Venator Materials PLC
Venator Materials PLC, together with its subsidiaries, manufactures and markets chemical products in the United Kingdom and internationally. It operates in two segments, Titanium Dioxide and Performance Additives. The Titanium Dioxide segment offers titanium dioxide (TiO2), such as rutile, anatase, and ultrafine TiO2 products for use in coatings, printing inks, PVC window frames, plastic masterba… Read more
Venator Materials PLC (VNTRF) - Net Assets
Latest net assets as of March 2023: $164.00 Million USD
Based on the latest financial reports, Venator Materials PLC (VNTRF) has net assets worth $164.00 Million USD as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.86 Billion) and total liabilities ($1.70 Billion). 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 | $164.00 Million |
| % of Total Assets | 8.79% |
| Annual Growth Rate | 12.79% |
| 5-Year Change | -38.93% |
| 10-Year Change | N/A |
| Growth Volatility | 188.99 |
Venator Materials PLC - Net Assets Trend (2016–2023)
This chart illustrates how Venator Materials 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 Venator Materials PLC (2016–2023)
The table below shows the annual net assets of Venator Materials PLC from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $411.00 Million | +32.58% |
| 2022-12-31 | $310.00 Million | -45.42% |
| 2021-12-31 | $568.00 Million | -8.97% |
| 2020-12-31 | $624.00 Million | -7.28% |
| 2019-12-31 | $673.00 Million | -21.29% |
| 2018-12-31 | $855.00 Million | -22.62% |
| 2017-12-31 | $1.10 Billion | +524.29% |
| 2016-12-31 | $177.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Venator Materials 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 decreased by 68700000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.09 Billion | 269.63% |
| Total Equity | $405.00 Million | 100.00% |
Venator Materials PLC Competitors by Market Cap
The table below lists competitors of Venator Materials PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aytu BioScience Inc
NASDAQ:AYTU
|
$19.64 Million |
|
Intergis
KO:129260
|
$19.64 Million |
|
Jameson Resources Ltd
AU:JAL
|
$19.66 Million |
|
Sastasundar Ventures Limited
NSE:SASTASUNDR
|
$19.66 Million |
|
Takarék Jelzálogbank Nyrt
F:FH21
|
$19.64 Million |
|
Ogunsen AB Series B
ST:OGUN-B
|
$19.63 Million |
|
SAN LEON ENERGY EO -01
F:SZX1
|
$19.63 Million |
|
Organto Foods Inc
PINK:OGOFF
|
$19.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Venator Materials PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 306,000,000 to 405,000,000, a change of 99,000,000 (32.4%).
- Net income of 198,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 391,000,000.
- Other factors decreased equity by 490,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $198.00 Million | +48.89% |
| Other Comprehensive Income | $391.00 Million | +96.54% |
| Other Changes | $-490.00 Million | -120.99% |
| Total Change | $- | 32.35% |
Book Value vs Market Value Analysis
This analysis compares Venator Materials 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.
Valuation Insights
- Current price-to-book ratio: 0.48x
- 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 increased from 0.00x to 0.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $213465.12 | $250.00 | x |
| 2017-12-31 | $1416632.17 | $250.00 | x |
| 2018-12-31 | $1094753.71 | $250.00 | x |
| 2019-12-31 | $859998.45 | $250.00 | x |
| 2020-12-31 | $796525.19 | $250.00 | x |
| 2021-12-31 | $722248.59 | $250.00 | x |
| 2022-12-31 | $390007.65 | $250.00 | x |
| 2023-12-31 | $515.99 | $250.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Venator Materials 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): 48.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.72%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 2.85x
- Recent ROE (48.89%) is above the historical average (-16.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -52.73% | -4.07% | 0.80x | 16.13x | $-103.50 Million |
| 2017 | 12.24% | 6.07% | 0.78x | 2.60x | $24.50 Million |
| 2018 | -19.24% | -7.20% | 0.91x | 2.93x | $-247.70 Million |
| 2019 | -26.28% | -8.22% | 0.94x | 3.40x | $-241.60 Million |
| 2020 | -18.12% | -5.78% | 0.82x | 3.81x | $-173.80 Million |
| 2021 | -13.68% | -3.48% | 0.94x | 4.20x | $-133.30 Million |
| 2022 | -61.44% | -8.65% | 1.05x | 6.76x | $-218.60 Million |
| 2023 | 48.89% | 12.72% | 1.35x | 2.85x | $157.50 Million |
Industry Comparison
This section compares Venator Materials PLC's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Venator Materials PLC (VNTRF) | $164.00 Million | -52.73% | 10.37x | $19.64 Million |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |