GAMCO Natural Resources Gold and Income Closed Fund (GNT) - Net Assets
Based on the latest financial reports, GAMCO Natural Resources Gold and Income Closed Fund (GNT) has net assets worth $114.07 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($150.39 Million) and total liabilities ($36.31 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 GNT asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $114.07 Million |
| % of Total Assets | 75.85% |
| Annual Growth Rate | -3.63% |
| 5-Year Change | -17.2% |
| 10-Year Change | N/A |
| Growth Volatility | 13.24 |
GAMCO Natural Resources Gold and Income Closed Fund - Net Assets Trend (2015–2024)
This chart illustrates how GAMCO Natural Resources Gold and Income Closed Fund's net assets have evolved over time, based on quarterly financial data. Also explore GAMCO Natural Resources Gold and Income total assets for the complete picture of this company's asset base.
Annual Net Assets for GAMCO Natural Resources Gold and Income Closed Fund (2015–2024)
The table below shows the annual net assets of GAMCO Natural Resources Gold and Income Closed Fund from 2015 to 2024. For live valuation and market cap data, see GNT market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $97.39 Million | -24.35% |
| 2023-12-31 | $128.74 Million | +19.88% |
| 2022-12-31 | $107.39 Million | -6.12% |
| 2021-12-31 | $114.40 Million | -2.74% |
| 2020-12-31 | $117.62 Million | -8.59% |
| 2019-12-31 | $128.67 Million | +7.70% |
| 2018-12-31 | $119.47 Million | -19.64% |
| 2017-12-31 | $148.67 Million | -0.24% |
| 2016-12-31 | $149.03 Million | +9.65% |
| 2015-12-31 | $135.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GAMCO Natural Resources Gold and Income Closed Fund'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 7426875600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $198.40 Million | 203.71% |
| Total Equity | $97.39 Million | 100.00% |
GAMCO Natural Resources Gold and Income Closed Fund Competitors by Market Cap
The table below lists competitors of GAMCO Natural Resources Gold and Income Closed Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Company K Partners Limited
KQ:307930
|
$112.77 Million |
|
Cardiff Oncology Inc
NASDAQ:CRDF
|
$112.80 Million |
|
CASH CONVERTERS INTL
F:UKC
|
$112.81 Million |
|
Magyar Bancorp Inc
NASDAQ:MGYR
|
$112.85 Million |
|
Helix BioPharma Corp.
TO:HBP
|
$112.71 Million |
|
EML Payments Ltd
AU:EML
|
$112.71 Million |
|
Dongwha Pharm.Co.Ltd
KO:000020
|
$112.70 Million |
|
Hyundai Everdigm Corp
KQ:041440
|
$112.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GAMCO Natural Resources Gold and Income Closed Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 128,741,710 to 97,393,608, a change of -31,348,102 (-24.3%).
- Net income of 5,256,773 contributed positively to equity growth.
- Other comprehensive income increased equity by 204,820,837.
- Other factors decreased equity by 241,425,712.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.26 Million | +5.4% |
| Other Comprehensive Income | $204.82 Million | +210.3% |
| Other Changes | $-241.43 Million | -247.89% |
| Total Change | $- | -24.35% |
Book Value vs Market Value Analysis
This analysis compares GAMCO Natural Resources Gold and Income Closed Fund'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: 1.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.27x to 1.37x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $6.49 | $8.21 | x |
| 2016-12-31 | $7.14 | $8.21 | x |
| 2017-12-31 | $7.27 | $8.21 | x |
| 2018-12-31 | $5.15 | $8.21 | x |
| 2019-12-31 | $6.16 | $8.21 | x |
| 2020-12-31 | $5.93 | $8.21 | x |
| 2021-12-31 | $6.03 | $8.21 | x |
| 2022-12-31 | $5.85 | $8.21 | x |
| 2023-12-31 | $7.46 | $8.21 | x |
| 2024-12-31 | $5.99 | $8.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GAMCO Natural Resources Gold and Income Closed Fund 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): 5.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.57%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.41x
- Recent ROE (5.40%) is above the historical average (4.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -22.03% | 0.00% | -0.16x | 1.03x | $-43.53 Million |
| 2016 | 20.75% | 0.00% | -0.33x | 1.12x | $16.02 Million |
| 2017 | 8.99% | 96.53% | 0.07x | 1.30x | $-1.50 Million |
| 2018 | -12.68% | 0.00% | -0.09x | 1.41x | $-27.10 Million |
| 2019 | 18.04% | 97.47% | 0.14x | 1.32x | $10.35 Million |
| 2020 | 4.86% | 87.63% | 0.04x | 1.39x | $-6.04 Million |
| 2021 | 8.48% | 93.95% | 0.07x | 1.33x | $-1.73 Million |
| 2022 | 5.34% | 89.73% | 0.04x | 1.34x | $-5.00 Million |
| 2023 | 7.46% | 69.73% | 0.10x | 1.03x | $-3.28 Million |
| 2024 | 5.40% | 49.57% | 0.08x | 1.41x | $-4.48 Million |
Industry Comparison
This section compares GAMCO Natural Resources Gold and Income Closed Fund's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $896,093,866
- Average return on equity (ROE) among peers: -12.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GAMCO Natural Resources Gold and Income Closed Fund (GNT) | $114.07 Million | -22.03% | 0.32x | $112.74 Million |
| Acadian Asset Management Inc (AAMI) | $-21.60 Million | 0.00% | 0.00x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.79 Billion | 7.51% | 0.00x | $3.59 Billion |
| Associated Capital Group Inc (AC) | $878.25 Million | 1.16% | 0.08x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $304.00 Million | 32.66% | 0.17x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $1.40 Million | -229.54% | 1.40x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $83.45 Million | -7.38% | 0.39x | $359.65 Million |
| Affiliated Managers Group Inc (AMG) | $1.30 Billion | -0.10% | 1.49x | $8.37 Billion |
| Ameriprise Financial Inc (AMP) | $4.73 Billion | 54.05% | 36.05x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $632.43 Million | 16.58% | 4.38x | $42.91 Million |
| Artisan Partners Asset Management Inc (APAM) | $-736.58 Million | 0.00% | 0.00x | $2.60 Billion |
About GAMCO Natural Resources Gold and Income Closed Fund
GAMCO Natural Resources, Gold & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. It invests in public equity markets across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities. It focuse… Read more