Renewables Infrastructure Grp (TRIG) - Net Assets
Based on the latest financial reports, Renewables Infrastructure Grp (TRIG) has net assets worth GBX2.61 Billion GBX (≈ $317.77K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX2.62 Billion ≈ $318.40K USD) and total liabilities (GBX5.20 Million ≈ $632.69 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 TRIG cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX2.61 Billion |
| % of Total Assets | 99.8% |
| Annual Growth Rate | 22.2% |
| 5-Year Change | 30.14% |
| 10-Year Change | 293.11% |
| Growth Volatility | 21.41 |
Renewables Infrastructure Grp - Net Assets Trend (2013–2024)
This chart illustrates how Renewables Infrastructure Grp's net assets have evolved over time, based on quarterly financial data. Also explore how large is Renewables Infrastructure Grp's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Renewables Infrastructure Grp (2013–2024)
The table below shows the annual net assets of Renewables Infrastructure Grp from 2013 to 2024. For live valuation and market cap data, see market value of Renewables Infrastructure Grp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX2.86 Billion ≈ $347.53K |
-10.02% |
| 2023-12-31 | GBX3.17 Billion ≈ $386.22K |
-5.04% |
| 2022-12-31 | GBX3.34 Billion ≈ $406.71K |
+23.52% |
| 2021-12-31 | GBX2.71 Billion ≈ $329.26K |
+23.30% |
| 2020-12-31 | GBX2.19 Billion ≈ $267.05K |
+16.54% |
| 2019-12-31 | GBX1.88 Billion ≈ $229.16K |
+46.70% |
| 2018-12-31 | GBX1.28 Billion ≈ $156.21K |
+30.64% |
| 2017-12-31 | GBX982.77 Million ≈ $119.58K |
+17.80% |
| 2016-12-31 | GBX834.27 Million ≈ $101.51K |
+14.82% |
| 2015-12-31 | GBX726.59 Million ≈ $88.41K |
+70.69% |
| 2014-12-31 | GBX425.68 Million ≈ $51.79K |
+35.20% |
| 2013-12-31 | GBX314.86 Million ≈ $38.31K |
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Equity Component Analysis
This analysis shows how different components contribute to Renewables Infrastructure Grp'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 895.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX102.60 Million | 3.59% |
| Common Stock | GBX2.75 Billion | 96.37% |
| Other Comprehensive Income | GBX1.00 Million | 0.04% |
| Total Equity | GBX2.86 Billion | 100.00% |
Renewables Infrastructure Grp Competitors by Market Cap
The table below lists competitors of Renewables Infrastructure Grp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quickfee Ltd
AU:QFE
|
$20.47 Million |
|
Arandu Investimentos S.A.
SA:ARND3
|
$20.47 Million |
|
Matritense Real Estate SOCIMI S.A.
MC:YMAT
|
$20.48 Million |
|
Rathbone Brothers PLC
LSE:RAT
|
$20.48 Million |
|
Ji Yao Holding Group Co Ltd
SHE:300108
|
$20.47 Million |
|
Ziga Innovation Public Company Limited
BK:ZIGA
|
$20.45 Million |
|
Inovalis Real Estate Investment Trust
TO:INO-UN
|
$20.45 Million |
|
TAS Offshore Bhd
KLSE:5149
|
$20.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Renewables Infrastructure Grp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,174,300,000 to 2,856,300,000, a change of -318,000,000 (-10.0%).
- Net loss of 115,200,000 reduced equity.
- Dividend payments of 183,500,000 reduced retained earnings.
- Share repurchases of 20,900,000 reduced equity.
- New share issuances of 2,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-115.20 Million | -4.03% |
| Dividends Paid | GBX183.50 Million | -6.42% |
| Share Repurchases | GBX20.90 Million | -0.73% |
| Share Issuances | GBX2.00 Million | +0.07% |
| Other Changes | GBX-400.00K | -0.01% |
| Total Change | GBX- | -10.02% |
Book Value vs Market Value Analysis
This analysis compares Renewables Infrastructure Grp'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: 60.96x
- 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 68.10x to 60.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | GBX1.03 | GBX70.35 | x |
| 2014-12-31 | GBX1.13 | GBX70.35 | x |
| 2015-12-31 | GBX1.28 | GBX70.35 | x |
| 2016-12-31 | GBX1.07 | GBX70.35 | x |
| 2017-12-31 | GBX1.06 | GBX70.35 | x |
| 2018-12-31 | GBX1.21 | GBX70.35 | x |
| 2019-12-31 | GBX1.32 | GBX70.35 | x |
| 2020-12-31 | GBX1.28 | GBX70.35 | x |
| 2021-12-31 | GBX1.29 | GBX70.35 | x |
| 2022-12-31 | GBX1.38 | GBX70.35 | x |
| 2023-12-31 | GBX1.28 | GBX70.35 | x |
| 2024-12-31 | GBX1.15 | GBX70.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Renewables Infrastructure Grp 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): -4.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.04x
- • Equity Multiplier: 1.00x
- Recent ROE (-4.03%) is below the historical average (5.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 3.27% | 73.67% | 0.04x | 1.00x | GBX-21.18 Million |
| 2014 | 5.47% | 97.36% | 0.06x | 1.00x | GBX-19.27 Million |
| 2015 | 2.34% | 95.70% | 0.02x | 1.00x | GBX-55.65 Million |
| 2016 | 8.14% | 98.84% | 0.08x | 1.00x | GBX-15.52 Million |
| 2017 | 9.18% | 99.00% | 0.09x | 1.00x | GBX-8.10 Million |
| 2018 | 9.59% | 99.14% | 0.10x | 1.00x | GBX-5.24 Million |
| 2019 | 8.60% | 99.14% | 0.09x | 1.00x | GBX-26.31 Million |
| 2020 | 4.56% | 98.43% | 0.05x | 1.00x | GBX-119.32 Million |
| 2021 | 7.78% | 99.20% | 0.08x | 1.00x | GBX-60.16 Million |
| 2022 | 15.58% | 99.60% | 0.16x | 1.01x | GBX186.44 Million |
| 2023 | 0.18% | 4.70% | 0.04x | 1.00x | GBX-311.63 Million |
| 2024 | -4.03% | 0.00% | -0.04x | 1.00x | GBX-400.83 Million |
Industry Comparison
This section compares Renewables Infrastructure Grp's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $878,207,500
- Average return on equity (ROE) among peers: -2.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Renewables Infrastructure Grp (TRIG) | GBX2.61 Billion | 3.27% | 0.00x | $20.47 Million |
| Downing Renewables & Infrastructure Trust PLC (DORE) | $199.93 Million | 2.49% | 0.00x | $2.11 Million |
| Drax Group PLC (DRX) | $1.41 Billion | 3.65% | 0.79x | $36.82 Million |
| Atlantis Resources Ltd (SAE) | $60.23 Million | -18.00% | 0.83x | $241.85K |
| Greencoat UK Wind PLC (UKW) | $1.84 Billion | 2.35% | 0.33x | $26.31 Million |
About Renewables Infrastructure Grp
The Renewables Infrastructure Group Limited specializes in infrastructure investments. The fund typically invests in operational assets which generate electricity from renewable sources, with a particular focus on onshore wind farms and solar photovoltaic parks. It seeks to invest in United Kingdom and Northern European countries including France, Ireland, Germany and Scandinavia. The fund seeks … Read more