Scottish Mortgage Investment Trust PLC
Scottish Mortgage Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. The fund is co-managed by Baillie Gifford & Co. It invests in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. The fund invests in growth stocks of companies. It focuses on factors su… Read more
Scottish Mortgage Investment Trust PLC (STMZF) - Net Assets
Latest net assets as of September 2019: $7.73 Billion USD
Based on the latest financial reports, Scottish Mortgage Investment Trust PLC (STMZF) has net assets worth $7.73 Billion USD as of September 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.46 Billion) and total liabilities ($732.74 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 | $7.73 Billion |
| % of Total Assets | 91.34% |
| Annual Growth Rate | 92.81% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 222.58 |
Scottish Mortgage Investment Trust PLC - Net Assets Trend (2015–2019)
This chart illustrates how Scottish Mortgage Investment Trust PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Scottish Mortgage Investment Trust PLC (2015–2019)
The table below shows the annual net assets of Scottish Mortgage Investment Trust PLC from 2015 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-03-31 | $7.43 Billion | +20.07% |
| 2018-03-31 | $6.19 Billion | +26.97% |
| 2017-03-31 | $4.87 Billion | +40.96% |
| 2016-03-31 | $3.46 Billion | +543.05% |
| 2015-03-31 | $537.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Scottish Mortgage Investment Trust PLC'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 1239.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2019)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.99 Billion | 53.68% |
| Common Stock | $73.71 Million | 0.99% |
| Other Components | $3.37 Billion | 45.33% |
| Total Equity | $7.43 Billion | 100.00% |
Scottish Mortgage Investment Trust PLC Competitors by Market Cap
The table below lists competitors of Scottish Mortgage Investment Trust PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rbr Top Offices Fundo De Investimento Imobiliario Responsabilidade Limitada
SA:TOPP11
|
$109.74K |
|
Dongwon Systems Corp. Pfd. Series 1
KQ:014825
|
$109.74K |
|
BCA POP. EMILIA R.
BE:4BE
|
$109.79K |
|
International Display Advertising Inc
OTCQB:IRME
|
$109.81K |
|
KOBCY
PINK:KOBCY
|
$109.58K |
|
Gangotri Textiles Limited
NSE:GANGOTRI
|
$109.55K |
|
KOBE STEEL LTD - Dusseldorf Stock Exchang
DU:KST
|
$109.54K |
|
Oakley Capital Investments Limited
LSE:OCI
|
$109.51K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Scottish Mortgage Investment Trust PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from 6,187,756,000 to 7,429,930,000, a change of 1,242,174,000 (20.1%).
- Net income of 883,279,000 contributed positively to equity growth.
- Dividend payments of 43,995,000 reduced retained earnings.
- Other factors increased equity by 402,890,000.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $883.28 Million | +11.89% |
| Dividends Paid | $43.99 Million | -0.59% |
| Other Changes | $402.89 Million | +5.42% |
| Total Change | $- | 20.07% |
Book Value vs Market Value Analysis
This analysis compares Scottish Mortgage Investment Trust PLC'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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Scottish Mortgage Investment Trust PLC 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): 11.89%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 92.81%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.10x
- Recent ROE (11.89%) is below the historical average (15.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 21.66% | 91.77% | 0.21x | 1.15x | $62.71 Million |
| 2016 | -0.43% | -56.27% | 0.01x | 1.15x | $-360.52 Million |
| 2017 | 26.68% | 94.08% | 0.26x | 1.11x | $812.88 Million |
| 2018 | 19.57% | 98.15% | 0.18x | 1.08x | $592.45 Million |
| 2019 | 11.89% | 92.81% | 0.12x | 1.10x | $140.29 Million |
Industry Comparison
This section compares Scottish Mortgage Investment Trust PLC'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 |
|---|---|---|---|---|
| Scottish Mortgage Investment Trust PLC (STMZF) | $7.73 Billion | 21.66% | 0.09x | $109.63K |
| 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 |