Balance Sheet HgCapital Trust plc

Equities

HGT

GB00BJ0LT190

Investment Trusts

Market Closed - London S.E. Other stock markets 11:35:04 2024-09-13 am EDT			5-day change	1st Jan Change
511.00 ^GBX	+0.59%		+0.79%	+17.61%

Sep. 04	HgCapital announces new Hg investment in Ncontracts	AN
Sep. 03	Berenberg raises Hikma Pharmaceuticals to 'buy'	AN

3debbb343ce14f87f6a358.FWyortcyE0tt76On9g0FxsuX4Q8l9qUmTpCm4-Kpwjs.ISfE5YBFfyAImuDLkj1tjYTWjjdVmZ1uKOPhqrTahFdcGNzkkGZFMkCG7g

Published financial data: HGCAPITAL TRUST PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Gain (Loss) on Sale of Investment, Total (Rev)	161M	233M	566M	95.68M	210M
Interest And Invest. Income (Rev)	15.55M	24.68M	47.43M	41.76M	45.62M
Total Revenues	177M	258M	614M	137M	256M
Gross Profit	177M	258M	614M	137M	256M
Selling General & Admin Expenses, Total	2.31M	3.74M	4.16M	5.49M	7.02M
Other Operating Expenses, Total	2.31M	3.74M	4.16M	5.49M	7.02M
Operating Income	175M	254M	609M	132M	249M
Interest Expense, Total	-	-2.31M	-2.82M	-7.02M	-2.11M
Net Interest Expenses	-	-2.31M	-2.82M	-7.02M	-2.11M
Other Non Operating Income (Expenses)	2.95M	-5M	-11.64M	-17.44M	-16.32M
EBT, Excl. Unusual Items	178M	247M	595M	107M	231M
EBT, Incl. Unusual Items	178M	247M	595M	107M	231M
Income Tax Expense	80K	2K	-192K	-	-
Earnings From Continuing Operations	177M	247M	595M	107M	231M
Net Income to Company	177M	247M	595M	107M	231M
Net Income - (IS)	177M	247M	595M	107M	231M
Net Income to Common Incl Extra Items	177M	247M	595M	107M	231M
Net Income to Common Excl. Extra Items	177M	247M	595M	107M	231M
Per Share Items
Net EPS - Basic	0.46	0.6	1.37	0.24	0.5
Basic EPS - Continuing Operations	0.46	0.6	1.37	0.24	0.5
Basic Weighted Average Shares Outstanding	388M	409M	434M	457M	458M
Net EPS - Diluted	0.46	0.6	1.37	0.24	0.5
Diluted EPS - Continuing Operations	0.46	0.6	1.37	0.24	0.5
Diluted Weighted Average Shares Outstanding	388M	409M	434M	457M	458M
Normalized Basic EPS	0.29	0.38	0.86	0.15	0.31
Normalized Diluted EPS	0.29	0.38	0.86	0.15	0.31
Dividend Per Share	0.05	0.05	0.07	0.07	0.06
