Asset Backed Income (ABI) Calculator
Companies with significant treasury assets often issue a small percentage of those assets as a yield to raise growth capital. This structure effectively "strips out" the volatility of the underlying assets they hold, whilst also offering investors an income stream from non-yielding assets.
ABI issuers provide a "less risk, less reward" alternative to direct asset ownership, removing an investors need to buy or sell the underlying assets to generate revenue or profit.
Assessing the sustainability of these payments is essential. A key metric is the "runway", which is how many years a company can continue to fund dividend payments based on future valuations of its asset treasury.
For the Asset Backed Income (ABI) products included in hope GBP to be able to make the payments forever, they need a CAGR of just 1.82%.
∞ = 1.82% CAGR
To be able to make the monthly payment obligations forever, the Asset Backed Income (ABI) products included in hope GBP need a CAGR of just 1.82%.
Formula = Annual Interest Obligations ÷ Current Asset Market Value
Option 2 logic: refinance debt at $8,000 BTC first; only residual shortfall draws from reserves.
| Metric | Value |
|---|---|
| Debt coverage at floor via BTC value ($B) | - |
| Residual debt shortfall after floor ($B) | - |
| Residual after convertibles ($B) | - |
| Reserve draw required ($B) | - |
| Net cash reserves post draw ($B) | - |
| Net-of-debt combined coverage years | - |
Each year pays the same annual dividend obligation. Cash is used first; any shortfall is funded by selling BTC at that year’s projected price. Coverage remaining is from end-of-year resources.
| Year | BTC price ($) | Dividend obligation ($B) | Cash start ($B) | Cash used ($B) | Cash end ($B) | BTC start (coins) | BTC sold (coins) | BTC end (coins) | BTC value end ($B) | Total resources end ($B) | Coverage remaining (yrs) |
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