Greystone Housing Impact Investors LP (GHI) - Net Assets
Based on the latest financial reports, Greystone Housing Impact Investors LP (GHI) has net assets worth $379.63 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.50 Billion) and total liabilities ($1.12 Billion). 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 GHI goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $379.63 Million |
| % of Total Assets | 25.26% |
| Annual Growth Rate | 3.02% |
| 5-Year Change | -18.69% |
| 10-Year Change | 18.29% |
| Growth Volatility | 14827.41 |
Greystone Housing Impact Investors LP - Net Assets Trend (1990–2025)
This chart illustrates how Greystone Housing Impact Investors LP's net assets have evolved over time, based on quarterly financial data. See GHI defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Greystone Housing Impact Investors LP (1990–2025)
The table below shows the annual net assets of Greystone Housing Impact Investors LP from 1990 to 2025. For live valuation and market cap data, see Greystone Housing Impact Investors LP (GHI) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $379.63 Million | -0.99% |
| 2024-12-31 | $383.43 Million | -11.19% |
| 2023-12-31 | $431.74 Million | +3.19% |
| 2022-12-31 | $418.40 Million | -10.38% |
| 2021-12-31 | $466.87 Million | +2.79% |
| 2020-12-31 | $454.19 Million | +4.10% |
| 2019-12-31 | $436.32 Million | +43.31% |
| 2018-12-31 | $304.47 Million | -2.99% |
| 2017-12-31 | $313.84 Million | -2.21% |
| 2016-12-31 | $320.92 Million | +2.49% |
| 2015-12-31 | $313.12 Million | +1.03% |
| 2014-12-31 | $309.93 Million | +52.58% |
| 2013-12-31 | $203.12 Million | +10.41% |
| 2012-12-31 | $183.97 Million | +39.81% |
| 2011-12-31 | $131.59 Million | +2.79% |
| 2010-12-31 | $128.02 Million | +29.84% |
| 2009-12-31 | $98.60 Million | +140.71% |
| 2008-12-31 | $40.96 Million | +83916.41% |
| 2007-12-31 | $48.76K | -- |
| 2006-12-31 | $0.00 | -- |
| 2005-12-31 | $0.00 | -- |
| 2004-12-31 | $27.93 Million | -63.89% |
| 2003-12-31 | $77.33 Million | +0.06% |
| 2002-12-31 | $77.28 Million | -- |
| 2001-12-31 | $0.00 | -- |
| 2000-12-31 | $73.26 Million | -- |
| 1999-12-31 | $0.00 | -- |
| 1998-12-31 | $72.70 Million | +0.14% |
| 1997-12-31 | $72.60 Million | +7.88% |
| 1996-12-31 | $67.30 Million | +0.30% |
| 1995-12-31 | $67.10 Million | +0.45% |
| 1994-12-31 | $66.80 Million | +0.30% |
| 1993-12-31 | $66.60 Million | -48.57% |
| 1992-12-31 | $129.50 Million | -2.48% |
| 1991-12-31 | $132.80 Million | -0.97% |
| 1990-12-31 | $134.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Greystone Housing Impact Investors LP'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $277.22 Million | 73.02% |
| Other Components | $102.41 Million | 26.98% |
| Total Equity | $379.63 Million | 100.00% |
Greystone Housing Impact Investors LP Competitors by Market Cap
The table below lists competitors of Greystone Housing Impact Investors LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UVAT Technology Co Ltd
TWO:3580
|
$122.53 Million |
|
Rajthanee Hospital Public Company Limited
BK:RJH
|
$122.58 Million |
|
Tainergy Tech Co Ltd
TW:4934
|
$122.64 Million |
|
Raj Rayon Industries Limited
NSE:RAJRILTD
|
$122.74 Million |
|
Onano Industrial Corp
TW:6405
|
$122.52 Million |
|
Scottie Resources Corp
V:SCOT
|
$122.51 Million |
|
Cornish Metals Inc.
V:CUSN
|
$122.51 Million |
|
San Lien Technology
TWO:5493
|
$122.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greystone Housing Impact Investors LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 383,432,910 to 379,629,474, a change of -3,803,436 (-1.0%).
- Net loss of 7,613,745 reduced equity.
- Dividend payments of 35,661,450 reduced retained earnings.
- Share repurchases of 25,000,000 reduced equity.
- New share issuances of 25,000,000 increased equity.
- Other factors increased equity by 39,471,759.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.61 Million | -2.01% |
| Dividends Paid | $35.66 Million | -9.39% |
| Share Repurchases | $25.00 Million | -6.59% |
| Share Issuances | $25.00 Million | +6.59% |
| Other Changes | $39.47 Million | +10.4% |
| Total Change | $- | -0.99% |
Book Value vs Market Value Analysis
This analysis compares Greystone Housing Impact Investors LP'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: 0.32x
- 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 0.13x to 0.32x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | $38.72 | $5.20 | x |
| 1991-12-31 | $38.58 | $5.20 | x |
| 1992-12-31 | $37.50 | $5.20 | x |
| 1993-12-31 | $19.22 | $5.20 | x |
| 1994-12-31 | $19.28 | $5.20 | x |
| 1995-12-31 | $19.38 | $5.20 | x |
| 1996-12-31 | $19.43 | $5.20 | x |
| 1997-12-31 | $20.96 | $5.20 | x |
| 1998-12-31 | $21.36 | $5.20 | x |
| 1999-12-31 | $0.00 | $5.20 | x |
| 2000-12-31 | $21.85 | $5.20 | x |
| 2001-12-31 | $0.00 | $5.20 | x |
| 2002-12-31 | $23.08 | $5.20 | x |
| 2003-12-31 | $23.10 | $5.20 | x |
| 2004-12-31 | $8.34 | $5.20 | x |
| 2005-12-31 | $-10.12 | $5.20 | x |
| 2006-12-31 | $-8.48 | $5.20 | x |
| 2007-12-31 | $-7.42 | $5.20 | x |
| 2008-12-31 | $-3.81 | $5.20 | x |
| 2009-12-31 | $-3.86 | $5.20 | x |
| 2010-12-31 | $13.70 | $5.20 | x |
| 2011-12-31 | $12.78 | $5.20 | x |
| 2012-12-31 | $14.30 | $5.20 | x |
| 2013-12-31 | $13.74 | $5.20 | x |
| 2014-12-31 | $15.32 | $5.20 | x |
| 2015-12-31 | $15.27 | $5.20 | x |
| 2016-12-31 | $15.67 | $5.20 | x |
| 2017-12-31 | $15.40 | $5.20 | x |
| 2018-12-31 | $14.90 | $5.20 | x |
| 2019-12-31 | $20.82 | $5.20 | x |
| 2020-12-31 | $21.65 | $5.20 | x |
| 2021-12-31 | $21.76 | $5.20 | x |
| 2022-12-31 | $18.29 | $5.20 | x |
| 2023-12-31 | $18.91 | $5.20 | x |
| 2024-12-31 | $16.62 | $5.20 | x |
| 2025-12-31 | $16.38 | $5.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greystone Housing Impact Investors LP 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): -2.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.92%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 3.96x
- Recent ROE (-2.01%) is below the historical average (1.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 4.33% | 37.66% | 0.10x | 1.10x | $-7.61 Million |
| 1991 | 6.70% | 46.11% | 0.13x | 1.10x | $-4.38 Million |
| 1992 | 5.33% | 38.76% | 0.12x | 1.10x | $-6.05 Million |
| 1993 | 8.56% | 52.78% | 0.16x | 1.01x | $-960.00K |
| 1994 | 8.53% | 91.94% | 0.09x | 1.01x | $-980.00K |
| 1995 | 8.64% | 90.63% | 0.09x | 1.01x | $-910.00K |
| 1996 | 8.47% | 90.48% | 0.09x | 1.01x | $-1.03 Million |
| 1997 | 7.85% | 89.06% | 0.09x | 1.01x | $-1.56 Million |
| 1998 | 1.33% | 16.13% | 0.08x | 1.01x | $-6.30 Million |
| 1999 | 0.00% | 84.07% | 1.15x | 0.00x | $5.07 Million |
| 2000 | 5.47% | 53.33% | 0.06x | 1.70x | $-3.32 Million |
| 2001 | 0.00% | 68.66% | 0.15x | 0.00x | $6.35 Million |
| 2002 | 8.12% | 67.22% | 0.07x | 1.80x | $-1.45 Million |
| 2003 | 5.94% | 49.90% | 0.06x | 2.01x | $-3.14 Million |
| 2004 | -135.03% | -185.47% | 0.17x | 4.23x | $-40.50 Million |
| 2005 | 0.00% | 105.26% | 0.26x | 0.00x | $22.95 Million |
| 2006 | 0.00% | 80.12% | 0.30x | 0.00x | $15.61 Million |
| 2007 | 0.00% | 6.20% | 0.15x | 0.00x | $4.10 Million |
| 2008 | 0.00% | -5.70% | 0.11x | 0.00x | $718.73K |
| 2009 | 0.00% | 114.12% | 0.11x | 0.00x | $26.03 Million |
| 2010 | -0.31% | -1.78% | 0.09x | 1.89x | $-13.22 Million |
| 2011 | -1.71% | -8.13% | 0.09x | 2.27x | $-15.35 Million |
| 2012 | 2.44% | 22.70% | 0.05x | 2.27x | $-13.74 Million |
| 2013 | 8.72% | 44.24% | 0.07x | 2.63x | $-2.60 Million |
| 2014 | 4.85% | 40.17% | 0.05x | 2.40x | $-15.96 Million |
| 2015 | 8.50% | 53.51% | 0.06x | 2.77x | $-4.70 Million |
| 2016 | 7.41% | 42.73% | 0.06x | 2.94x | $-8.31 Million |
| 2017 | 9.75% | 48.64% | 0.06x | 3.41x | $-792.83K |
| 2018 | 13.51% | 66.03% | 0.06x | 3.23x | $10.69 Million |
| 2019 | 6.99% | 38.86% | 0.08x | 2.36x | $-13.14 Million |
| 2020 | 1.59% | 12.66% | 0.05x | 2.59x | $-38.21 Million |
| 2021 | 8.16% | 45.38% | 0.06x | 2.97x | $-8.59 Million |
| 2022 | 15.67% | 48.94% | 0.09x | 3.75x | $23.72 Million |
| 2023 | 12.51% | 37.16% | 0.10x | 3.51x | $10.84 Million |
| 2024 | 5.56% | 21.32% | 0.06x | 4.12x | $-17.02 Million |
| 2025 | -2.01% | -8.92% | 0.06x | 3.96x | $-45.58 Million |
Industry Comparison
This section compares Greystone Housing Impact Investors LP's net assets metrics with peer companies in the Mortgage Finance industry.
Industry Context
- Industry: Mortgage Finance
- Average net assets among peers: $852,015,116
- Average return on equity (ROE) among peers: -53.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greystone Housing Impact Investors LP (GHI) | $379.63 Million | 4.33% | 2.96x | $122.53 Million |
| Better Home & Finance Holding Company (BETR) | $122.60 Million | -437.54% | 6.39x | $382.77 Million |
| Better Home & Finance Holding Company (BETR) | $51.73 Million | 52.76% | 15.20x | $430.66 Million |
| Beeline Holdings, Inc. (BLNE) | $18.75 Million | -48.25% | 0.41x | $35.54 Million |
| CNFinance Holdings Ltd (CNF) | $6.11 Billion | 1.07% | 1.36x | $21.19 Million |
| Mr. Cooper Group Inc (COOP) | $64.39 Million | -24.52% | 4.28x | $13.49 Billion |
| Guild Holdings Co (GHLD) | $440.94 Million | 16.63% | 3.62x | $1.25 Billion |
| Income Opportunity Realty Investors (IOR) | $108.05 Million | 3.33% | 0.00x | $72.78 Million |
| Loandepot Inc (LDI) | $348.89 Million | -29.48% | 8.85x | $155.46 Million |
| Onity Group Inc. (ONIT) | $401.80 Million | -15.85% | 30.14x | $309.71 Million |
About Greystone Housing Impact Investors LP
Greystone Housing Impact Investors LP acquires, holds, sells, and deals mortgage revenue bonds that are issued to provide construction and permanent financing for multifamily, student housing, residential properties, and commercial properties in the United States. It operates through four segments: Affordable Multifamily Investments; Seniors and Skilled Nursing Investments; Market-Rate Joint Vent… Read more