Gulf Island Fabrication Inc (GIFI) - Net Assets
Based on the latest financial reports, Gulf Island Fabrication Inc (GIFI) has net assets worth $94.30 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($146.73 Million) and total liabilities ($52.42 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. Check Gulf Island Fabrication Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $94.30 Million |
| % of Total Assets | 64.27% |
| Annual Growth Rate | 2.28% |
| 5-Year Change | -25.2% |
| 10-Year Change | -63.8% |
| Growth Volatility | 15.99 |
Gulf Island Fabrication Inc - Net Assets Trend (1997–2024)
This chart illustrates how Gulf Island Fabrication Inc's net assets have evolved over time, based on quarterly financial data. See Gulf Island Fabrication Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Gulf Island Fabrication Inc (1997–2024)
The table below shows the annual net assets of Gulf Island Fabrication Inc from 1997 to 2024. For live valuation and market cap data, see GIFI company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $93.10 Million | +17.89% |
| 2023-12-31 | $78.97 Million | -23.05% |
| 2022-12-31 | $102.62 Million | -1.24% |
| 2021-12-31 | $103.91 Million | -16.52% |
| 2020-12-31 | $124.48 Million | -18.48% |
| 2019-12-31 | $152.69 Million | -24.08% |
| 2018-12-31 | $201.10 Million | -8.38% |
| 2017-12-31 | $219.49 Million | -16.55% |
| 2016-12-31 | $263.03 Million | +2.27% |
| 2015-12-31 | $257.20 Million | -10.01% |
| 2014-12-31 | $285.80 Million | +3.71% |
| 2013-12-31 | $275.56 Million | +0.75% |
| 2012-12-31 | $273.50 Million | -3.29% |
| 2011-12-31 | $282.80 Million | -1.53% |
| 2010-12-31 | $287.19 Million | +4.89% |
| 2009-12-31 | $273.80 Million | +7.71% |
| 2008-12-31 | $254.21 Million | +11.05% |
| 2007-12-31 | $228.91 Million | +14.03% |
| 2006-12-31 | $200.76 Million | +45.20% |
| 2005-12-31 | $138.26 Million | +9.23% |
| 2004-12-31 | $126.58 Million | +13.44% |
| 2003-12-31 | $111.59 Million | +17.49% |
| 2002-12-31 | $94.98 Million | +6.83% |
| 2001-12-31 | $88.91 Million | +9.40% |
| 2000-12-31 | $81.27 Million | +6.09% |
| 1999-12-31 | $76.60 Million | +9.90% |
| 1998-12-31 | $69.70 Million | +37.75% |
| 1997-12-31 | $50.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gulf Island Fabrication Inc'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 329.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.67 Million | 12.53% |
| Other Components | $108.06 Million | 116.07% |
| Total Equity | $93.10 Million | 100.00% |
Gulf Island Fabrication Inc Competitors by Market Cap
The table below lists competitors of Gulf Island Fabrication Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Perdana Karya Perkasa Tbk
JK:PKPK
|
$188.44 Million |
|
Sinphar Pharmaceutical Co Ltd
TW:1734
|
$188.46 Million |
|
Arman Financial Services Limited
NSE:ARMANFIN
|
$188.57 Million |
|
Doktas Dokumculuk Ticaret ve Sanayi AS
IS:DOKTA
|
$188.68 Million |
|
TON Strategy Co
NASDAQ:TONX
|
$188.25 Million |
|
SOL-GEL TECHN. IS-10
F:4SG
|
$188.23 Million |
|
XRF Scientific Ltd
AU:XRF
|
$188.19 Million |
|
Central Industrial Corp
KLSE:8052
|
$188.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gulf Island Fabrication Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 78,971,000 to 93,102,000, a change of 14,131,000 (17.9%).
- Net income of 14,741,000 contributed positively to equity growth.
