Capital Gearing Trust (CGT) - Net Assets

Latest as of March 2026: GBX801.31 Million GBX ≈ $97.50K USD

Based on the latest financial reports, Capital Gearing Trust (CGT) has net assets worth GBX801.31 Million GBX (≈ $97.50K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX803.78 Million ≈ $97.80K USD) and total liabilities (GBX2.47 Million ≈ $300.04 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 Capital Gearing Trust (CGT) strategic investment index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX801.31 Million
% of Total Assets 99.69%
Annual Growth Rate 14.58%
5-Year Change -23.67%
10-Year Change 372.9%
Growth Volatility 20.23

Capital Gearing Trust - Net Assets Trend (2000–2026)

This chart illustrates how Capital Gearing Trust's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Capital Gearing Trust worth.

Annual Net Assets for Capital Gearing Trust (2000–2026)

The table below shows the annual net assets of Capital Gearing Trust from 2000 to 2026. Also explore Capital Gearing Trust (CGT) net asset momentum to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2026-03-31 GBX801.31 Million
≈ $97.50K		 -9.46%
2025-03-31 GBX885.02 Million
≈ $107.68K		 -16.52%
2024-03-31 GBX1.06 Billion
≈ $128.99K		 -15.84%
2023-03-31 GBX1.26 Billion
≈ $153.27K		 +19.99%
2022-03-31 GBX1.05 Billion
≈ $127.73K		 +65.58%
2021-03-31 GBX634.05 Million
≈ $77.15K		 +34.89%
2020-03-31 GBX470.06 Million
≈ $57.19K		 +46.01%
2019-03-31 GBX321.93 Million
≈ $39.17K		 +46.63%
2018-03-31 GBX219.55 Million
≈ $26.71K		 +29.57%
2017-03-31 GBX169.44 Million
≈ $20.62K		 +57.01%
2016-03-31 GBX107.92 Million
≈ $13.13K		 +11.81%
2015-03-31 GBX96.52 Million
≈ $11.74K		 +5.70%
2014-03-31 GBX91.31 Million
≈ $11.11K		 -2.31%
2013-03-31 GBX93.47 Million
≈ $11.37K		 +10.44%
2012-03-31 GBX84.64 Million
≈ $10.30K		 +12.03%
2011-03-31 GBX75.55 Million
≈ $9.19K		 +9.55%
2010-03-31 GBX68.96 Million
≈ $8.39K		 +16.09%
2009-03-31 GBX59.40 Million
≈ $7.23K		 -0.05%
2008-03-31 GBX59.43 Million
≈ $7.23K		 +5.05%
2007-03-31 GBX56.58 Million
≈ $6.88K		 +4.51%
2006-03-31 GBX54.14 Million
≈ $6.59K		 +16.14%
2005-03-31 GBX46.61 Million
≈ $5.67K		 +13.60%
2004-03-31 GBX41.03 Million
≈ $4.99K		 +30.62%
2003-03-31 GBX31.41 Million
≈ $3.82K		 +12.02%
2002-03-31 GBX28.04 Million
≈ $3.41K		 +12.39%
2001-03-31 GBX24.95 Million
≈ $3.04K		 +7.15%
2000-03-31 GBX23.29 Million
≈ $2.83K		 --

Equity Component Analysis

This analysis shows how different components contribute to Capital Gearing Trust'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 13698.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component Amount Percentage
Retained Earnings GBX17.52 Million 2.19%
Common Stock GBX6.64 Million 0.83%
Other Comprehensive Income GBX777.14 Million 96.98%
Total Equity GBX801.31 Million 100.00%

Capital Gearing Trust Competitors by Market Cap

The table below lists competitors of Capital Gearing Trust ranked by their market capitalization.

Company Market Cap
SEALAND CAP. GA. LS-0001
F:7KM
 $984.05K
GACM Technologies Limited
NSE:GATECHDVR
 $984.56K
Pathfinder Ventures Inc
V:RV
 $987.32K
Blockchaink2 Corp
V:BITK
 $987.62K
Bioventix
LSE:BVXP
 $979.00K
Global Energy Metals Corp
V:GEMC
 $977.61K
Maven Income and Growth VCT 4 PLC
LSE:MAV4
 $975.37K
FiscalNote Holdings Inc.
NYSE:NOTE
 $973.57K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Capital Gearing Trust's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2025 to 2026, total equity changed from 885,025,000 to 801,311,000, a change of -83,714,000 (-9.5%).
  • Net income of 45,388,000 contributed positively to equity growth.
  • Dividend payments of 17,907,000 reduced retained earnings.
  • Share repurchases of 111,573,000 reduced equity.
  • Other comprehensive income increased equity by 777,142,000.
  • Other factors decreased equity by 776,764,000.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income GBX45.39 Million +5.66%
Dividends Paid GBX17.91 Million -2.23%
Share Repurchases GBX111.57 Million -13.92%
Other Comprehensive Income GBX777.14 Million +96.98%
Other Changes GBX-776.76 Million -96.94%
Total Change GBX- -9.46%

Book Value vs Market Value Analysis

This analysis compares Capital Gearing Trust'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: 10.72x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 42.54x to 10.72x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-03-31 GBX12.08 GBX514.00 x
2003-03-31 GBX13.53 GBX514.00 x
2004-03-31 GBX15.46 GBX514.00 x
2005-03-31 GBX16.92 GBX514.00 x
2006-03-31 GBX19.37 GBX514.00 x
2007-03-31 GBX20.24 GBX514.00 x
2008-03-31 GBX21.26 GBX514.00 x
2009-03-31 GBX21.25 GBX514.00 x
2010-03-31 GBX24.67 GBX514.00 x
2011-03-31 GBX26.77 GBX514.00 x
2012-03-31 GBX29.12 GBX514.00 x
2013-03-31 GBX32.00 GBX514.00 x
2014-03-31 GBX31.21 GBX514.00 x
2015-03-31 GBX32.98 GBX514.00 x
2016-03-31 GBX36.28 GBX514.00 x
2017-03-31 GBX44.39 GBX514.00 x
2018-03-31 GBX43.47 GBX514.00 x
2019-03-31 GBX48.52 GBX514.00 x
2020-03-31 GBX47.51 GBX514.00 x
2021-03-31 GBX51.13 GBX514.00 x
2022-03-31 GBX60.78 GBX514.00 x
2023-03-31 GBX50.57 GBX514.00 x
2024-03-31 GBX43.60 GBX514.00 x
2025-03-31 GBX44.21 GBX514.00 x
2026-03-31 GBX47.97 GBX514.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Capital Gearing Trust 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): 5.66%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 130.53%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 1.00x
  • Recent ROE (5.66%) is below the historical average (6.04%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 16.80% 92.28% 0.18x 1.01x GBX2.79 Million
2005 12.92% 88.99% 0.14x 1.00x GBX1.36 Million
2006 13.03% 89.59% 0.14x 1.00x GBX1.64 Million
2007 4.98% 76.34% 0.06x 1.00x GBX-2.84 Million
2008 5.46% 78.87% 0.07x 1.00x GBX-2.70 Million
2009 0.73% 37.85% 0.02x 1.01x GBX-5.51 Million
2010 14.75% 90.98% 0.16x 1.00x GBX3.28 Million
2011 7.54% 83.99% 0.09x 1.00x GBX-1.86 Million
2012 8.69% 86.29% 0.10x 1.00x GBX-1.11 Million
2013 9.95% 96.65% 0.10x 1.00x GBX-42.90K
2014 -2.04% 0.00% -0.02x 1.00x GBX-11.00 Million
2015 5.88% 93.89% 0.06x 1.00x GBX-3.98 Million
2016 2.87% 88.03% 0.03x 1.00x GBX-7.70 Million
2017 9.57% 97.62% 0.10x 1.01x GBX-727.50K
2018 -0.03% -19.72% 0.00x 1.00x GBX-22.03 Million
2019 5.53% 97.57% 0.06x 1.01x GBX-14.38 Million
2020 -1.17% 0.00% -0.01x 1.02x GBX-52.48 Million
2021 10.04% 98.44% 0.10x 1.00x GBX261.40K
2022 6.50% 98.22% 0.07x 1.01x GBX-36.77 Million
2023 -4.08% 0.00% -0.04x 1.01x GBX-177.36 Million
2024 1.30% 61.23% 0.02x 1.01x GBX-92.28 Million
2025 4.07% 95.86% 0.04x 1.03x GBX-52.51 Million
2026 5.66% 130.53% 0.04x 1.00x GBX-34.74 Million

Industry Comparison

This section compares Capital Gearing Trust's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $971,344,300
  • Average return on equity (ROE) among peers: 2.31%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Capital Gearing Trust (CGT) GBX801.31 Million 16.80% 0.00x $980.82K
3I Infrastructure PLC (3IN) $1.25 Billion 6.43% 0.14x $44.16 Million
Albion Enterprise VCT PLC (AAEV) $278.53 Million 5.11% 0.01x $3.20 Million
abrdn Asian Income Fund Limited (AAIF) $329.43 Million -11.14% 0.12x $5.50 Million
Abrdn Asia Focus PLC (AAS) $46.34 Million 0.00% 0.14x $7.56 Million
Albion Technology & General VCT PLC (AATG) $78.03 Million -0.40% 0.01x $3.15 Million
Abrdn PLC (ABDN) $6.67 Billion 3.99% 0.71x $52.13 Million
Aberdeen Diversified Income and Growth Trust PLC (ADIG) $413.68 Million 2.10% 0.15x $450.86K
Aquila Energy Efficiency Trust PLC (AEET) $95.23 Million 0.14% 0.02x $247.72K
Aquila European Renewables Income PLC (AERI) $316.90 Million -0.37% 0.13x $64.28 Million
Artemis UK Future Leaders plc (AFL) $241.60 Million 17.22% 0.01x $439.05

About Capital Gearing Trust

LSE:CGT UK Asset Management
Market Cap
$980.82K
GBX8.06 Billion GBX
Market Cap Rank
#30706 Global
#812 in UK
Share Price
GBX514.00
Change (1 day)
-0.19%
52-Week Range
GBX514.00 - GBX5240.00
All Time High
GBX5240.00
Categories
Companies in UK Asset Management Banking & Financial
About

Capital Gearing Trust p.l.c is a closed ended fixed income mutual fund launched and managed by CG Asset Management Limited. The fund invests in the public equity and fixed income markets of the United Kingdom. It invests in the stocks of companies operating across diversified sectors. For the fixed income portion of the portfolio the fund primarily invests in government bonds. It also invests a p… Read more