Brightsphere Investment Group Inc
BrightSphere Investment Group Inc. is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries. The firm… Read more
Brightsphere Investment Group Inc (BSIG) - Net Assets
Latest net assets as of September 2024: $-3.80 Million USD
Based on the latest financial reports, Brightsphere Investment Group Inc (BSIG) has net assets worth $-3.80 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($555.20 Million) and total liabilities ($559.00 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-3.80 Million |
| % of Total Assets | -0.68% |
| Annual Growth Rate | -29.58% |
| 5-Year Change | -56.77% |
| 10-Year Change | -98.02% |
| Growth Volatility | 92.37 |
Brightsphere Investment Group Inc - Net Assets Trend (2012–2023)
This chart illustrates how Brightsphere Investment Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Brightsphere Investment Group Inc (2012–2023)
The table below shows the annual net assets of Brightsphere Investment Group Inc from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $49.50 Million | +329.17% |
| 2022-12-31 | $-21.60 Million | -22.73% |
| 2021-12-31 | $-17.60 Million | -104.58% |
| 2020-12-31 | $384.40 Million | +235.72% |
| 2019-12-31 | $114.50 Million | -34.98% |
| 2018-12-31 | $176.10 Million | +2.80% |
| 2017-12-31 | $171.30 Million | +0.47% |
| 2016-12-31 | $170.50 Million | +2.77% |
| 2015-12-31 | $165.90 Million | -93.35% |
| 2014-12-31 | $2.50 Billion | +17.02% |
| 2013-12-31 | $2.13 Billion | -8.98% |
| 2012-12-31 | $2.34 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brightsphere Investment Group 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 grown by 53070000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $46.90 Million | 116.67% |
| Other Comprehensive Income | $-6.70 Million | -16.67% |
| Total Equity | $40.20 Million | 100.00% |
Brightsphere Investment Group Inc Competitors by Market Cap
The table below lists competitors of Brightsphere Investment Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inv La Constru
SN:ILC
|
$682.87 Million |
|
Northwest Pipe Company
NASDAQ:NWPX
|
$683.03 Million |
|
Skyworth Digital Co Ltd
SHE:000810
|
$683.09 Million |
|
Shanghai Baolong Automotive Corp
SHG:603197
|
$683.40 Million |
|
Oil States International Inc
NYSE:OIS
|
$682.23 Million |
|
TechTarget Inc
F:EFT
|
$682.09 Million |
|
Victrex plc
PINK:VTXPF
|
$682.05 Million |
|
mobilezone ag
SW:MOZN
|
$681.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brightsphere Investment Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -21,600,000 to 40,200,000, a change of 61,800,000.
- Net income of 65,800,000 contributed positively to equity growth.
- Dividend payments of 2,000,000 reduced retained earnings.
- Share repurchases of 3,300,000 reduced equity.
- Other comprehensive income increased equity by 3,900,000.
- Other factors decreased equity by 2,600,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $65.80 Million | +163.68% |
| Dividends Paid | $2.00 Million | -4.98% |
| Share Repurchases | $3.30 Million | -8.21% |
| Other Comprehensive Income | $3.90 Million | +9.7% |
| Other Changes | $-2.60 Million | -6.47% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Brightsphere Investment Group 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: 27.87x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $-4.02 | $26.34 | x |
| 2013-12-31 | $-3.72 | $26.34 | x |
| 2014-12-31 | $0.30 | $26.34 | x |
| 2015-12-31 | $1.38 | $26.34 | x |
| 2016-12-31 | $1.43 | $26.34 | x |
| 2017-12-31 | $0.68 | $26.34 | x |
| 2018-12-31 | $0.96 | $26.34 | x |
| 2019-12-31 | $0.71 | $26.34 | x |
| 2020-12-31 | $3.69 | $26.34 | x |
| 2021-12-31 | $-0.22 | $26.34 | x |
| 2022-12-31 | $-0.50 | $26.34 | x |
| 2023-12-31 | $0.95 | $26.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brightsphere Investment Group 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): 163.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.42%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 15.21x
- Recent ROE (163.68%) is above the historical average (87.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.43% | 0.08x | 0.00x | $51.22 Million |
| 2013 | 0.00% | 2.77% | 0.11x | 0.00x | $70.38 Million |
| 2014 | 141.64% | 4.89% | 0.14x | 212.96x | $48.05 Million |
| 2015 | 93.73% | 22.24% | 0.69x | 6.11x | $138.91 Million |
| 2016 | 74.13% | 19.05% | 0.51x | 7.59x | $109.35 Million |
| 2017 | 5.57% | 0.47% | 0.59x | 19.78x | $-3.34 Million |
| 2018 | 132.04% | 14.70% | 0.60x | 15.04x | $126.07 Million |
| 2019 | 347.67% | 27.32% | 0.58x | 22.05x | $217.46 Million |
| 2020 | 94.81% | 39.90% | 0.52x | 4.56x | $256.46 Million |
| 2021 | 0.00% | 24.46% | 0.73x | 0.00x | $129.86 Million |
| 2022 | 0.00% | 24.11% | 0.80x | 0.00x | $102.76 Million |
| 2023 | 163.68% | 15.42% | 0.70x | 15.21x | $61.78 Million |
Industry Comparison
This section compares Brightsphere Investment Group Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brightsphere Investment Group Inc (BSIG) | $-3.80 Million | 0.00% | N/A | $682.27 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |