Sachem Capital Corp. 6.875% Note (SACC) - Net Assets
Based on the latest financial reports, Sachem Capital Corp. 6.875% Note (SACC) has net assets worth $220.61 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 ($555.46 Million) and total liabilities ($334.85 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 | $220.61 Million |
| % of Total Assets | 39.72% |
| Annual Growth Rate | 261.69% |
| 5-Year Change | 278572.98% |
| 10-Year Change | N/A |
| Growth Volatility | 77829.74 |
Sachem Capital Corp. 6.875% Note - Net Assets Trend (2016–2023)
This chart illustrates how Sachem Capital Corp. 6.875% Note's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sachem Capital Corp. 6.875% Note (2016–2023)
The table below shows the annual net assets of Sachem Capital Corp. 6.875% Note from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $230.07 Billion | +5.68% |
| 2022-12-31 | $217.71 Billion | +20.89% |
| 2021-12-31 | $180.08 Billion | +222445.21% |
| 2020-12-31 | $80.92 Million | -1.99% |
| 2019-12-31 | $82.56 Million | +56.36% |
| 2018-12-31 | $52.80 Million | -3.23% |
| 2017-12-31 | $54.57 Million | +91.56% |
| 2016-12-31 | $28.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sachem Capital Corp. 6.875% Note'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 2011549600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $46.77 Million | 0.02% |
| Other Comprehensive Income | $315.61 Million | 0.14% |
| Other Components | $249.83 Billion | 108.59% |
| Total Equity | $230.07 Billion | 100.00% |
Sachem Capital Corp. 6.875% Note Competitors by Market Cap
The table below lists competitors of Sachem Capital Corp. 6.875% Note ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mydecine Innovations Group Inc
PINK:MYCOF
|
$241.12K |
|
Kure Technologies Inc
OTCGREY:UBSBF
|
$241.21K |
|
Atlantis Resources Ltd
LSE:SAE
|
$241.85K |
|
Life Insurance Company Of Alabama
PINK:LINS
|
$243.10K |
|
Handeni Gold Inc
PINK:HNDI
|
$241.01K |
|
Gex Management Inc
PINK:GXXM
|
$240.56K |
|
Eenergy Group PLC
LSE:EAAS
|
$240.28K |
|
Primary Bank
PINK:PRMY
|
$240.12K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sachem Capital Corp. 6.875% Note's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 217,707,354,000 to 230,074,693,000, a change of 12,367,339,000 (5.7%).
- Net income of 12,103,764,000 contributed positively to equity growth.
- Dividend payments of 25,727,889,000 reduced retained earnings.
- Share repurchases of 226,327,000 reduced equity.
- Other comprehensive income increased equity by 877,103,000.
- Other factors increased equity by 25,340,688,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $12.10 Billion | +5.26% |
| Dividends Paid | $25.73 Billion | -11.18% |
| Share Repurchases | $226.33 Million | -0.1% |
| Other Comprehensive Income | $877.10 Million | +0.38% |
| Other Changes | $25.34 Billion | +11.01% |
| Total Change | $- | 5.68% |
Book Value vs Market Value Analysis
This analysis compares Sachem Capital Corp. 6.875% Note'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: 4.80x
- 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 decreased from 5.47x to 4.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $4.56 | $24.98 | x |
| 2018-12-31 | $3.42 | $24.98 | x |
| 2019-12-31 | $4.25 | $24.98 | x |
| 2020-12-31 | $3.07 | $24.98 | x |
| 2021-12-31 | $6.84 | $24.98 | x |
| 2022-12-31 | $5.77 | $24.98 | x |
| 2023-12-31 | $5.20 | $24.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sachem Capital Corp. 6.875% Note 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): 5.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.29%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 2.72x
- Recent ROE (5.26%) is above the historical average (4.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.24% | 1.66% | 0.11x | 1.35x | $-2.78 Million |
| 2017 | 0.16% | 1.26% | 0.10x | 1.24x | $-5.37 Million |
| 2018 | 0.19% | 0.87% | 0.14x | 1.63x | $-5.18 Million |
| 2019 | 0.08% | 0.55% | 0.09x | 1.71x | $-8.19 Million |
| 2020 | 11.11% | 48.35% | 0.08x | 2.80x | $901.91K |
| 2021 | 7.40% | 66.59% | 0.05x | 2.32x | $-4.69 Billion |
| 2022 | 9.60% | 68.28% | 0.05x | 2.60x | $-862.08 Million |
| 2023 | 5.26% | 40.29% | 0.05x | 2.72x | $-10.90 Billion |
Industry Comparison
This section compares Sachem Capital Corp. 6.875% Note's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $19,704,370,405
- Average return on equity (ROE) among peers: 27.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sachem Capital Corp. 6.875% Note (SACC) | $220.61 Million | 0.24% | 1.52x | $241.08K |
| Arçelik Anonim Sirketi (ACKAF) | $58.04 Billion | 10.83% | 3.00x | $21.08K |
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $696.55 Million | 0.00% | 1.09x | $2.50K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $298.81 Million | 183.48% | 2.01x | $50.39 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $122.89 Billion | 5.70% | 0.55x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $4.41 Billion | 9.48% | 0.75x | $79.86K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $5.82 Billion | 31.12% | 1.39x | $9.78 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.94 Million | 0.62% | 6.68x | $0.92 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.35 Billion | 13.98% | 0.95x | $2.50K |
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $1.53 Billion | 14.90% | 2.53x | $139.20K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $249.60 | 6.97% | 2.14x | $236.35K |
About Sachem Capital Corp. 6.875% Note
Sachem Capital Corp. 6.875% Note operates in Oil & Gas Exploration & Production.