Northern Venture Trust (NVT) - Net Assets
Based on the latest financial reports, Northern Venture Trust (NVT) has net assets worth GBX138.16 Million GBX (≈ $16.81K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX138.37 Million ≈ $16.84K USD) and total liabilities (GBX208.00K ≈ $25.31 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 NVT asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX138.16 Million |
| % of Total Assets | 99.85% |
| Annual Growth Rate | 8.01% |
| 5-Year Change | 34.8% |
| 10-Year Change | 81.17% |
| Growth Volatility | 30.5 |
Northern Venture Trust - Net Assets Trend (1996–2026)
This chart illustrates how Northern Venture Trust's net assets have evolved over time, based on quarterly financial data. Check NVT tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Northern Venture Trust (1996–2026)
The table below shows the annual net assets of Northern Venture Trust from 1996 to 2026. For live valuation and market cap data, see market cap of Northern Venture Trust.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX138.16 Million ≈ $16.81K |
+4.90% |
| 2025-09-30 | GBX131.70 Million ≈ $16.02K |
+8.62% |
| 2025-03-31 | GBX121.25 Million ≈ $14.75K |
+5.59% |
| 2024-03-31 | GBX114.83 Million ≈ $13.97K |
+12.03% |
| 2022-09-30 | GBX102.50 Million ≈ $12.47K |
-14.08% |
| 2021-09-30 | GBX119.30 Million ≈ $14.52K |
+5.77% |
| 2020-09-30 | GBX112.79 Million ≈ $13.72K |
+17.91% |
| 2019-09-30 | GBX95.66 Million ≈ $11.64K |
+1.86% |
| 2018-09-30 | GBX93.91 Million ≈ $11.43K |
+23.14% |
| 2017-09-30 | GBX76.26 Million ≈ $9.28K |
-1.22% |
| 2016-09-30 | GBX77.20 Million ≈ $9.39K |
-2.21% |
| 2015-09-30 | GBX78.95 Million ≈ $9.61K |
-5.48% |
| 2014-09-30 | GBX83.52 Million ≈ $10.16K |
+23.99% |
| 2013-09-30 | GBX67.36 Million ≈ $8.20K |
+6.04% |
| 2012-09-30 | GBX63.52 Million ≈ $7.73K |
+1.53% |
| 2011-09-30 | GBX62.57 Million ≈ $7.61K |
+24.11% |
| 2010-09-30 | GBX50.41 Million ≈ $6.13K |
+54.63% |
| 2009-09-30 | GBX32.60 Million ≈ $3.97K |
+4.77% |
| 2008-09-30 | GBX31.12 Million ≈ $3.79K |
-7.48% |
| 2007-09-30 | GBX33.63 Million ≈ $4.09K |
+1.55% |
| 2006-09-30 | GBX33.12 Million ≈ $4.03K |
-1.23% |
| 2005-09-30 | GBX33.53 Million ≈ $4.08K |
-5.13% |
| 2004-09-30 | GBX35.34 Million ≈ $4.30K |
+3.96% |
| 2003-09-30 | GBX34.00 Million ≈ $4.14K |
+4.19% |
| 2002-09-30 | GBX32.63 Million ≈ $3.97K |
-12.96% |
| 2001-09-30 | GBX37.49 Million ≈ $4.56K |
-30.63% |
| 2000-09-30 | GBX54.04 Million ≈ $6.58K |
+60.63% |
| 1999-09-30 | GBX33.64 Million ≈ $4.09K |
-9.53% |
| 1998-09-30 | GBX37.19 Million ≈ $4.52K |
+6.69% |
| 1997-09-30 | GBX34.85 Million ≈ $4.24K |
+147.32% |
| 1996-09-30 | GBX14.09 Million ≈ $1.71K |
+0.86% |
| 1996-06-30 | GBX13.97 Million ≈ $1.70K |
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Equity Component Analysis
This analysis shows how different components contribute to Northern Venture 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | GBX138.16 Million | 100.00% |
| Total Equity | GBX138.16 Million | 100.00% |
Northern Venture Trust Competitors by Market Cap
The table below lists competitors of Northern Venture Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Freight Technologies Inc
NASDAQ:FRGT
|
$1.75 Million |
|
Northern 3 Vct Plc
LSE:NTN
|
$1.75 Million |
|
Lord Resources Ltd
AU:LRD
|
$1.75 Million |
|
AnalytixInsight Inc
V:ALY
|
$1.76 Million |
|
Synthomer plc
LSE:SYNT
|
$1.75 Million |
|
Anatara Lifesciences Ltd
AU:ANR
|
$1.75 Million |
|
Northcliff Citranusa Indonesia Tbk PT
JK:SKYB
|
$1.75 Million |
|
GlucoTrack Inc
NASDAQ:GCTK
|
$1.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northern Venture Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 131,704,000 to 138,164,000, a change of 6,460,000 (4.9%).