Payout Ratio	10.39	8.26	3.64	31.83	12.91
Supplemental Items
EBITA	175M	254M	609M	132M	249M
EBIT	175M	254M	609M	132M	249M
Effective Tax Rate - (Ratio)	0.04	0	-0.03	-	-
Total Current Taxes	-24K	2K	-192K	-	-
Total Deferred Taxes	104K	-	-	-	-
Normalized Net Income	111M	154M	372M	67.18M	144M
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
General and Administrative Expenses	2.31M	3.74M	4.16M	5.49M	7.02M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	4.56M	21.65M	94.28M	52.32M	51.6M
Trading Asset Securities, Total	185M	166M	277M	271M	224M
Total Cash And Short Term Investments	189M	188M	371M	323M	275M
Accounts Receivable, Total	54.27M	70.95M	102M	134M	131M
Other Receivables	6.94M	-	-	-	89.5M
Total Receivables	61.2M	70.95M	102M	134M	220M
Prepaid Expenses	2.02M	9.53M	8.09M	22.63M	14.97M
Deferred Tax Assets Current	-	-	-	-	-
Total Current Assets	253M	268M	482M	479M	511M
Long-term Investments	788M	1.02B	1.68B	1.75B	1.78B
Total Assets	1.04B	1.29B	2.16B	2.23B	2.29B
Liabilities
Accounts Payable, Total	-	-	-	-	-
Accrued Expenses, Total	1.23M	1.17M	2.89M	4.34M	3.88M
Short-term Borrowings	-	-	-	-	-
Current Income Taxes Payable	-	-	-	-	-
Total Current Liabilities	1.23M	1.17M	2.89M	4.34M	3.88M
Long-Term Debt	-	-	151M	137M	-
Total Liabilities	1.23M	1.17M	154M	142M	3.88M
Common Stock, Total	10.19M	10.4M	11.38M	11.44M	11.44M
Additional Paid In Capital	195M	220M	360M	372M	372M
Retained Earnings	833M	1.06B	1.63B	1.71B	1.91B
Comprehensive Income and Other	1.25M	1.25M	1.25M	1.26M	1.26M
Total Common Equity	1.04B	1.29B	2.01B	2.09B	2.29B
Total Equity	1.04B	1.29B	2.01B	2.09B	2.29B
Total Liabilities And Equity	1.04B	1.29B	2.16B	2.23B	2.29B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	407M	416M	455M	458M	458M
ECS Total Common Shares Outstanding	407M	416M	455M	458M	458M
Book Value / Share	2.55	3.1	4.41	4.57	5
Tangible Book Value	1.04B	1.29B	2.01B	2.09B	2.29B
Tangible Book Value Per Share	2.55	3.1	4.41	4.57	5
Total Debt	0	0	151M	137M	0
Net Debt	-189M	-188M	-220M	-186M	-275M
Account Code - Inventory Valuation	3	3	3	3	3

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	177M	247M	595M	107M	231M
(Gain) Loss on Sale of Investments - (CF)	-180M	-260M	-658M	-152M	-211M
Other Operating Activities, Total	-652K	-34.18M	-27.38M	-19.01M	105M
Change In Accounts Payable	288K	-61K	1.72M	1.46M	-461K
Change in Other Net Operating Assets	-2M	-21.4M	85.95M	-8.74M	999K
Cash from Operations	-4.66M	-69.04M	-2.09M	-70.62M	126M
Investment in Marketable and Equity Securities, Total	-49.56M	84.39M	-282M	-112M	49.05M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	90.18M	188M	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-49.56M	84.39M	-192M	75.89M	49.05M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	-	-	152M	139M	-
Total Debt Issued	-	-	152M	139M	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-152M	-137M
Total Debt Repaid	-	-	-	-152M	-137M
Issuance of Common Stock	75.26M	25.16M	141M	10.97M	-
Common Dividends Paid	-18.44M	-20.4M	-21.66M	-34.22M	-29.75M
Common & Preferred Stock Dividends Paid	-18.44M	-20.4M	-21.66M	-34.22M	-29.75M
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-1.48M	-3.02M	-5.09M	-10.28M	-8.19M
Cash from Financing	55.34M	1.74M	267M	-47.23M	-175M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	1.12M	17.09M	72.63M	-41.96M	-712K
Supplemental Items
Cash Interest Paid	1.51M	37.2M	32.47M	29.29M	22.14M
Cash Income Tax Paid (Refund)	-24K	2K	-192K	-	-
Levered Free Cash Flow	85.94M	140M	351M	33.63M	74.66M
Unlevered Free Cash Flow	85.94M	142M	353M	38.02M	75.97M
Change In Net Working Capital	23.2M	17.32M	28.06M	44.45M	79.62M
Net Debt Issued / Repaid	-	-	152M	-13.7M	-137M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	11.82	13.62	22.07	3.76	6.87
Return on Total Capital	11.84	13.64	22.09	3.76	6.89
Return On Equity %	19.25	21.19	36.1	5.25	10.52
Return on Common Equity	19.25	21.19	36.1	5.25	10.52
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	1.31	1.45	0.68	4	2.74
EBITA Margin %	98.69	98.55	99.32	96	97.26
EBIT Margin %	98.69	98.55	99.32	96	97.26
Income From Continuing Operations Margin %	100.31	95.72	97	78.21	90.06
Net Income Margin %	100.31	95.72	97	78.21	90.06
Net Avail. For Common Margin %	100.31	95.72	97	78.21	90.06
Normalized Net Income Margin	62.72	59.82	60.6	48.88	56.29
Levered Free Cash Flow Margin	48.57	54.32	57.22	24.47	29.17
Unlevered Free Cash Flow Margin	48.57	54.88	57.5	27.66	29.68
Asset Turnover
Asset Turnover	0.19	0.22	0.36	0.06	0.11
Short Term Liquidity
Current Ratio	205.13	229.12	166.87	110.3	131.5
Quick Ratio	203.49	220.98	164.06	105.09	127.65
Operating Cash Flow to Current Liabilities	-3.78	-59.01	-0.72	-16.25	32.34
Long Term Solvency
Total Debt/Equity	-	-	7.54	6.58	-
Total Debt / Total Capital	-	-	7.01	6.17	-
LT Debt/Equity	-	-	7.54	6.58	-
Long-Term Debt / Total Capital	-	-	7.01	6.17	-
Total Liabilities / Total Assets	0.12	0.09	7.13	6.35	0.17
EBIT / Interest Expense	-	110.17	216.48	18.8	118.21
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	59.52	45.82	137.81	-77.6	86.24
Gross Profit, 1 Yr. Growth %	59.52	45.82	137.81	-77.6	86.24
EBITA, 1 Yr. Growth %	59.78	45.61	139.67	-78.35	88.68
EBIT, 1 Yr. Growth %	59.78	45.61	139.67	-78.35	88.68
Earnings From Cont. Operations, 1 Yr. Growth %	75.51	39.13	140.99	-81.94	114.47
Net Income, 1 Yr. Growth %	75.51	39.13	140.99	-81.94	114.47
Normalized Net Income, 1 Yr. Growth %	75.17	39.07	140.91	-81.93	114.47
Diluted EPS Before Extra, 1 Yr. Growth %	68.72	32.16	127.08	-82.87	114.29
Accounts Receivable, 1 Yr. Growth %	37.27	30.75	43.99	30.7	-2.02
Total Assets, 1 Yr. Growth %	29.12	24.19	67.14	3.33	2.82
Tangible Book Value, 1 Yr. Growth %	29.11	24.22	55.36	4.2	9.61
Common Equity, 1 Yr. Growth %	29.11	24.22	55.36	4.2	9.61
Cash From Operations, 1 Yr. Growth %	-73.91	1.38K	-96.98	3.28K	6.32K
Levered Free Cash Flow, 1 Yr. Growth %	-13.42	63.08	150.47	-90.42	122.01
Unlevered Free Cash Flow, 1 Yr. Growth %	-13.42	64.76	149.16	-89.23	99.85
Dividend Per Share, 1 Yr. Growth %	4.35	4.17	40	0	-7.14
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	15.49	52.51	86.22	-27.02	-35.41
Gross Profit, 2 Yr. CAGR %	15.49	52.51	86.22	-27.02	-35.41
EBITA, 2 Yr. CAGR %	15.29	52.53	86.81	-27.96	-36.09
EBIT, 2 Yr. CAGR %	15.29	52.53	86.81	-27.96	-36.09
Earnings From Cont. Operations, 2 Yr. CAGR %	17.57	56.27	83.11	-34.03	-37.76
Net Income, 2 Yr. CAGR %	17.57	56.27	83.11	-34.03	-37.76
Normalized Net Income, 2 Yr. CAGR %	17.58	56.08	83.04	-34.03	-37.75
Diluted EPS Before Extra, 2 Yr. CAGR %	15.27	49.32	73.24	-37.63	-39.41
Accounts Receivable, 2 Yr. CAGR %	-12.64	33.97	37.21	37.19	13.17
Total Assets, 2 Yr. CAGR %	19.98	26.63	44.07	31.42	3.07
Tangible Book Value, 2 Yr. CAGR %	20.06	26.64	38.92	27.23	6.87
Common Equity, 2 Yr. CAGR %	20.06	26.64	38.92	27.23	6.87
Cash From Operations, 2 Yr. CAGR %	-34.9	96.67	-33.04	1.14	675.65
Levered Free Cash Flow, 2 Yr. CAGR %	5.79	18.83	102.11	-51.02	-53.88
Unlevered Free Cash Flow, 2 Yr. CAGR %	5.76	19.44	102.61	-48.19	-53.6
Dividend Per Share, 2 Yr. CAGR %	2.15	4.26	20.76	18.32	-3.64
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	20.95	24.82	76.85	-8.08	-0.26
Gross Profit, 3 Yr. CAGR %	20.95	24.82	76.85	-8.08	-0.26
EBITA, 3 Yr. CAGR %	20.85	24.62	77.33	-8.92	-0.7
EBIT, 3 Yr. CAGR %	20.85	24.62	77.33	-8.92	-0.7
Earnings From Cont. Operations, 3 Yr. CAGR %	20.81	24.36	80.54	-15.4	-2.27
Net Income, 3 Yr. CAGR %	20.81	24.36	80.54	-15.4	-2.27
Normalized Net Income, 3 Yr. CAGR %	20.6	24.34	80.38	-15.41	-2.27
Diluted EPS Before Extra, 3 Yr. CAGR %	19.23	20.65	71.72	-19.89	-5.89
Accounts Receivable, 3 Yr. CAGR %	-5.97	-0.07	37.23	35.01	22.63
Total Assets, 3 Yr. CAGR %	18.93	21.37	38.9	28.96	21.1
Tangible Book Value, 3 Yr. CAGR %	19.06	21.43	35.57	26.22	21.06
Common Equity, 3 Yr. CAGR %	19.06	21.43	35.57	26.22	21.06
Cash From Operations, 3 Yr. CAGR %	-40.19	84.52	-51.09	147.52	22.08
Levered Free Cash Flow, 3 Yr. CAGR %	12.74	22.21	52.36	-26.86	-18.94
Unlevered Free Cash Flow, 3 Yr. CAGR %	12.69	22.6	52.61	-23.81	-18.74
Dividend Per Share, 3 Yr. CAGR %	1.43	2.82	15.02	13.4	9.14
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	24.6	30.58	43.74	0.71	18.2
Gross Profit, 5 Yr. CAGR %	24.6	30.58	43.74	0.71	18.2
EBITA, 5 Yr. CAGR %	24.73	30.98	43.85	0.09	17.9
EBIT, 5 Yr. CAGR %	24.73	30.98	43.85	0.09	17.9
Earnings From Cont. Operations, 5 Yr. CAGR %	26.75	30.58	42.68	-3.5	17.91
Net Income, 5 Yr. CAGR %	26.75	30.58	42.68	-3.5	17.91
Normalized Net Income, 5 Yr. CAGR %	26.74	30.44	42.5	-3.5	17.86
Diluted EPS Before Extra, 5 Yr. CAGR %	25.76	28.23	38.45	-7.34	13.2
Accounts Receivable, 5 Yr. CAGR %	-0.02	2.03	9.37	13.43	27.05
Total Assets, 5 Yr. CAGR %	16.84	19.35	28.41	25.29	23.28
Tangible Book Value, 5 Yr. CAGR %	16.86	19.49	26.64	23.72	23.26