Henderson International Income Trust PLC (HINT) - Net Assets
Based on the latest financial reports, Henderson International Income Trust PLC (HINT) has net assets worth GBX364.18 Million GBX (≈ $44.31K USD) as of August 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX404.46 Million ≈ $49.21K USD) and total liabilities (GBX40.28 Million ≈ $4.90K 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 HINT asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX364.18 Million |
| % of Total Assets | 90.04% |
| Annual Growth Rate | 19.22% |
| 5-Year Change | 21.02% |
| 10-Year Change | 297.6% |
| Growth Volatility | 37.35 |
Henderson International Income Trust PLC - Net Assets Trend (2011–2024)
This chart illustrates how Henderson International Income Trust PLC's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Henderson International Income Trust PLC for the complete picture of this company's asset base.
Annual Net Assets for Henderson International Income Trust PLC (2011–2024)
The table below shows the annual net assets of Henderson International Income Trust PLC from 2011 to 2024. For live valuation and market cap data, see Henderson International Income Trust PLC (HINT) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | GBX364.18 Million ≈ $44.31K |
+5.75% |
| 2023-08-31 | GBX344.37 Million ≈ $41.90K |
-3.18% |
| 2022-08-31 | GBX355.69 Million ≈ $43.28K |
-0.13% |
| 2021-08-31 | GBX356.15 Million ≈ $43.33K |
+18.36% |
| 2020-08-31 | GBX300.92 Million ≈ $36.61K |
-2.67% |
| 2019-08-31 | GBX309.18 Million ≈ $37.62K |
+4.19% |
| 2018-08-31 | GBX296.75 Million ≈ $36.11K |
+4.50% |
| 2017-08-31 | GBX283.97 Million ≈ $34.55K |
+28.55% |
| 2016-08-31 | GBX220.90 Million ≈ $26.88K |
+141.18% |
| 2015-08-31 | GBX91.59 Million ≈ $11.14K |
+6.77% |
| 2014-08-31 | GBX85.79 Million ≈ $10.44K |
+53.94% |
| 2013-08-31 | GBX55.73 Million ≈ $6.78K |
+25.89% |
| 2012-08-31 | GBX44.27 Million ≈ $5.39K |
+19.54% |
| 2011-08-31 | GBX37.03 Million ≈ $4.51K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Henderson International 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX1.96 Million | 0.54% |
| Other Components | GBX362.22 Million | 99.46% |
| Total Equity | GBX364.18 Million | 100.00% |
Henderson International Income Trust PLC Competitors by Market Cap
The table below lists competitors of Henderson International Income Trust PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Crown Energy AB (publ)
F:CWE
|
$4.19 Million |
|
Leveljump Healthcare Corp
V:JUMP
|
$4.19 Million |
|
Biophytis S.A.
NASDAQ:BPTSY
|
$4.19 Million |
|
BGT Corporation Public Company Limited
BK:BGT
|
$4.19 Million |
|
Anagenics Ltd
AU:AN1
|
$4.18 Million |
|
Inhalerx Ltd
AU:IRX
|
$4.18 Million |
|
ASIA Capital Group Public Company Limited
BK:ACAP
|
$4.18 Million |
|
Mountview Estates PLC
LSE:MTVW
|
$4.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Henderson International Income Trust PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 344,370,000 to 364,180,000, a change of 19,810,000 (5.8%).
- Net income of 34,861,000 contributed positively to equity growth.
- Dividend payments of 15,051,000 reduced retained earnings.
- Other comprehensive income decreased equity by 140,651,000.
- Other factors increased equity by 140,651,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX34.86 Million | +9.57% |
| Dividends Paid | GBX15.05 Million | -4.13% |
| Other Comprehensive Income | GBX-140.65 Million | -38.62% |
| Other Changes | GBX140.65 Million | +38.62% |
| Total Change | GBX- | 5.75% |
Book Value vs Market Value Analysis
This analysis compares Henderson International 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: 94.44x
- 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 decreased from 170.26x to 94.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-08-31 | GBX1.03 | GBX175.50 | x |
| 2013-08-31 | GBX1.15 | GBX175.50 | x |
| 2014-08-31 | GBX1.39 | GBX175.50 | x |
| 2015-08-31 | GBX1.19 | GBX175.50 | x |
| 2016-08-31 | GBX2.07 | GBX175.50 | x |
| 2017-08-31 | GBX1.80 | GBX175.50 | x |
| 2018-08-31 | GBX1.68 | GBX175.50 | x |
| 2019-08-31 | GBX1.72 | GBX175.50 | x |
| 2020-08-31 | GBX1.57 | GBX175.50 | x |
| 2021-08-31 | GBX1.82 | GBX175.50 | x |
| 2022-08-31 | GBX1.81 | GBX175.50 | x |
| 2023-08-31 | GBX1.76 | GBX175.50 | x |
| 2024-08-31 | GBX1.86 | GBX175.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Henderson International 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): 9.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 89.72%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.11x
- Recent ROE (9.57%) is above the historical average (7.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 3.74% | 70.49% | 2.05x | 0.03x | GBX-2.77 Million |
| 2013 | 15.49% | 93.63% | 0.14x | 1.15x | GBX3.06 Million |
| 2014 | 8.25% | 90.33% | 0.08x | 1.08x | GBX-1.50 Million |
| 2015 | 1.82% | 66.43% | 0.02x | 1.11x | GBX-7.49 Million |
| 2016 | 17.01% | 96.89% | 0.17x | 1.03x | GBX15.48 Million |
| 2017 | 15.08% | 96.47% | 0.15x | 1.02x | GBX14.44 Million |
| 2018 | 5.52% | 89.06% | 0.06x | 1.02x | GBX-13.29 Million |
| 2019 | 1.92% | 75.32% | 0.02x | 1.11x | GBX-24.97 Million |
| 2020 | -3.44% | 0.00% | -0.02x | 1.15x | GBX-40.44 Million |
| 2021 | 18.81% | 96.90% | 0.18x | 1.10x | GBX31.38 Million |
| 2022 | 3.84% | 85.82% | 0.04x | 1.09x | GBX-21.92 Million |
| 2023 | 0.93% | 54.79% | 0.02x | 1.10x | GBX-31.25 Million |
| 2024 | 9.57% | 89.72% | 0.10x | 1.11x | GBX-1.56 Million |
Industry Comparison
This section compares Henderson International 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: $420,069,800
- Average return on equity (ROE) among peers: -11.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Henderson International Income Trust PLC (HINT) | GBX364.18 Million | 3.74% | 0.11x | $4.18 Million |
| 3I Infrastructure PLC (3IN) | $2.27 Billion | 9.87% | 0.01x | $42.14 Million |
| Albion Enterprise VCT PLC (AAEV) | $26.93 Million | 2.38% | 0.01x | $3.29 Million |
| abrdn Asian Income Fund Limited (AAIF) | $123.37 Million | 11.99% | 0.13x | $5.17 Million |
| Abrdn Asia Focus PLC (AAS) | $383.74 Million | 15.87% | 0.12x | $7.49 Million |
| Albion Technology & General VCT PLC (AATG) | $92.02 Million | 11.05% | 0.01x | $3.22 Million |
| Abrdn PLC (ABDN) | $250.00 Million | -182.40% | 407.06x | $45.21 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $382.54 Million | 14.91% | 0.21x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $261.59K |
| Aquila European Renewables Income PLC (AERI) | $417.44 Million | 6.38% | 0.01x | $79.35 Million |
| Artemis UK Future Leaders plc (AFL) | $158.28 Million | -8.46% | 0.01x | $401.50 |
About Henderson International Income Trust PLC
Henderson International Income Trust plc is a closed-ended balanced mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in public equity and fixed income markets across the globe, excluding the United Kingdom. It also invests a portion of its portfolio in derivative instruments. The fund seeks to invest i… Read more