GREENLIGHT CAP.RE A DL-01 (G8L) - Net Assets
Based on the latest financial reports, GREENLIGHT CAP.RE A DL-01 (G8L) has net assets worth €741.17 Million EUR (≈ $866.51 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.27 Billion ≈ $2.65 Billion USD) and total liabilities (€1.53 Billion ≈ $1.79 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. Read GREENLIGHT CAP.RE A DL-01 (G8L) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €741.17 Million |
| % of Total Assets | 32.66% |
| Annual Growth Rate | 10.45% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.03 |
GREENLIGHT CAP.RE A DL-01 - Net Assets Trend (2021–2025)
This chart illustrates how GREENLIGHT CAP.RE A DL-01's net assets have evolved over time, based on quarterly financial data. Also explore GREENLIGHT CAP.RE A DL-01 balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for GREENLIGHT CAP.RE A DL-01 (2021–2025)
The table below shows the annual net assets of GREENLIGHT CAP.RE A DL-01 from 2021 to 2025. For live valuation and market cap data, see how much is GREENLIGHT CAP.RE A DL-01 worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €707.98 Million ≈ $827.70 Million |
+11.34% |
| 2024-12-31 | €635.88 Million ≈ $743.41 Million |
+6.67% |
| 2023-12-31 | €596.10 Million ≈ $696.90 Million |
+18.48% |
| 2022-12-31 | €503.12 Million ≈ $588.20 Million |
+5.77% |
| 2021-12-31 | €475.66 Million ≈ $556.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to GREENLIGHT CAP.RE A DL-01'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 23518200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €225.68 Million | 31.88% |
| Other Components | €482.30 Million | 68.12% |
| Total Equity | €707.98 Million | 100.00% |
GREENLIGHT CAP.RE A DL-01 Competitors by Market Cap
The table below lists competitors of GREENLIGHT CAP.RE A DL-01 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
POSCO M-TECH Co. Ltd
KQ:009520
|
$500.92 Million |
|
HANGZHOU TIGERMED CO. H 1
F:5HZ1
|
$500.93 Million |
|
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A
SHE:002933
|
$501.08 Million |
|
Kaufman Et Broad
PA:KOF
|
$501.24 Million |
|
ICBC Turkey Bank AS
IS:ICBCT
|
$500.81 Million |
|
Oron Group Investments & Holdings Ltd
TA:ORON
|
$500.78 Million |
|
TSRC Corp
TW:2103
|
$500.78 Million |
|
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
F:PWD1
|
$500.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GREENLIGHT CAP.RE A DL-01's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 635,879,000 to 707,977,000, a change of 72,098,000 (11.3%).
- Net income of 74,832,000 contributed positively to equity growth.
- Share repurchases of 9,825,000 reduced equity.
- Other factors increased equity by 7,091,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €74.83 Million | +10.57% |
| Share Repurchases | €9.82 Million | -1.39% |
| Other Changes | €7.09 Million | +1.0% |
| Total Change | €- | 11.34% |
Book Value vs Market Value Analysis
This analysis compares GREENLIGHT CAP.RE A DL-01'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: 0.70x
- 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 1.05x to 0.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €14.05 | €14.70 | x |
| 2022-12-31 | €14.45 | €14.70 | x |
| 2023-12-31 | €16.87 | €14.70 | x |
| 2024-12-31 | €18.26 | €14.70 | x |
| 2025-12-31 | €20.89 | €14.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GREENLIGHT CAP.RE A DL-01 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): 10.57%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.95%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 3.06x
- Recent ROE (10.57%) is above the historical average (8.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 3.70% | 3.08% | 0.40x | 3.00x | €-29.99 Million |
| 2022 | 5.04% | 5.31% | 0.30x | 3.14x | €-24.97 Million |
| 2023 | 14.57% | 13.73% | 0.36x | 2.91x | €27.22 Million |
| 2024 | 6.73% | 6.61% | 0.32x | 3.17x | €-20.77 Million |
| 2025 | 10.57% | 10.95% | 0.31x | 3.06x | €4.03 Million |
Industry Comparison
This section compares GREENLIGHT CAP.RE A DL-01's net assets metrics with peer companies in the Insurance - Reinsurance industry.
Industry Context
- Industry: Insurance - Reinsurance
- Average net assets among peers: $20,042,669,667
- Average return on equity (ROE) among peers: 4.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GREENLIGHT CAP.RE A DL-01 (G8L) | €741.17 Million | 3.70% | 2.06x | $500.81 Million |
| SIRIUSPOINT LTD. DL-10 (3XPA) | $2.50 Billion | 2.32% | 3.24x | $2.32 Billion |
| Maiden Holdings Ltd (4OWA) | $527.82 Million | 7.91% | 4.59x | $99.64 Million |
| China Reinsurance (Group) Corporation (C53) | $94.67 Billion | 1.98% | 4.50x | $983.15 Million |
| COMSTOCK HLDG-A (CHO) | $988.20 Million | -4.25% | 0.14x | $738.28 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 GREENLIGHT CAP.RE A DL-01
Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. It operates through Open Market and Innovations segments. The company offers casualty reinsurance, such as automobile liability and general liability. It also provides coverages for casualty, including general liability, umbrella, multiline casualty, and workers' compensation;… Read more