- Share repurchases of 1,204,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.74 Million | +15.83% |
| Share Repurchases | $1.20 Million | -1.29% |
| Other Changes | $594.00K | +0.64% |
| Total Change | $- | 17.89% |
Book Value vs Market Value Analysis
This analysis compares Gulf Island Fabrication Inc'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: 2.16x
- 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 2.54x to 2.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $4.73 | $12.00 | x |
| 1998-12-31 | $5.97 | $12.00 | x |
| 1999-12-31 | $6.52 | $12.00 | x |
| 2000-12-31 | $6.99 | $12.00 | x |
| 2001-12-31 | $7.59 | $12.00 | x |
| 2002-12-31 | $8.01 | $12.00 | x |
| 2003-12-31 | $9.40 | $12.00 | x |
| 2004-12-31 | $10.41 | $12.00 | x |
| 2005-12-31 | $11.18 | $12.00 | x |
| 2006-12-31 | $14.40 | $12.00 | x |
| 2007-12-31 | $16.01 | $12.00 | x |
| 2008-12-31 | $17.79 | $12.00 | x |
| 2009-12-31 | $19.15 | $12.00 | x |
| 2010-12-31 | $20.06 | $12.00 | x |
| 2011-12-31 | $19.71 | $12.00 | x |
| 2012-12-31 | $18.99 | $12.00 | x |
| 2013-12-31 | $19.04 | $12.00 | x |
| 2014-12-31 | $19.70 | $12.00 | x |
| 2015-12-31 | $17.75 | $12.00 | x |
| 2016-12-31 | $17.96 | $12.00 | x |
| 2017-12-31 | $14.81 | $12.00 | x |
| 2018-12-31 | $13.42 | $12.00 | x |
| 2019-12-31 | $10.03 | $12.00 | x |
| 2020-12-31 | $8.13 | $12.00 | x |
| 2021-12-31 | $6.70 | $12.00 | x |
| 2022-12-31 | $6.48 | $12.00 | x |
| 2023-12-31 | $4.88 | $12.00 | x |
| 2024-12-31 | $5.56 | $12.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gulf Island Fabrication Inc 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): 15.83%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.26%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 1.43x
- Recent ROE (15.83%) is above the historical average (1.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 24.11% | 8.94% | 2.01x | 1.34x | $7.14 Million |
| 1998 | 26.97% | 9.77% | 1.97x | 1.40x | $11.83 Million |
| 1999 | 8.75% | 5.57% | 1.27x | 1.24x | $-960.00K |
| 2000 | 5.15% | 3.73% | 1.17x | 1.18x | $-3.94 Million |
| 2001 | 8.17% | 6.39% | 1.11x | 1.15x | $-1.63 Million |
| 2002 | 5.87% | 3.90% | 1.26x | 1.19x | $-3.93 Million |
| 2003 | 14.15% | 7.75% | 1.45x | 1.26x | $4.63 Million |
| 2004 | 9.51% | 6.93% | 1.14x | 1.20x | $-616.40K |
| 2005 | 9.39% | 6.89% | 1.15x | 1.18x | $-839.50K |
| 2006 | 10.62% | 6.83% | 1.24x | 1.25x | $1.25 Million |
| 2007 | 13.62% | 6.59% | 1.45x | 1.42x | $8.28 Million |
| 2008 | 11.42% | 6.90% | 1.20x | 1.38x | $3.60 Million |
| 2009 | 7.60% | 6.68% | 0.93x | 1.22x | $-6.58 Million |
| 2010 | 4.56% | 5.27% | 0.74x | 1.17x | $-15.63 Million |
| 2011 | -0.64% | -0.59% | 0.78x | 1.40x | $-30.08 Million |
| 2012 | -1.50% | -0.78% | 1.29x | 1.48x | $-31.44 Million |
| 2013 | 2.62% | 1.19% | 1.43x | 1.55x | $-20.32 Million |
| 2014 | 5.36% | 3.02% | 1.26x | 1.41x | $-13.26 Million |
| 2015 | -9.86% | -8.29% | 0.97x | 1.23x | $-51.08 Million |
| 2016 | 1.34% | 1.23% | 0.89x | 1.23x | $-22.79 Million |
| 2017 | -20.40% | -26.18% | 0.63x | 1.23x | $-66.72 Million |
| 2018 | -10.13% | -9.21% | 0.86x | 1.28x | $-40.49 Million |
| 2019 | -32.35% | -16.29% | 1.20x | 1.66x | $-64.66 Million |
| 2020 | -22.03% | -23.30% | 0.50x | 1.90x | $-39.87 Million |
| 2021 | -21.33% | -23.72% | 0.69x | 1.30x | $-32.56 Million |
| 2022 | -3.27% | -2.36% | 1.06x | 1.31x | $-13.61 Million |
| 2023 | -30.90% | -16.15% | 1.18x | 1.63x | $-32.30 Million |
| 2024 | 15.83% | 9.26% | 1.20x | 1.43x | $5.43 Million |
Industry Comparison
This section compares Gulf Island Fabrication Inc's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $518,767,889
- Average return on equity (ROE) among peers: 6.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gulf Island Fabrication Inc (GIFI) | $94.30 Million | 24.11% | 0.56x | $188.30 Million |
| Ampco-Pittsburgh Corporation (AP) | $119.70 Million | 10.36% | 0.57x | $212.21 Million |
| Allegheny Technologies Incorporated (ATI) | $832.70 Million | 22.17% | 4.15x | $19.84 Billion |
| Commercial Metals Company (CMC) | $133.70 Million | 6.96% | 1.11x | $8.15 Billion |
| CompoSecure, Inc. (CMPO) | $-143.45 Million | 0.00% | 0.00x | $2.49 Billion |
| CompoSecure, Inc. (CMPO) | $-205.77 Million | 0.00% | 0.00x | $4.78 Billion |
| Carpenter Technology Corporation (CRS) | $1.45 Billion | 0.10% | 1.23x | $27.99 Billion |
| ESAB Corp (ESAB) | $2.68 Billion | 6.45% | 0.30x | $5.89 Billion |
| GPGI, Inc. (GPGI) | $-205.77 Million | 0.00% | 0.00x | $3.86 Billion |
| Highway Holdings Limited (HIHO) | $10.90 Million | 11.01% | 0.40x | $3.61 Million |
About Gulf Island Fabrication Inc
Gulf Island Fabrication, Inc., together with its subsidiaries, operates as a fabricator of steel structures and modules in the United States. It operates through Services, Fabrication, and Shipyard divisions. The company offers maintenance, repair, construction, scaffolding, coatings, welding enclosures, cleaning and environmental, and other specialty services on offshore platforms, inland struct… Read more