The Income & Growth VCT (IGV) - Net Assets

Latest as of September 2024: GBX188.70 Million GBX ≈ $22.96K USD

Based on the latest financial reports, The Income & Growth VCT (IGV) has net assets worth GBX188.70 Million GBX (≈ $22.96K USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX189.11 Million ≈ $23.01K USD) and total liabilities (GBX413.19K ≈ $50.27 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 The Income & Growth VCT liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX188.70 Million
% of Total Assets 99.78%
Annual Growth Rate 7.44%
5-Year Change 80.68%
10-Year Change 203.73%
Growth Volatility 22.98

The Income & Growth VCT - Net Assets Trend (2001–2025)

This chart illustrates how The Income & Growth VCT's net assets have evolved over time, based on quarterly financial data. Also explore IGV total asset value for the complete picture of this company's asset base.

Annual Net Assets for The Income & Growth VCT (2001–2025)

The table below shows the annual net assets of The Income & Growth VCT from 2001 to 2025. For live valuation and market cap data, see IGV market cap overview.

Year Net Assets Change
2025-09-30 GBX215.16 Million
≈ $26.18K		 +14.03%
2024-09-30 GBX188.70 Million
≈ $22.96K		 +53.69%
2023-09-30 GBX122.78 Million
≈ $14.94K		 +13.25%
2022-09-30 GBX108.42 Million
≈ $13.19K		 -8.96%
2021-09-30 GBX119.09 Million
≈ $14.49K		 +43.25%
2020-09-30 GBX83.13 Million
≈ $10.11K		 +1.72%
2019-09-30 GBX81.73 Million
≈ $9.94K		 -1.04%
2018-09-30 GBX82.58 Million
≈ $10.05K		 +28.34%
2017-09-30 GBX64.35 Million
≈ $7.83K		 -9.16%
2016-09-30 GBX70.84 Million
≈ $8.62K		 -5.80%
2015-09-30 GBX75.20 Million
≈ $9.15K		 +8.51%
2014-09-30 GBX69.31 Million
≈ $8.43K		 +14.62%
2013-09-30 GBX60.47 Million
≈ $7.36K		 +19.62%
2012-09-30 GBX50.55 Million
≈ $6.15K		 +2.85%
2011-09-30 GBX49.15 Million
≈ $5.98K		 +34.28%
2010-09-30 GBX36.60 Million
≈ $4.45K		 +47.11%
2009-09-30 GBX24.88 Million
≈ $3.03K		 -39.00%
2008-09-30 GBX40.79 Million
≈ $4.96K		 +10.91%
2007-09-30 GBX36.78 Million
≈ $4.47K		 -16.70%
2006-09-30 GBX44.15 Million
≈ $5.37K		 -10.27%
2005-09-30 GBX49.20 Million
≈ $5.99K		 +48.96%
2004-09-30 GBX33.03 Million
≈ $4.02K		 +9.04%
2003-09-30 GBX30.29 Million
≈ $3.69K		 -5.88%
2002-09-30 GBX32.19 Million
≈ $3.92K		 -16.35%
2001-09-30 GBX38.48 Million
≈ $4.68K		 --

Equity Component Analysis

This analysis shows how different components contribute to The Income & Growth VCT'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 (September 2025)

Component Amount Percentage
Other Components GBX215.16 Million 100.00%
Total Equity GBX215.16 Million 100.00%

The Income & Growth VCT Competitors by Market Cap

The table below lists competitors of The Income & Growth VCT ranked by their market capitalization.

Company Market Cap
SKIL Infrastructure Limited
NSE:SKIL
 $2.25 Million
Amedeo Air Four Plus Limited
LSE:AA4
 $2.25 Million
Goobit Group AB
ST:BTCX
 $2.25 Million
Lord Resources Ltd
AU:LRD
 $2.25 Million
MW Trade S.A.
WAR:MWT
 $2.25 Million
Gibui Holdings Ltd
TA:GIBUI
 $2.25 Million
Nanocap Group AB Series B
ST:NANOC-B
 $2.25 Million
TV Vision Limited
NSE:TVVISION
 $2.24 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in The Income & Growth VCT's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 188,695,667 to 215,163,229, a change of 26,467,562 (14.0%).
  • Net income of 3,175,284 contributed positively to equity growth.
  • Dividend payments of 13,517,158 reduced retained earnings.
  • Share repurchases of 6,581,221 reduced equity.
  • New share issuances of 45,002,576 increased equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX3.18 Million +1.48%
Dividends Paid GBX13.52 Million -6.28%
Share Repurchases GBX6.58 Million -3.06%
Share Issuances GBX45.00 Million +20.92%
Other Changes GBX-1.61 Million -0.75%
Total Change GBX- 14.03%

Book Value vs Market Value Analysis

This analysis compares The Income & Growth VCT'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: 85.35x
  • 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 increased from 47.90x to 85.35x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-09-30 GBX1.19 GBX57.00 x
2002-09-30 GBX0.77 GBX57.00 x
2003-09-30 GBX0.73 GBX57.00 x
2004-09-30 GBX0.80 GBX57.00 x
2005-09-30 GBX1.21 GBX57.00 x
2006-09-30 GBX1.11 GBX57.00 x
2007-09-30 GBX0.95 GBX57.00 x
2008-09-30 GBX0.90 GBX57.00 x
2009-09-30 GBX0.71 GBX57.00 x
2010-09-30 GBX1.47 GBX57.00 x
2011-09-30 GBX1.25 GBX57.00 x
2012-09-30 GBX1.16 GBX57.00 x
2013-09-30 GBX1.21 GBX57.00 x
2014-09-30 GBX1.22 GBX57.00 x
2015-09-30 GBX1.12 GBX57.00 x
2016-09-30 GBX0.99 GBX57.00 x
2017-09-30 GBX0.89 GBX57.00 x
2018-09-30 GBX0.83 GBX57.00 x
2019-09-30 GBX0.78 GBX57.00 x
2020-09-30 GBX0.74 GBX57.00 x
2021-09-30 GBX1.00 GBX57.00 x
2022-09-30 GBX0.87 GBX57.00 x
2023-09-30 GBX0.82 GBX57.00 x
2024-09-30 GBX1.07 GBX57.00 x
2025-09-30 GBX0.67 GBX57.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently The Income & Growth VCT 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): 1.48%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 82.31%
  • • Asset Turnover: 0.02x
  • • Equity Multiplier: 1.01x
  • Recent ROE (1.48%) is below the historical average (4.89%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 1.41% 43.71% 0.03x 1.03x GBX-3.31 Million
2002 2.95% 44.39% 0.06x 1.04x GBX-2.27 Million
2003 1.88% 48.14% 0.04x 1.03x GBX-2.46 Million
2004 1.25% 55.13% 0.02x 1.02x GBX-2.89 Million
2005 0.66% 14.53% 0.05x 1.00x GBX-4.59 Million
2006 0.78% 12.61% 0.06x 1.00x GBX-4.07 Million
2007 0.65% 15.99% 0.04x 1.04x GBX-3.44 Million
2008 1.76% 20.12% 0.09x 1.01x GBX-3.36 Million
2009 0.74% 19.65% 0.04x 1.01x GBX-2.31 Million
2010 -0.14% -6.98% 0.02x 1.01x GBX-3.71 Million
2011 1.76% 52.21% 0.03x 1.03x GBX-4.05 Million
2012 11.44% 288.62% 0.04x 1.07x GBX728.80K
2013 13.58% 81.96% 0.16x 1.01x GBX2.16 Million
2014 9.16% 65.79% 0.14x 1.03x GBX-583.64K
2015 9.13% 93.58% 0.10x 1.02x GBX-656.23K
2016 4.30% 88.60% 0.05x 1.02x GBX-4.04 Million
2017 5.88% 89.94% 0.06x 1.01x GBX-2.65 Million
2018 3.16% 85.12% 0.04x 1.00x GBX-5.65 Million
2019 7.16% 93.20% 0.08x 1.00x GBX-2.32 Million
2020 13.41% 95.47% 0.14x 1.00x GBX2.83 Million
2021 35.15% 98.95% 0.35x 1.01x GBX29.95 Million
2022 -10.33% 0.00% -0.10x 1.00x GBX-22.05 Million
2023 4.47% 90.02% 0.05x 1.00x GBX-6.79 Million
2024 0.53% 22.47% 0.02x 1.00x GBX-17.87 Million
2025 1.48% 82.31% 0.02x 1.01x GBX-18.34 Million

Industry Comparison

This section compares The Income & Growth VCT's net assets metrics with peer companies in the same industry.

Industry Context

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
The Income & Growth VCT (IGV) GBX188.70 Million 1.41% 0.00x $2.25 Million
Kambi Group PLC Series B (0EAW) $46.32 Million 12.74% 0.42x $494.35 Million
Embracer Group AB Series B (0GFE) $27.17 Billion 1.06% 0.24x $599.79 Million
STMicroelectronics NV (0INB) $5.76 Billion 3.79% 0.89x $505.60K
Uniti Group Inc. (0LJB) $-2.11 Billion 0.00% 0.00x $2.17 Billion
RTL Group SA (0MNC) $3.05 Billion 21.92% 1.73x $342.80K
Subsea 7 SA (0OGK) $4.23 Billion -25.85% 0.49x $336.56K
Stolt-Nielsen Limited (0OHK) $2.42 Billion 14.99% 1.39x $1.93 Billion
Aperam SA (0OLF) $2.52 Billion 11.37% 0.72x $511.25K
Gedeon Richter PLC (0QFP) $659.33 Billion 1.35% 0.15x $66.23 Million
Creades AB Series A (0QI9) $12.95 Billion 32.39% 0.04x $96.62 Million

About The Income & Growth VCT

LSE:IGV UK
Market Cap
$2.25 Million
GBX18.48 Billion GBX
Market Cap Rank
#29569 Global
#651 in UK
Share Price
GBX57.00
Change (1 day)
+0.00%
52-Week Range
GBX55.50 - GBX62.00
All Time High
GBX70.06
Categories
Companies in UK
About

The Income & Growth VCT plc is a venture capital trust. It invests in companies at various stages of development. The fund invests in unquoted and new and secondary issues of quoted companies, which already have a trading facility on the Alternative Investment Market or on OFEX. It primarily makes investments in support services, software and computer services and general retailers. It prefers to… Read more