Henderson High Income Trust (HHI) - Net Assets

Latest as of June 2025: GBX327.21 Million GBX ≈ $39.81K USD

Based on the latest financial reports, Henderson High Income Trust (HHI) has net assets worth GBX327.21 Million GBX (≈ $39.81K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX394.23 Million ≈ $47.97K USD) and total liabilities (GBX67.03 Million ≈ $8.16K 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 Henderson High Income Trust total liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	GBX327.21 Million
% of Total Assets	83.0%
Annual Growth Rate	4.77%
5-Year Change	43.45%
10-Year Change	53.83%
Growth Volatility	19.66

Henderson High Income Trust - Net Assets Trend (2000–2024)

This chart illustrates how Henderson High Income Trust's net assets have evolved over time, based on quarterly financial data. Also explore HHI total assets for the complete picture of this company's asset base.

Annual Net Assets for Henderson High Income Trust (2000–2024)

The table below shows the annual net assets of Henderson High Income Trust from 2000 to 2024. For live valuation and market cap data, see market value of Henderson High Income Trust.

Year	Net Assets	Change
2024-12-31	GBX303.21 Million ≈ $36.89K	+36.37%
2023-12-31	GBX222.34 Million ≈ $27.05K	+3.76%
2022-12-31	GBX214.28 Million ≈ $26.07K	-9.29%
2021-12-31	GBX236.23 Million ≈ $28.74K	+11.76%
2020-12-31	GBX211.37 Million ≈ $25.72K	-15.82%
2019-12-31	GBX251.09 Million ≈ $30.55K	+19.12%
2018-12-31	GBX210.79 Million ≈ $25.65K	-18.06%
2017-12-31	GBX257.24 Million ≈ $31.30K	+23.84%
2016-12-31	GBX207.72 Million ≈ $25.27K	+5.38%
2015-12-31	GBX197.11 Million ≈ $23.98K	+4.30%
2014-12-31	GBX188.99 Million ≈ $22.99K	+7.78%
2013-12-31	GBX175.35 Million ≈ $21.33K	+32.07%
2012-12-31	GBX132.76 Million ≈ $16.15K	+21.95%
2011-12-31	GBX108.87 Million ≈ $13.25K	-3.41%
2010-12-31	GBX112.71 Million ≈ $13.71K	+11.86%
2009-12-31	GBX100.76 Million ≈ $12.26K	+14.81%
2008-12-31	GBX87.76 Million ≈ $10.68K	-38.46%
2007-12-31	GBX142.60 Million ≈ $17.35K	+12.61%
2006-12-31	GBX126.64 Million ≈ $15.41K	+18.79%
2005-12-31	GBX106.61 Million ≈ $12.97K	+44.92%
2004-12-31	GBX73.56 Million ≈ $8.95K	+19.70%
2003-12-31	GBX61.45 Million ≈ $7.48K	-27.01%
2002-12-31	GBX84.19 Million ≈ $10.24K	-13.35%
2001-12-31	GBX97.16 Million ≈ $11.82K	-1.87%
2000-12-31	GBX99.01 Million ≈ $12.05K	--

Equity Component Analysis

This analysis shows how different components contribute to Henderson High Income Trust'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 663.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	GBX10.19 Million	3.36%
Common Stock	GBX8.61 Million	2.84%
Other Comprehensive Income	GBX85.78 Million	28.29%
Other Components	GBX198.63 Million	65.51%
Total Equity	GBX303.21 Million	100.00%

Henderson High Income Trust Competitors by Market Cap

The table below lists competitors of Henderson High Income Trust ranked by their market capitalization.

Company	Market Cap
Eastfield Resources Ltd V:ETF	$4.04 Million
Baosheng Media Group Holdings Ltd NASDAQ:BAOS	$4.04 Million
Pensana Rare Earths Plc LSE:PRE	$4.04 Million
Vision Marine Technologies Inc NASDAQ:VMAR	$4.04 Million
Impera Capital S.A. WAR:IMP	$4.03 Million
Forterra PLC LSE:FORT	$4.03 Million
Rincon Resources Ltd AU:RCR	$4.02 Million
Abits Group Inc. NASDAQ:ABTS	$4.02 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Henderson High Income Trust's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 222,342,000 to 303,207,000, a change of 80,865,000 (36.4%).
Net income of 25,977,000 contributed positively to equity growth.
Dividend payments of 17,031,000 reduced retained earnings.
New share issuances of 32,586,000 increased equity.
Other comprehensive income increased equity by 59,483,000.
Other factors decreased equity by 20,150,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	GBX25.98 Million	+8.57%
Dividends Paid	GBX17.03 Million	-5.62%
Share Issuances	GBX32.59 Million	+10.75%
Other Comprehensive Income	GBX59.48 Million	+19.62%
Other Changes	GBX-20.15 Million	-6.65%
Total Change	GBX-	36.37%

Book Value vs Market Value Analysis

This analysis compares Henderson High Income Trust'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: 109.87x
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 decreased from 126.20x to 109.87x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-12-31	GBX1.55	GBX195.50	x
2003-12-31	GBX1.10	GBX195.50	x
2004-12-31	GBX1.31	GBX195.50	x
2005-12-31	GBX1.80	GBX195.50	x
2006-12-31	GBX1.82	GBX195.50	x
2007-12-31	GBX1.77	GBX195.50	x
2008-12-31	GBX1.03	GBX195.50	x
2009-12-31	GBX1.18	GBX195.50	x
2010-12-31	GBX1.30	GBX195.50	x
2011-12-31	GBX1.22	GBX195.50	x
2012-12-31	GBX1.44	GBX195.50	x
2013-12-31	GBX1.76	GBX195.50	x
2014-12-31	GBX1.78	GBX195.50	x
2015-12-31	GBX1.80	GBX195.50	x
2016-12-31	GBX1.86	GBX195.50	x
2017-12-31	GBX2.14	GBX195.50	x
2018-12-31	GBX1.64	GBX195.50	x
2019-12-31	GBX1.95	GBX195.50	x
2020-12-31	GBX1.64	GBX195.50	x
2021-12-31	GBX1.84	GBX195.50	x
2022-12-31	GBX1.66	GBX195.50	x
2023-12-31	GBX1.71	GBX195.50	x
2024-12-31	GBX1.78	GBX195.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Henderson High Income Trust 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): 8.57%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 106.33%
• Asset Turnover: 0.07x
• Equity Multiplier: 1.23x
Recent ROE (8.57%) is above the historical average (6.89%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	22.50%	74.52%	0.15x	1.98x	GBX7.68 Million
2004	20.23%	73.10%	0.15x	1.83x	GBX7.52 Million
2005	19.10%	78.20%	0.18x	1.36x	GBX9.70 Million
2006	18.70%	84.67%	0.17x	1.28x	GBX11.02 Million
2007	-4.60%	0.00%	-0.02x	1.24x	GBX-20.82 Million
2008	-54.41%	0.00%	-0.40x	1.28x	GBX-56.53 Million
2009	19.79%	94.10%	0.17x	1.25x	GBX9.86 Million
2010	13.24%	90.08%	0.12x	1.27x	GBX3.65 Million
2011	2.41%	46.61%	0.04x	1.27x	GBX-8.26 Million
2012	16.70%	98.55%	0.14x	1.22x	GBX8.89 Million
2013	22.89%	99.14%	0.19x	1.24x	GBX22.60 Million
2014	6.84%	97.13%	0.06x	1.24x	GBX-5.97 Million
2015	7.01%	97.08%	0.06x	1.24x	GBX-5.90 Million
2016	9.22%	97.63%	0.08x	1.23x	GBX-1.63 Million
2017	11.03%	98.39%	0.09x	1.22x	GBX2.64 Million
2018	-16.21%	0.00%	-0.12x	1.29x	GBX-55.25 Million
2019	21.03%	99.12%	0.17x	1.23x	GBX27.70 Million
2020	-12.77%	0.00%	-0.10x	1.24x	GBX-48.14 Million
2021	15.91%	98.50%	0.13x	1.25x	GBX13.97 Million
2022	-5.14%	0.00%	-0.04x	1.24x	GBX-32.45 Million
2023	9.63%	82.33%	0.09x	1.23x	GBX-814.20K
2024	8.57%	106.33%	0.07x	1.23x	GBX-4.34 Million

Industry Comparison

This section compares Henderson High Income Trust's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $745,852,800
Average return on equity (ROE) among peers: 2.99%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Henderson High Income Trust (HHI)	GBX327.21 Million	22.50%	0.20x	$4.03 Million
3I Infrastructure PLC (3IN)	$1.20 Billion	4.98%	0.15x	$42.14 Million
Albion Enterprise VCT PLC (AAEV)	$61.87 Million	11.55%	0.03x	$3.29 Million
abrdn Asian Income Fund Limited (AAIF)	$431.87 Million	14.17%	0.08x	$5.17 Million
Abrdn Asia Focus PLC (AAS)	$98.67 Million	9.82%	0.09x	$7.49 Million
Albion Technology & General VCT PLC (AATG)	$64.83 Million	5.63%	0.01x	$3.22 Million
Abrdn PLC (ABDN)	$4.56 Billion	10.22%	39.48x	$45.21 Million
Aberdeen Diversified Income and Growth Trust PLC (ADIG)	$426.87 Million	6.29%	0.20x	$450.86K
Aquila Energy Efficiency Trust PLC (AEET)	$69.67 Million	-2.91%	0.02x	$261.59K
Aquila European Renewables Income PLC (AERI)	$372.54 Million	-8.03%	0.00x	$79.35 Million
Artemis UK Future Leaders plc (AFL)	$174.91 Million	-21.80%	0.02x	$415.29

About Henderson High Income Trust

LSE:HHI UK Asset Management

Market Cap

$4.03 Million

GBX33.14 Billion GBX

Market Cap Rank

#28748 Global

#515 in UK

Share Price

GBX195.50

Change (1 day)

+0.00%

52-Week Range

GBX172.50 - GBX209.00

All Time High

GBX209.00