Investcorp Credit Management BDC Inc (ICMB) - Net Assets
Based on the latest financial reports, Investcorp Credit Management BDC Inc (ICMB) has net assets worth $61.33 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($188.84 Million) and total liabilities ($127.51 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 Investcorp Credit Management BDC Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $61.33 Million |
| % of Total Assets | 32.48% |
| Annual Growth Rate | 12.88% |
| 5-Year Change | -28.23% |
| 10-Year Change | -60.6% |
| Growth Volatility | 111.2 |
Investcorp Credit Management BDC Inc - Net Assets Trend (2012–2024)
This chart illustrates how Investcorp Credit Management BDC Inc's net assets have evolved over time, based on quarterly financial data. See Investcorp Credit Management BDC Inc (ICMB) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Investcorp Credit Management BDC Inc (2012–2024)
The table below shows the annual net assets of Investcorp Credit Management BDC Inc from 2012 to 2024. For live valuation and market cap data, see ICMB stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $77.60 Million | -11.51% |
| 2023-06-30 | $87.70 Million | -6.21% |
| 2022-06-30 | $93.51 Million | -2.95% |
| 2021-06-30 | $96.36 Million | -10.88% |
| 2020-06-30 | $108.12 Million | -24.43% |
| 2019-06-30 | $143.08 Million | -16.58% |
| 2018-06-30 | $171.52 Million | +0.93% |
| 2017-06-30 | $169.95 Million | +4.42% |
| 2016-06-30 | $162.75 Million | -17.37% |
| 2015-06-30 | $196.95 Million | -1.63% |
| 2014-06-30 | $200.22 Million | +129.47% |
| 2013-06-30 | $87.25 Million | +380.94% |
| 2012-06-30 | $18.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Investcorp Credit Management BDC 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 12591775600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $14.41K | 0.02% |
| Other Components | $203.51 Million | 262.24% |
| Total Equity | $77.60 Million | 100.00% |
Investcorp Credit Management BDC Inc Competitors by Market Cap
The table below lists competitors of Investcorp Credit Management BDC Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PIMS Inc.
KQ:347770
|
$16.90 Million |
|
3R Games SA
WAR:3RG
|
$16.90 Million |
|
Kumpulan H & L High-Tech Bhd
KLSE:7033
|
$16.90 Million |
|
Daesung Microbiological Labs. Co. Ltd
KQ:036480
|
$16.92 Million |
|
Lion Forest Industries Bhd
KLSE:8486
|
$16.87 Million |
|
Berkosan Yalitim ve Tecrit Maddeleri Uretim ve Ticaret AS
IS:BRKSN
|
$16.86 Million |
|
Cruzados SADP
SN:CRUZADOS
|
$16.84 Million |
|
Managepay Systems Bhd
KLSE:0156
|
$16.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Investcorp Credit Management BDC Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,700,308 to 77,602,130, a change of -10,098,178 (-11.5%).
- Net income of 12,084,178 contributed positively to equity growth.
- Dividend payments of 5,737,842 reduced retained earnings.
- Other factors decreased equity by 16,444,514.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $12.08 Million | +15.57% |
| Dividends Paid | $5.74 Million | -7.39% |
| Other Changes | $-16.44 Million | -21.19% |
| Total Change | $- | -11.51% |
Book Value vs Market Value Analysis
This analysis compares Investcorp Credit Management BDC 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: 0.22x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-06-30 | $6.89 | $1.17 | x |
| 2014-06-30 | $14.65 | $1.17 | x |
| 2015-06-30 | $14.41 | $1.17 | x |
| 2016-06-30 | $11.90 | $1.17 | x |
| 2017-06-30 | $12.42 | $1.17 | x |
| 2018-06-30 | $12.53 | $1.17 | x |
| 2019-06-30 | $10.50 | $1.17 | x |
| 2020-06-30 | $7.87 | $1.17 | x |
| 2021-06-30 | $6.93 | $1.17 | x |
| 2022-06-30 | $6.54 | $1.17 | x |
| 2023-06-30 | $6.09 | $1.17 | x |
| 2024-06-30 | $5.39 | $1.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Investcorp Credit Management BDC 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): 15.57%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 51.98%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 2.67x
- Recent ROE (15.57%) is above the historical average (2.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.16% | 94.32% | 0.05x | 2.14x | $-728.89K |
| 2014 | 3.47% | 40.02% | 0.06x | 1.54x | $-13.07 Million |
| 2015 | 7.84% | 82.42% | 0.05x | 1.84x | $-4.26 Million |
| 2016 | -5.74% | -26.26% | 0.11x | 1.97x | $-25.62 Million |
| 2017 | 13.87% | 83.61% | 0.10x | 1.74x | $6.58 Million |
| 2018 | 9.11% | 69.99% | 0.07x | 1.83x | $-1.53 Million |
| 2019 | -10.16% | -42.28% | 0.10x | 2.35x | $-28.85 Million |
| 2020 | -22.80% | -71.55% | 0.12x | 2.74x | $-35.47 Million |
| 2021 | -2.40% | -72.75% | 0.01x | 2.78x | $-11.95 Million |
| 2022 | 2.77% | 10.59% | 0.10x | 2.63x | $-6.76 Million |
| 2023 | 3.69% | 43.28% | 0.03x | 2.64x | $-5.54 Million |
| 2024 | 15.57% | 51.98% | 0.11x | 2.67x | $4.32 Million |
Industry Comparison
This section compares Investcorp Credit Management BDC Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,622,810,822
- Average return on equity (ROE) among peers: 19.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Investcorp Credit Management BDC Inc (ICMB) | $61.33 Million | 9.16% | 2.08x | $16.89 Million |
| Acadian Asset Management Inc (AAMI) | $2.43 Billion | 0.12% | 2.51x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.26 Billion | 17.77% | 0.01x | $3.29 Billion |
| Associated Capital Group Inc (AC) | $916.05 Million | -6.34% | 0.04x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $160.40 Million | 149.15% | 0.14x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $-40.08K | 0.00% | 0.00x | $194.14 Million |
| Alpha Compute Corp (ALP) | $-214.26K | 0.00% | 0.00x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $75.99 Million | 5.18% | 0.76x | $307.39 Million |
| Affiliated Managers Group Inc (AMG) | $795.07 Million | 9.70% | 1.43x | $9.37 Billion |
| Ameriprise Financial Inc (AMP) | $9.71 Billion | 10.60% | 12.87x | $40.38 Billion |
| AMTD IDEA Group (AMTD) | $876.30 Million | 13.74% | 0.21x | $42.49 Million |
About Investcorp Credit Management BDC Inc
Investcorp Credit Management BDC, Inc. is a business development company specializing in loan, mezzanine, middle market, growth capital, acquisitions, market/product expansion, organic growth, refinancings and recapitalization investments. It also selectively invests in mezzanine loans/structured equity and in the equity of portfolio companies through warrants and other instruments, in most cases… Read more