Runway Growth Finance Corp (RWAY) - Net Assets
Based on the latest financial reports, Runway Growth Finance Corp (RWAY) has net assets worth $502.58 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.22 Billion) and total liabilities ($719.78 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 Runway Growth Finance Corp strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $502.58 Million |
| % of Total Assets | 41.12% |
| Annual Growth Rate | 73.1% |
| 5-Year Change | -20.0% |
| 10-Year Change | N/A |
| Growth Volatility | 1137.05 |
Runway Growth Finance Corp - Net Assets Trend (2016–2025)
This chart illustrates how Runway Growth Finance Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see RWAY company net worth.
Annual Net Assets for Runway Growth Finance Corp (2016–2025)
The table below shows the annual net assets of Runway Growth Finance Corp from 2016 to 2025. Also explore RWAY net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $484.97 Million | -5.81% |
| 2024-12-31 | $514.87 Million | -5.89% |
| 2023-12-31 | $547.07 Million | -5.03% |
| 2022-12-31 | $576.05 Million | -4.97% |
| 2021-12-31 | $606.20 Million | +30.02% |
| 2020-12-31 | $466.24 Million | +23.90% |
| 2019-12-31 | $376.31 Million | +170.83% |
| 2018-12-31 | $138.95 Million | +6.85% |
| 2017-12-31 | $130.04 Million | +3640.37% |
| 2016-12-31 | $3.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Runway Growth Finance Corp'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 4989993900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $361.00K | 0.07% |
| Other Components | $534.51 Million | 110.21% |
| Total Equity | $484.97 Million | 100.00% |
Runway Growth Finance Corp Competitors by Market Cap
The table below lists competitors of Runway Growth Finance Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
G.M.I Technology Inc
TW:3312
|
$280.49 Million |
|
Empresas Tricot S.A
SN:TRICOT
|
$280.52 Million |
|
Summarecon Agung Tbk
JK:SMRA
|
$280.53 Million |
|
Roman DBDR Acquisition Corp. II Unit
NASDAQ:DRDBU
|
$280.53 Million |
|
Taiga Building Products Ltd.
TO:TBL
|
$280.33 Million |
|
MOLSON COORS CDA EXCH.B
F:65K
|
$280.32 Million |
|
A-LIVING SM.CI.SV. H YC 1
F:1V0
|
$280.27 Million |
|
Race Oncology Ltd
AU:RAC
|
$280.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Runway Growth Finance Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 514,869,000 to 484,969,000, a change of -29,900,000 (-5.8%).
- Net income of 34,049,000 contributed positively to equity growth.
- Dividend payments of 51,449,000 reduced retained earnings.
- Share repurchases of 12,500,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $34.05 Million | +7.02% |
| Dividends Paid | $51.45 Million | -10.61% |
| Share Repurchases | $12.50 Million | -2.58% |
| Total Change | $- | -5.81% |
Book Value vs Market Value Analysis
This analysis compares Runway Growth Finance Corp'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: 0.51x
- 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.
- The price-to-book ratio has increased from 0.02x to 0.51x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $322.69 | $6.69 | x |
| 2017-12-31 | $45.45 | $6.69 | x |
| 2018-12-31 | $7.45 | $6.69 | x |
| 2019-12-31 | $9.09 | $6.69 | x |
| 2020-12-31 | $11.27 | $6.69 | x |
| 2021-12-31 | $15.31 | $6.69 | x |
| 2022-12-31 | $14.06 | $6.69 | x |
| 2023-12-31 | $13.50 | $6.69 | x |
| 2024-12-31 | $13.25 | $6.69 | x |
| 2025-12-31 | $13.22 | $6.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Runway Growth Finance Corp 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): 7.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.29%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.98x
- Recent ROE (7.02%) is above the historical average (3.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -25.97% | 0.00% | 0.00x | 1.02x | $-1.25 Million |
| 2017 | -1.13% | -0.05% | 21.36x | 1.18x | $-14.14 Million |
| 2018 | 3.81% | 83.68% | 0.10x | 0.45x | $-19.08 Million |
| 2019 | 7.35% | 87.24% | 0.06x | 1.37x | $-9.98 Million |
| 2020 | 10.08% | 91.44% | 0.08x | 1.37x | $355.53K |
| 2021 | 7.53% | 88.22% | 0.07x | 1.22x | $-15.00 Million |
| 2022 | 5.60% | 58.49% | 0.05x | 1.98x | $-25.36 Million |
| 2023 | 8.11% | 46.91% | 0.09x | 1.97x | $-10.37 Million |
| 2024 | 14.30% | 59.26% | 0.11x | 2.12x | $22.12 Million |
| 2025 | 7.02% | 24.29% | 0.15x | 1.98x | $-14.45 Million |
Industry Comparison
This section compares Runway Growth Finance Corp's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $841,312,488
- Average return on equity (ROE) among peers: -23.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Runway Growth Finance Corp (RWAY) | $502.58 Million | -25.97% | 1.43x | $280.38 Million |
| Acadian Asset Management Inc (AAMI) | $-21.60 Million | 0.00% | 0.00x | $3.21 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.60 Billion | 17.42% | 0.00x | $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) | $441.58 Million | -2.00% | 0.15x | $265.69 Million |
| AFC Gamma Inc (AFCG) | $201.38 Million | 8.33% | 1.00x | $78.22 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $1.40 Million | -229.54% | 1.40x | $194.14 Million |
| Alpha Compute Corp (ALP) | $-827.00K | 0.00% | 0.00x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $327.89 Million |
| Amber International Holding Limited (AMBR) | $104.00 Million | -10.04% | 1.99x | $92.17 Million |
| Affiliated Managers Group, Inc. (AMG) | $4.38 Billion | 12.90% | 1.02x | $9.30 Billion |
About Runway Growth Finance Corp
Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors. It prefers to investments in companies engaged in electronic… Read more