Urbana Corporation
Urbana Corporation is an investment fund launched and managed by Caldwell Investment Management Ltd. For its equity investment the fund primarily invests in public equity markets of United States and Canada. The fund primarily focuses on U.S. financial companies and Canadian resource companies for equity investments. The fund also focuses on private equity investments. It was formerly known as Ma… Read more
Urbana Corporation (URNAF) - Net Assets
Latest net assets as of September 2025: $517.38 Million USD
Based on the latest financial reports, Urbana Corporation (URNAF) has net assets worth $517.38 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 ($586.67 Million) and total liabilities ($69.29 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 | $517.38 Million |
| % of Total Assets | 88.19% |
| Annual Growth Rate | 26.58% |
| 5-Year Change | 89.18% |
| 10-Year Change | 153.38% |
| Growth Volatility | 186.29 |
Urbana Corporation - Net Assets Trend (1999–2024)
This chart illustrates how Urbana Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Urbana Corporation (1999–2024)
The table below shows the annual net assets of Urbana Corporation from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $471.39 Million | +25.85% |
| 2023-12-31 | $374.57 Million | +20.98% |
| 2022-12-31 | $309.60 Million | +2.81% |
| 2021-12-31 | $301.14 Million | +20.86% |
| 2020-12-31 | $249.17 Million | -1.72% |
| 2019-12-31 | $253.53 Million | +22.22% |
| 2018-12-31 | $207.43 Million | -17.45% |
| 2017-12-31 | $251.29 Million | +6.17% |
| 2016-12-31 | $236.68 Million | +27.22% |
| 2015-12-31 | $186.04 Million | -0.58% |
| 2014-12-31 | $187.14 Million | +7.02% |
| 2013-12-31 | $174.85 Million | +35.47% |
| 2012-12-31 | $129.07 Million | -5.58% |
| 2011-12-31 | $136.70 Million | -15.90% |
| 2010-12-31 | $162.54 Million | -14.48% |
| 2009-12-31 | $190.06 Million | +8.24% |
| 2008-12-31 | $175.60 Million | -37.21% |
| 2007-12-31 | $279.66 Million | +938.98% |
| 2006-12-31 | $26.92 Million | +137.47% |
| 2005-12-31 | $11.33 Million | +76.61% |
| 2004-12-31 | $6.42 Million | +204.68% |
| 2003-12-31 | $2.11 Million | +53.33% |
| 2002-12-31 | $1.37 Million | -5.38% |
| 2001-12-31 | $1.45 Million | +8.30% |
| 2000-12-31 | $1.34 Million | +3.13% |
| 1999-12-31 | $1.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Urbana Corporation'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 30698114300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $305.98 Million | 64.91% |
| Common Stock | $98.76 Million | 20.95% |
| Other Components | $66.65 Million | 14.14% |
| Total Equity | $471.39 Million | 100.00% |
Urbana Corporation Competitors by Market Cap
The table below lists competitors of Urbana Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AGROKULTURA
BE:9AA
|
$40.62K |
|
Terra Innovatum Global N.V. Ordinary shares
NASDAQ:NKLR
|
$40.62K |
|
Sahara Energy Ltd
PINK:SAHRF
|
$40.72K |
|
INAPA NAM.
F:IPB
|
$40.73K |
|
MEMSCAP (MSBA.SG)
STU:MSBA
|
$40.59K |
|
CYXONE AB SK-75
F:4CX
|
$40.46K |
|
LOGG3F
SA:LOGG3F
|
$40.42K |
|
G-Tec Jainx Education Limited
NSE:GTECJAINX
|
$40.32K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Urbana Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 374,571,272 to 471,390,794, a change of 96,819,522 (25.8%).
- Net income of 101,786,960 contributed positively to equity growth.
- Dividend payments of 4,967,438 reduced retained earnings.
- Other comprehensive income decreased equity by 374,571,272.
- Other factors increased equity by 374,571,272.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $101.79 Million | +21.59% |
| Dividends Paid | $4.97 Million | -1.05% |
| Other Comprehensive Income | $-374.57 Million | -79.46% |
| Other Changes | $374.57 Million | +79.46% |
| Total Change | $- | 25.85% |
Book Value vs Market Value Analysis
This analysis compares Urbana Corporation'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: 0.38x
- 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 15.61x to 0.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $0.28 | $4.37 | x |
| 1998-12-31 | $0.28 | $4.37 | x |
| 1999-12-31 | $0.96 | $4.37 | x |
| 2000-12-31 | $0.61 | $4.37 | x |
| 2001-12-31 | $0.64 | $4.37 | x |
| 2002-12-31 | $0.60 | $4.37 | x |
| 2003-12-31 | $0.92 | $4.37 | x |
| 2004-12-31 | $1.21 | $4.37 | x |
| 2005-12-31 | $1.26 | $4.37 | x |
| 2006-12-31 | $2.88 | $4.37 | x |
| 2007-12-31 | $6.28 | $4.37 | x |
| 2008-12-31 | $2.03 | $4.37 | x |
| 2009-12-31 | $2.19 | $4.37 | x |
| 2010-12-31 | $1.73 | $4.37 | x |
| 2011-12-31 | $1.63 | $4.37 | x |
| 2012-12-31 | $1.81 | $4.37 | x |
| 2013-12-31 | $2.68 | $4.37 | x |
| 2014-12-31 | $3.15 | $4.37 | x |
| 2015-12-31 | $3.36 | $4.37 | x |
| 2016-12-31 | $4.46 | $4.37 | x |
| 2017-12-31 | $4.98 | $4.37 | x |
| 2018-12-31 | $4.15 | $4.37 | x |
| 2019-12-31 | $5.08 | $4.37 | x |
| 2020-12-31 | $5.20 | $4.37 | x |
| 2021-12-31 | $6.87 | $4.37 | x |
| 2022-12-31 | $7.36 | $4.37 | x |
| 2023-12-31 | $9.05 | $4.37 | x |
| 2024-12-31 | $11.39 | $4.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Urbana Corporation 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): 21.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 84.96%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.10x
- Recent ROE (21.59%) is above the historical average (9.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 14.29% | 100.00% | 0.14x | 1.00x | $30.00K |
| 1999 | 23.40% | 148.96% | 0.15x | 1.02x | $174.23K |
| 2000 | 2.86% | 21.78% | 0.13x | 1.00x | $-95.73K |
| 2001 | 19.68% | 74.98% | 0.26x | 1.02x | $140.56K |
| 2002 | -6.14% | -251.77% | 0.01x | 1.74x | $-221.76K |
| 2003 | 42.95% | 0.00% | 0.00x | 1.67x | $694.06K |
| 2004 | -0.86% | -10.47% | 0.07x | 1.22x | $-696.94K |
| 2005 | 43.38% | 2382.49% | 0.02x | 1.19x | $3.78 Million |
| 2006 | 50.83% | 2379.33% | 0.02x | 1.19x | $10.99 Million |
| 2007 | 4.81% | 539.29% | 0.01x | 1.12x | $-13.65 Million |
| 2008 | -65.59% | -6780.88% | 0.01x | 1.18x | $-119.74 Million |
| 2009 | -0.78% | -43.94% | 0.02x | 1.09x | $-18.83 Million |
| 2010 | -12.43% | -988.26% | 0.01x | 1.19x | $-33.21 Million |
| 2011 | -10.73% | 0.00% | -0.03x | 1.19x | $-26.26 Million |
| 2012 | 5.66% | 52.65% | 0.10x | 1.11x | $-5.60 Million |
| 2013 | 33.69% | 99.13% | 0.31x | 1.10x | $41.42 Million |
| 2014 | 11.15% | 82.14% | 0.13x | 1.04x | $2.15 Million |
| 2015 | 5.55% | 79.82% | 0.07x | 1.05x | $-8.29 Million |
| 2016 | 22.97% | 85.35% | 0.24x | 1.10x | $30.71 Million |
| 2017 | 11.46% | 84.03% | 0.13x | 1.06x | $3.68 Million |
| 2018 | -18.73% | 0.00% | -0.20x | 1.04x | $-59.60 Million |
| 2019 | 20.02% | 86.67% | 0.20x | 1.15x | $25.39 Million |
| 2020 | 5.25% | 81.77% | 0.06x | 1.16x | $-11.83 Million |
| 2021 | 19.92% | 86.07% | 0.20x | 1.16x | $29.88 Million |
| 2022 | 6.11% | 80.70% | 0.06x | 1.19x | $-12.04 Million |
| 2023 | 18.56% | 84.88% | 0.18x | 1.20x | $32.07 Million |
| 2024 | 21.59% | 84.96% | 0.23x | 1.10x | $54.65 Million |
Industry Comparison
This section compares Urbana Corporation'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 |
|---|---|---|---|---|
| Urbana Corporation (URNAF) | $517.38 Million | 14.29% | 0.13x | $40.60K |
| 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 |