Henderson Diversified Income Trust PLC (HDIV) - Net Assets
Based on the latest financial reports, Henderson Diversified Income Trust PLC (HDIV) has net assets worth GBX131.66 Million GBX (≈ $16.02K USD) as of April 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX151.36 Million ≈ $18.42K USD) and total liabilities (GBX19.70 Million ≈ $2.40K 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 HDIV financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX131.66 Million |
| % of Total Assets | 86.98% |
| Annual Growth Rate | 6.81% |
| 5-Year Change | -20.02% |
| 10-Year Change | 62.76% |
| Growth Volatility | 16.48 |
Henderson Diversified Income Trust PLC - Net Assets Trend (2008–2023)
This chart illustrates how Henderson Diversified Income Trust PLC's net assets have evolved over time, based on quarterly financial data. Also explore HDIV total assets for the complete picture of this company's asset base.
Annual Net Assets for Henderson Diversified Income Trust PLC (2008–2023)
The table below shows the annual net assets of Henderson Diversified Income Trust PLC from 2008 to 2023. For live valuation and market cap data, see Henderson Diversified Income Trust PLC (HDIV) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-04-30 | GBX131.66 Million ≈ $16.02K |
-11.29% |
| 2022-04-30 | GBX148.42 Million ≈ $18.06K |
-15.54% |
| 2021-04-30 | GBX175.72 Million ≈ $21.38K |
+9.11% |
| 2020-04-30 | GBX161.05 Million ≈ $19.59K |
-2.17% |
| 2019-04-30 | GBX164.62 Million ≈ $20.03K |
-0.71% |
| 2018-04-30 | GBX165.80 Million ≈ $20.17K |
+5.09% |
| 2016-10-31 | GBX157.77 Million ≈ $19.20K |
+8.53% |
| 2015-10-31 | GBX145.37 Million ≈ $17.69K |
+16.66% |
| 2014-10-31 | GBX124.60 Million ≈ $15.16K |
+54.04% |
| 2013-10-31 | GBX80.89 Million ≈ $9.84K |
+16.14% |
| 2012-10-31 | GBX69.65 Million ≈ $8.47K |
+6.42% |
| 2011-10-31 | GBX65.45 Million ≈ $7.96K |
-5.81% |
| 2010-10-31 | GBX69.48 Million ≈ $8.45K |
+11.64% |
| 2009-10-31 | GBX62.24 Million ≈ $7.57K |
+22.75% |
| 2008-10-31 | GBX50.70 Million ≈ $6.17K |
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Equity Component Analysis
This analysis shows how different components contribute to Henderson Diversified Income Trust 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 grown by 12738100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX127.38 Million | 97.33% |
| Common Stock | GBX1.87 Million | 1.43% |
| Other Components | GBX1.61 Million | 1.23% |
| Total Equity | GBX130.87 Million | 100.00% |
Henderson Diversified Income Trust PLC Competitors by Market Cap
The table below lists competitors of Henderson Diversified Income Trust PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global Gas Corporation
NASDAQ:HGAS
|
$448.70K |
|
EPWK Holdings Ltd. Class A
NASDAQ:EPWKF
|
$450.16K |
|
Aberdeen Diversified Income and Growth Trust PLC
LSE:ADIG
|
$450.86K |
|
CELLECTAR NEW22 DL-00001
F:NV4
|
$451.63K |
|
Flowtech Fluidpower plc
LSE:FLO
|
$445.88K |
|
System1 Group PLC
LSE:SYS1
|
$444.64K |
|
Imperial Ginseng Products Ltd
V:IGP
|
$442.86K |
|
GetBusy PLC
LSE:GETB
|
$440.99K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Henderson Diversified Income Trust PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 148,417,000 to 130,870,000, a change of -17,547,000 (-11.8%).
- Net loss of 6,456,000 reduced equity.
- Dividend payments of 8,084,000 reduced retained earnings.
- Share repurchases of 3,007,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-6.46 Million | -4.93% |
| Dividends Paid | GBX8.08 Million | -6.18% |
| Share Repurchases | GBX3.01 Million | -2.3% |
| Total Change | GBX- | -11.82% |
Book Value vs Market Value Analysis
This analysis compares Henderson Diversified Income Trust 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: 29.18x
- 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 21.82x to 29.18x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-10-31 | GBX0.93 | GBX20.23 | x |
| 2009-10-31 | GBX0.74 | GBX20.23 | x |
| 2010-10-31 | GBX0.83 | GBX20.23 | x |
| 2011-10-31 | GBX0.78 | GBX20.23 | x |
| 2012-10-31 | GBX0.83 | GBX20.23 | x |
| 2013-10-31 | GBX0.94 | GBX20.23 | x |
| 2014-10-31 | GBX1.04 | GBX20.23 | x |
| 2015-10-31 | GBX0.93 | GBX20.23 | x |
| 2016-10-31 | GBX0.94 | GBX20.23 | x |
| 2018-04-30 | GBX0.88 | GBX20.23 | x |
| 2019-04-30 | GBX0.87 | GBX20.23 | x |
| 2020-04-30 | GBX0.85 | GBX20.23 | x |
| 2021-04-30 | GBX0.92 | GBX20.23 | x |
| 2022-04-30 | GBX0.79 | GBX20.23 | x |
| 2023-04-30 | GBX0.69 | GBX20.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Henderson Diversified Income Trust 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): -4.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.04x
- • Equity Multiplier: 1.16x
- Recent ROE (-4.93%) is below the historical average (2.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -45.92% | 0.00% | -0.36x | 1.25x | GBX-28.35 Million |
| 2009 | 26.73% | 96.74% | 0.23x | 1.20x | GBX10.41 Million |
| 2010 | 16.05% | 95.20% | 0.14x | 1.17x | GBX4.20 Million |
| 2011 | -0.16% | -25.49% | 0.01x | 1.15x | GBX-6.65 Million |
| 2012 | 12.04% | 94.28% | 0.11x | 1.16x | GBX1.42 Million |
| 2013 | 10.15% | 93.98% | 0.09x | 1.14x | GBX125.10K |
| 2014 | 5.28% | 92.25% | 0.05x | 1.10x | GBX-5.88 Million |
| 2015 | 4.53% | 92.45% | 0.04x | 1.15x | GBX-7.95 Million |
| 2016 | 6.66% | 94.32% | 0.06x | 1.18x | GBX-5.26 Million |
| 2018 | 2.45% | 90.39% | 0.02x | 1.23x | GBX-12.53 Million |
| 2019 | 4.35% | 94.58% | 0.04x | 1.12x | GBX-9.29 Million |
| 2020 | 2.96% | 91.93% | 0.03x | 1.23x | GBX-11.33 Million |
| 2021 | 12.27% | 97.74% | 0.10x | 1.21x | GBX3.98 Million |
| 2022 | -10.18% | 0.00% | -0.08x | 1.25x | GBX-29.96 Million |
| 2023 | -4.93% | 0.00% | -0.04x | 1.16x | GBX-19.54 Million |
Industry Comparison
This section compares Henderson Diversified Income Trust PLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,521,810,800
- Average return on equity (ROE) among peers: 8.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Henderson Diversified Income Trust PLC (HDIV) | GBX131.66 Million | -45.92% | 0.15x | $448.16K |
| 3I Infrastructure PLC (3IN) | $2.70 Billion | 14.94% | 0.12x | $41.52 Million |
| Albion Enterprise VCT PLC (AAEV) | $32.06 Million | 9.19% | 0.01x | $3.29 Million |
| abrdn Asian Income Fund Limited (AAIF) | $231.95 Million | 1.88% | 0.05x | $5.38 Million |
| Abrdn Asia Focus PLC (AAS) | $502.26 Million | 7.43% | 0.16x | $7.30 Million |
| Albion Technology & General VCT PLC (AATG) | $14.25 Million | 1.73% | 0.02x | $3.15 Million |
| Abrdn PLC (ABDN) | $10.71 Billion | 9.28% | 0.07x | $51.96 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $354.74 Million | 11.41% | 0.26x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $241.77K |
| Aquila European Renewables Income PLC (AERI) | $417.44 Million | 6.38% | 0.01x | $67.41 Million |
| Artemis UK Future Leaders plc (AFL) | $152.03 Million | 18.55% | 0.02x | $385.44 |
About Henderson Diversified Income Trust PLC
Henderson Diversified Income Trust plc engages in the investment business. Its investment portfolio primarily includes high yield and investment bonds, asset backed securities, preference stocks, and secured loans. The company was founded in 1930 and is based in London, the United Kingdom.