Alternative Liquidity Fund Limited
Alternative Liquidity Fund Limited is a closed ended equity mutual fund launched and managed by Warana Capital, LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across the diversified sectors. Alternative Liquidity Fund Limited was formed on September 17, 2015 and is domiciled in Guernsey.
Alternative Liquidity Fund Limited (ALF) - Net Assets
Latest net assets as of December 2024: $9.09 Million USD
Based on the latest financial reports, Alternative Liquidity Fund Limited (ALF) has net assets worth $9.09 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.26 Million) and total liabilities ($1.16 Million). 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 | $9.09 Million |
| % of Total Assets | 88.65% |
| Annual Growth Rate | -27.35% |
| 5-Year Change | -61.14% |
| 10-Year Change | N/A |
| Growth Volatility | 16.57 |
Alternative Liquidity Fund Limited - Net Assets Trend (2016–2024)
This chart illustrates how Alternative Liquidity Fund Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Alternative Liquidity Fund Limited (2016–2024)
The table below shows the annual net assets of Alternative Liquidity Fund Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $9.89 Million | -21.36% |
| 2023-06-30 | $12.58 Million | -30.25% |
| 2022-06-30 | $18.03 Million | -30.80% |
| 2021-06-30 | $26.05 Million | +2.37% |
| 2020-06-30 | $25.45 Million | -38.89% |
| 2019-06-30 | $41.65 Million | -15.39% |
| 2018-06-30 | $49.22 Million | -55.68% |
| 2017-06-30 | $111.07 Million | -12.87% |
| 2016-06-30 | $127.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alternative Liquidity Fund Limited'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 7923027800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $107.86 Million | 1090.71% |
| Total Equity | $9.89 Million | 100.00% |
Alternative Liquidity Fund Limited Competitors by Market Cap
The table below lists competitors of Alternative Liquidity Fund Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INDUSTRIAL & MEDICAL GASES NIGERIA PLC
XNSA:IMG
|
$228.78 |
|
T M M Inc New
PINK:TMMI
|
$228.85 |
|
D. S Industries Ltd
KAR:DSIL
|
$228.94 |
|
Clontarf Energy Plc
LSE:CLON
|
$229.28 |
|
Asia Broadband Inc
PINK:AABB
|
$228.68 |
|
The European Smaller Companies Trust PLC
LSE:ESCT
|
$228.68 |
|
Antera Ventures II Corp.
V:AVII-P
|
$228.41 |
|
EMPEROR INTL HLDGS
MU:EM3A
|
$228.09 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alternative Liquidity Fund Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,575,833 to 9,889,075, a change of -2,686,758 (-21.4%).
- Net loss of 2,686,758 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.69 Million | -27.17% |
| Total Change | $- | -21.36% |
Book Value vs Market Value Analysis
This analysis compares Alternative Liquidity Fund Limited'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: 0.36x
- 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 0.03x to 0.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | $0.88 | $0.02 | x |
| 2017-06-30 | $0.76 | $0.02 | x |
| 2018-06-30 | $0.34 | $0.02 | x |
| 2019-06-30 | $0.28 | $0.02 | x |
| 2020-06-30 | $0.17 | $0.02 | x |
| 2021-06-30 | $0.18 | $0.02 | x |
| 2022-06-30 | $0.12 | $0.02 | x |
| 2023-06-30 | $0.09 | $0.02 | x |
| 2024-06-30 | $0.07 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alternative Liquidity Fund Limited 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): -27.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.21x
- • Equity Multiplier: 1.18x
- Recent ROE (-27.17%) is above the historical average (-28.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -14.70% | 0.00% | -0.14x | 1.01x | $-31.49 Million |
| 2017 | -2.02% | 0.00% | -0.02x | 1.00x | $-13.35 Million |
| 2018 | -107.76% | 0.00% | -1.06x | 1.00x | $-57.97 Million |
| 2019 | -4.11% | 0.00% | -0.02x | 1.01x | $-5.87 Million |
| 2020 | -55.00% | 0.00% | -0.52x | 1.00x | $-16.54 Million |
| 2021 | 13.57% | 85.89% | 0.16x | 1.00x | $931.36K |
| 2022 | -32.30% | 0.00% | -0.15x | 1.13x | $-7.63 Million |
| 2023 | -25.89% | 0.00% | -0.22x | 1.16x | $-4.51 Million |
| 2024 | -27.17% | 0.00% | -0.21x | 1.18x | $-3.68 Million |
Industry Comparison
This section compares Alternative Liquidity Fund Limited's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $381,578,830
- Average return on equity (ROE) among peers: 2.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alternative Liquidity Fund Limited (ALF) | $9.09 Million | -14.70% | 0.13x | $228.72 |
| 3I Infrastructure PLC (3IN) | $1.25 Billion | 6.43% | 0.14x | $396.99K |
| 450 PLC (450) | $5.16 Million | -13.53% | 0.02x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $398.87 Million | 2.19% | 0.09x | $340.47 |
| Abrdn Asia Focus PLC (AAS) | $109.83 Million | -14.86% | 0.05x | $438.52 |
| Albion Technology & General VCT PLC (AATG) | $72.65 Million | 5.77% | 0.01x | $73.82 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $343.29 Million | -4.87% | 0.24x | $16.84 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $316.90 Million | -0.37% | 0.13x | $2.47K |
| Artemis UK Future Leaders plc (AFL) | $111.28 Million | 27.82% | 0.00x | $409.33 |
| AVI Global Trust PLC (AGT) | $1.11 Billion | 12.82% | 0.15x | $2.81 Million |