Mount Logan Capital Inc (MLC) - Net Assets
Based on the latest financial reports, Mount Logan Capital Inc (MLC) has net assets worth CA$45.81 Million CAD (≈ $33.14 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.73 Billion ≈ $1.25 Billion USD) and total liabilities (CA$1.68 Billion ≈ $1.22 Billion USD). 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 Mount Logan Capital Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$45.81 Million |
| % of Total Assets | 2.65% |
| Annual Growth Rate | 23.98% |
| 5-Year Change | 32.53% |
| 10-Year Change | N/A |
| Growth Volatility | 59.8 |
Mount Logan Capital Inc - Net Assets Trend (2017–2024)
This chart illustrates how Mount Logan Capital Inc's net assets have evolved over time, based on quarterly financial data. See Mount Logan Capital Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Mount Logan Capital Inc (2017–2024)
The table below shows the annual net assets of Mount Logan Capital Inc from 2017 to 2024. For live valuation and market cap data, see Mount Logan Capital Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$57.22 Million ≈ $41.39 Million |
+10.15% |
| 2023-12-31 | CA$51.95 Million ≈ $37.58 Million |
-49.14% |
| 2022-12-31 | CA$102.14 Million ≈ $73.89 Million |
+19.74% |
| 2021-12-31 | CA$85.31 Million ≈ $61.71 Million |
+97.57% |
| 2020-12-31 | CA$43.18 Million ≈ $31.23 Million |
+26.22% |
| 2019-12-31 | CA$34.21 Million ≈ $24.75 Million |
+9.12% |
| 2018-12-31 | CA$31.35 Million ≈ $22.68 Million |
+146.69% |
| 2017-12-31 | CA$12.71 Million ≈ $9.19 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mount Logan Capital 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 1863500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$103.31 Million | 180.53% |
| Total Equity | CA$57.22 Million | 100.00% |
Mount Logan Capital Inc Competitors by Market Cap
The table below lists competitors of Mount Logan Capital Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anadolu Isuzu Otomotiv Sanayi ve Ticaret AS
IS:ASUZU
|
$57.01 Million |
|
Gilat Telecom Global Ltd
TA:GLTL
|
$57.02 Million |
|
Petra Diamonds Ltd
LSE:PDL
|
$57.02 Million |
|
Klimasan Klima Sanayi ve Ticaret AS
IS:KLMSN
|
$57.05 Million |
|
Big Sunshine Co Ltd
TW:1475
|
$56.99 Million |
|
I&C Technology Co. Ltd
KQ:052860
|
$56.95 Million |
|
Drb Holding
KO:004840
|
$56.94 Million |
|
Yonyu Plastics Co Ltd
TW:1323
|
$56.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mount Logan Capital Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 51,952,000 to 57,223,000, a change of 5,271,000 (10.1%).
- Net income of 5,589,000 contributed positively to equity growth.
- Dividend payments of 1,506,000 reduced retained earnings.
- Other factors increased equity by 1,188,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$5.59 Million | +9.77% |
| Dividends Paid | CA$1.51 Million | -2.63% |
| Other Changes | CA$1.19 Million | +2.08% |
| Total Change | CA$- | 10.15% |
Book Value vs Market Value Analysis
This analysis compares Mount Logan Capital 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: 1.34x
- 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 3.76x to 1.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$0.72 | CA$2.70 | x |
| 2018-12-31 | CA$3.06 | CA$2.70 | x |
| 2019-12-31 | CA$3.23 | CA$2.70 | x |
| 2020-12-31 | CA$2.55 | CA$2.70 | x |
| 2021-12-31 | CA$3.84 | CA$2.70 | x |
| 2022-12-31 | CA$4.60 | CA$2.70 | x |
| 2023-12-31 | CA$2.02 | CA$2.70 | x |
| 2024-12-31 | CA$2.01 | CA$2.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mount Logan Capital Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.86%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 29.53x
- Recent ROE (9.77%) is above the historical average (6.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -1.01% | -37.94% | 0.03x | 1.02x | CA$-1.40 Million |
| 2018 | -0.48% | -26.36% | 0.02x | 1.20x | CA$-3.28 Million |
| 2019 | 0.67% | 6.52% | 0.05x | 2.20x | CA$-3.19 Million |
| 2020 | -6.50% | -71.46% | 0.04x | 2.11x | CA$-7.12 Million |
| 2021 | 33.68% | 131.31% | 0.02x | 16.33x | CA$20.20 Million |
| 2022 | 47.31% | 95.85% | 0.04x | 13.21x | CA$38.11 Million |
| 2023 | -31.68% | -7.66% | 0.13x | 32.50x | CA$-21.65 Million |
| 2024 | 9.77% | 2.86% | 0.12x | 29.53x | CA$-133.30K |
Industry Comparison
This section compares Mount Logan Capital Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $869,663,042
- Average return on equity (ROE) among peers: 9.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mount Logan Capital Inc (MLC) | CA$45.81 Million | -1.01% | 36.74x | $57.00 Million |
| Aberdeen International Inc. (AAB) | $52.57 Million | 31.52% | 0.07x | $3.49 Million |
| Base Carbon Inc. (BCBN) | $103.01 Million | -28.06% | 0.09x | $52.58 Million |
| Canadian Banc Corp (BK) | $184.35 Million | 1.73% | 0.92x | $562.96 Million |
| Brookfield Corporation (BN) | $4.18 Billion | 6.97% | 0.79x | $102.06 Billion |
| Sprott Physical Gold and Silver Trust (CEF) | $1.24 Billion | 17.63% | 0.00x | $8.19 Billion |
| Canadian General Investments Ltd (CGI) | $533.40 Million | 17.99% | 0.28x | $795.13 Million |
| CI Financial Corp (CIX) | $1.61 Billion | 15.20% | 0.87x | $3.32 Billion |
| Clairvest Group Inc. (CVG) | $447.69 Million | 11.62% | 0.19x | $752.17 Million |
| Cymbria Corporation (CYB) | $317.74 Million | 0.50% | 0.02x | $1.01 Billion |
| Dividend 15 Split Corp II (DF) | $26.96 Million | 20.05% | 1.90x | $163.92 Million |
About Mount Logan Capital Inc
Mount Logan Capital Inc.is an investment firm primarily focused on investing in public and private debt securities. The Company holds and actively manages and monitors a seed portfolio of loans and other investments with credit-oriented characteristics. The company was formerly known as Marret Resource Corp. and changed its name to Mount Logan Capital Inc. in October 2018. Mount Logan Capital Inc… Read more