Pearl Diver Credit Company Inc. (PDCC) - Net Assets
Based on the latest financial reports, Pearl Diver Credit Company Inc. (PDCC) has net assets worth $123.60 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 ($166.13 Million) and total liabilities ($42.53 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 PDCC asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $123.60 Million |
| % of Total Assets | 74.4% |
| Annual Growth Rate | 40.1% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Pearl Diver Credit Company Inc. - Net Assets Trend (2023–2024)
This chart illustrates how Pearl Diver Credit Company Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Pearl Diver Credit Company Inc. for the complete picture of this company's asset base.
Annual Net Assets for Pearl Diver Credit Company Inc. (2023–2024)
The table below shows the annual net assets of Pearl Diver Credit Company Inc. from 2023 to 2024. For live valuation and market cap data, see Pearl Diver Credit Company Inc. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $135.22 Million | +40.20% |
| 2023-12-31 | $96.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pearl Diver Credit Company Inc.'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 151350800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.51 Million | 1.12% |
| Common Stock | $6.80K | 0.01% |
| Other Components | $133.70 Million | 98.88% |
| Total Equity | $135.22 Million | 100.00% |
Pearl Diver Credit Company Inc. Competitors by Market Cap
The table below lists competitors of Pearl Diver Credit Company Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Artifex Mundi SA
WAR:ART
|
$69.69 Million |
|
Crown Confectionery Co Ltd
KO:264900
|
$69.71 Million |
|
Lu Hai Holding Corp
TW:2115
|
$69.71 Million |
|
Actuate Therapeutics, Inc. Common stock
NASDAQ:ACTU
|
$69.73 Million |
|
SBI Investment KOREA Co. Ltd
KQ:019550
|
$69.67 Million |
|
Plastikkart Akilli Kart Iletisim Sistemleri Sanayi ve Ticaret AS
IS:PKART
|
$69.65 Million |
|
Austral Gold Ltd
V:AGLD
|
$69.64 Million |
|
Hankuk Steel Wire Co. Ltd
KQ:025550
|
$69.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pearl Diver Credit Company Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 96,443,775 to 135,215,645, a change of 38,771,870 (40.2%).
- Net income of 6,769,813 contributed positively to equity growth.
- Dividend payments of 7,476,000 reduced retained earnings.
- Other factors increased equity by 39,478,057.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.77 Million | +5.01% |
| Dividends Paid | $7.48 Million | -5.53% |
| Other Changes | $39.48 Million | +29.2% |
| Total Change | $- | 40.20% |
Book Value vs Market Value Analysis
This analysis compares Pearl Diver Credit Company Inc.'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: 0.61x
- 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 decreased from 0.81x to 0.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | $12.58 | $10.24 | x |
| 2024-12-31 | $16.91 | $10.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pearl Diver Credit Company Inc. 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): 5.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.71%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.32x
- Recent ROE (5.01%) is below the historical average (6.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 8.69% | 373.79% | 0.02x | 1.00x | $-1.26 Million |
| 2024 | 5.01% | 38.71% | 0.10x | 1.32x | $-6.75 Million |
Industry Comparison
This section compares Pearl Diver Credit Company Inc.'s net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,222,611,667
- Average return on equity (ROE) among peers: 5.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pearl Diver Credit Company Inc. (PDCC) | $123.60 Million | 8.69% | 0.34x | $69.67 Million |
| Acadian Asset Management Inc (AAMI) | $84.00 Million | 95.24% | 7.06x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $2.07 Billion | 13.23% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $79.50 Million | 27.37% | 0.59x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $962.54 Million | 12.37% | 1.41x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $6.55 Billion | 54.41% | 28.15x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $611.58 Million | 16.58% | 4.02x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $132.30 Million | 18.75% | 3.39x | $2.65 Billion |
About Pearl Diver Credit Company Inc.
Pearl Diver Credit Company Inc. was founded in 2023 and is headquartered in London, Greater London, United Kingdom.