Chemtrade Logistics Income Fund
Chemtrade Logistics Income Fund offers industrial chemicals and services in Canada, the United States, and South America. It operates through two segments, Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). The company offers sulphuric acid products, including merchant, regen, and ultrapure acid; emulsified, molten, and prilled sulphur; ammonium sulphate, carbon disulphide, hydrogen su… Read more
Chemtrade Logistics Income Fund (CGIFF) - Net Assets
Latest net assets as of September 2025: $754.65 Million USD
Based on the latest financial reports, Chemtrade Logistics Income Fund (CGIFF) has net assets worth $754.65 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.30 Billion) and total liabilities ($1.54 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 | $754.65 Million |
| % of Total Assets | 32.83% |
| Annual Growth Rate | 13.87% |
| 5-Year Change | 35.08% |
| 10-Year Change | -7.09% |
| Growth Volatility | 43.58 |
Chemtrade Logistics Income Fund - Net Assets Trend (2000–2024)
This chart illustrates how Chemtrade Logistics Income Fund's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chemtrade Logistics Income Fund (2000–2024)
The table below shows the annual net assets of Chemtrade Logistics Income Fund from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $818.36 Million | +15.73% |
| 2023-12-31 | $707.14 Million | +24.89% |
| 2022-12-31 | $566.21 Million | +49.06% |
| 2021-12-31 | $379.85 Million | -37.30% |
| 2020-12-31 | $605.82 Million | -20.24% |
| 2019-12-31 | $759.58 Million | -25.29% |
| 2018-12-31 | $1.02 Billion | -11.49% |
| 2017-12-31 | $1.15 Billion | +49.36% |
| 2016-12-31 | $769.05 Million | -12.68% |
| 2015-12-31 | $880.77 Million | +23.28% |
| 2014-12-31 | $714.42 Million | +146.07% |
| 2013-12-31 | $290.33 Million | -10.38% |
| 2012-12-31 | $323.96 Million | -3.48% |
| 2011-12-31 | $335.64 Million | +65.86% |
| 2010-12-31 | $202.37 Million | +6.23% |
| 2009-12-31 | $190.50 Million | +6.36% |
| 2008-12-31 | $179.11 Million | -13.18% |
| 2007-12-31 | $206.29 Million | -2.67% |
| 2006-12-31 | $211.96 Million | -15.68% |
| 2005-12-31 | $251.36 Million | +45.41% |
| 2004-12-31 | $172.86 Million | -5.51% |
| 2003-12-31 | $182.95 Million | +51.06% |
| 2002-12-31 | $121.11 Million | +58.11% |
| 2001-12-31 | $76.60 Million | +111.44% |
| 2000-12-31 | $36.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chemtrade Logistics Income 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 decreased by 109531700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.91 Billion | 233.84% |
| Total Equity | $818.36 Million | 100.00% |
Chemtrade Logistics Income Fund Competitors by Market Cap
The table below lists competitors of Chemtrade Logistics Income Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Parex Resources Inc
PINK:PARXF
|
$748.26 Million |
|
Mitchells & Butlers plc
PINK:MBPFF
|
$748.30 Million |
|
ZWSOFT Guangzhou Co Ltd
SHG:688083
|
$748.47 Million |
|
Jiangxi Ganyue Expressway Co Ltd
SHG:600269
|
$749.09 Million |
|
Noritake Co. Limited
F:NO4
|
$748.03 Million |
|
Ningbo Tip Rubber Technology Co Ltd
SHG:605255
|
$747.95 Million |
|
Metsa Board Oyj A
HE:METSA
|
$747.38 Million |
|
A-Mark Precious Metals Inc.
STU:AND
|
$747.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chemtrade Logistics Income Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 707,141,000 to 818,357,000, a change of 111,216,000 (15.7%).
- Net income of 126,908,000 contributed positively to equity growth.
- Dividend payments of 76,614,000 reduced retained earnings.
- Share repurchases of 60,623,000 reduced equity.
- Other factors increased equity by 121,545,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $126.91 Million | +15.51% |
| Dividends Paid | $76.61 Million | -9.36% |
| Share Repurchases | $60.62 Million | -7.41% |
| Other Changes | $121.55 Million | +14.85% |
| Total Change | $- | 15.73% |
Book Value vs Market Value Analysis
This analysis compares Chemtrade Logistics Income 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: 0.95x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $6.50 | x |
| 2016-12-31 | $0.00 | $6.50 | x |
| 2017-12-31 | $0.00 | $6.50 | x |
| 2018-12-31 | $0.00 | $6.50 | x |
| 2020-12-31 | $6.50 | $6.50 | x |
| 2021-12-31 | $3.64 | $6.50 | x |
| 2022-12-31 | $4.90 | $6.50 | x |
| 2023-12-31 | $6.04 | $6.50 | x |
| 2024-12-31 | $6.88 | $6.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chemtrade Logistics Income 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): 15.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.10%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 2.79x
- Recent ROE (15.51%) is above the historical average (4.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 24.65% | 6.93% | 2.20x | 1.61x | $5.24 Million |
| 2002 | 6.28% | 5.76% | 0.71x | 1.54x | $-4.50 Million |
| 2003 | 7.90% | 6.45% | 0.76x | 1.62x | $-3.84 Million |
| 2004 | 9.04% | 5.43% | 0.97x | 1.72x | $-1.66 Million |
| 2005 | 4.51% | 3.11% | 0.71x | 2.03x | $-13.80 Million |
| 2006 | 1.55% | 0.69% | 0.97x | 2.30x | $-17.92 Million |
| 2007 | 10.06% | 3.78% | 1.07x | 2.48x | $117.19K |
| 2008 | 18.51% | 3.42% | 1.80x | 3.01x | $15.23 Million |
| 2009 | 23.41% | 8.59% | 1.10x | 2.47x | $25.55 Million |
| 2010 | 17.32% | 6.26% | 1.15x | 2.41x | $14.81 Million |
| 2011 | 17.61% | 6.85% | 0.82x | 3.14x | $25.55 Million |
| 2012 | 12.14% | 4.24% | 0.94x | 3.03x | $6.94 Million |
| 2013 | 1.77% | 0.65% | 0.88x | 3.08x | $-23.89 Million |
| 2014 | 2.53% | 1.75% | 0.54x | 2.69x | $-53.35 Million |
| 2015 | -5.40% | -4.22% | 0.47x | 2.74x | $-135.67 Million |
| 2016 | 0.62% | 0.44% | 0.49x | 2.81x | $-72.16 Million |
| 2017 | 12.83% | 10.03% | 0.49x | 2.60x | $32.49 Million |
| 2018 | -12.94% | -8.24% | 0.55x | 2.83x | $-233.19 Million |
| 2019 | -13.12% | -6.50% | 0.55x | 3.66x | $-175.61 Million |
| 2020 | -27.65% | -12.14% | 0.55x | 4.13x | $-228.06 Million |
| 2021 | -61.92% | -17.19% | 0.67x | 5.39x | $-273.19 Million |
| 2022 | 19.27% | 6.02% | 0.84x | 3.81x | $52.49 Million |
| 2023 | 35.26% | 13.50% | 0.88x | 2.98x | $178.60 Million |
| 2024 | 15.51% | 7.10% | 0.78x | 2.79x | $45.07 Million |
Industry Comparison
This section compares Chemtrade Logistics Income Fund's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $4,551,697,655
- Average return on equity (ROE) among peers: 0.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chemtrade Logistics Income Fund (CGIFF) | $754.65 Million | 24.65% | 2.05x | $748.14 Million |
| Synalloy Corporation (ACNT) | $26.00 Million | 24.62% | 0.65x | $96.97 Million |
| Advance ZincTek Limited (ADVNF) | $34.99 Million | 6.26% | 0.09x | $5.02 Million |
| AdvanSix Inc (ASIX) | $215.36 Million | 15.86% | 3.20x | $435.20 Million |
| ASP Isotopes Inc. Common Stock (ASPI) | $6.00 Million | -43.48% | 0.19x | $437.78 Million |
| Braskem SA Class A (BAK) | $5.89 Billion | 14.66% | 7.38x | $970.61 Million |
| Bachem Holding AG (BCHMF) | $389.21 Million | 11.99% | 0.14x | $1.98 Billion |
| BASF SE NA O.N. (BFFAF) | $36.11 Billion | 13.04% | 1.40x | $47.09 Billion |
| BioLargo Inc (BLGO) | $-770.20K | 0.00% | 0.00x | $51.87 Million |
| Black Swan Graphene Inc. (BSWGF) | $13.83 Million | -43.99% | 0.01x | $10.07 Million |
| Celanese Corporation (CE) | $2.83 Billion | 10.75% | 2.03x | $6.44 Billion |