TriLinc Global Impact Fund LLC
TriLinc Global Impact Fund, LLC, through its subsidiaries, invests in small and medium enterprises (SMEs). It uses the proceeds raised from the issuance of units to invest in SMEs through local market sub-advisors in a portfolio of financial assets, including direct loans, loan participations, convertible debt instruments, trade finance, structured credit, and preferred and common equity investme… Read more
TriLinc Global Impact Fund LLC (TRLC) - Net Assets
Latest net assets as of September 2025: $273.36 Million USD
Based on the latest financial reports, TriLinc Global Impact Fund LLC (TRLC) has net assets worth $273.36 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 ($282.84 Million) and total liabilities ($9.49 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 | $273.36 Million |
| % of Total Assets | 96.65% |
| Annual Growth Rate | -5.32% |
| 5-Year Change | -20.87% |
| 10-Year Change | N/A |
| Growth Volatility | 6.44 |
TriLinc Global Impact Fund LLC - Net Assets Trend (2019–2024)
This chart illustrates how TriLinc Global Impact Fund LLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TriLinc Global Impact Fund LLC (2019–2024)
The table below shows the annual net assets of TriLinc Global Impact Fund LLC from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $281.14 Million | +3.03% |
| 2023-12-31 | $272.85 Million | -3.22% |
| 2022-12-31 | $281.95 Million | -16.76% |
| 2021-12-31 | $338.73 Million | -4.66% |
| 2020-12-31 | $355.27 Million | -3.88% |
| 2019-12-31 | $369.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TriLinc Global Impact Fund LLC'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $298.49 Million | 106.17% |
| Total Equity | $281.14 Million | 100.00% |
TriLinc Global Impact Fund LLC Competitors by Market Cap
The table below lists competitors of TriLinc Global Impact Fund LLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hitejinro Holdings
KO:000140
|
$41.80 Million |
|
Battalion Oil Corp
NYSE MKT:BATL
|
$41.80 Million |
|
Adler Group S.A
PINK:ADPPF
|
$41.80 Million |
|
South Basic Chemicals JSC
VN:CSV
|
$41.81 Million |
|
Es Bancshares Md
OTCQX:ESBS
|
$41.78 Million |
|
KMH Co. Ltd
KQ:122450
|
$41.77 Million |
|
Alkim Kagit Sanayi ve Ticaret AS
IS:ALKA
|
$41.77 Million |
|
Viscount Mining Corp
PINK:VLMGF
|
$41.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TriLinc Global Impact Fund LLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 272,854,872 to 281,135,972, a change of 8,281,100 (3.0%).
- Net income of 12,468,378 contributed positively to equity growth.
- Dividend payments of 4,181,278 reduced retained earnings.
- Other comprehensive income increased equity by 17,355,402.
- Other factors decreased equity by 17,361,402.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $12.47 Million | +4.43% |
| Dividends Paid | $4.18 Million | -1.49% |
| Other Comprehensive Income | $17.36 Million | +6.17% |
| Other Changes | $-17.36 Million | -6.18% |
| Total Change | $- | 3.03% |
Book Value vs Market Value Analysis
This analysis compares TriLinc Global Impact Fund LLC'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: 0.20x
- 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 |
|---|---|---|---|
| 2019-12-31 | $8.27 | $1.15 | x |
| 2020-12-31 | $0.01 | $1.15 | x |
| 2021-12-31 | $0.01 | $1.15 | x |
| 2023-12-31 | $5.71 | $1.15 | x |
| 2024-12-31 | $5.88 | $1.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TriLinc Global Impact Fund LLC 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): 4.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 51.53%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.02x
- Recent ROE (4.43%) is above the historical average (0.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 4.94% | 41.92% | 0.11x | 1.04x | $-18.72 Million |
| 2020 | 2.50% | 21.05% | 0.11x | 1.04x | $-26.63 Million |
| 2021 | 1.00% | 10.50% | 0.09x | 1.03x | $-30.47 Million |
| 2022 | -11.87% | -146.15% | 0.07x | 1.12x | $-61.65 Million |
| 2023 | 0.15% | 1.52% | 0.10x | 1.02x | $-26.87 Million |
| 2024 | 4.43% | 51.53% | 0.08x | 1.02x | $-15.65 Million |
Industry Comparison
This section compares TriLinc Global Impact Fund LLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TriLinc Global Impact Fund LLC (TRLC) | $273.36 Million | 4.94% | 0.03x | $41.78 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |