Angel Oak Financial Strategies Income Term Trust (FINS) - Net Assets
Based on the latest financial reports, Angel Oak Financial Strategies Income Term Trust (FINS) has net assets worth $465.19 Million USD as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($592.58 Million) and total liabilities ($127.39 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. Also explore total assets of Angel Oak Financial Strategies Income Te for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $465.19 Million |
| % of Total Assets | 78.5% |
| Annual Growth Rate | 11.94% |
| 5-Year Change | 29.99% |
| 10-Year Change | N/A |
| Growth Volatility | 13.81 |
Angel Oak Financial Strategies Income Term Trust - Net Assets Trend (2020–2026)
This chart illustrates how Angel Oak Financial Strategies Income Term Trust's net assets have evolved over time, based on quarterly financial data. Check FINS tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Angel Oak Financial Strategies Income Term Trust (2020–2026)
The table below shows the annual net assets of Angel Oak Financial Strategies Income Term Trust from 2020 to 2026. For live valuation and market cap data, see FINS stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-01-31 | $465.19 Million | +31.56% |
| 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 397.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $488.12 Million | 104.93% |
| Total Equity | $465.19 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 |
|---|---|
|
Puradelta Lestari PT
JK:DMAS
|
$417.98 Million |
|
Beijing Zhongkehaixun Digital S T
SHE:300810
|
$418.04 Million |
|
Orion Group Holdings Inc
NYSE:ORN
|
$418.15 Million |
|
Zhejiang Natural Outdoor Goods Inc.
SHG:605080
|
$418.17 Million |
|
SFA Engineering Corporation
KQ:056190
|
$417.63 Million |
|
BRBI BR Partners S.A. ADSs
NASDAQ:BRBI
|
$417.62 Million |
|
Muthoot Microfin Limited
NSE:MUTHOOTMF
|
$417.59 Million |
|
Burstone Group Limited
JSE:BTN
|
$417.45 Million |
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 2025 to 2026, total equity changed from 353,586,878 to 465,192,557, a change of 111,605,679 (31.6%).
- Net income of 46,912,020 contributed positively to equity growth.
- Dividend payments of 41,269,058 reduced retained earnings.
- Other factors increased equity by 105,962,717.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $46.91 Million | +10.08% |
| Dividends Paid | $41.27 Million | -8.87% |
| Other Changes | $105.96 Million | +22.78% |
| Total Change | $- | 31.56% |
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: 0.90x
- 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 0.61x 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 |
|---|---|---|---|
| 2020-01-31 | $20.66 | $12.50 | x |
| 2021-01-31 | $18.69 | $12.50 | x |
| 2022-01-31 | $23.56 | $12.50 | x |
| 2023-01-31 | $15.96 | $12.50 | x |
| 2024-01-31 | $13.73 | $12.50 | x |
| 2025-01-31 | $13.99 | $12.50 | x |
| 2026-01-31 | $13.92 | $12.50 | 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): 10.08%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 99.52%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.27x
- Recent ROE (10.08%) is above the historical average (3.35%), 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 |
| 2026 | 10.08% | 99.52% | 0.08x | 1.27x | $392.76K |
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: $1,278,795,997
- Average return on equity (ROE) among peers: -20.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Angel Oak Financial Strategies Income Term Trust (FINS) | $465.19 Million | 6.54% | 0.27x | $417.71 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.22 Billion | 13.03% | 0.01x | $3.38 Billion |
| Associated Capital Group Inc (AC) | $878.25 Million | 1.16% | 0.08x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $180.40 Million | -157.12% | 0.07x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.00 Million | -83.04% | 0.47x | $194.14 Million |
| Alpha Compute Corp (ALP) | $5.03 Million | -11.04% | 0.01x | $4.31 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $970.20 Million | -10.62% | 0.29x | $473.39 Million |
| Affiliated Managers Group Inc (AMG) | $1.85 Billion | 3.21% | 0.83x | $9.37 Billion |
| Ameriprise Financial Inc (AMP) | $7.69 Billion | 7.47% | 11.11x | $40.38 Billion |
| AMTD IDEA Group (AMTD) | $3.92 Million | 36.60% | 15.42x | $32.21 Million |
About Angel Oak Financial Strategies Income Term Trust
Angel Oak Financial Strategies Income Term Trust operates in various business sectors.