B. Riley Financial, Inc. 6.375% Senior Notes due 2025
B. Riley Financial, Inc. 6.375% Senior Notes due 2025 operates in Oil & Gas Exploration & Production.
B. Riley Financial, Inc. 6.375% Senior Notes due 2025 (RILYM) - Net Assets
Latest net assets as of March 2024: $299.66 Million USD
Based on the latest financial reports, B. Riley Financial, Inc. 6.375% Senior Notes due 2025 (RILYM) has net assets worth $299.66 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.00 Billion) and total liabilities ($4.70 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 | $299.66 Million |
| % of Total Assets | 6.0% |
| Annual Growth Rate | 1.46% |
| 5-Year Change | -7.86% |
| 10-Year Change | 270.38% |
| Growth Volatility | 54.44 |
B. Riley Financial, Inc. 6.375% Senior Notes due 2025 - Net Assets Trend (2007–2023)
This chart illustrates how B. Riley Financial, Inc. 6.375% Senior Notes due 2025's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for B. Riley Financial, Inc. 6.375% Senior Notes due 2025 (2007–2023)
The table below shows the annual net assets of B. Riley Financial, Inc. 6.375% Senior Notes due 2025 from 2007 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $359.57 Million | -47.47% |
| 2022-12-31 | $684.51 Million | -34.82% |
| 2021-12-31 | $1.05 Billion | +94.86% |
| 2020-12-31 | $538.96 Million | +38.11% |
| 2019-12-31 | $390.25 Million | +50.87% |
| 2018-12-31 | $258.66 Million | -2.70% |
| 2017-12-31 | $265.85 Million | +76.77% |
| 2016-12-31 | $150.39 Million | +37.57% |
| 2015-12-31 | $109.32 Million | +12.61% |
| 2014-12-31 | $97.08 Million | +2438.69% |
| 2013-12-31 | $-4.15 Million | +0.57% |
| 2012-12-31 | $-4.17 Million | +49.43% |
| 2011-12-31 | $-8.26 Million | +7.27% |
| 2010-12-31 | $-8.90 Million | -790.30% |
| 2009-12-31 | $-1.00 Million | -100.35% |
| 2008-12-31 | $286.21 Million | +0.41% |
| 2007-12-31 | $285.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to B. Riley Financial, Inc. 6.375% Senior Notes due 2025'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 7677.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.00K | 0.00% |
| Other Comprehensive Income | $229.00K | 0.08% |
| Other Components | $572.17 Million | 196.54% |
| Total Equity | $291.12 Million | 100.00% |
B. Riley Financial, Inc. 6.375% Senior Notes due 2025 Competitors by Market Cap
The table below lists competitors of B. Riley Financial, Inc. 6.375% Senior Notes due 2025 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Life Insurance Company Of Alabama
PINK:LINS
|
$236.80K |
|
HRES11
SA:HRES11
|
$236.83K |
|
OXFORD INSTRUMENTS
BE:OX3
|
$236.87K |
|
Synchronoss Technologies Inc. 8.375% Senior Notes due 2026
NASDAQ:SNCRL
|
$236.92K |
|
ANGLO AMERICAN (NGLB.SG)
STU:NGLB
|
$236.66K |
|
YELP-A
BE:Y9L
|
$236.55K |
|
Small Cap Premium & Dividend Income Fund Inc
NYSE:RCC
|
$236.45K |
|
AT&T Inc ELKS
NYSE:TBC
|
$236.34K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in B. Riley Financial, Inc. 6.375% Senior Notes due 2025's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 446,514,000 to 291,116,999, a change of -155,397,001 (-34.8%).
- Net loss of 99,910,000 reduced equity.
- Dividend payments of 149,156,000 reduced retained earnings.
- Share repurchases of 77,070,000 reduced equity.
- Other comprehensive income increased equity by 2,699,000.
- Other factors increased equity by 168,039,999.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-99.91 Million | -34.32% |
| Dividends Paid | $149.16 Million | -51.24% |
| Share Repurchases | $77.07 Million | -26.47% |
| Other Comprehensive Income | $2.70 Million | +0.93% |
| Other Changes | $168.04 Million | +57.72% |
| Total Change | $- | -34.80% |
Book Value vs Market Value Analysis
This analysis compares B. Riley Financial, Inc. 6.375% Senior Notes due 2025'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: 2.52x
- 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 0.10x to 2.52x 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 | $244.21 | $25.11 | x |
| 2008-12-31 | $542.06 | $25.11 | x |
| 2009-12-31 | $-1.07 | $25.11 | x |
| 2010-12-31 | $-6.34 | $25.11 | x |
| 2011-12-31 | $-5.61 | $25.11 | x |
| 2012-12-31 | $-3.45 | $25.11 | x |
| 2013-12-31 | $-2.78 | $25.11 | x |
| 2014-12-31 | $10.10 | $25.11 | x |
| 2015-12-31 | $6.73 | $25.11 | x |
| 2016-12-31 | $8.12 | $25.11 | x |
| 2017-12-31 | $10.95 | $25.11 | x |
| 2018-12-31 | $9.64 | $25.11 | x |
| 2019-12-31 | $13.10 | $25.11 | x |
| 2020-12-31 | $19.34 | $25.11 | x |
| 2021-12-31 | $22.80 | $25.11 | x |
| 2022-12-31 | $15.84 | $25.11 | x |
| 2023-12-31 | $9.95 | $25.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently B. Riley Financial, Inc. 6.375% Senior Notes due 2025 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): -34.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.08%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 20.87x
- Recent ROE (-34.32%) is below the historical average (5.39%), 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 | 1.30% | 0.00% | 0.00x | 1.43x | $-24.79 Million |
| 2008 | 0.91% | 0.00% | 0.00x | 1.43x | $-26.00 Million |
| 2009 | 0.00% | 20.33% | 1.06x | 0.00x | $17.06 Million |
| 2010 | 0.00% | -26.19% | 0.58x | 0.00x | $-10.15 Million |
| 2011 | 0.00% | 0.95% | 0.83x | 0.00x | $1.43 Million |
| 2012 | 0.00% | 4.19% | 1.04x | 0.00x | $4.03 Million |
| 2013 | 0.00% | 1.39% | 1.03x | 0.00x | $1.47 Million |
| 2014 | -5.98% | -7.52% | 0.55x | 1.43x | $-15.51 Million |
| 2015 | 10.79% | 10.49% | 0.85x | 1.21x | $861.20K |
| 2016 | 14.41% | 11.31% | 0.72x | 1.77x | $6.59 Million |
| 2017 | 4.34% | 3.59% | 0.23x | 5.21x | $-15.05 Million |
| 2018 | 6.01% | 3.67% | 0.22x | 7.59x | $-10.30 Million |
| 2019 | 22.63% | 12.51% | 0.28x | 6.43x | $45.55 Million |
| 2020 | 40.02% | 22.18% | 0.35x | 5.19x | $153.89 Million |
| 2021 | 67.30% | 26.01% | 0.29x | 8.85x | $378.93 Million |
| 2022 | -35.79% | -17.11% | 0.15x | 13.69x | $-204.48 Million |
| 2023 | -34.32% | -6.08% | 0.27x | 20.87x | $-129.02 Million |
Industry Comparison
This section compares B. Riley Financial, Inc. 6.375% Senior Notes due 2025's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $21,537,541,042
- Average return on equity (ROE) among peers: 11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| B. Riley Financial, Inc. 6.375% Senior Notes due 2025 (RILYM) | $299.66 Million | 1.30% | 15.68x | $236.69K |
| Arçelik Anonim Sirketi (ACKAF) | $6.92 Billion | 12.19% | 1.96x | $21.37K |
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $1.78 Billion | -0.47% | 4.90x | $237.80K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $350.39 Million | 158.73% | 1.79x | $54.40 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $138.55 Billion | 3.33% | 0.35x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $45.44 Billion | 2.81% | 1.39x | $78.15K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $14.42 Billion | 11.26% | 1.20x | $9.29 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.94 Million | 0.62% | 6.68x | $0.94 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.35 Billion | 13.98% | 0.95x | $246.38K |
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $4.37 Billion | 11.86% | 2.07x | $137.52K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $181.00 Million | -95.58% | 5.28x | $220.55K |