Economic Investment Trust Ltd (EVT) - Net Assets
Based on the latest financial reports, Economic Investment Trust Ltd (EVT) has net assets worth CA$1.52 Billion CAD (≈ $1.10 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.68 Billion ≈ $1.21 Billion USD) and total liabilities (CA$158.27 Million ≈ $114.49 Million USD). 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. Check tangible equity quality of Economic Investment Trust Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.52 Billion |
| % of Total Assets | 90.56% |
| Annual Growth Rate | 7.47% |
| 5-Year Change | 38.35% |
| 10-Year Change | 95.67% |
| Growth Volatility | 8.83 |
Economic Investment Trust Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Economic Investment Trust Ltd's net assets have evolved over time, based on quarterly financial data. See Economic Investment Trust Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Economic Investment Trust Ltd (2014–2025)
The table below shows the annual net assets of Economic Investment Trust Ltd from 2014 to 2025. For live valuation and market cap data, see EVT market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$1.52 Billion ≈ $1.10 Billion |
+14.96% |
| 2024-12-31 | CA$1.32 Billion ≈ $955.91 Million |
+19.32% |
| 2023-12-31 | CA$1.11 Billion ≈ $801.14 Million |
+9.78% |
| 2022-12-31 | CA$1.01 Billion ≈ $729.81 Million |
-8.12% |
| 2021-12-31 | CA$1.10 Billion ≈ $794.34 Million |
+19.88% |
| 2020-12-31 | CA$915.99 Million ≈ $662.61 Million |
+1.37% |
| 2019-12-31 | CA$903.62 Million ≈ $653.66 Million |
+12.59% |
| 2018-12-31 | CA$802.57 Million ≈ $580.57 Million |
-5.96% |
| 2017-12-31 | CA$853.47 Million ≈ $617.39 Million |
+9.93% |
| 2016-12-31 | CA$776.40 Million ≈ $561.64 Million |
+4.26% |
| 2015-12-31 | CA$744.71 Million ≈ $538.71 Million |
+8.32% |
| 2014-12-31 | CA$687.49 Million ≈ $497.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Economic Investment Trust Ltd'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 174.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$1.32 Billion | 86.99% |
| Common Stock | CA$197.60 Million | 13.01% |
| Total Equity | CA$1.52 Billion | 100.00% |
Economic Investment Trust Ltd Competitors by Market Cap
The table below lists competitors of Economic Investment Trust Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Frontier Energy Ltd
AU:FHE
|
$95.53 Million |
|
Western Asset Investment Grade Defined Opportunity Closed Fund
NYSE:IGI
|
$95.54 Million |
|
Immunoprecise Antibodies Ltd
NASDAQ:IPA
|
$95.54 Million |
|
Tethys Petroleum Ltd
V:TPL
|
$95.55 Million |
|
Feng Ching Metal
TWO:2061
|
$95.45 Million |
|
Pollux Investasi Internasional Tbk PT
JK:POLI
|
$95.43 Million |
|
Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS
IS:BRLSM
|
$95.42 Million |
|
Tembo Global Industries Limited
NSE:TEMBO
|
$95.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Economic Investment Trust Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,321,444,000 to 1,519,173,000, a change of 197,729,000 (15.0%).
- Net income of 350,630,000 contributed positively to equity growth.
- Dividend payments of 152,735,000 reduced retained earnings.
- Share repurchases of 166,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$350.63 Million | +23.08% |
| Dividends Paid | CA$152.74 Million | -10.05% |
| Share Repurchases | CA$166.00K | -0.01% |
| Total Change | CA$- | 14.96% |
Book Value vs Market Value Analysis
This analysis compares Economic Investment Trust Ltd'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: 0.84x
- 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 0.17x to 0.84x 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 | CA$138.26 | CA$23.50 | x |
| 2017-12-31 | CA$151.98 | CA$23.50 | x |
| 2018-12-31 | CA$142.92 | CA$23.50 | x |
| 2019-12-31 | CA$160.91 | CA$23.50 | x |
| 2020-12-31 | CA$163.93 | CA$23.50 | x |
| 2021-12-31 | CA$196.60 | CA$23.50 | x |
| 2022-12-31 | CA$184.62 | CA$23.50 | x |
| 2023-12-31 | CA$20.41 | CA$23.50 | x |
| 2024-12-31 | CA$24.37 | CA$23.50 | x |
| 2025-12-31 | CA$28.02 | CA$23.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Economic Investment Trust Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 88.48%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.10x
- Recent ROE (23.08%) is above the historical average (9.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 4.40% | 82.18% | 0.05x | 1.08x | CA$-38.49 Million |
| 2015 | 8.71% | 82.90% | 0.10x | 1.09x | CA$-9.62 Million |
| 2016 | 5.13% | 81.60% | 0.06x | 1.09x | CA$-37.80 Million |
| 2017 | 10.70% | 84.03% | 0.12x | 1.09x | CA$5.99 Million |
| 2018 | -4.94% | 0.00% | -0.05x | 1.09x | CA$-119.93 Million |
| 2019 | 12.56% | 84.49% | 0.14x | 1.09x | CA$23.15 Million |
| 2020 | 3.29% | 84.79% | 0.04x | 1.08x | CA$-61.50 Million |
| 2021 | 19.29% | 87.76% | 0.20x | 1.09x | CA$102.00 Million |
| 2022 | -1.73% | 0.00% | -0.02x | 1.09x | CA$-118.35 Million |
| 2023 | 12.44% | 84.85% | 0.14x | 1.08x | CA$27.06 Million |
| 2024 | 20.65% | 88.00% | 0.21x | 1.09x | CA$140.75 Million |
| 2025 | 23.08% | 88.48% | 0.24x | 1.10x | CA$198.71 Million |
Industry Comparison
This section compares Economic Investment Trust Ltd'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 |
|---|---|---|---|---|
| Economic Investment Trust Ltd (EVT) | CA$1.52 Billion | 4.40% | 0.10x | $95.46 Million |
| Filament Health Corp (FH) | $16.55 Million | -55.90% | 0.08x | $1.89 Million |
| Quorum Information Technologies Inc (QIS) | $14.92 Million | -4.19% | 0.18x | $42.09 Million |
About Economic Investment Trust Ltd
Economic Investment Trust Limited is a closed-ended equity mutual fund launched and managed by Burgundy Asset Management Ltd. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P/TSX Composite Index, MSCI World Index, and S&P 500 Index. Econom… Read more