Northern 2 Vct Plc Net Assets
Northern 2 Vct Plc net assets. Based on the latest financial reports, Northern 2 Vct Plc (NTV) has net assets worth GBX137.80 Million GBX (≈ $16.77K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX138.00 Million ≈ $16.79K USD) and total liabilities (GBX207.00K ≈ $25.19 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. Also explore net asset momentum of Northern 2 Vct Plc to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX137.80 Million |
| % of Total Assets | 99.85% |
| Annual Growth Rate | 7.55% |
| 5-Year Change | 31.42% |
| 10-Year Change | 92.33% |
| Growth Volatility | 19.49 |
Net Assets of Northern 2 Vct Plc (2000–2026)
Net assets of Northern 2 Vct Plc from 2000 to 2026. This chart illustrates how Northern 2 Vct Plc's net assets have evolved over time, based on quarterly financial data. See Northern 2 Vct Plc (NTV) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Northern 2 Vct Plc (2000–2026)
The table below shows the annual net assets of Northern 2 Vct Plc from 2000 to 2026. For live market cap and overall valuation, see market value of Northern 2 Vct Plc.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX137.80 Million ≈ $16.77K |
+7.59% |
| 2025-03-31 | GBX128.08 Million ≈ $15.58K |
+7.15% |
| 2024-03-31 | GBX119.53 Million ≈ $14.54K |
+9.08% |
| 2023-03-31 | GBX109.58 Million ≈ $13.33K |
+4.50% |
| 2022-03-31 | GBX104.85 Million ≈ $12.76K |
-9.22% |
| 2021-03-31 | GBX115.50 Million ≈ $14.05K |
+55.33% |
| 2020-03-31 | GBX74.36 Million ≈ $9.05K |
-11.60% |
| 2019-03-31 | GBX84.11 Million ≈ $10.23K |
-3.37% |
| 2018-03-31 | GBX87.04 Million ≈ $10.59K |
+21.49% |
| 2017-03-31 | GBX71.65 Million ≈ $8.72K |
+0.43% |
| 2016-03-31 | GBX71.34 Million ≈ $8.68K |
-9.33% |
| 2015-03-31 | GBX78.68 Million ≈ $9.57K |
+2.73% |
| 2014-03-31 | GBX76.59 Million ≈ $9.32K |
+21.87% |
| 2013-03-31 | GBX62.84 Million ≈ $7.65K |
+14.00% |
| 2012-03-31 | GBX55.13 Million ≈ $6.71K |
+20.60% |
| 2011-03-31 | GBX45.71 Million ≈ $5.56K |
+3.08% |
| 2010-01-31 | GBX44.35 Million ≈ $5.40K |
+11.70% |
| 2009-01-31 | GBX39.70 Million ≈ $4.83K |
-9.26% |
| 2008-01-31 | GBX43.75 Million ≈ $5.32K |
+1.97% |
| 2007-01-31 | GBX42.91 Million ≈ $5.22K |
+10.95% |
| 2006-01-31 | GBX38.67 Million ≈ $4.71K |
-3.97% |
| 2005-01-31 | GBX40.27 Million ≈ $4.90K |
-6.85% |
| 2004-01-31 | GBX43.23 Million ≈ $5.26K |
+3.54% |
| 2003-01-31 | GBX41.75 Million ≈ $5.08K |
+2.18% |
| 2002-01-31 | GBX40.86 Million ≈ $4.97K |
+79.23% |
| 2001-01-31 | GBX22.80 Million ≈ $2.77K |
+11.09% |
| 2000-01-31 | GBX20.52 Million ≈ $2.50K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Northern 2 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 grown by 62200.0% over the analyzed period, indicating profitable operations and earnings retention.
