Livermore Investments Group Limited
Livermore Investments Group Limited is a publicly owned investment manager. The firm primarily invests in fixed income instruments such as Collateralized Loan Obligations ("CLOs"). The company, formerly Empire Online Limited, was incorporated in 2002 and is headquartered in Road Town, British Virgin Islands.
Livermore Investments Group Limited (LIV) - Net Assets
Latest net assets as of June 2025: GBX131.98 Million GBX
Based on the latest financial reports, Livermore Investments Group Limited (LIV) has net assets worth GBX131.98 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX143.79 Million) and total liabilities (GBX11.81 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX131.98 Million |
| % of Total Assets | 91.79% |
| Annual Growth Rate | -2.66% |
| 5-Year Change | -15.13% |
| 10-Year Change | -6.41% |
| Growth Volatility | 14.62 |
Livermore Investments Group Limited - Net Assets Trend (2005–2024)
This chart illustrates how Livermore Investments Group Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Livermore Investments Group Limited (2005–2024)
The table below shows the annual net assets of Livermore Investments Group Limited from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX139.10 Million | +2.40% |
| 2023-12-31 | GBX135.84 Million | +6.35% |
| 2022-12-31 | GBX127.72 Million | -28.13% |
| 2021-12-31 | GBX177.72 Million | +8.43% |
| 2020-12-31 | GBX163.91 Million | -5.30% |
| 2019-12-31 | GBX173.08 Million | -3.96% |
| 2018-12-31 | GBX180.22 Million | +0.47% |
| 2017-12-31 | GBX179.37 Million | +14.12% |
| 2016-12-31 | GBX157.17 Million | +5.74% |
| 2015-12-31 | GBX148.64 Million | -7.09% |
| 2014-12-31 | GBX159.97 Million | -4.99% |
| 2013-12-31 | GBX168.37 Million | -2.66% |
| 2012-12-31 | GBX172.98 Million | +18.94% |
| 2011-12-31 | GBX145.44 Million | +2.21% |
| 2010-12-31 | GBX142.29 Million | +10.67% |
| 2009-12-31 | GBX128.57 Million | -28.55% |
| 2008-12-31 | GBX179.95 Million | -34.91% |
| 2007-12-31 | GBX276.44 Million | +0.80% |
| 2006-12-31 | GBX274.25 Million | +18.02% |
| 2005-12-31 | GBX232.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Livermore Investments Group 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 decreased by 125.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | GBX-18.36 Million | -13.20% |
| Other Components | GBX163.13 Million | 117.27% |
| Total Equity | GBX139.10 Million | 100.00% |
Livermore Investments Group Limited Competitors by Market Cap
The table below lists competitors of Livermore Investments Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHINA SHINEWAY PHAR (C1S.SG)
STU:C1S
|
$9.98K |
|
PGMN3F
SA:PGMN3F
|
$9.98K |
|
Water Supply Sewerage Construction and Investment JSC
VN:VSI
|
$9.98K |
|
Neuralbase AI Ltd.
PINK:VIRAD
|
$9.99K |
|
Schroder European Reit Plc
LSE:SERE
|
$9.98K |
|
Heidmar Maritime Holdings Corp. Common Stock
NYSE:HMR
|
$9.98K |
|
Mobidays Inc.
KO:363260
|
$9.97K |
|
SCIG4
MC:SCIG4
|
$9.96K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Livermore Investments Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 135,837,000 to 139,103,000, a change of 3,266,000 (2.4%).
- Net income of 6,585,000 contributed positively to equity growth.
- Dividend payments of 6,988,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,669,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX6.58 Million | +4.73% |
| Dividends Paid | GBX6.99 Million | -5.02% |
| Other Comprehensive Income | GBX3.67 Million | +2.64% |
| Total Change | GBX- | 2.40% |
Book Value vs Market Value Analysis
This analysis compares Livermore Investments Group 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: 56.23x
- 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 53.06x to 56.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | GBX0.89 | GBX47.30 | x |
| 2006-12-31 | GBX0.91 | GBX47.30 | x |
| 2007-12-31 | GBX0.96 | GBX47.30 | x |
| 2008-12-31 | GBX0.63 | GBX47.30 | x |
| 2009-12-31 | GBX0.44 | GBX47.30 | x |
| 2010-12-31 | GBX0.50 | GBX47.30 | x |
| 2011-12-31 | GBX0.54 | GBX47.30 | x |
| 2012-12-31 | GBX0.78 | GBX47.30 | x |
| 2013-12-31 | GBX0.86 | GBX47.30 | x |
| 2014-12-31 | GBX0.82 | GBX47.30 | x |
| 2015-12-31 | GBX0.78 | GBX47.30 | x |
| 2016-12-31 | GBX0.84 | GBX47.30 | x |
| 2017-12-31 | GBX1.00 | GBX47.30 | x |
| 2018-12-31 | GBX1.00 | GBX47.30 | x |
| 2019-12-31 | GBX0.99 | GBX47.30 | x |
| 2020-12-31 | GBX0.94 | GBX47.30 | x |
| 2021-12-31 | GBX1.07 | GBX47.30 | x |
| 2022-12-31 | GBX0.77 | GBX47.30 | x |
| 2023-12-31 | GBX0.82 | GBX47.30 | x |
| 2024-12-31 | GBX0.84 | GBX47.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Livermore Investments Group 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): 4.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 52.98%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.03x
- Recent ROE (4.73%) is above the historical average (1.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 17.72% | 0.00% | 0.00x | 1.09x | GBX17.94 Million |
| 2006 | 22.87% | 661.00% | 0.03x | 1.14x | GBX35.30 Million |
| 2007 | 7.49% | 0.00% | 0.00x | 1.44x | GBX-6.93 Million |
| 2008 | -34.38% | -1613.00% | 0.01x | 1.56x | GBX-79.85 Million |
| 2009 | -47.54% | 0.00% | -0.01x | 1.85x | GBX-73.98 Million |
| 2010 | 5.96% | 0.00% | -0.01x | 1.89x | GBX-5.74 Million |
| 2011 | 3.68% | 0.00% | -0.02x | 1.85x | GBX-9.19 Million |
| 2012 | 14.83% | 80.07% | 0.11x | 1.69x | GBX8.36 Million |
| 2013 | 1.47% | 14.38% | 0.06x | 1.67x | GBX-14.36 Million |
| 2014 | 4.50% | 46.23% | 0.06x | 1.58x | GBX-8.79 Million |
| 2015 | -3.20% | 0.00% | -0.04x | 1.65x | GBX-19.62 Million |
| 2016 | 21.62% | 121.66% | 0.15x | 1.16x | GBX18.26 Million |
| 2017 | 9.33% | 72.12% | 0.13x | 1.02x | GBX-1.17 Million |
| 2018 | 2.96% | 36.48% | 0.08x | 1.03x | GBX-12.27 Million |
| 2019 | -0.62% | -25.73% | 0.02x | 1.03x | GBX-18.39 Million |
| 2020 | 0.52% | 23.96% | 0.02x | 1.03x | GBX-15.55 Million |
| 2021 | 13.90% | 73.20% | 0.18x | 1.04x | GBX6.93 Million |
| 2022 | -19.07% | 0.00% | -0.16x | 1.03x | GBX-37.13 Million |
| 2023 | 10.22% | 78.21% | 0.13x | 1.03x | GBX304.30K |
| 2024 | 4.73% | 52.98% | 0.09x | 1.03x | GBX-7.33 Million |
Industry Comparison
This section compares Livermore Investments Group Limited's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $395,694,700
- Average return on equity (ROE) among peers: -81.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Livermore Investments Group Limited (LIV) | GBX131.98 Million | 17.72% | 0.09x | $9.98K |
| 3I Infrastructure PLC (3IN) | $1.09 Billion | 8.57% | 0.18x | $396.99K |
| 450 PLC (450) | $1.30 Million | -791.13% | 5.03x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $431.48 Million | 11.10% | 0.09x | $315.37 |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $434.78 |
| Albion Technology & General VCT PLC (AATG) | $34.46 Million | 4.41% | 0.01x | $78.71 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $492.42 Million | 0.00% | 0.32x | $16.61 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $2.45K |
| Artemis UK Future Leaders plc (AFL) | $84.35 Million | -40.52% | 0.02x | $401.26 |
| AVI Global Trust PLC (AGT) | $938.94 Million | 2.59% | 0.12x | $2.83 Million |