Canadian General Investments Ltd
Canadian General Investments, Limited is a close ended equity mutual fund launched and managed by Morgan Meighen & Associates Limited. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in stocks of companies across all market capitalization. The fund employs fundamental analysis with a bottom-up stoc… Read more
Canadian General Investments Ltd (CGRIF) - Net Assets
Latest net assets as of June 2025: $1.47 Billion USD
Based on the latest financial reports, Canadian General Investments Ltd (CGRIF) has net assets worth $1.47 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.67 Billion) and total liabilities ($202.17 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 | $1.47 Billion |
| % of Total Assets | 87.9% |
| Annual Growth Rate | 7.58% |
| 5-Year Change | 38.59% |
| 10-Year Change | 184.38% |
| Growth Volatility | 26.54 |
Canadian General Investments Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Canadian General Investments Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Canadian General Investments Ltd (2000–2024)
The table below shows the annual net assets of Canadian General Investments Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.45 Billion | +24.62% |
| 2023-12-31 | $1.16 Billion | +15.32% |
| 2022-12-31 | $1.01 Billion | -21.38% |
| 2021-12-31 | $1.28 Billion | +22.66% |
| 2020-12-31 | $1.04 Billion | +35.24% |
| 2019-12-31 | $771.55 Million | +28.13% |
| 2018-12-31 | $602.16 Million | -12.91% |
| 2017-12-31 | $691.44 Million | +18.47% |
| 2016-12-31 | $583.64 Million | +14.77% |
| 2015-12-31 | $508.53 Million | -9.90% |
| 2014-12-31 | $564.38 Million | +5.81% |
| 2013-12-31 | $533.40 Million | +17.29% |
| 2012-12-31 | $454.78 Million | +7.04% |
| 2011-12-31 | $424.88 Million | -15.03% |
| 2010-12-31 | $500.05 Million | +25.07% |
| 2009-12-31 | $399.80 Million | +38.82% |
| 2008-12-31 | $288.01 Million | -56.54% |
| 2007-12-31 | $662.78 Million | +1.48% |
| 2006-12-31 | $653.13 Million | +11.05% |
| 2005-12-31 | $588.15 Million | +23.57% |
| 2004-12-31 | $475.98 Million | +17.74% |
| 2003-12-31 | $404.26 Million | +90.06% |
| 2002-12-31 | $212.70 Million | -5.56% |
| 2001-12-31 | $225.22 Million | -9.99% |
| 2000-12-31 | $250.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Canadian General Investments Ltd'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 956.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.32 Billion | 91.11% |
| Common Stock | $128.57 Million | 8.89% |
| Total Equity | $1.45 Billion | 100.00% |
Canadian General Investments Ltd Competitors by Market Cap
The table below lists competitors of Canadian General Investments Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Essity AB
STU:ESWB
|
$244.14K |
|
Athene Holding Ltd. 7.250% Fixed
NYSE:ATHS
|
$244.16K |
|
Strats SM Trust for Wal Mart Stores Inc Securities Series 2005-4 GIC
NYSE:GJO
|
$244.18K |
|
Lithium One Metals Inc.
PINK:LOMEF
|
$244.27K |
|
Kona Gold Solutions Inc
PINK:KGKG
|
$244.04K |
|
Harrow Health Inc. 8.625% Senior Notes due 2026
NASDAQ:HROWL
|
$243.96K |
|
CIE DES ALPES (CDA)
F:JCA
|
$243.78K |
|
TOCT
BATS:TOCT
|
$243.61K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Canadian General Investments Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,160,441,000 to 1,446,155,000, a change of 285,714,000 (24.6%).
- Net income of 306,575,000 contributed positively to equity growth.
- Dividend payments of 20,861,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $306.57 Million | +21.2% |
| Dividends Paid | $20.86 Million | -1.44% |
| Total Change | $- | 24.62% |
Book Value vs Market Value Analysis
This analysis compares Canadian General Investments Ltd'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: 0.36x
- 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 1.18x to 0.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $21.16 | $25.00 | x |
| 2005-12-31 | $25.67 | $25.00 | x |
| 2006-12-31 | $31.36 | $25.00 | x |
| 2007-12-31 | $31.98 | $25.00 | x |
| 2008-12-31 | $13.81 | $25.00 | x |
| 2009-12-31 | $19.17 | $25.00 | x |
| 2010-12-31 | $23.97 | $25.00 | x |
| 2011-12-31 | $20.36 | $25.00 | x |
| 2012-12-31 | $21.80 | $25.00 | x |
| 2013-12-31 | $25.57 | $25.00 | x |
| 2014-12-31 | $27.11 | $25.00 | x |
| 2015-12-31 | $24.41 | $25.00 | x |
| 2016-12-31 | $27.97 | $25.00 | x |
| 2017-12-31 | $33.16 | $25.00 | x |
| 2018-12-31 | $28.87 | $25.00 | x |
| 2019-12-31 | $36.99 | $25.00 | x |
| 2020-12-31 | $50.00 | $25.00 | x |
| 2021-12-31 | $61.33 | $25.00 | x |
| 2022-12-31 | $48.22 | $25.00 | x |
| 2023-12-31 | $55.64 | $25.00 | x |
| 2024-12-31 | $69.34 | $25.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Canadian General Investments Ltd 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): 21.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 88.01%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.14x
- Recent ROE (21.20%) is above the historical average (5.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | 0.00% | 0.01x | 1.00x | $-25.02 Million |
| 2001 | 1.14% | 58.97% | 0.02x | 1.01x | $-19.96 Million |
| 2002 | 0.00% | 0.00% | 0.02x | 1.00x | $-21.27 Million |
| 2003 | 24.80% | 1317.46% | 0.02x | 1.00x | $59.83 Million |
| 2004 | 23.16% | 676.67% | 0.03x | 1.29x | $62.63 Million |
| 2005 | 25.06% | 962.84% | 0.02x | 1.24x | $88.55 Million |
| 2006 | 26.59% | 1126.99% | 0.02x | 1.33x | $108.33 Million |
| 2007 | 7.34% | 352.05% | 0.02x | 1.33x | $-17.66 Million |
| 2008 | -136.10% | -2229.47% | 0.04x | 1.53x | $-420.79 Million |
| 2009 | 30.88% | 1030.12% | 0.02x | 1.38x | $83.49 Million |
| 2010 | 24.07% | 970.07% | 0.02x | 1.30x | $70.38 Million |
| 2011 | -14.25% | -495.09% | 0.02x | 1.36x | $-103.02 Million |
| 2012 | 9.92% | 85.61% | 0.09x | 1.33x | $-379.20K |
| 2013 | 17.99% | 92.73% | 0.15x | 1.28x | $42.63 Million |
| 2014 | 8.01% | 86.15% | 0.07x | 1.26x | $-11.26 Million |
| 2015 | -7.87% | 0.00% | -0.05x | 1.30x | $-90.85 Million |
| 2016 | 15.59% | 95.45% | 0.13x | 1.26x | $32.61 Million |
| 2017 | 17.88% | 96.55% | 0.15x | 1.22x | $54.51 Million |
| 2018 | -12.19% | 0.00% | -0.09x | 1.25x | $-133.64 Million |
| 2019 | 24.12% | 96.37% | 0.20x | 1.23x | $108.92 Million |
| 2020 | 27.74% | 98.32% | 0.24x | 1.17x | $185.09 Million |
| 2021 | 19.91% | 89.58% | 0.19x | 1.14x | $126.80 Million |
| 2022 | -25.28% | 0.00% | -0.20x | 1.15x | $-355.02 Million |
| 2023 | 15.01% | 86.92% | 0.15x | 1.15x | $58.11 Million |
| 2024 | 21.20% | 88.01% | 0.21x | 1.14x | $161.96 Million |
Industry Comparison
This section compares Canadian General Investments Ltd'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 |
|---|---|---|---|---|
| Canadian General Investments Ltd (CGRIF) | $1.47 Billion | 0.00% | 0.14x | $244.07K |
| 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 |