Northern 2 Vct Plc Net Assets Breakdown (March 2026)
Northern 2 Vct Plc net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX623.00K | 0.45% |
| Common Stock | GBX12.61 Million | 9.15% |
| Other Comprehensive Income | GBX39.02 Million | 28.32% |
| Other Components | GBX85.55 Million | 62.08% |
| Total Equity | GBX137.80 Million | 100.00% |
Northern 2 Vct Plc Competitors by Market Cap
The table below lists competitors of Northern 2 Vct Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Regional REIT Ltd
LSE:RGL
|
$1.73 Million |
|
Rainbow Rare Earths Limited
LSE:RBW
|
$1.73 Million |
|
Curis Inc
NASDAQ:CRIS
|
$1.73 Million |
|
Panther Metals Ltd
AU:PNT
|
$1.73 Million |
|
Arctic Star Exploration Corp
V:ADD
|
$1.73 Million |
|
Vintage Energy Ltd
AU:VEN
|
$1.73 Million |
|
M&C Saatchi
LSE:SAA
|
$1.73 Million |
|
Proven Growth and Income Vct PLC
LSE:PGOO
|
$1.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northern 2 Vct Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 128,078,000 to 137,797,000, a change of 9,719,000 (7.6%).
- Net loss of 1,536,000 reduced equity.
- Dividend payments of 7,460,000 reduced retained earnings.
- Share repurchases of 6,398,000 reduced equity.
- New share issuances of 25,963,000 increased equity.
- Other comprehensive income increased equity by 39,019,999.
- Other factors decreased equity by 39,869,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-1.54 Million | -1.11% |
| Dividends Paid | GBX7.46 Million | -5.41% |
| Share Repurchases | GBX6.40 Million | -4.64% |
| Share Issuances | GBX25.96 Million | +18.84% |
| Other Comprehensive Income | GBX39.02 Million | +28.32% |
| Other Changes | GBX-39.87 Million | -28.93% |
| Total Change | GBX- | 7.59% |
Book Value vs Market Value Analysis
This analysis compares Northern 2 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: 94.81x
- 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 42.03x to 94.81x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-01-31 | GBX1.26 | GBX53.00 | x |
| 2001-01-31 | GBX0.96 | GBX53.00 | x |
| 2002-01-31 | GBX1.13 | GBX53.00 | x |
| 2003-01-31 | GBX0.95 | GBX53.00 | x |
| 2004-01-31 | GBX0.96 | GBX53.00 | x |
| 2005-01-31 | GBX0.91 | GBX53.00 | x |
| 2006-01-31 | GBX0.90 | GBX53.00 | x |
| 2007-01-31 | GBX0.89 | GBX53.00 | x |
| 2008-01-31 | GBX0.89 | GBX53.00 | x |
| 2009-01-31 | GBX0.70 | GBX53.00 | x |
| 2010-01-31 | GBX0.78 | GBX53.00 | x |
| 2011-03-31 | GBX0.67 | GBX53.00 | x |
| 2012-03-31 | GBX0.80 | GBX53.00 | x |
| 2013-03-31 | GBX0.89 | GBX53.00 | x |
| 2014-03-31 | GBX0.93 | GBX53.00 | x |
| 2015-03-31 | GBX0.85 | GBX53.00 | x |
| 2016-03-31 | GBX0.77 | GBX53.00 | x |
| 2017-03-31 | GBX0.77 | GBX53.00 | x |
| 2018-03-31 | GBX0.78 | GBX53.00 | x |
| 2019-03-31 | GBX0.64 | GBX53.00 | x |
| 2020-03-31 | GBX0.53 | GBX53.00 | x |
| 2021-03-31 | GBX0.71 | GBX53.00 | x |
| 2022-03-31 | GBX0.65 | GBX53.00 | x |
| 2023-03-31 | GBX0.60 | GBX53.00 | x |
| 2024-03-31 | GBX0.60 | GBX53.00 | x |
| 2025-03-31 | GBX0.57 | GBX53.00 | x |
| 2026-03-31 | GBX0.56 | GBX53.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northern 2 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): -1.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -94.70%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.00x
- Recent ROE (-1.11%) is below the historical average (4.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 2.37% | 55.93% | 0.04x | 1.03x | GBX-1.57 Million |
| 2001 | 3.04% | 55.62% | 0.05x | 1.04x | GBX-1.59 Million |
| 2002 | 2.72% | 58.26% | 0.05x | 1.02x | GBX-2.98 Million |
| 2003 | 2.50% | 55.67% | 0.04x | 1.00x | GBX-3.20 Million |
| 2004 | 2.59% | 62.56% | 0.04x | 1.04x | GBX-3.20 Million |
| 2005 | 2.82% | 35.08% | 0.08x | 1.01x | GBX-2.89 Million |
| 2006 | 3.31% | 60.91% | 0.05x | 1.01x | GBX-2.59 Million |
| 2007 | 2.85% | 38.66% | 0.07x | 1.01x | GBX-3.07 Million |
| 2008 | 2.69% | 25.17% | 0.10x | 1.02x | GBX-3.20 Million |
| 2009 | 3.71% | 0.00% | 0.00x | 1.01x | GBX-2.50 Million |
| 2010 | 2.23% | 11.14% | 0.20x | 1.00x | GBX-3.45 Million |
| 2012 | 2.02% | 18.99% | 0.10x | 1.03x | GBX-4.40 Million |
| 2013 | 11.59% | 95.97% | 0.12x | 1.02x | GBX999.60K |
| 2014 | 9.19% | 94.48% | 0.10x | 1.01x | GBX-621.80K |
| 2015 | 3.97% | 87.89% | 0.05x | 1.00x | GBX-4.75 Million |
| 2016 | 10.31% | 95.45% | 0.11x | 1.01x | GBX222.30K |
| 2017 | 12.02% | 95.95% | 0.12x | 1.07x | GBX1.45 Million |
| 2018 | 1.21% | 74.51% | 0.02x | 1.00x | GBX-7.65 Million |
| 2019 | 5.04% | 91.51% | 0.05x | 1.08x | GBX-4.17 Million |
| 2020 | -13.21% | 0.00% | -0.13x | 1.00x | GBX-17.25 Million |
| 2021 | 30.66% | 98.76% | 0.31x | 1.02x | GBX23.87 Million |
| 2022 | 0.88% | 66.98% | 0.01x | 1.00x | GBX-9.56 Million |
| 2023 | -3.16% | 0.00% | -0.03x | 1.00x | GBX-14.42 Million |
| 2024 | 2.38% | 51.69% | 0.05x | 1.00x | GBX-9.10 Million |
| 2025 | 6.53% | 92.53% | 0.07x | 1.00x | GBX-4.44 Million |
| 2026 | -1.11% | -94.70% | 0.01x | 1.00x | GBX-15.32 Million |
Industry Comparison
This section compares Northern 2 Vct Plc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $779,959,000
- Average return on equity (ROE) among peers: 9.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Northern 2 Vct Plc (NTV) | GBX137.80 Million | 2.37% | 0.00x | $1.73 Million |
| 3I Infrastructure PLC (3IN) | $1.05 Billion | 8.61% | 0.19x | $44.33 Million |
| Albion Enterprise VCT PLC (AAEV) | $34.66 Million | 4.31% | 0.01x | $3.20 Million |
| abrdn Asian Income Fund Limited (AAIF) | $134.84 Million | 12.81% | 0.12x | $4.98 Million |
| Abrdn Asia Focus PLC (AAS) | $441.01 Million | 6.12% | 0.13x | $6.75 Million |
| Albion Technology & General VCT PLC (AATG) | $127.32 Million | 3.41% | 0.01x | $3.06 Million |
| Abrdn PLC (ABDN) | $5.04 Billion | 4.70% | 0.53x | $48.69 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $382.54 Million | 14.91% | 0.21x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $94.28 Million | 0.32% | 0.01x | $217.99K |
| Aquila European Renewables Income PLC (AERI) | $417.44 Million | 6.38% | 0.01x | $64.28 Million |
| Artemis UK Future Leaders plc (AFL) | $80.20 Million | 34.52% | 0.07x | $464.11 |
About Northern 2 Vct Plc
Northern 2 VCT PLC is a venture capital trust specializing in direct and fund of funds investments. It prefer to invest in growth capital investments. Within direct, the fund seeks to invest in middle market, later stage, buyout, mature, and early stage investments. Within fund of funds, it makes private equity fund investments. The fund prefers to invest in unquoted and AIM-quoted companies in t… Read more