- Net loss of 1,387,000 reduced equity.
- Dividend payments of 7,115,000 reduced retained earnings.
- Share repurchases of 5,498,000 reduced equity.
- New share issuances of 31,943,000 increased equity.
- Other comprehensive income decreased equity by 12,745,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-1.39 Million | -1.0% |
| Dividends Paid | GBX7.12 Million | -5.15% |
| Share Repurchases | GBX5.50 Million | -3.98% |
| Share Issuances | GBX31.94 Million | +23.12% |
| Other Comprehensive Income | GBX-12.74 Million | -9.22% |
| Other Changes | GBX1.26 Million | +0.91% |
| Total Change | GBX- | 4.90% |
Book Value vs Market Value Analysis
This analysis compares Northern Venture 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: 95.13x
- 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 58.50x to 95.13x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-09-30 | GBX0.94 | GBX55.00 | x |
| 1997-09-30 | GBX1.43 | GBX55.00 | x |
| 1998-09-30 | GBX1.03 | GBX55.00 | x |
| 1999-09-30 | GBX0.90 | GBX55.00 | x |
| 2000-09-30 | GBX1.43 | GBX55.00 | x |
| 2001-09-30 | GBX0.92 | GBX55.00 | x |
| 2002-09-30 | GBX0.82 | GBX55.00 | x |
| 2003-09-30 | GBX0.84 | GBX55.00 | x |
| 2004-09-30 | GBX0.89 | GBX55.00 | x |
| 2005-09-30 | GBX0.86 | GBX55.00 | x |
| 2006-09-30 | GBX0.86 | GBX55.00 | x |
| 2007-09-30 | GBX0.88 | GBX55.00 | x |
| 2008-09-30 | GBX0.80 | GBX55.00 | x |
| 2009-09-30 | GBX0.81 | GBX55.00 | x |
| 2010-09-30 | GBX0.85 | GBX55.00 | x |
| 2011-09-30 | GBX0.94 | GBX55.00 | x |
| 2012-09-30 | GBX0.88 | GBX55.00 | x |
| 2013-09-30 | GBX0.91 | GBX55.00 | x |
| 2014-09-30 | GBX0.89 | GBX55.00 | x |
| 2015-09-30 | GBX0.83 | GBX55.00 | x |
| 2016-09-30 | GBX0.81 | GBX55.00 | x |
| 2017-09-30 | GBX0.76 | GBX55.00 | x |
| 2018-09-30 | GBX0.72 | GBX55.00 | x |
| 2019-09-30 | GBX0.70 | GBX55.00 | x |
| 2020-09-30 | GBX0.76 | GBX55.00 | x |
| 2021-09-30 | GBX0.75 | GBX55.00 | x |
| 2022-09-30 | GBX0.69 | GBX55.00 | x |
| 2024-03-31 | GBX0.64 | GBX55.00 | x |
| 2025-03-31 | GBX0.61 | GBX55.00 | x |
| 2025-09-30 | GBX0.60 | GBX55.00 | x |
| 2026-03-31 | GBX0.58 | GBX55.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northern Venture 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): -1.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.01x
- • Equity Multiplier: 1.00x
- Recent ROE (-1.00%) is below the historical average (3.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 0.89% | 60.29% | 0.01x | 1.03x | GBX-1.28 Million |
| 1997 | 2.30% | 72.45% | 0.03x | 1.02x | GBX-2.68 Million |
| 1998 | 3.05% | 70.17% | 0.04x | 1.02x | GBX-2.58 Million |
| 1999 | -4.45% | -121.10% | 0.04x | 1.02x | GBX-4.86 Million |
| 2000 | 1.87% | 82.77% | 0.02x | 1.05x | GBX-4.40 Million |
| 2001 | 2.28% | 66.38% | 0.03x | 1.01x | GBX-2.90 Million |
| 2002 | 2.21% | 80.27% | 0.03x | 1.02x | GBX-2.54 Million |
| 2003 | 2.07% | 81.13% | 0.02x | 1.05x | GBX-2.69 Million |
| 2004 | 2.81% | 80.29% | 0.03x | 1.11x | GBX-2.54 Million |
| 2005 | 2.63% | 0.00% | 0.00x | 1.00x | GBX-2.47 Million |
| 2006 | 3.29% | 0.00% | 0.00x | 1.01x | GBX-2.22 Million |
| 2007 | 2.71% | 0.00% | 0.00x | 1.01x | GBX-2.45 Million |
| 2008 | 2.94% | 0.00% | 0.00x | 1.01x | GBX-2.20 Million |
| 2009 | 4.05% | 0.00% | 0.00x | 1.01x | GBX-1.94 Million |
| 2010 | 1.36% | 0.00% | 0.00x | 1.00x | GBX-4.36 Million |
| 2011 | 1.56% | 52.85% | 0.03x | 1.00x | GBX-5.28 Million |
| 2012 | 1.48% | 53.38% | 0.03x | 1.00x | GBX-5.41 Million |
| 2013 | 14.94% | 96.14% | 0.13x | 1.23x | GBX3.33 Million |
| 2014 | 7.95% | 93.82% | 0.08x | 1.00x | GBX-1.71 Million |
| 2015 | 8.64% | 93.74% | 0.09x | 1.01x | GBX-1.07 Million |
| 2016 | 12.40% | 96.02% | 0.13x | 1.01x | GBX1.85 Million |
| 2017 | 4.82% | 90.01% | 0.05x | 1.00x | GBX-3.95 Million |
| 2018 | 4.56% | 90.30% | 0.05x | 1.00x | GBX-5.11 Million |
| 2019 | 2.98% | 86.20% | 0.03x | 1.00x | GBX-6.72 Million |
| 2020 | 9.70% | 95.84% | 0.10x | 1.00x | GBX-339.10K |
| 2021 | 18.51% | 97.91% | 0.18x | 1.02x | GBX10.16 Million |
| 2022 | -10.59% | 0.00% | -0.10x | 1.00x | GBX-21.10 Million |
| 2024 | 2.80% | 83.38% | 0.03x | 1.00x | GBX-8.27 Million |
| 2025 | 6.99% | 93.39% | 0.07x | 1.01x | GBX-3.64 Million |
| 2025 | 6.13% | 184.64% | 0.03x | 1.00x | GBX-5.09 Million |
| 2026 | -1.00% | 0.00% | -0.01x | 1.00x | GBX-15.20 Million |
Industry Comparison
This section compares Northern Venture Trust's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,062,924,700
- Average return on equity (ROE) among peers: 4.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Northern Venture Trust (NVT) | GBX138.16 Million | 0.89% | 0.00x | $1.75 Million |
| 3I Infrastructure PLC (3IN) | $1.09 Billion | 8.57% | 0.18x | $42.64 Million |
| Albion Enterprise VCT PLC (AAEV) | $44.47 Million | 4.86% | 0.01x | $3.29 Million |
| abrdn Asian Income Fund Limited (AAIF) | $371.12 Million | -2.98% | 0.04x | $5.27 Million |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $7.06 Million |
| Albion Technology & General VCT PLC (AATG) | $72.65 Million | 5.77% | 0.01x | $3.15 Million |
| Abrdn PLC (ABDN) | $7.54 Billion | 11.01% | 0.66x | $52.35 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $413.68 Million | 2.10% | 0.15x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $94.28 Million | 0.32% | 0.01x | $237.81K |
| Aquila European Renewables Income PLC (AERI) | $316.90 Million | -0.37% | 0.13x | $62.41 Million |
| Artemis UK Future Leaders plc (AFL) | $220.75 Million | 16.27% | 0.00x | $445.96 |
About Northern Venture Trust
Northern Venture Trust PLC is a venture capital trust specializing in direct and fund of funds investments. The fund seeks to make investments in middle market, buyouts, later stage, and mature companies. Within fund of funds, it makes private equity fund investments. The fund typically invests between £2 million ($3.11 million) and £10 million ($15.59 million) in companies with enterprise values… Read more