Blackrock Innovation & Growth Trust (BIGZ) - Net Assets
Based on the latest financial reports, Blackrock Innovation & Growth Trust (BIGZ) has net assets worth $1.61 Billion USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.64 Billion) and total liabilities ($28.59 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 BIGZ tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.61 Billion |
| % of Total Assets | 98.26% |
| Annual Growth Rate | -23.46% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 20.57 |
Blackrock Innovation & Growth Trust - Net Assets Trend (2021–2024)
This chart illustrates how Blackrock Innovation & Growth Trust's net assets have evolved over time, based on quarterly financial data. See Blackrock Innovation & Growth Trust (BIGZ) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Blackrock Innovation & Growth Trust (2021–2024)
The table below shows the annual net assets of Blackrock Innovation & Growth Trust from 2021 to 2024. For live valuation and market cap data, see Blackrock Innovation & Growth Trust market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.78 Billion | -11.92% |
| 2023-12-31 | $2.03 Billion | -0.61% |
| 2022-12-31 | $2.04 Billion | -48.79% |
| 2021-12-31 | $3.98 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blackrock Innovation & Growth Trust'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 133321447800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.72 Billion | 208.61% |
| Total Equity | $1.78 Billion | 100.00% |
Blackrock Innovation & Growth Trust Competitors by Market Cap
The table below lists competitors of Blackrock Innovation & Growth Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cpi Fim SA
WAR:OPG
|
$1.43 Billion |
|
VIA Technologies Inc
TW:2388
|
$1.43 Billion |
|
Chengdu Galaxy Magnets
SHE:300127
|
$1.43 Billion |
|
Changsha DIALINE New Material Sci & Tech Co Ltd
SHE:300700
|
$1.43 Billion |
|
Fufeng Group Limited
F:FFO1
|
$1.42 Billion |
|
Mayinglong Pharmaceutical Group Co Ltd
SHG:600993
|
$1.42 Billion |
|
Zhuhai Enpower Electric Co Ltd
SHE:300681
|
$1.42 Billion |
|
Zhejiang Zuch Technology Co. Ltd. A
SHE:301280
|
$1.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blackrock Innovation & Growth Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,026,469,838 to 1,784,961,415, a change of -241,508,423 (-11.9%).
- Net income of 35,705,223 contributed positively to equity growth.
- Dividend payments of 184,726,032 reduced retained earnings.
- Share repurchases of 92,487,614 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $35.71 Million | +2.0% |
| Dividends Paid | $184.73 Million | -10.35% |
| Share Repurchases | $92.49 Million | -5.18% |
| Total Change | $- | -11.92% |
Book Value vs Market Value Analysis
This analysis compares Blackrock Innovation & Growth Trust'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: 0.90x
- 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 0.42x to 0.90x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $16.03 | $6.68 | x |
| 2022-12-31 | $8.45 | $6.68 | x |
| 2023-12-31 | $8.45 | $6.68 | x |
| 2024-12-31 | $7.45 | $6.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blackrock Innovation & Growth Trust 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): 2.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 87.75%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.01x
- Recent ROE (2.00%) is above the historical average (-21.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -16.09% | 0.00% | -0.16x | 1.01x | $-1.04 Billion |
| 2022 | -81.73% | 0.00% | -0.80x | 1.01x | $-1.86 Billion |
| 2023 | 10.44% | 98.14% | 0.10x | 1.02x | $8.92 Million |
| 2024 | 2.00% | 87.75% | 0.02x | 1.01x | $-142.79 Million |
Industry Comparison
This section compares Blackrock Innovation & Growth Trust's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,830,051,427
- Average return on equity (ROE) among peers: -2.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blackrock Innovation & Growth Trust (BIGZ) | $1.61 Billion | -16.09% | 0.02x | $1.43 Billion |
| Acadian Asset Management Inc (AAMI) | $2.43 Billion | 0.12% | 2.51x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $381.33 Million | 35.01% | 0.36x | $3.27 Billion |
| Associated Capital Group Inc (AC) | $878.25 Million | 1.16% | 0.08x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $97.63 Million | -30.60% | 0.04x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.00 Million | -83.04% | 0.47x | $194.14 Million |
| Alpha Compute Corp (ALP) | $-214.26K | 0.00% | 0.00x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $970.20 Million | -10.62% | 0.29x | $296.12 Million |
| Affiliated Managers Group Inc (AMG) | $4.30 Billion | 10.10% | 0.79x | $9.37 Billion |
| Ameriprise Financial Inc (AMP) | $9.23 Billion | 14.45% | 14.66x | $40.38 Billion |
| AMTD IDEA Group (AMTD) | $3.92 Million | 36.60% | 15.42x | $40.58 Million |
About Blackrock Innovation & Growth Trust
BlackRock Innovation and Growth Term Trust is a mutual fund launched by BlackRock, Inc. and managed by BlackRock Advisors, LLC. BlackRock Innovation and Growth Term Trust is based in United States.