Rigsave S.P.A. (H68) - Net Assets
Based on the latest financial reports, Rigsave S.P.A. (H68) has net assets worth €22.35 Million EUR (≈ $26.12 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€74.28 Million ≈ $86.84 Million USD) and total liabilities (€51.93 Million ≈ $60.72 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. Read total liabilities of Rigsave S.P.A. for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €22.35 Million |
| % of Total Assets | 30.08% |
| Annual Growth Rate | 7.31% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Rigsave S.P.A. - Net Assets Trend (2022–2023)
This chart illustrates how Rigsave S.P.A.'s net assets have evolved over time, based on quarterly financial data. Also explore Rigsave S.P.A. asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Rigsave S.P.A. (2022–2023)
The table below shows the annual net assets of Rigsave S.P.A. from 2022 to 2023. For live valuation and market cap data, see Rigsave S.P.A. (H68) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €35.77 Million ≈ $41.82 Million |
+7.31% |
| 2022-12-31 | €33.33 Million ≈ $38.97 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Rigsave S.P.A.'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 59267900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €37.56 Million | 105.11% |
| Total Equity | €35.74 Million | 100.00% |
Rigsave S.P.A. Competitors by Market Cap
The table below lists competitors of Rigsave S.P.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vantage Corp
NYSE MKT:VNTG
|
$9.36 Million |
|
Micronet Ltd
TA:MCRNT
|
$9.37 Million |
|
Aprea Therapeutics Inc
NASDAQ:APRE
|
$9.37 Million |
|
Seacera Group Bhd
KLSE:7073
|
$9.37 Million |
|
GlobalData PLC
LSE:DATA
|
$9.36 Million |
|
ReShape Lifesciences Inc
NASDAQ:RSLS
|
$9.35 Million |
|
California Nanotechnologies Corp
V:CNO
|
$9.35 Million |
|
Enduro Metals Corp
V:ENDR
|
$9.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rigsave S.P.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 33,302,758 to 35,737,267, a change of 2,434,509 (7.3%).
- Net loss of 592,149 reduced equity.
- New share issuances of 1,979,262 increased equity.
- Other factors increased equity by 1,047,396.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-592.15K | -1.66% |
| Share Issuances | €1.98 Million | +5.54% |
| Other Changes | €1.05 Million | +2.93% |
| Total Change | €- | 7.31% |
Book Value vs Market Value Analysis
This analysis compares Rigsave S.P.A.'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: 0.24x
- 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 |
|---|---|---|---|
| 2022-12-31 | €12.84 | €3.25 | x |
| 2023-12-31 | €13.78 | €3.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rigsave S.P.A. 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): -1.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -66.16%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.37x
- Recent ROE (-1.66%) is below the historical average (-1.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -1.32% | -43.25% | 0.02x | 1.38x | €-3.77 Million |
| 2023 | -1.66% | -66.16% | 0.02x | 1.37x | €-4.17 Million |
Industry Comparison
This section compares Rigsave S.P.A.'s net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,222,611,667
- Average return on equity (ROE) among peers: 5.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rigsave S.P.A. (H68) | €22.35 Million | -1.32% | 2.32x | $9.36 Million |
| Acadian Asset Management Inc (AAMI) | $84.00 Million | 95.24% | 7.06x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $2.07 Billion | 13.23% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $79.50 Million | 27.37% | 0.59x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $962.54 Million | 12.37% | 1.41x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $6.55 Billion | 54.41% | 28.15x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $611.58 Million | 16.58% | 4.02x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $132.30 Million | 18.75% | 3.39x | $2.65 Billion |
About Rigsave S.P.A.
Rigsave S.P.A., through its subsidiaries, engages in the provision of various financial services. The company was founded in 2014 and is based in Brescia, Italy.