Litigation Capital Management Limited (LIT) - Net Assets
Based on the latest financial reports, Litigation Capital Management Limited (LIT) has net assets worth GBX181.80 Million GBX (≈ $22.12K USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX606.66 Million ≈ $73.81K USD) and total liabilities (GBX424.87 Million ≈ $51.69K 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 LIT goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX181.80 Million |
| % of Total Assets | 29.97% |
| Annual Growth Rate | 33.6% |
| 5-Year Change | 133.22% |
| 10-Year Change | N/A |
| Growth Volatility | 63.85 |
Litigation Capital Management Limited - Net Assets Trend (2016–2024)
This chart illustrates how Litigation Capital Management Limited's net assets have evolved over time, based on quarterly financial data. See LIT days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Litigation Capital Management Limited (2016–2024)
The table below shows the annual net assets of Litigation Capital Management Limited from 2016 to 2024. For live valuation and market cap data, see Litigation Capital Management Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | GBX188.94 Million ≈ $22.99K |
+2.98% |
| 2023-06-30 | GBX183.47 Million ≈ $22.32K |
+23.19% |
| 2022-06-30 | GBX148.93 Million ≈ $18.12K |
+67.54% |
| 2021-06-30 | GBX88.89 Million ≈ $10.82K |
+9.72% |
| 2020-06-30 | GBX81.02 Million ≈ $9.86K |
+6.26% |
| 2019-06-30 | GBX76.24 Million ≈ $9.28K |
+199.88% |
| 2018-06-30 | GBX25.42 Million ≈ $3.09K |
+52.62% |
| 2017-06-30 | GBX16.66 Million ≈ $2.03K |
-10.50% |
| 2016-06-30 | GBX18.61 Million ≈ $2.26K |
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Equity Component Analysis
This analysis shows how different components contribute to Litigation Capital Management 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 grown by 12706000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX120.49 Million | 63.77% |
| Common Stock | GBX69.67 Million | 36.88% |
| Other Comprehensive Income | GBX4.17 Million | 2.21% |
| Total Equity | GBX188.94 Million | 100.00% |
Litigation Capital Management Limited Competitors by Market Cap
The table below lists competitors of Litigation Capital Management Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Red Rock Resources
LSE:RRR
|
$25.87K |
|
Botswana Diamonds plc
LSE:BOD
|
$26.24K |
|
Kiatnakin Phatra Bank Public Company Limited
F:KIFF
|
$26.66K |
|
Gaming Technologies Inc. Common Stock
NASDAQ:GMGT
|
$27.42K |
|
AMUR MINERALS (A7L.SG)
STU:A7L
|
$25.62K |
|
QUICKBIT EU AB O.N.
F:QBT
|
$25.44K |
|
Northcoders Group PLC
LSE:CODE
|
$24.86K |
|
IQ-AI Ltd
LSE:IQAI
|
$24.76K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Litigation Capital Management Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 183,468,000 to 188,941,000, a change of 5,473,000 (3.0%).
- Net income of 12,715,000 contributed positively to equity growth.
- Dividend payments of 4,976,000 reduced retained earnings.
- Share repurchases of 5,396,000 reduced equity.
- Other comprehensive income increased equity by 3,130,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX12.71 Million | +6.73% |
| Dividends Paid | GBX4.98 Million | -2.63% |
| Share Repurchases | GBX5.40 Million | -2.86% |
| Other Comprehensive Income | GBX3.13 Million | +1.66% |
| Total Change | GBX- | 2.98% |
Book Value vs Market Value Analysis
This analysis compares Litigation Capital Management 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: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.61x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | GBX0.37 | GBX2.07 | x |
| 2017-06-30 | GBX0.36 | GBX2.07 | x |
| 2018-06-30 | GBX0.45 | GBX2.07 | x |
| 2019-06-30 | GBX0.86 | GBX2.07 | x |
| 2020-06-30 | GBX0.73 | GBX2.07 | x |
| 2021-06-30 | GBX0.80 | GBX2.07 | x |
| 2022-06-30 | GBX1.36 | GBX2.07 | x |
| 2023-06-30 | GBX1.65 | GBX2.07 | x |
| 2024-06-30 | GBX1.68 | GBX2.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Litigation Capital Management 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): 6.73%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 102.19%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 3.13x
- Recent ROE (6.73%) is below the historical average (9.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -12.09% | -42.18% | 0.22x | 1.32x | GBX-4.10 Million |
| 2017 | -13.71% | -104.07% | 0.10x | 1.33x | GBX-3.95 Million |
| 2018 | 33.85% | 28.96% | 1.01x | 1.16x | GBX6.06 Million |
| 2019 | 9.34% | 20.50% | 0.41x | 1.11x | GBX-506.70K |
| 2020 | 6.48% | 13.64% | 0.35x | 1.37x | GBX-2.85 Million |
| 2021 | 9.97% | 23.92% | 0.19x | 2.25x | GBX-24.20K |
| 2022 | 23.24% | 33.33% | 0.26x | 2.73x | GBX19.72 Million |
| 2023 | 17.16% | 17.04% | 0.34x | 2.99x | GBX13.14 Million |
| 2024 | 6.73% | 102.19% | 0.02x | 3.13x | GBX-6.18 Million |
Industry Comparison
This section compares Litigation Capital Management Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $6,002,516,897
- Average return on equity (ROE) among peers: -37.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Litigation Capital Management Limited (LIT) | GBX181.80 Million | -12.09% | 2.34x | $25.86K |
| Amigo Holdings PLC (AMGO) | $12.60 Million | -276.23% | 16.39x | $355.08K |
| ASA International Group PLC (ASAI) | $96.49 Million | 30.31% | 4.89x | $2.80 Million |
| Distribution Finance Capital Holdings PLC (DFCH) | $127.61 Million | 11.88% | 6.84x | $1.13 Million |
| Funding Circle Holdings PLC (FCH) | $4.92 Million | -83.15% | 0.67x | $5.09 Million |
| General Accident PLC (GACA) | $13.94 Billion | 0.99% | 0.00x | $374.75 Million |
| H&T Group plc (HAT) | $35.75 Million | 19.91% | 1.27x | $3.44 Million |
| International Personal Finance PLC (IPF) | $39.76 Billion | 0.00% | 15.47x | $6.63 Million |
| Sancus Lending Group Ltd (LEND) | $29.49 Million | -49.22% | 2.49x | $83.56K |
| Orchard Funding Group PLC (ORCH) | $15.80 Million | 5.31% | 1.05x | $150.69K |
About Litigation Capital Management Limited
Litigation Capital Management Limited provides litigation finance and risk management services in Australia and the United Kingdom. The company operates in two business models, including direct investments made from LCM's permanent balance sheet capital; and fund and/or asset management. Its products and services include dispute finance for companies, international arbitration, and law firms; dis… Read more