ASSURED GUARANTY (DHU.SG)
ASSURED GUARANTY (DHU.SG) operates in Diversified Metals & Mining.
ASSURED GUARANTY (DHU.SG) (DHU) - Net Assets
Latest net assets as of September 2024: €5.78 Billion EUR
Based on the latest financial reports, ASSURED GUARANTY (DHU.SG) (DHU) has net assets worth €5.78 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€12.29 Billion) and total liabilities (€6.51 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 | €5.78 Billion |
| % of Total Assets | 47.04% |
| Annual Growth Rate | -1.71% |
| 5-Year Change | -13.24% |
| 10-Year Change | N/A |
| Growth Volatility | 8.18 |
ASSURED GUARANTY (DHU.SG) - Net Assets Trend (2016–2023)
This chart illustrates how ASSURED GUARANTY (DHU.SG)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ASSURED GUARANTY (DHU.SG) (2016–2023)
The table below shows the annual net assets of ASSURED GUARANTY (DHU.SG) from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €5.76 Billion | +8.94% |
| 2022-12-31 | €5.29 Billion | -18.58% |
| 2021-12-31 | €6.50 Billion | -3.06% |
| 2020-12-31 | €6.71 Billion | +0.90% |
| 2019-12-31 | €6.64 Billion | +1.37% |
| 2018-12-31 | €6.55 Billion | -4.15% |
| 2017-12-31 | €6.84 Billion | +5.15% |
| 2016-12-31 | €6.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ASSURED GUARANTY (DHU.SG)'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 14.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €6.07 Billion | 106.25% |
| Total Equity | €5.71 Billion | 100.00% |
ASSURED GUARANTY (DHU.SG) Competitors by Market Cap
The table below lists competitors of ASSURED GUARANTY (DHU.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yolo SA
WAR:YOL
|
$688.41K |
|
Leju Holdings Limited
NYSE:LEJUY
|
$689.20K |
|
Razor Labs Ltd
TA:RZR
|
$689.26K |
|
EDWARDS LIFESCNS
BE:EWL
|
$689.41K |
|
290560
KQ:290560
|
$687.39K |
|
Digital Currency X Technology Inc.
NASDAQ:DCX
|
$686.79K |
|
EOH Holdings Limited
JSE:EOH
|
$686.74K |
|
IMMOTION GRP LS-0004010
F:6XK
|
$685.97K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ASSURED GUARANTY (DHU.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 5,064,000,000 to 5,713,000,000, a change of 649,000,000 (12.8%).
- Net income of 739,000,000 contributed positively to equity growth.
- Dividend payments of 67,000,000 reduced retained earnings.
- Share repurchases of 199,000,000 reduced equity.
- Other factors increased equity by 176,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €739.00 Million | +12.94% |
| Dividends Paid | €67.00 Million | -1.17% |
| Share Repurchases | €199.00 Million | -3.48% |
| Other Changes | €176.00 Million | +3.08% |
| Total Change | €- | 12.82% |
Book Value vs Market Value Analysis
This analysis compares ASSURED GUARANTY (DHU.SG)'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: 0.71x
- 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 1.22x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €58.95 | €72.00 | x |
| 2018-12-31 | €63.23 | €72.00 | x |
| 2019-12-31 | €71.18 | €72.00 | x |
| 2020-12-31 | €85.66 | €72.00 | x |
| 2021-12-31 | €93.19 | €72.00 | x |
| 2022-12-31 | €85.81 | €72.00 | x |
| 2023-12-31 | €101.62 | €72.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ASSURED GUARANTY (DHU.SG) 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): 12.94%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 72.81%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.19x
- Recent ROE (12.94%) is above the historical average (8.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 13.55% | 63.84% | 0.10x | 2.18x | €230.60 Million |
| 2017 | 10.67% | 44.22% | 0.11x | 2.11x | €46.10 Million |
| 2018 | 7.95% | 52.73% | 0.07x | 2.08x | €-134.50 Million |
| 2019 | 6.06% | 43.65% | 0.06x | 2.16x | €-261.90 Million |
| 2020 | 5.45% | 33.39% | 0.07x | 2.31x | €-302.30 Million |
| 2021 | 6.18% | 55.73% | 0.04x | 2.89x | €-240.20 Million |
| 2022 | 2.45% | 18.13% | 0.04x | 3.33x | €-382.40 Million |
| 2023 | 12.94% | 72.81% | 0.08x | 2.19x | €167.70 Million |
Industry Comparison
This section compares ASSURED GUARANTY (DHU.SG)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ASSURED GUARANTY (DHU.SG) (DHU) | €5.78 Billion | 13.55% | 1.13x | $687.40K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |