Maiden Holdings Ltd
As of May 27, 2025, Maiden Holdings, Ltd. was acquired by Kestrel Group, LLC, in a reverse merger transaction. Maiden Holdings, Ltd., through its subsidiaries, provides property and casualty insurance and reinsurance solutions to regional and specialty insurers in Europe, North America, and internationally. It operates in two segments, Diversified Reinsurance and AmTrust Reinsurance. The company … Read more
Maiden Holdings Ltd (MHLD) - Net Assets
Latest net assets as of March 2025: $37.57 Million USD
Based on the latest financial reports, Maiden Holdings Ltd (MHLD) has net assets worth $37.57 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.23 Billion) and total liabilities ($1.20 Billion). 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 | $37.57 Million |
| % of Total Assets | 3.04% |
| Annual Growth Rate | -13.55% |
| 5-Year Change | -98.27% |
| 10-Year Change | -96.65% |
| Growth Volatility | 105.67 |
Maiden Holdings Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Maiden Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Maiden Holdings Ltd (2007–2024)
The table below shows the annual net assets of Maiden Holdings Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $45.19 Million | -81.86% |
| 2023-12-31 | $249.16 Million | -12.45% |
| 2022-12-31 | $284.58 Million | -85.90% |
| 2021-12-31 | $2.02 Billion | -22.92% |
| 2020-12-31 | $2.62 Billion | +415.72% |
| 2019-12-31 | $507.72 Million | -8.51% |
| 2018-12-31 | $554.92 Million | -54.98% |
| 2017-12-31 | $1.23 Billion | -9.44% |
| 2016-12-31 | $1.36 Billion | +0.89% |
| 2015-12-31 | $1.35 Billion | +8.70% |
| 2014-12-31 | $1.24 Billion | +10.40% |
| 2013-12-31 | $1.12 Billion | +10.70% |
| 2012-12-31 | $1.02 Billion | +32.07% |
| 2011-12-31 | $768.98 Million | +2.47% |
| 2010-12-31 | $750.45 Million | +10.93% |
| 2009-12-31 | $676.53 Million | +32.71% |
| 2008-12-31 | $509.76 Million | -5.13% |
| 2007-12-31 | $537.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Maiden Holdings Ltd'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 3439.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.50 Million | 3.33% |
| Other Comprehensive Income | $-32.73 Million | -72.43% |
| Other Components | $764.34 Million | 1691.27% |
| Total Equity | $45.19 Million | 100.00% |
Maiden Holdings Ltd Competitors by Market Cap
The table below lists competitors of Maiden Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kartonsan Karton Sanayi ve Ticaret AS
IS:KARTN
|
$32.93 Million |
|
Savezone I C
KO:067830
|
$32.94 Million |
|
REC Silicon ASA
PINK:RNWEF
|
$32.94 Million |
|
Ottawa Savings Bancorp Inc
OTCQX:OTTW
|
$32.94 Million |
|
PDS Biotechnology Corp
NASDAQ:PDSB
|
$32.92 Million |
|
Huang Long Development Co Ltd
TWO:3512
|
$32.92 Million |
|
Wellpool Co Ltd
TWO:8424
|
$32.89 Million |
|
Lu Hai Holding Corp
TW:2115
|
$32.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Maiden Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 249,160,000 to 45,193,000, a change of -203,967,000 (-81.9%).
- Net loss of 200,969,000 reduced equity.
- Share repurchases of 3,735,000 reduced equity.
- Other comprehensive income decreased equity by 1,264,000.
- Other factors increased equity by 2,001,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-200.97 Million | -444.69% |
| Share Repurchases | $3.73 Million | -8.26% |
| Other Comprehensive Income | $-1.26 Million | -2.8% |
| Other Changes | $2.00 Million | +4.43% |
| Total Change | $- | -81.86% |
Book Value vs Market Value Analysis
This analysis compares Maiden Holdings Ltd'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: 2.54x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.11x to 2.54x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $10.59 | $1.15 | x |
| 2008-12-31 | $8.59 | $1.15 | x |
| 2009-12-31 | $9.66 | $1.15 | x |
| 2010-12-31 | $10.51 | $1.15 | x |
| 2011-12-31 | $10.54 | $1.15 | x |
| 2012-12-31 | $13.89 | $1.15 | x |
| 2013-12-31 | $14.71 | $1.15 | x |
| 2014-12-31 | $14.62 | $1.15 | x |
| 2015-12-31 | $15.74 | $1.15 | x |
| 2016-12-31 | $17.29 | $1.15 | x |
| 2017-12-31 | $14.38 | $1.15 | x |
| 2018-12-31 | $6.67 | $1.15 | x |
| 2019-12-31 | $6.11 | $1.15 | x |
| 2020-12-31 | $6.26 | $1.15 | x |
| 2021-12-31 | $4.46 | $1.15 | x |
| 2022-12-31 | $3.27 | $1.15 | x |
| 2023-12-31 | $2.46 | $1.15 | x |
| 2024-12-31 | $0.45 | $1.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Maiden Holdings Ltd 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): -444.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1515.72%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 29.12x
- Recent ROE (-444.69%) is below the historical average (-29.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 4.11% | 17.59% | 0.18x | 1.33x | $-31.65 Million |
| 2008 | 3.69% | 4.01% | 0.22x | 4.18x | $-32.19 Million |
| 2009 | 9.03% | 6.20% | 0.37x | 3.90x | $-6.59 Million |
| 2010 | 9.31% | 5.59% | 0.42x | 3.98x | $-5.15 Million |
| 2011 | 3.71% | 1.73% | 0.50x | 4.29x | $-48.34 Million |
| 2012 | 4.94% | 2.64% | 0.46x | 4.08x | $-51.37 Million |
| 2013 | 9.14% | 4.86% | 0.45x | 4.19x | $-9.65 Million |
| 2014 | 8.17% | 4.25% | 0.46x | 4.16x | $-22.68 Million |
| 2015 | 9.24% | 4.82% | 0.45x | 4.24x | $-10.31 Million |
| 2016 | 3.60% | 2.37% | 0.33x | 4.59x | $-87.10 Million |
| 2017 | -13.79% | -8.00% | 0.32x | 5.39x | $-293.11 Million |
| 2018 | -98.26% | -25.11% | 0.41x | 9.54x | $-600.05 Million |
| 2019 | -25.98% | -22.79% | 0.16x | 7.03x | $-182.67 Million |
| 2020 | 7.91% | 23.78% | 0.06x | 5.59x | $-11.02 Million |
| 2021 | 6.93% | 25.04% | 0.05x | 6.04x | $-11.78 Million |
| 2022 | -21.10% | -90.44% | 0.04x | 6.49x | $-88.50 Million |
| 2023 | -15.48% | -43.22% | 0.06x | 6.10x | $-63.48 Million |
| 2024 | -444.69% | -1515.72% | 0.01x | 29.12x | $-205.49 Million |
Industry Comparison
This section compares Maiden Holdings Ltd's net assets metrics with peer companies in the Insurance - Reinsurance industry.
Industry Context
- Industry: Insurance - Reinsurance
- Average net assets among peers: $2,383,804,889
- Average return on equity (ROE) among peers: 10.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maiden Holdings Ltd (MHLD) | $37.57 Million | 4.11% | 31.86x | $32.93 Million |
| American Overseas Group Ltd (AOREF) | $45.88 Million | 20.49% | 18.04x | $3.88 Million |
| Conduit Holdings Limited (CNDHF) | $867.20 Million | -5.06% | 0.40x | $631.85 Million |
| COFACE SA (COFAF) | $2.05 Billion | 11.71% | 2.85x | $1.65 Billion |
| Everest Group Ltd (EG) | $6.10 Billion | 13.23% | 1.95x | $9.67 Billion |
| Greenlight Capital Re Ltd (GLRE) | $839.16 Million | 10.80% | 1.79x | $435.07 Million |
| GEROVA Financial Group Ltd (GVFG) | $71.50 Million | 0.47% | 0.62x | $5.00 |
| Hamilton Insurance Group, Ltd. (HG) | $2.05 Billion | 12.63% | 2.26x | $1.35 Billion |
| Hannover Rück SE (HVRRF) | $6.53 Billion | 13.71% | 7.26x | $18.13 Billion |
| Hannover Re (HVRRY) | $2.90 Billion | 20.80% | 13.28x | $2.89 Billion |