Foxby Corp
Foxby Corp. is a closed ended equity mutual fund launched and managed by CEF Advisers, Inc. The fund invests in the public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in stocks of companies across all market capitalizations. It was formerly known as LCM Internet Growth Fund, Inc. Foxby Corp. was formed on August… Read more
Foxby Corp (FXBY) - Net Assets
Latest net assets as of June 2025: $14.78 Million USD
Based on the latest financial reports, Foxby Corp (FXBY) has net assets worth $14.78 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 ($17.91 Million) and total liabilities ($3.13 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 | $14.78 Million |
| % of Total Assets | 82.51% |
| Annual Growth Rate | 3.28% |
| 5-Year Change | 45.11% |
| 10-Year Change | 112.74% |
| Growth Volatility | 36.3 |
Foxby Corp - Net Assets Trend (2006–2024)
This chart illustrates how Foxby Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Foxby Corp (2006–2024)
The table below shows the annual net assets of Foxby Corp from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $13.52 Million | +9.61% |
| 2023-12-31 | $12.34 Million | +26.33% |
| 2022-12-31 | $9.77 Million | -17.77% |
| 2021-12-31 | $11.88 Million | +27.45% |
| 2020-12-31 | $9.32 Million | +5.54% |
| 2019-12-31 | $8.83 Million | +29.01% |
| 2018-12-31 | $6.84 Million | -16.21% |
| 2017-12-31 | $8.17 Million | +15.57% |
| 2016-12-31 | $7.07 Million | +11.19% |
| 2015-12-31 | $6.36 Million | -9.13% |
| 2014-12-31 | $7.00 Million | +0.73% |
| 2013-12-31 | $6.94 Million | +110.66% |
| 2008-12-31 | $3.30 Million | -63.15% |
| 2007-12-31 | $8.95 Million | +18.34% |
| 2006-12-31 | $7.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Foxby Corp'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 2166835200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $6.50 Million | 48.05% |
| Common Stock | $7.03 Million | 51.95% |
| Total Equity | $13.52 Million | 100.00% |
Foxby Corp Competitors by Market Cap
The table below lists competitors of Foxby Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
QcX Gold Corp
PINK:QCXGF
|
$146.32K |
|
EXPRES2ION BIOTECH HLDG
F:5JD
|
$146.33K |
|
MINEBEA (MEA.SG)
STU:MEA
|
$146.39K |
|
IG GROUP HDGS - Dusseldorf Stock Exchang
DU:I5G
|
$146.41K |
|
Portfolioman Pet&Par SustWo KL
CO:PMIPPSW
|
$146.23K |
|
CVS GROUP
BE:4C9
|
$146.03K |
|
MITSUBISHI GAS CHEM
BE:MUG
|
$145.99K |
|
Must Capital Inc
V:MUST-H
|
$145.99K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Foxby Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,338,548 to 13,523,779, a change of 1,185,231 (9.6%).
- Net income of 2,093,111 contributed positively to equity growth.
- Dividend payments of 907,880 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.09 Million | +15.48% |
| Dividends Paid | $907.88K | -6.71% |
| Total Change | $- | 9.61% |
Book Value vs Market Value Analysis
This analysis compares Foxby Corp'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 1.19x 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 |
|---|---|---|---|
| 2013-12-31 | $13.30 | $15.85 | x |
| 2014-12-31 | $13.40 | $15.85 | x |
| 2015-12-31 | $12.18 | $15.85 | x |
| 2016-12-31 | $13.54 | $15.85 | x |
| 2017-12-31 | $15.59 | $15.85 | x |
| 2018-12-31 | $13.18 | $15.85 | x |
| 2019-12-31 | $16.92 | $15.85 | x |
| 2020-12-31 | $17.86 | $15.85 | x |
| 2021-12-31 | $22.77 | $15.85 | x |
| 2022-12-31 | $18.72 | $15.85 | x |
| 2023-12-31 | $23.65 | $15.85 | x |
| 2024-12-31 | $25.92 | $15.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Foxby Corp 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): 15.48%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 175.69%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.18x
- Recent ROE (15.48%) is above the historical average (-3.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 13.86% | 72.65% | 0.17x | 1.13x | $291.49K |
| 2007 | 15.85% | 85.71% | 0.15x | 1.20x | $522.96K |
| 2008 | -171.38% | -4126.66% | 0.04x | 1.02x | $-5.98 Million |
| 2013 | 22.39% | 1001.43% | 0.02x | 1.13x | $860.45K |
| 2014 | 0.73% | 27.96% | 0.02x | 1.09x | $-648.81K |
| 2015 | -9.23% | -83.30% | 0.09x | 1.19x | $-1.22 Million |
| 2016 | 10.43% | 110.23% | 0.08x | 1.19x | $30.45K |
| 2017 | 13.47% | 90.33% | 0.12x | 1.25x | $283.56K |
| 2018 | -19.34% | 0.00% | -0.16x | 1.15x | $-2.01 Million |
| 2019 | 22.78% | 95.12% | 0.20x | 1.22x | $1.13 Million |
| 2020 | 5.25% | 80.39% | 0.06x | 1.09x | $-442.67K |
| 2021 | 30.43% | 96.54% | 0.26x | 1.22x | $2.43 Million |
| 2022 | -20.59% | 0.00% | -0.17x | 1.15x | $-2.99 Million |
| 2023 | 22.01% | 1881.00% | 0.01x | 1.18x | $1.48 Million |
| 2024 | 15.48% | 175.69% | 0.07x | 1.18x | $740.73K |
Industry Comparison
This section compares Foxby Corp's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $351,111,792
- Average return on equity (ROE) among peers: 0.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Foxby Corp (FXBY) | $14.78 Million | 13.86% | 0.21x | $146.26K |
| Aberdeen International Inc (AABVF) | $214.75K | -122.83% | 0.39x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-21.60 Million | 0.00% | 0.00x | $1.37 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.38 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $913.08 Million | 4.10% | 0.03x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $788.86 Million | 18.29% | 0.62x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $190.80 Million | 139.32% | 0.02x | $73.68K |
| AGF Management Limited (AGFMF) | $908.07 Million | 4.67% | 0.50x | $298.43 Million |
| Agronomics Limited (AGNMF) | $157.27 Million | -6.99% | 0.00x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $8.00 Million | -83.04% | 0.47x | $2.71 Million |