Ground Rents Income Fund PLC Net Assets
Ground Rents Income Fund PLC net assets. Based on the latest financial reports, Ground Rents Income Fund PLC (GRIO) has net assets worth GBX30.58 Million GBX (≈ $3.72K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX38.38 Million ≈ $4.67K USD) and total liabilities (GBX7.80 Million ≈ $949.14 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. Also explore Ground Rents Income Fund PLC equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX30.58 Million |
| % of Total Assets | 79.68% |
| Annual Growth Rate | -4.08% |
| 5-Year Change | -47.68% |
| 10-Year Change | -60.79% |
| Growth Volatility | 15.31 |
Net Assets of Ground Rents Income Fund PLC (2013–2025)
Net assets of Ground Rents Income Fund PLC from 2013 to 2025. This chart illustrates how Ground Rents Income Fund PLC's net assets have evolved over time, based on quarterly financial data. See Ground Rents Income Fund PLC (GRIO) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Ground Rents Income Fund PLC (2013–2025)
The table below shows the annual net assets of Ground Rents Income Fund PLC from 2013 to 2025. For live market cap and overall valuation, see GRIO company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | GBX52.17 Million ≈ $6.35K |
-7.65% |
| 2024-09-30 | GBX56.49 Million ≈ $6.87K |
-34.47% |
| 2023-09-30 | GBX86.20 Million ≈ $10.49K |
-2.62% |
| 2022-09-30 | GBX88.52 Million ≈ $10.77K |
-11.22% |
| 2021-09-30 | GBX99.71 Million ≈ $12.13K |
-2.77% |
| 2020-09-30 | GBX102.56 Million ≈ $12.48K |
-5.05% |
| 2019-09-30 | GBX108.01 Million ≈ $13.14K |
-19.88% |
| 2018-09-30 | GBX134.81 Million ≈ $16.40K |
+5.83% |
| 2017-09-30 | GBX127.39 Million ≈ $15.50K |
-4.24% |
| 2016-09-30 | GBX133.04 Million ≈ $16.19K |
+25.22% |
| 2015-09-30 | GBX106.24 Million ≈ $12.93K |
+20.14% |
| 2014-09-30 | GBX88.43 Million ≈ $10.76K |
+2.88% |
| 2013-09-30 | GBX85.96 Million ≈ $10.46K |
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Equity Component Analysis
This analysis shows how different components contribute to Ground Rents Income Fund PLC'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 13.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Ground Rents Income Fund PLC Net Assets Breakdown (September 2025)
Ground Rents Income Fund PLC net assets breakdown by equity component as of September 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX3.67 Million | 7.03% |
| Common Stock | GBX47.83 Million | 91.69% |
| Other Comprehensive Income | GBX669.50K | 1.28% |
| Total Equity | GBX52.17 Million | 100.00% |
Ground Rents Income Fund PLC Competitors by Market Cap
The table below lists competitors of Ground Rents Income Fund PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INLIF LIMITED Ordinary Shares
NASDAQ:INLF
|
$193.67K |
|
Kazera Global PLC
LSE:KZG
|
$195.07K |
|
Pennant International Group plc
LSE:PEN
|
$197.04K |
|
Manolete Partners PLC
LSE:MANO
|
$197.23K |
|
noco-noco Inc. Ordinary Share
NASDAQ:NCNC
|
$192.96K |
|
Graphjet Technology
NASDAQ:GTI
|
$192.60K |
|
Checkit PLC
LSE:CKT
|
$190.55K |
|
ATMOFIZER TECHNOL.INC. B
F:J3KA
|
$190.10K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ground Rents Income Fund PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 56,487,356 to 52,168,491, a change of -4,318,865 (-7.6%).
- Net loss of 4,318,865 reduced equity.
- Other comprehensive income increased equity by 1.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-4.32 Million | -8.28% |
| Other Comprehensive Income | GBX1.00 | +0.0% |
| Other Changes | GBX-1.00 | -0.0% |
| Total Change | GBX- | -7.65% |
Book Value vs Market Value Analysis
This analysis compares Ground Rents Income Fund PLC'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: 30.44x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 21.21x to 30.44x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-09-30 | GBX0.78 | GBX16.60 | x |
| 2014-09-30 | GBX1.01 | GBX16.60 | x |
| 2015-09-30 | GBX1.17 | GBX16.60 | x |
| 2016-09-30 | GBX1.30 | GBX16.60 | x |
| 2017-09-30 | GBX1.34 | GBX16.60 | x |
| 2018-09-30 | GBX1.17 | GBX16.60 | x |
| 2019-09-30 | GBX1.11 | GBX16.60 | x |
| 2020-09-30 | GBX1.06 | GBX16.60 | x |
| 2021-09-30 | GBX1.03 | GBX16.60 | x |
| 2022-09-30 | GBX0.92 | GBX16.60 | x |
| 2023-09-30 | GBX0.90 | GBX16.60 | x |
| 2024-09-30 | GBX0.59 | GBX16.60 | x |
| 2025-09-30 | GBX0.55 | GBX16.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ground Rents Income Fund PLC 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): -8.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -72.54%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.21x
- Recent ROE (-8.28%) is below the historical average (-3.38%), 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 | 1.63% | 58.89% | 0.02x | 1.80x | GBX-4.02 Million |
| 2014 | 5.32% | 146.59% | 0.04x | 1.01x | GBX-4.13 Million |
| 2015 | 11.73% | 294.82% | 0.04x | 1.06x | GBX1.83 Million |
| 2016 | 16.38% | 423.74% | 0.04x | 1.08x | GBX7.85 Million |
| 2017 | 3.66% | 90.68% | 0.03x | 1.17x | GBX-8.08 Million |
| 2018 | -9.45% | 0.00% | -0.07x | 1.19x | GBX-22.00 Million |
| 2019 | -2.12% | -4145.61% | 0.00x | 1.20x | GBX-13.09 Million |
| 2020 | -1.55% | -37.65% | 0.03x | 1.25x | GBX-11.84 Million |
| 2021 | 1.20% | 0.00% | 0.00x | 1.23x | GBX-8.78 Million |
| 2022 | -8.50% | 0.00% | -0.05x | 1.27x | GBX-16.37 Million |
| 2023 | -1.30% | -96.96% | 0.01x | 1.28x | GBX-9.75 Million |
| 2024 | -52.60% | 0.00% | -0.34x | 1.41x | GBX-35.36 Million |
| 2025 | -8.28% | -72.54% | 0.09x | 1.21x | GBX-9.54 Million |
Industry Comparison
This section compares Ground Rents Income Fund PLC's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $736,063,143
- Average return on equity (ROE) among peers: 0.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ground Rents Income Fund PLC (GRIO) | GBX30.58 Million | 1.63% | 0.26x | $193.22K |
| AEW UK REIT Plc (AEWU) | $116.38 Million | 5.83% | 0.16x | $1.98 Million |
| Alternative Income REIT PLC (AIRE) | $67.75 Million | -7.73% | 0.65x | $695.41K |
| abrdn Property Income Trust Ltd. (API) | $312.78 Million | 10.21% | 0.49x | $74.21K |
| British Land Company PLC (BLND) | $2.93 Billion | 3.66% | 0.90x | $51.70 Million |
| Custodian REIT PLC (CREI) | $437.57 Million | -15.04% | 0.43x | $4.88 Million |
| Land Securities Group PLC (LAND) | $2.11 Billion | 3.76% | 0.25x | $67.24 Million |
| Palace Capital PLC (PCA) | $-45.00K | 0.00% | 0.00x | $363.49K |
| Picton Property Income Ltd (PCTN) | $524.48 Million | -0.91% | 0.48x | $4.35 Million |
| Real Estate Investors PLC (RLE) | $121.16 Million | 6.67% | 0.79x | $659.49K |
About Ground Rents Income Fund PLC
Ground Rents Income Fund PLC is a closed-ended real estate investment trust, listed on The International Stock Exchange and traded on the SETSqx platform of the London Stock Exchange. Schroder Real Estate Investment Management Limited (the Manager) was appointed as the Company Alternative Investment Fund Manager in May 2019 to support the Company Board with the headwinds related to building safet… Read more