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Page: Company Financials

Abrdn World Healthcare Fund

Ticker: THW | Industry: Asset Management | Sector: Financial Services
$12.84 +0.05 (0.39%)
As of: 2026-01-23

Master Data Export

Enterprise Value

Metric MRQ MRQ-1 2024 2023 2022 2021 2020 2019 2018 2017 2016
Stock Price 11.53 13.27 13.16 12.73 14.05 15.76 12.86 13.20 13.24 14.46 14.36
Market Capitalization 446.53M 508.12M 503.60M 484.03M 525.77M 534.19M 387.54M 398.08M 405.29M 446.05M 445.53M
(-) Cash & Equivalents 0.01M 0.00M 0.02M 0.01M 0.00M 0.00M 0.69M 0.01M 0.01M 0.10M 0.00M
(+) Total Debt 120.00M 120.11M 120.06M 120.00M 120.00M 120.00M 120.00M 120.00M 120.00M 120.00M 91.25M
Enterprise Value 566.52M 628.23M 623.64M 604.03M 645.77M 654.19M 506.85M 518.07M 525.28M 565.95M 536.78M

Income Statement

Metric TTM TTM-1 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30 2017-09-30 2016-09-30 2015-09-30
Revenue 72M 95M 94M 46M 38M 87M 62M -9M 34M 28M 46M 1M
Cost of Revenue 13M 15M 0M 7M 8M 7M 6M 6M 9M 9M 7M 2M
Gross Profit 59M 80M 94M 39M 31M 79M 56M -16M 24M 19M 39M 0M
Gross Profit Margin 82.0% 84.3% 100.0% 85.1% 80.3% 91.8% 89.8% 166.2% 72.0% 68.5% 84.5% -23.8%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses -90M 0M 1M 1M 1M 1M 1M 1M 1M 1M 0M 0M
Operating Expenses -46M 54M 1M 1M 2M 1M 1M 1M 1M 1M 41M 0M
Operating Income (EBIT) 105M 26M 93M 38M 29M 78M 55M -17M 23M 18M -2M -1M
Operating Income Margin 144.8% 27.7% 98.8% 82.0% 76.1% 90.2% 87.8% 179.5% 67.9% 63.5% -3.5% -39.4%
Interest Income 0M 0M 4M 2M 2M 2M 3M 4M 4M 4M 0M 0M
Interest Expense 8M 6M 8M 7M 2M 1M 2M 4M 3M 2M 1M -45M
Net Interest Income -8M -6M -4M -4M 0M 1M 1M 0M 1M 2M -1M 45M
Unusual Items -46M 0M 4M 4M -92M 6M 6M 7M 9M 7M 6M -89M
EBT Excluding Unusual Items 97M 21M 90M 33M 29M 79M 55M -17M 23M 19M -3M 44M
Pre-Tax Income 51M 21M 93M 38M -63M 85M 61M -11M 32M 27M 3M -45M
Pre-Tax Margin 70.1% 21.6% 98.8% 81.8% -164.9% 98.4% 98.0% 113.3% 96.0% 94.9% 6.7% -3,302.3%
Income Tax Expense 0M 0M 0M 0M 0M 0M 0M 0M 58M 46M 0M 0M
Net Income 51M 21M 93M 38M -63M 85M 61M -11M 32M 27M -2M -45M
Net Income Margin 70.1% 21.6% 98.8% 81.8% -164.9% 98.4% 98.0% 113.3% 96.0% 94.9% -3.5% -3,302.3%
Depreciation & Amortization 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 1M -89M
EBITDA 105M 27M 93M 38M 29M 78M 55M -17M 23M 18M -1M -90M
EBITDA Margin 144.9% 28.1% 98.8% 82.1% 76.7% 90.5% 87.8% 177.7% 68.4% 63.7% -2.0% -6,565.2%
NOPAT 105M 26M 93M 38M 23M 78M 55M -13M -18M -13M -2M 0M
NOPAT Margin 144.8% 27.7% 98.8% 82.0% 60.1% 90.2% 87.8% 141.8% -53.0% -46.2% -3.5% -31.2%
Owner's Earnings 51M 21M 93M 38M -63M 85M 61M -10M 32M 27M -1M -134M
Owner's Earnings Margin 70.2% 22.0% 98.8% 81.9% -164.3% 98.7% 98.0% 111.5% 96.4% 95.1% -2.0% -9,828.1%
EPS (Basic) 1.34 0.53 2.44 1.01 -1.67 2.29 2.02 -0.35 1.07 0.86 -0.05 -1.45
EPS (Diluted) 1.33 0.55 2.44 1.01 -1.67 2.29 2.02 -0.35 1.07 0.86 -0.05 -1.45
Shares (Basic) 38M 38M 38M 37M 38M 37M 30M 30M 30M 31M 31M 31M
Shares (Diluted) 38M 38M 38M 37M 38M 37M 30M 30M 30M 31M 31M 31M

