Angel Oak Financial Strategies Income Term Trust
Angel Oak Financial Strategies Income Term Trust operates in various business sectors.
Angel Oak Financial Strategies Income Term Trust (FINS) - Net Assets
Latest net assets as of January 2025: $353.59 Million USD
Based on the latest financial reports, Angel Oak Financial Strategies Income Term Trust (FINS) has net assets worth $353.59 Million USD as of January 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($486.05 Million) and total liabilities ($132.47 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 | $353.59 Million |
| % of Total Assets | 72.75% |
| Annual Growth Rate | 8.38% |
| 5-Year Change | 24.25% |
| 10-Year Change | N/A |
| Growth Volatility | 12.01 |
Angel Oak Financial Strategies Income Term Trust - Net Assets Trend (2020–2025)
This chart illustrates how Angel Oak Financial Strategies Income Term Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Angel Oak Financial Strategies Income Term Trust (2020–2025)
The table below shows the annual net assets of Angel Oak Financial Strategies Income Term Trust from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | $353.59 Million | +1.90% |
| 2024-01-31 | $346.98 Million | -6.15% |
| 2023-01-31 | $369.73 Million | +3.32% |
| 2022-01-31 | $357.86 Million | +25.75% |
| 2021-01-31 | $284.58 Million | +20.35% |
| 2020-01-31 | $236.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Angel Oak Financial Strategies Income Term 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 700.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $399.90 Million | 113.10% |
| Total Equity | $353.59 Million | 100.00% |
Angel Oak Financial Strategies Income Term Trust Competitors by Market Cap
The table below lists competitors of Angel Oak Financial Strategies Income Term Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Teems Inc.
KQ:134790
|
$123.21K |
|
TME PHARM.CONF.IPO EO 1-
F:0N6A
|
$123.22K |
|
SIG Group AG
STU:1YQA
|
$123.28K |
|
Gudme Raaschou Europæiske Ejendomsaktier
CO:GRIEJD
|
$123.29K |
|
Western Asset Diversified Income Fund
NYSE:WDI
|
$123.17K |
|
ORIOR N (9OI.SG)
STU:9OI
|
$123.10K |
|
OSG
BE:OSG
|
$123.09K |
|
SAGE GRP
BE:SGK1
|
$123.06K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Angel Oak Financial Strategies Income Term Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 346,981,728 to 353,586,878, a change of 6,605,150 (1.9%).
- Net income of 39,387,081 contributed positively to equity growth.
- Dividend payments of 32,786,673 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $39.39 Million | +11.14% |
| Dividends Paid | $32.79 Million | -9.27% |
| Other Changes | $4.74K | +0.0% |
| Total Change | $- | 1.90% |
Book Value vs Market Value Analysis
This analysis compares Angel Oak Financial Strategies Income Term 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: 0.91x
- 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 0.61x to 0.91x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-01-31 | $20.66 | $12.68 | x |
| 2021-01-31 | $18.69 | $12.68 | x |
| 2022-01-31 | $23.56 | $12.68 | x |
| 2023-01-31 | $15.96 | $12.68 | x |
| 2024-01-31 | $13.73 | $12.68 | x |
| 2025-01-31 | $13.99 | $12.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Angel Oak Financial Strategies Income Term 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): 11.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 97.51%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.37x
- Recent ROE (11.14%) is above the historical average (2.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 6.54% | 101.16% | 0.05x | 1.35x | $-8.19 Million |
| 2021 | -0.90% | 0.00% | -0.01x | 1.41x | $-31.02 Million |
| 2022 | 4.67% | 74.89% | 0.04x | 1.39x | $-19.08 Million |
| 2023 | -10.27% | -129.10% | 0.06x | 1.42x | $-74.96 Million |
| 2024 | 2.18% | 88.82% | 0.02x | 1.40x | $-27.12 Million |
| 2025 | 11.14% | 97.51% | 0.08x | 1.37x | $4.03 Million |
Industry Comparison
This section compares Angel Oak Financial Strategies Income Term Trust'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 |
|---|---|---|---|---|
| Angel Oak Financial Strategies Income Term Trust (FINS) | $353.59 Million | 6.54% | 0.37x | $123.20K |
| 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 |