Maiden Holdings North America Ltd ELKS
Maiden Holdings North American Ltd. 7.75% Nts 12/01/2043
Maiden Holdings North America Ltd ELKS (MHNC) - Net Assets
Latest net assets as of September 2024: $208.18 Million USD
Based on the latest financial reports, Maiden Holdings North America Ltd ELKS (MHNC) has net assets worth $208.18 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 ($1.39 Billion) and total liabilities ($1.19 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $208.18 Million |
| % of Total Assets | 14.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | -50.93% |
| 10-Year Change | -99.99% |
| Growth Volatility | 24174.24 |
Maiden Holdings North America Ltd ELKS - Net Assets Trend (2008–2023)
This chart illustrates how Maiden Holdings North America Ltd ELKS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Maiden Holdings North America Ltd ELKS (2008–2023)
The table below shows the annual net assets of Maiden Holdings North America Ltd ELKS from 2008 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $249.16 Million | +87453.90% |
| 2022-12-31 | $284.58K | -25.94% |
| 2021-12-31 | $384.26K | -27.20% |
| 2020-12-31 | $527.82K | -99.90% |
| 2019-12-31 | $507.72 Million | -8.29% |
| 2018-12-31 | $553.63 Million | -55.05% |
| 2017-12-31 | $1.23 Billion | -9.46% |
| 2016-12-31 | $1.36 Billion | -99.98% |
| 2015-12-31 | $5.71 Trillion | +227.03% |
| 2014-12-31 | $1.75 Trillion | -62.94% |
| 2013-12-31 | $4.71 Trillion | +13.90% |
| 2012-12-31 | $4.13 Trillion | +23.37% |
| 2011-12-31 | $3.35 Trillion | +250.35% |
| 2010-12-31 | $-2.23 Trillion | -13.86% |
| 2009-12-31 | $-1.96 Trillion | -120996.05% |
| 2008-12-31 | $-1.62 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Maiden Holdings North America Ltd ELKS'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 1907.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.50 Million | 0.60% |
| Other Comprehensive Income | $-31.47 Million | -12.63% |
| Other Components | $766.08 Million | 307.46% |
| Total Equity | $249.16 Million | 100.00% |
Maiden Holdings North America Ltd ELKS Competitors by Market Cap
The table below lists competitors of Maiden Holdings North America Ltd ELKS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RiverNorth Flexible Municipal Income Fund II Inc
NYSE:RFMZ
|
$121.14K |
|
Transition Evergreen
PA:EGR
|
$121.15K |
|
Copper Property CTL Pass Through Trust
OTCGREY:CPPTL
|
$121.24K |
|
Lawfinance Ltd
AU:LAW
|
$121.26K |
|
JQTMF
PINK:JQTMF
|
$121.10K |
|
Spring Ventures Ltd
TA:SPRG
|
$120.95K |
|
NorthView Acquisition Corporation Rights
NASDAQ:NVACR
|
$120.91K |
|
DOCCHECK N - Dusseldorf Stock Exchang
DU:AJ91
|
$120.86K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Maiden Holdings North America Ltd ELKS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 284,579 to 249,160,000, a change of 248,875,421 (87453.9%).
- Other comprehensive income decreased equity by 31,427,766.
- Other factors increased equity by 280,303,187.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $0.00 | -0.0% |
| Other Comprehensive Income | $-31.43 Million | -12.61% |
| Other Changes | $280.30 Million | +112.5% |
| Total Change | $- | 87453.90% |
Book Value vs Market Value Analysis
This analysis compares Maiden Holdings North America Ltd ELKS'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: 3879.34x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.47x to 3879.34x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $8.59 | $12.67 | x |
| 2009-12-31 | $9.71 | $12.67 | x |
| 2010-12-31 | $10.60 | $12.67 | x |
| 2011-12-31 | $0.01 | $12.67 | x |
| 2012-12-31 | $13887.31 | $12.67 | x |
| 2013-12-31 | $14706.55 | $12.67 | x |
| 2014-12-31 | $16739.54 | $12.67 | x |
| 2015-12-31 | $15738.54 | $12.67 | x |
| 2016-12-31 | $17.29 | $12.67 | x |
| 2017-12-31 | $14.38 | $12.67 | x |
| 2018-12-31 | $6.67 | $12.67 | x |
| 2019-12-31 | $6.11 | $12.67 | x |
| 2020-12-31 | $0.01 | $12.67 | x |
| 2021-12-31 | $0.00 | $12.67 | x |
| 2022-12-31 | $0.00 | $12.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Maiden Holdings North America Ltd ELKS 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): 19478.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 95.36%
- • Asset Turnover: 31.48x
- • Equity Multiplier: 6.49x
- Recent ROE (19478.60%) is above the historical average (3747.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 3686.54% | 4.48% | 197258.93x | 0.00x | $18.74 Billion |
| 2009 | 9025.57% | 6.21% | 372.97x | 3.90x | $60.99 Billion |
| 2010 | 9312.98% | 5.60% | 418.53x | 3.97x | $69.79 Billion |
| 2011 | 3.71% | 1.74% | 0.49x | 4.36x | $-48.34 Billion |
| 2012 | 0.00% | 2.65% | 0.00x | 4.08x | $-101.47 Billion |
| 2013 | 0.01% | 4.87% | 0.00x | 4.19x | $-112.28 Billion |
| 2014 | 0.01% | 4.26% | 0.00x | 1.41x | $-123.97 Billion |
| 2015 | 0.01% | 4.84% | 0.00x | 4.24x | $-134.66 Billion |
| 2016 | 3.60% | 1.79% | 0.44x | 4.59x | $-87.10 Million |
| 2017 | -13.79% | -5.82% | 0.44x | 5.39x | $-293.11 Million |
| 2018 | -98.26% | -25.16% | 0.41x | 9.54x | $-600.05 Million |
| 2019 | -25.98% | -22.89% | 0.16x | 7.03x | $-182.67 Million |
| 2020 | 7912.23% | 22.68% | 62.45x | 5.59x | $41.71 Million |
| 2021 | 6934.16% | 26.99% | 42.50x | 6.04x | $26.61 Million |
| 2022 | 19478.60% | 95.36% | 31.48x | 6.49x | $55.40 Million |
Industry Comparison
This section compares Maiden Holdings North America Ltd ELKS's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maiden Holdings North America Ltd ELKS (MHNC) | $208.18 Million | 3686.54% | 5.69x | $121.12K |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |