
- Share repurchases of 502,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €376.00 Million | +6.84% |
| Dividends Paid | €68.00 Million | -1.24% |
| Share Repurchases | €502.00 Million | -9.14% |
| Other Changes | €-24.00 Million | -0.44% |
| Total Change | €- | -3.82% |
Book Value vs Market Value Analysis
This analysis compares Assured Guaranty 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: 0.64x
- 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 1.18x to 0.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €58.95 | €69.50 | x |
| 2018-12-31 | €63.23 | €69.50 | x |
| 2019-12-31 | €71.18 | €69.50 | x |
| 2020-12-31 | €85.66 | €69.50 | x |
| 2021-12-31 | €93.19 | €69.50 | x |
| 2022-12-31 | €85.81 | €69.50 | x |
| 2023-12-31 | €101.62 | €69.50 | x |
| 2024-12-31 | €108.80 | €69.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Assured Guaranty 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): 6.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 46.19%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 2.17x
- Recent ROE (6.84%) is below the historical average (10.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 15.80% | 50.44% | 0.10x | 3.18x | €296.50 Million |
| 2014 | 18.90% | 54.00% | 0.14x | 2.59x | €512.20 Million |
| 2015 | 17.42% | 52.59% | 0.14x | 2.40x | €449.70 Million |
| 2016 | 13.55% | 63.84% | 0.10x | 2.18x | €230.60 Million |
| 2017 | 10.67% | 44.22% | 0.11x | 2.11x | €46.10 Million |
| 2018 | 7.95% | 52.73% | 0.07x | 2.08x | €-134.50 Million |
| 2019 | 6.06% | 43.65% | 0.06x | 2.16x | €-261.90 Million |
| 2020 | 5.45% | 33.96% | 0.07x | 2.31x | €-302.30 Million |
| 2021 | 6.18% | 55.73% | 0.04x | 2.89x | €-240.20 Million |
| 2022 | 2.45% | 18.13% | 0.04x | 3.33x | €-382.40 Million |
| 2023 | 12.94% | 72.81% | 0.08x | 2.19x | €167.70 Million |
| 2024 | 6.84% | 46.19% | 0.07x | 2.17x | €-173.50 Million |
Industry Comparison
This section compares Assured Guaranty Ltd's net assets metrics with peer companies in the Insurance - Specialty industry.
Industry Context
- Industry: Insurance - Specialty
- Average net assets among peers: $3,074,996,000
- Average return on equity (ROE) among peers: 14.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Assured Guaranty Ltd (DHU) | €5.74 Billion | 15.80% | 1.11x | $3.75 Billion |
| AXIS Capital Holdings Limited (AXV) | $5.03 Billion | 0.86% | 3.80x | $6.88 Billion |
| Essent Group Ltd. (EG0) | $2.37 Billion | 19.76% | 0.33x | $5.21 Billion |
| Medibank Private Limited (MPV) | $1.83 Billion | 24.33% | 0.94x | $7.42 Billion |
About Assured Guaranty Ltd
Assured Guaranty Ltd., together with its subsidiaries, provides credit protection products to public finance and structured finance markets in the United States and internationally. It operates through two segments, Insurance and Asset Management. The company offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled pay… Read more