Balance Sheet

Metric MRQ MRQ-1 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30 2017-09-30 2016-09-30 2015-09-30
Cash & Cash Equivalents 0.01M 0.00M 0.00M 0.00M 0.00M 0.00M 1.38M 0.00M 0.00M 0.00M 0.01M 0.47M
Short-Term Investments 5.26M 31.57M 31.57M 19.87M 18.60M 34.64M -1.38M 5.20M 30.00M 0.00M 20.06M 0.00M
Cash & Short-Term Investments 5.27M 31.57M 31.57M 19.87M 18.60M 34.64M 0.00M 5.20M 30.00M 0.00M 20.07M 0.47M
Net Receivables 6.69M 1.70M 1.70M 2.62M 3.09M 2.76M 2.48M 2.34M 51.87M 2.11M 2.16M 1.41M
Inventory 0.00M 0.00M 0.00M 22.49M 0.00M 0.00M 0.00M 14.73M 95.60M 19.26M 0.00M 0.00M
Other Current Assets -11.96M -2.04M -2.04M -22.49M 0.00M 0.00M 0.00M -2.34M -95.60M -19.26M -22.23M 0.00M
Total Current Assets 0.00M 31.22M 31.22M 22.49M 21.68M 37.41M 2.48M 19.93M 81.87M 2.11M 0.00M 1.88M
Property, Plant & Equipment 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Investments 0.00M 610.62M 610.62M 0.10M 579.59M 711.36M 544.22M 522.90M 539.98M 599.87M 611.58M 557.75M
Tax Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets 0.00M 0.00M 0.00M 566.69M 0.00M 0.00M 0.00M 0.00M -539.98M -599.87M 20.06M -557.75M
Other Assets 570.62M -27.91M -27.91M 0.32M 0.26M 0.06M 548.12M 0.05M 0.06M 0.06M 0.18M 5.79M
Total Non-Current Assets 570.62M 582.71M 582.71M 567.11M 579.85M 711.41M 1,092.35M 522.95M 0.06M 0.06M 631.82M 5.79M
Total Assets 570.62M 613.94M 613.94M 589.61M 601.53M 748.82M 1,094.82M 542.88M 81.93M 2.17M 631.82M 7.67M
Accounts Payable 0.00M 0.52M 0.52M 1.58M 0.76M 22.37M 0.21M 1.84M 37.22M 0.81M 0.00M 21.86M
Short-Term Debt 120.00M 120.11M 120.11M 120.00M 120.00M 120.00M 120.00M 0.00M 0.00M 0.00M 120.00M 0.00M
Tax Payables 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M -119.24M -97.63M -119.79M -118.16M -120.00M -120.00M -120.00M 0.00M
Other Current Liabilities -120.00M -120.29M -120.81M -120.00M -6.25M -26.98M -0.23M 118.16M 82.78M 119.19M 2.36M -21.86M
Total Current Liabilities 0.00M 0.34M -0.18M 1.58M -4.74M 17.75M 0.20M 1.84M 0.00M 0.00M 2.36M 0.00M
Long-Term Debt 0.00M 121.45M 121.45M 120.00M 120.00M 120.00M 0.00M 0.00M 0.00M 0.00M 120.00M 0.00M
Capital Lease Obligations 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 0.00M 1.14M 1.14M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Liabilities 0.00M 122.59M 122.59M 120.00M 120.00M 120.00M 0.00M 0.00M 0.00M 0.00M 120.00M 0.00M
Total Liabilities 0.00M 122.92M 122.41M 121.58M 115.26M 137.75M 0.20M 1.84M 0.00M 0.00M 122.36M 0.00M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 0.40M 0.38M 0.38M 0.38M 0.38M 0.37M 0.30M 517.49M 556.95M 587.50M 592.20M 594.29M
Retained Earnings -31.30M 30.56M 30.56M -56.72M -63.93M 29.97M -50.52M -110.01M -93.69M -4.43M -0.35M 2.10M
Accumulated OCI 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -102.75M -92.63M -54.51M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity -30.90M 30.95M 30.95M -56.34M -63.56M 30.35M -50.22M 407.47M 463.26M 480.32M 499.22M 541.88M
Total Equity -30.90M 30.95M 30.95M -56.34M -63.56M 30.35M -50.22M 407.47M 463.26M 480.32M 499.22M 541.88M
Total Liabilities & Equity -30.90M 153.87M 153.35M 65.25M 51.71M 168.10M -50.02M 409.31M 463.26M 480.32M 621.58M 541.88M
Tangible Assets 570.62M 613.94M 613.94M 589.61M 601.53M 748.82M 1,094.82M 542.88M 81.93M 2.17M 631.82M 7.67M
Tangible Equity -30.90M 30.95M 30.95M -56.34M -63.56M 30.35M -50.22M 407.47M 463.26M 480.32M 499.22M 541.88M
Tangible Book Value -30.90M 30.95M 30.95M -56.34M -63.56M 30.35M -50.22M 407.47M 463.26M 480.32M 499.22M 541.88M
Total Investments 5.26M 642.19M 642.19M 19.97M 598.19M 746.00M 544.22M 528.10M 539.98M 599.87M 20.06M 557.75M
Net Debt 119.99M 241.56M 241.56M 240.00M 240.00M 240.00M 118.63M 0.00M 0.00M 0.00M 239.99M -0.47M

Capital Metrics

Metric MRQ MRQ-1 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30 2017-09-30 2016-09-30 2015-09-30
Working Capital 0.0M 31.1M 31.6M 1.0M 2.3M -19.6M 2.3M 5.7M 43.2M -0.1M -12.6M -20.0M
Total Capital 565.8M 611.3M 611.3M 567.1M 574.3M 685.7M 546.5M 527.5M 583.3M 599.9M 619.2M 541.9M
Capital Employed 570.6M 613.8M 614.3M 568.2M 582.2M 691.8M 547.9M 528.7M 583.3M 599.9M 619.2M 543.6M
Invested Capital 565.8M 611.3M 611.3M 567.1M 574.3M 685.7M 545.2M 527.5M 583.3M 599.9M 619.2M 541.4M

Cash Flow Statement

Metric TTM TTM-1 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30 2017-09-30 2016-09-30
Net Income 50.84M 20.51M 93.36M 37.62M -62.84M 85.13M 60.90M -10.67M 32.30M 26.53M 3.09M
Depreciation & Amortization 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital -0.79M 0.76M -0.24M 0.38M 0.54M 0.08M -0.53M 0.50M -0.83M -0.22M -0.28M
Accounts Receivable -0.76M -0.40M -0.14M 0.00M -0.04M -0.10M -0.14M 0.03M -0.26M -0.17M -0.53M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -9.57M
Accounts Payable 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 9.57M
Other Working Capital -0.03M 1.16M -0.10M 0.38M 0.59M 0.18M -0.39M 0.47M -0.57M -0.04M 0.25M
Other Non-Cash Items -54.69M -16.65M -43.51M 6.85M 110.75M -140.55M -22.19M 30.49M 47.46M 19.60M 12.63M
Net Cash from Operating Activities -4.64M 4.21M 49.60M 44.84M 48.46M -55.34M 38.18M 20.32M 78.93M 45.92M 14.91M
Capital Expenditures (PPE) 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Purchases of Investments -468.29M -725.60M -232.35M -236.85M -302.23M -471.04M -268.67M -342.33M -264.94M -349.44M -555.95M
Sales / Maturities of Investments 555.69M 708.33M 294.95M 292.73M 330.95M 432.26M 301.68M 348.95M 336.53M 383.18M 382.47M
Other Investing Activities 0.00M 0.00M -62.59M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Cash from Investing Activities 87.39M -17.28M 0.00M 55.89M 28.72M -38.78M 33.01M 6.62M 71.59M 33.74M -173.48M
Net Debt Issuance 0.00M -0.01M 0.11M 0.00M 0.00M -0.01M 0.00M 0.00M 0.00M 0.00M 120.00M
Long-Term Debt Issuance 0.00M -0.01M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 120.00M
Short-Term Debt Issuance 0.00M 0.00M 0.11M 0.00M 0.00M -0.01M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance 14.48M 102.79M 0.13M 3.95M 0.00M 98.84M -0.60M -2.80M -6.21M -2.68M -2.09M
Common Stock Issuance 14.48M 102.79M 0.13M 3.95M 0.00M 98.84M 0.00M 0.00M 0.00M 0.00M -120.00M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -0.60M -2.80M -6.21M -2.68M -2.09M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -99.58M -97.66M -49.85M -48.79M -48.50M -44.82M -41.43M -42.32M -42.71M -43.25M -43.42M
Common Dividends Paid -99.58M -97.66M -49.85M -48.79M -48.50M -44.82M -41.43M -42.32M -42.71M -43.25M -43.42M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 0.00M 0.01M 0.00M -0.01M 0.00M 0.00M 0.01M 0.00M -30.00M 0.00M 0.00M
Net Cash from Financing Activities -85.11M 5.13M -49.61M -44.84M -48.50M 54.01M -42.01M -45.12M -78.93M -45.93M 74.49M
Effect of FX on Cash 2.35M 22.63M 0.00M 0.00M -28.72M 38.78M -33.01M -6.62M -71.59M -33.74M 78.27M
Net Change in Cash 0.00M 0.01M 0.00M 0.00M -0.04M -1.33M -3.83M -24.80M 0.00M -0.01M -0.46M
Cash at Beginning of Period 0.05M 0.00M 0.00M 0.00M 0.04M 1.38M 5.20M 30.00M 0.00M 0.01M 0.47M
Cash at End of Period 0.05M 0.01M 0.00M 0.00M 0.00M 0.04M 1.38M 5.20M 0.00M 0.00M 0.01M
Operating Cash Flow -4.64M 4.21M 49.60M 44.84M 48.46M -55.34M 38.18M 20.32M 78.93M 45.92M 14.91M
Capital Expenditure 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Free Cash Flow -4.64M 4.21M 49.60M 44.84M 48.46M -55.34M 38.18M 20.32M 78.93M 45.92M 14.91M

Free Cash Flow

Metric TTM TTM-1 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30 2019-09-30 2018-09-30 2017-09-30 2016-09-30
EBITDA 149.78M 80.26M 93.40M 38.09M 29.58M 78.63M 54.87M -16.43M 23.33M 18.11M 39.62M
(-) Tax Adjustment 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 8.17M 6.34M 0.00M
(-) Change In Working Capital -0.79M 0.76M -0.24M 0.38M 0.54M 0.08M -0.53M 0.50M -0.83M -0.22M -0.28M
(-) Capital Expenditure 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Unlevered Free Cash Flow 150.57M 79.51M 93.64M 37.72M 29.04M 78.55M 55.40M -16.94M 16.00M 11.99M 39.90M
(-) Net Interest Income After Taxes -7.88M -5.74M -3.60M -4.49M 0.31M 1.17M 0.61M -0.41M 0.35M 1.13M -1.17M
Net Debt Issuance 0.00M -0.01M 0.11M 0.00M 0.00M -0.01M 0.00M 0.00M 0.00M 0.00M 120.00M
Levered Free Cash Flow 158.45M 85.23M 97.36M 42.21M 28.73M 77.36M 54.79M -16.52M 15.65M 10.86M 161.07M