Rights and Issues Investment Trust Public Limited Company
Rights and Issues Investment Trust Public Limited Company is a self-managed investment trust. The firm invests in public equity markets of the United Kingdom. It invests in stocks of small-cap companies. The firm benchmarks the performance of its portfolio against the FTSE All share index. Rights and Issues Investment Trust Public Limited Company was founded in 1963 and is based in London, United… Read more
Rights and Issues Investment Trust Public Limited Company (RIII) - Net Assets
Latest net assets as of June 2025: GBX125.17 Million GBX
Based on the latest financial reports, Rights and Issues Investment Trust Public Limited Company (RIII) has net assets worth GBX125.17 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 (GBX125.45 Million) and total liabilities (GBX278.00K). 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 | GBX125.17 Million |
| % of Total Assets | 99.78% |
| Annual Growth Rate | 4.43% |
| 5-Year Change | -27.7% |
| 10-Year Change | -13.68% |
| Growth Volatility | 23.53 |
Rights and Issues Investment Trust Public Limited Company - Net Assets Trend (2003–2024)
This chart illustrates how Rights and Issues Investment Trust Public Limited Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rights and Issues Investment Trust Public Limited Company (2003–2024)
The table below shows the annual net assets of Rights and Issues Investment Trust Public Limited Company from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX123.15 Million | -6.25% |
| 2023-12-31 | GBX131.36 Million | -6.69% |
| 2022-12-31 | GBX140.78 Million | -37.08% |
| 2021-12-31 | GBX223.73 Million | +31.35% |
| 2020-12-31 | GBX170.33 Million | -0.71% |
| 2019-12-31 | GBX171.56 Million | +1.17% |
| 2018-12-31 | GBX169.57 Million | -14.65% |
| 2017-12-31 | GBX198.69 Million | +10.69% |
| 2016-12-31 | GBX179.50 Million | +25.82% |
| 2015-12-31 | GBX142.67 Million | +22.81% |
| 2014-12-31 | GBX116.17 Million | -6.09% |
| 2013-12-31 | GBX123.71 Million | +43.33% |
| 2012-12-31 | GBX86.31 Million | +27.76% |
| 2011-12-31 | GBX67.56 Million | -3.01% |
| 2010-12-31 | GBX69.65 Million | +41.83% |
| 2009-12-31 | GBX49.11 Million | +27.75% |
| 2008-12-31 | GBX38.44 Million | -49.39% |
| 2007-12-31 | GBX75.95 Million | -8.51% |
| 2006-12-31 | GBX83.02 Million | +24.44% |
| 2005-12-31 | GBX66.72 Million | +15.17% |
| 2004-12-31 | GBX57.93 Million | +16.92% |
| 2003-12-31 | GBX49.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rights and Issues Investment Trust Public Limited Company'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 12089200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX120.89 Million | 98.17% |
| Common Stock | GBX1.21 Million | 0.98% |
| Other Components | GBX1.04 Million | 0.85% |
| Total Equity | GBX123.15 Million | 100.00% |
Rights and Issues Investment Trust Public Limited Company Competitors by Market Cap
The table below lists competitors of Rights and Issues Investment Trust Public Limited Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shahmurad Sugar Mills Ltd
KAR:SHSML
|
$12.92K |
|
343090
KO:343090
|
$12.92K |
|
Sangsangin No. 3 Special Purpose Acquisition Co.
KO:415580
|
$12.96K |
|
Thai Oil PCL
STU:LQZ
|
$12.96K |
|
Green Zebra International Corp
PINK:GZIC
|
$12.91K |
|
SLS BIO Co., Ltd
KQ:246250
|
$12.90K |
|
Petroleum Mechanical JSC
VN:PMS
|
$12.89K |
|
TTA Holdings Ltd
AU:TTA
|
$12.88K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rights and Issues Investment Trust Public Limited Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 131,359,000 to 123,147,000, a change of -8,212,000 (-6.3%).
- Net income of 11,802,000 contributed positively to equity growth.
- Dividend payments of 2,326,000 reduced retained earnings.
- Share repurchases of 17,504,000 reduced equity.
- Other comprehensive income decreased equity by 849,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX11.80 Million | +9.58% |
| Dividends Paid | GBX2.33 Million | -1.89% |
| Share Repurchases | GBX17.50 Million | -14.21% |
| Other Comprehensive Income | GBX-850.00K | -0.69% |
| Other Changes | GBX666.00K | +0.54% |
| Total Change | GBX- | -6.25% |
Book Value vs Market Value Analysis
This analysis compares Rights and Issues Investment Trust Public Limited Company'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: 91.44x
- 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 106.51x to 91.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | GBX20.14 | GBX2145.00 | x |
| 2004-12-31 | GBX23.55 | GBX2145.00 | x |
| 2005-12-31 | GBX27.12 | GBX2145.00 | x |
| 2006-12-31 | GBX33.75 | GBX2145.00 | x |
| 2007-12-31 | GBX30.88 | GBX2145.00 | x |
| 2008-12-31 | GBX15.63 | GBX2145.00 | x |
| 2009-12-31 | GBX19.96 | GBX2145.00 | x |
| 2010-12-31 | GBX28.31 | GBX2145.00 | x |
| 2011-12-31 | GBX27.46 | GBX2145.00 | x |
| 2012-12-31 | GBX9.47 | GBX2145.00 | x |
| 2013-12-31 | GBX13.38 | GBX2145.00 | x |
| 2014-12-31 | GBX7078.56 | GBX2145.00 | x |
| 2015-12-31 | GBX15524.37 | GBX2145.00 | x |
| 2016-12-31 | GBX19.91 | GBX2145.00 | x |
| 2017-12-31 | GBX22.93 | GBX2145.00 | x |
| 2018-12-31 | GBX20.87 | GBX2145.00 | x |
| 2019-12-31 | GBX22.00 | GBX2145.00 | x |
| 2020-12-31 | GBX22.59 | GBX2145.00 | x |
| 2021-12-31 | GBX29.82 | GBX2145.00 | x |
| 2022-12-31 | GBX0.19 | GBX2145.00 | x |
| 2023-12-31 | GBX22.44 | GBX2145.00 | x |
| 2024-12-31 | GBX23.46 | GBX2145.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rights and Issues Investment Trust Public Limited Company 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): 9.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 89.91%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.00x
- Recent ROE (9.58%) is above the historical average (6.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 28.00% | 96.62% | 0.29x | 1.02x | GBX8.92 Million |
| 2004 | 17.41% | 95.01% | 0.18x | 1.01x | GBX4.30 Million |
| 2005 | 16.00% | 94.57% | 0.17x | 1.02x | GBX4.00 Million |
| 2006 | 22.24% | 96.82% | 0.23x | 1.01x | GBX10.16 Million |
| 2007 | -6.31% | 0.00% | -0.05x | 1.01x | GBX-12.39 Million |
| 2008 | -91.55% | 0.00% | -0.90x | 1.01x | GBX-39.04 Million |
| 2009 | 25.23% | 96.11% | 0.26x | 1.00x | GBX7.48 Million |
| 2010 | 32.06% | 97.67% | 0.33x | 1.00x | GBX15.36 Million |
| 2011 | -0.46% | -134.35% | 0.00x | 1.00x | GBX-7.06 Million |
| 2012 | 23.81% | 97.23% | 0.24x | 1.00x | GBX11.92 Million |
| 2013 | 31.89% | 98.16% | 0.32x | 1.00x | GBX27.08 Million |
| 2014 | -4.15% | 0.00% | -0.04x | 1.00x | GBX-16.44 Million |
| 2015 | 20.12% | 97.78% | 0.21x | 1.00x | GBX14.44 Million |
| 2016 | 22.47% | 98.31% | 0.23x | 1.00x | GBX22.38 Million |
| 2017 | 16.94% | 97.40% | 0.17x | 1.00x | GBX13.80 Million |
| 2018 | -11.03% | 0.00% | -0.11x | 1.00x | GBX-35.67 Million |
| 2019 | 7.89% | 93.95% | 0.08x | 1.00x | GBX-3.63 Million |
| 2020 | 0.71% | 61.69% | 0.01x | 1.00x | GBX-15.83 Million |
| 2021 | 26.99% | 98.76% | 0.27x | 1.00x | GBX38.01 Million |
| 2022 | -38.53% | 0.00% | -0.38x | 1.00x | GBX-68.32 Million |
| 2023 | 2.74% | 74.94% | 0.04x | 1.00x | GBX-9.54 Million |
| 2024 | 9.58% | 89.91% | 0.11x | 1.00x | GBX-512.70K |
Industry Comparison
This section compares Rights and Issues Investment Trust Public Limited Company's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $381,578,830
- Average return on equity (ROE) among peers: 2.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rights and Issues Investment Trust Public Limited Company (RIII) | GBX125.17 Million | 28.00% | 0.00x | $12.91K |
| 3I Infrastructure PLC (3IN) | $1.25 Billion | 6.43% | 0.14x | $396.99K |
| 450 PLC (450) | $5.16 Million | -13.53% | 0.02x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $398.87 Million | 2.19% | 0.09x | $340.47 |
| Abrdn Asia Focus PLC (AAS) | $109.83 Million | -14.86% | 0.05x | $438.52 |
| Albion Technology & General VCT PLC (AATG) | $72.65 Million | 5.77% | 0.01x | $73.82 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $343.29 Million | -4.87% | 0.24x | $16.84 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $316.90 Million | -0.37% | 0.13x | $2.47K |
| Artemis UK Future Leaders plc (AFL) | $111.28 Million | 27.82% | 0.00x | $409.33 |
| AVI Global Trust PLC (AGT) | $1.11 Billion | 12.82% | 0.15x | $2.81 Million |