iShares MSCI
Isramco Negev 2 Limited Partnership engages in the exploration, development, and production of oil, natural gas, and condensate in Israel, Jordan, and Egypt. The company's properties include the Tamar and Levitan reservoirs; and Shimshon possession. It serves various customers, as well as Israel Electric Company Ltd. The company was incorporated in 1989 and is based in Petah Tikva, Israel.
iShares MSCI (ISRMF) - Net Assets
Latest net assets as of December 2024: $621.57 Million USD
Based on the latest financial reports, iShares MSCI (ISRMF) has net assets worth $621.57 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.33 Billion) and total liabilities ($705.13 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 | $621.57 Million |
| % of Total Assets | 46.85% |
| Annual Growth Rate | 3.66% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 24.86 |
iShares MSCI - Net Assets Trend (2020–2024)
This chart illustrates how iShares MSCI's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for iShares MSCI (2020–2024)
The table below shows the annual net assets of iShares MSCI from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $621.57 Million | +6.03% |
| 2023-12-31 | $586.22 Million | +10.10% |
| 2022-12-31 | $532.42 Million | +40.50% |
| 2021-12-31 | $378.95 Million | -29.61% |
| 2020-12-31 | $538.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to iShares MSCI'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 200.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $118.30 Million | 19.03% |
| Other Components | $503.26 Million | 80.97% |
| Total Equity | $621.57 Million | 100.00% |
iShares MSCI Competitors by Market Cap
The table below lists competitors of iShares MSCI ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cementos Pacasmayo S.A.A
F:EPCC
|
$786.60 Million |
|
OAKLEY CAPITAL INV.LS-01
F:34O
|
$786.64 Million |
|
Dynavox Group
ST:DYVOX
|
$786.85 Million |
|
Biotage AB
ST:BIOT
|
$787.18 Million |
|
Xinhua Winshare Publishing and Media Co Ltd
SHG:601811
|
$786.34 Million |
|
Viridien Société anonyme
F:GDG
|
$786.17 Million |
|
Austevoll Seafood ASA
PINK:ASTVF
|
$786.13 Million |
|
Hunan Boyun New Materials Co Ltd
SHE:002297
|
$786.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in iShares MSCI's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 586,215,000 to 621,565,000, a change of 35,350,000 (6.0%).
- Net income of 144,844,000 contributed positively to equity growth.
- Dividend payments of 110,020,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $144.84 Million | +23.3% |
| Dividends Paid | $110.02 Million | -17.7% |
| Other Changes | $526.00K | +0.08% |
| Total Change | $- | 6.03% |
Book Value vs Market Value Analysis
This analysis compares iShares MSCI'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: 1.63x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.88x to 1.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.21 | $0.39 | x |
| 2021-12-31 | $0.15 | $0.39 | x |
| 2022-12-31 | $0.21 | $0.39 | x |
| 2023-12-31 | $0.23 | $0.39 | x |
| 2024-12-31 | $0.24 | $0.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently iShares MSCI 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): 23.30%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.18%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.13x
- Recent ROE (23.30%) is above the historical average (21.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 44.28% | 54.84% | 0.31x | 2.64x | $184.55 Million |
| 2021 | -11.90% | -10.99% | 0.34x | 3.20x | $-82.99 Million |
| 2022 | 29.78% | 30.57% | 0.42x | 2.29x | $105.31 Million |
| 2023 | 22.61% | 27.82% | 0.37x | 2.20x | $73.90 Million |
| 2024 | 23.30% | 27.18% | 0.40x | 2.13x | $82.69 Million |
Industry Comparison
This section compares iShares MSCI's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| iShares MSCI (ISRMF) | $621.57 Million | 44.28% | 1.13x | $786.47 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |