RTW Venture Fund Ltd (RTW) - Net Assets
Based on the latest financial reports, RTW Venture Fund Ltd (RTW) has net assets worth $865.22 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.07 Billion) and total liabilities ($203.82 Million). 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 tangible equity quality of RTW Venture Fund Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $865.22 Million |
| % of Total Assets | 80.93% |
| Annual Growth Rate | 47.89% |
| 5-Year Change | 123.36% |
| 10-Year Change | N/A |
| Growth Volatility | 70.89 |
RTW Venture Fund Ltd - Net Assets Trend (2017–2025)
This chart illustrates how RTW Venture Fund Ltd's net assets have evolved over time, based on quarterly financial data. See RTW Venture Fund Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for RTW Venture Fund Ltd (2017–2025)
The table below shows the annual net assets of RTW Venture Fund Ltd from 2017 to 2025. For live valuation and market cap data, see RTW market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $865.22 Million | +36.76% |
| 2024-12-31 | $632.64 Million | +47.46% |
| 2023-12-31 | $429.02 Million | +23.31% |
| 2022-12-31 | $347.92 Million | -10.18% |
| 2021-12-31 | $387.36 Million | -6.12% |
| 2020-12-31 | $412.61 Million | +92.46% |
| 2019-12-31 | $214.39 Million | +226.20% |
| 2018-12-31 | $65.72 Million | +73.87% |
| 2017-12-31 | $37.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RTW Venture Fund Ltd'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 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $865.22 Million | 100.00% |
| Total Equity | $865.22 Million | 100.00% |
RTW Venture Fund Ltd Competitors by Market Cap
The table below lists competitors of RTW Venture Fund Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sun Create Electronics Co., Ltd
SHG:600990
|
$729.08 Million |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
$729.10 Million |
|
Zhejiang Wellsun Intelligent Tech
SHE:300882
|
$729.13 Million |
|
Tamboran Resources Corporation
AU:TBN
|
$729.18 Million |
|
Great Southern Bancorp Inc
NASDAQ:GSBC
|
$728.75 Million |
|
Merry Electronics Co Ltd
TW:2439
|
$728.72 Million |
|
Ducgiang Chemicals & Detergent Powder Joint Co
VN:DGC
|
$728.68 Million |
|
Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd
SHE:300478
|
$728.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RTW Venture Fund Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 606,921,161 to 865,222,854, a change of 258,301,693 (42.6%).
- Net income of 245,192,677 contributed positively to equity growth.
- Share repurchases of 12,613,508 reduced equity.
- Other factors increased equity by 25,722,524.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $245.19 Million | +28.34% |
| Share Repurchases | $12.61 Million | -1.46% |
| Other Changes | $25.72 Million | +2.97% |
| Total Change | $- | 42.56% |
Book Value vs Market Value Analysis
This analysis compares RTW Venture Fund Ltd'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: 1.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.51x to 1.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.41 | $2.24 | x |
| 2019-12-31 | $1.50 | $2.24 | x |
| 2020-12-31 | $1.72 | $2.24 | x |
| 2021-12-31 | $1.63 | $2.24 | x |
| 2022-12-31 | $1.41 | $2.24 | x |
| 2023-12-31 | $1.91 | $2.24 | x |
| 2024-12-31 | $1.86 | $2.24 | x |
| 2025-12-31 | $2.22 | $2.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RTW Venture Fund Ltd 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): 28.34%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 95.03%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.24x
- Recent ROE (28.34%) is above the historical average (15.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 42.48% | 99.75% | 0.43x | 1.00x | $21.35 Million |
| 2019 | 18.06% | 97.50% | 0.18x | 1.01x | $17.28 Million |
| 2020 | 38.94% | 98.70% | 0.39x | 1.02x | $119.39 Million |
| 2021 | -16.61% | 0.00% | -0.14x | 1.13x | $-103.08 Million |
| 2022 | -12.09% | 0.00% | -0.09x | 1.23x | $-72.04 Million |
| 2023 | 20.84% | 94.69% | 0.20x | 1.12x | $43.26 Million |
| 2024 | 5.63% | 78.57% | 0.06x | 1.25x | $-26.51 Million |
| 2025 | 28.34% | 95.03% | 0.24x | 1.24x | $158.67 Million |
Industry Comparison
This section compares RTW Venture Fund Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $694,184,000
- Average return on equity (ROE) among peers: -2.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RTW Venture Fund Ltd (RTW) | $865.22 Million | 42.48% | 0.24x | $728.95 Million |
| 3I Infrastructure PLC (3IN) | $1.73 Billion | 8.43% | 0.10x | $41.47 Million |
| Albion Enterprise VCT PLC (AAEV) | $29.60 Million | 11.61% | 0.01x | $3.29 Million |
| abrdn Asian Income Fund Limited (AAIF) | $329.43 Million | -11.14% | 0.12x | $5.79 Million |
| Abrdn Asia Focus PLC (AAS) | $260.99 Million | 9.18% | 0.13x | $7.40 Million |
| Albion Technology & General VCT PLC (AATG) | $11.90 Million | 2.76% | 0.01x | $3.15 Million |
| Abrdn PLC (ABDN) | $3.74 Billion | 2.67% | 35.62x | $50.91 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $363.36 Million | -0.20% | 0.06x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $95.23 Million | 0.14% | 0.02x | $233.84K |
| Aquila European Renewables Income PLC (AERI) | $214.33 Million | -44.07% | 0.02x | $56.72 Million |
| Artemis UK Future Leaders plc (AFL) | $161.40 Million | -4.55% | 0.06x | $404.27 |
About RTW Venture Fund Ltd
RTW Biotech Opportunities Ltd is a venture capital fund. The fund specializes in directly investing and early-stage. The fund specializes in identifying transformative assets with high growth potential across the life sciences, biopharmaceutical and medical technology sectors. The fund invests in companies developing next-generation therapies and technologies that can significantly improve patien… Read more