Seneca Growth Capital VCT PLC
Seneca Growth Capital VCT plc is a venture capital trust specializes in growth capital. It invests in emerging biotechnology companies. It prefers to invest in unquoted and quoted MedTech companies. The fund seeks to invest in the United Kingdom, IIe-de-France, Burgundy, France, European Developed Markets. It typically invests in companies with sales greater than £10 million ($11.90 million), gro… Read more
Seneca Growth Capital VCT PLC (HYG) - Net Assets
Latest net assets as of December 2024: GBX13.94 Million GBX
Based on the latest financial reports, Seneca Growth Capital VCT PLC (HYG) has net assets worth GBX13.94 Million GBX as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX14.16 Million) and total liabilities (GBX219.00K). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX13.94 Million |
| % of Total Assets | 98.45% |
| Annual Growth Rate | 3.37% |
| 5-Year Change | 29.42% |
| 10-Year Change | 127.41% |
| Growth Volatility | 29.56 |
Seneca Growth Capital VCT PLC - Net Assets Trend (2002–2024)
This chart illustrates how Seneca Growth Capital VCT PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Seneca Growth Capital VCT PLC (2002–2024)
The table below shows the annual net assets of Seneca Growth Capital VCT PLC from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX13.94 Million | -17.49% |
| 2023-12-31 | GBX16.89 Million | -6.83% |
| 2022-12-31 | GBX18.13 Million | +2.07% |
| 2021-12-31 | GBX17.76 Million | +64.93% |
| 2020-12-31 | GBX10.77 Million | +28.46% |
| 2019-12-31 | GBX8.38 Million | -9.66% |
| 2018-12-31 | GBX9.28 Million | +79.17% |
| 2017-12-31 | GBX5.18 Million | -6.62% |
| 2016-12-31 | GBX5.55 Million | -9.50% |
| 2015-12-31 | GBX6.13 Million | -16.43% |
| 2014-12-31 | GBX7.33 Million | -6.32% |
| 2013-12-31 | GBX7.83 Million | -18.40% |
| 2012-12-31 | GBX9.59 Million | +67.35% |
| 2011-12-31 | GBX5.73 Million | -8.74% |
| 2010-12-31 | GBX6.28 Million | -15.15% |
| 2009-12-31 | GBX7.40 Million | +43.63% |
| 2008-12-31 | GBX5.16 Million | +11.87% |
| 2007-12-31 | GBX4.61 Million | +7.31% |
| 2006-12-31 | GBX4.29 Million | -24.39% |
| 2005-12-31 | GBX5.68 Million | -9.79% |
| 2004-12-31 | GBX6.29 Million | -8.91% |
| 2003-12-31 | GBX6.91 Million | +2.74% |
| 2002-12-31 | GBX6.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Seneca Growth Capital VCT PLC'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX324.00K | 2.32% |
| Other Components | GBX13.61 Million | 97.68% |
| Total Equity | GBX13.94 Million | 100.00% |
Seneca Growth Capital VCT PLC Competitors by Market Cap
The table below lists competitors of Seneca Growth Capital VCT PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SigmaBroadband Co
PINK:SGRB
|
$0.12 |
|
BRIDGEFORT CAPITAL LIMITED
XZIM:BFCA
|
$0.22 |
|
Solvonis Therapeutics plc
LSE:SVNS
|
$0.28 |
|
Crown Place VCT PLC
LSE:CRWN
|
$0.31 |
|
Secure Property Development & Investment Plc
LSE:SPDI
|
$0.02 |
|
ALTER NRG
F:AND
|
$0.00 |
|
UIL Finance Ltd. ZDP
LSE:UTLI
|
$0.00 |
|
CHINA PRECISION STL
F:3CP1
|
$0.00 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seneca Growth Capital VCT PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,892,000 to 13,938,000, a change of -2,954,000 (-17.5%).
- Net loss of 3,742,000 reduced equity.
- Dividend payments of 717,000 reduced retained earnings.
- Share repurchases of 164,000 reduced equity.
- New share issuances of 1,669,000 increased equity.
- Other comprehensive income decreased equity by 18,571,000.
- Other factors increased equity by 18,571,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-3.74 Million | -26.85% |
| Dividends Paid | GBX717.00K | -5.14% |
| Share Repurchases | GBX164.00K | -1.18% |
| Share Issuances | GBX1.67 Million | +11.97% |
| Other Comprehensive Income | GBX-18.57 Million | -133.24% |
| Other Changes | GBX18.57 Million | +133.24% |
| Total Change | GBX- | -17.49% |
Book Value vs Market Value Analysis
This analysis compares Seneca Growth Capital VCT PLC'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: 0.16x
- 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 |
|---|---|---|---|
| 2002-12-31 | GBX1.16 | GBX0.07 | x |
| 2003-12-31 | GBX0.94 | GBX0.07 | x |
| 2004-12-31 | GBX0.83 | GBX0.07 | x |
| 2005-12-31 | GBX0.75 | GBX0.07 | x |
| 2006-12-31 | GBX0.57 | GBX0.07 | x |
| 2007-12-31 | GBX0.61 | GBX0.07 | x |
| 2008-12-31 | GBX0.67 | GBX0.07 | x |
| 2009-12-31 | GBX0.92 | GBX0.07 | x |
| 2010-12-31 | GBX0.77 | GBX0.07 | x |
| 2011-12-31 | GBX0.71 | GBX0.07 | x |
| 2012-12-31 | GBX1.18 | GBX0.07 | x |
| 2013-12-31 | GBX0.96 | GBX0.07 | x |
| 2014-12-31 | GBX0.90 | GBX0.07 | x |
| 2015-12-31 | GBX0.76 | GBX0.07 | x |
| 2016-12-31 | GBX0.68 | GBX0.07 | x |
| 2017-12-31 | GBX0.64 | GBX0.07 | x |
| 2018-12-31 | GBX1.14 | GBX0.07 | x |
| 2019-12-31 | GBX0.63 | GBX0.07 | x |
| 2020-12-31 | GBX1.07 | GBX0.07 | x |
| 2021-12-31 | GBX1.07 | GBX0.07 | x |
| 2022-12-31 | GBX0.73 | GBX0.07 | x |
| 2023-12-31 | GBX0.60 | GBX0.07 | x |
| 2024-12-31 | GBX0.45 | GBX0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seneca Growth Capital VCT PLC 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): -26.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.24x
- • Equity Multiplier: 1.02x
- Recent ROE (-26.85%) is below the historical average (-4.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.85% | 29.08% | 0.03x | 1.01x | GBX-615.70K |
| 2003 | 0.56% | 17.03% | 0.03x | 1.02x | GBX-652.10K |
| 2004 | -0.10% | 0.00% | 0.00x | 1.01x | GBX-635.50K |
| 2005 | -5.71% | 0.00% | 0.00x | 1.02x | GBX-891.90K |
| 2006 | -3.89% | 0.00% | 0.00x | 1.01x | GBX-596.40K |
| 2007 | -3.56% | -32.35% | 0.11x | 1.01x | GBX-624.80K |
| 2008 | -2.39% | -22.20% | 0.11x | 1.01x | GBX-638.50K |
| 2009 | -0.23% | -0.77% | 0.30x | 1.00x | GBX-757.40K |
| 2010 | -2.13% | -50.57% | 0.04x | 1.00x | GBX-762.20K |
| 2011 | -1.50% | -1228.57% | 0.00x | 1.01x | GBX-659.30K |
| 2012 | -1.63% | -2.99% | 0.48x | 1.13x | GBX-1.12 Million |
| 2013 | -2.09% | -1490.91% | 0.00x | 1.11x | GBX-946.90K |
| 2014 | -2.06% | -1258.33% | 0.00x | 1.10x | GBX-884.40K |
| 2015 | -19.66% | 0.00% | -0.16x | 1.08x | GBX-1.82 Million |
| 2016 | -10.49% | 0.00% | -0.10x | 1.09x | GBX-1.14 Million |
| 2017 | -7.08% | 0.00% | -0.06x | 1.08x | GBX-885.00K |
| 2018 | 0.71% | 36.87% | 0.02x | 1.05x | GBX-862.10K |
| 2019 | -8.53% | 0.00% | -0.07x | 1.03x | GBX-1.55 Million |
| 2020 | 12.04% | 89.51% | 0.13x | 1.04x | GBX220.00K |
| 2021 | 11.80% | 92.46% | 0.12x | 1.03x | GBX319.70K |
| 2022 | -15.16% | 0.00% | -0.14x | 1.03x | GBX-4.56 Million |
| 2023 | -15.81% | 0.00% | -0.14x | 1.02x | GBX-4.36 Million |
| 2024 | -26.85% | 0.00% | -0.24x | 1.02x | GBX-5.14 Million |
Industry Comparison
This section compares Seneca Growth Capital VCT PLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $417,676,500
- Average return on equity (ROE) among peers: -75.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seneca Growth Capital VCT PLC (HYG) | GBX13.94 Million | 0.85% | 0.02x | $0.08 |
| 3I Infrastructure PLC (3IN) | $1.25 Billion | 6.43% | 0.14x | $396.99K |
| 450 PLC (450) | $1.30 Million | -791.13% | 5.03x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $329.43 Million | -11.14% | 0.12x | $336.86 |
| Abrdn Asia Focus PLC (AAS) | $495.01 Million | 29.59% | 0.13x | $425.44 |
| Albion Technology & General VCT PLC (AATG) | $78.03 Million | -0.40% | 0.01x | $78.92 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $374.83 Million | -3.39% | 0.20x | $16.18 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $372.54 Million | -8.03% | 0.00x | $2.19K |
| Artemis UK Future Leaders plc (AFL) | $241.60 Million | 17.22% | 0.01x | $397.05 |
| AVI Global Trust PLC (AGT) | $938.94 Million | 2.59% | 0.12x | $2.97 Million |