Volta Finance Ltd
Volta Finance Limited is a closed-ended fixed income mutual fund launched and managed by AXA Investment Managers Paris S.A. The fund invests in the fixed income markets of Europe and the United States. It primarily invests in corporate credits, sovereign and quasi-sovereign debt, residential mortgage loans, CDOs, ABS, leveraged loans, automobile loans, and debt interests in infrastructure assets.… Read more
Volta Finance Ltd (VTAS) - Net Assets
Latest net assets as of January 2025: GBX278.98 Million GBX
Based on the latest financial reports, Volta Finance Ltd (VTAS) has net assets worth GBX278.98 Million GBX as of January 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX287.91 Million) and total liabilities (GBX8.93 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX278.98 Million |
| % of Total Assets | 96.9% |
| Annual Growth Rate | 2.88% |
| 5-Year Change | 25.29% |
| 10-Year Change | -12.81% |
| Growth Volatility | 29.98 |
Volta Finance Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Volta Finance Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Volta Finance Ltd (2008–2024)
The table below shows the annual net assets of Volta Finance Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-07-31 | GBX260.85 Million | +10.54% |
| 2023-07-31 | GBX235.98 Million | +3.66% |
| 2022-07-31 | GBX227.65 Million | -14.52% |
| 2021-07-31 | GBX266.33 Million | +27.92% |
| 2020-07-31 | GBX208.20 Million | -28.35% |
| 2019-07-31 | GBX290.59 Million | -4.94% |
| 2018-07-31 | GBX305.70 Million | +0.06% |
| 2017-07-31 | GBX305.50 Million | +5.61% |
| 2016-07-31 | GBX289.28 Million | -3.31% |
| 2015-07-31 | GBX299.19 Million | +9.33% |
| 2014-07-31 | GBX273.65 Million | +11.11% |
| 2013-07-31 | GBX246.30 Million | +44.06% |
| 2012-07-31 | GBX170.97 Million | +19.92% |
| 2011-07-31 | GBX142.57 Million | +44.62% |
| 2010-07-31 | GBX98.58 Million | +68.71% |
| 2009-07-31 | GBX58.43 Million | -64.70% |
| 2008-07-31 | GBX165.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Volta Finance 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 grown by 31258447400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (July 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX225.05 Million | 86.27% |
| Common Stock | GBX35.81 Million | 13.73% |
| Total Equity | GBX260.85 Million | 100.00% |
Volta Finance Ltd Competitors by Market Cap
The table below lists competitors of Volta Finance Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
P. O. L. I. C. Y LTD
SEM:POL
|
$621.66 |
|
EV Digital Invest AG
F:ENGL
|
$621.89 |
|
Dekeloil Public Ltd
LSE:DKL
|
$622.05 |
|
Kootenay Resources Inc.
V:KTRI
|
$622.12 |
|
TV AZTECA CPO
MU:G4Z
|
$620.30 |
|
UAC OF NIGERIA PLC
XNSA:UACN
|
$620.10 |
|
Sindh Modaraba Management Ltd
KAR:SINDM
|
$619.38 |
|
Haseeb Waqas Sugar Mills Limited
KAR:HWQS
|
$619.13 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Volta Finance Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 235,983,088 to 260,854,844, a change of 24,871,756 (10.5%).
- Net income of 44,965,561 contributed positively to equity growth.
- Dividend payments of 20,118,536 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX44.97 Million | +17.24% |
| Dividends Paid | GBX20.12 Million | -7.71% |
| Other Changes | GBX24.73K | +0.01% |
| Total Change | GBX- | 10.54% |
Book Value vs Market Value Analysis
This analysis compares Volta Finance 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: 72.22x
- 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 decreased from 93.39x to 72.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-07-31 | GBX5.51 | GBX515.00 | x |
| 2009-07-31 | GBX1.94 | GBX515.00 | x |
| 2010-07-31 | GBX3.25 | GBX515.00 | x |
| 2011-07-31 | GBX4.66 | GBX515.00 | x |
| 2012-07-31 | GBX5.50 | GBX515.00 | x |
| 2013-07-31 | GBX7.51 | GBX515.00 | x |
| 2014-07-31 | GBX7.61 | GBX515.00 | x |
| 2015-07-31 | GBX8.20 | GBX515.00 | x |
| 2016-07-31 | GBX7.92 | GBX515.00 | x |
| 2017-07-31 | GBX8.36 | GBX515.00 | x |
| 2018-07-31 | GBX8.36 | GBX515.00 | x |
| 2019-07-31 | GBX7.94 | GBX515.00 | x |
| 2020-07-31 | GBX5.69 | GBX515.00 | x |
| 2021-07-31 | GBX7.28 | GBX515.00 | x |
| 2022-07-31 | GBX6.22 | GBX515.00 | x |
| 2023-07-31 | GBX6.45 | GBX515.00 | x |
| 2024-07-31 | GBX7.13 | GBX515.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Volta Finance 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): 17.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 97.14%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.09x
- Recent ROE (17.24%) is above the historical average (-1.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -42.65% | -181.32% | 0.23x | 1.01x | GBX-87.15 Million |
| 2009 | -167.22% | -513.00% | 0.32x | 1.01x | GBX-103.56 Million |
| 2010 | 40.39% | 241.43% | 0.16x | 1.03x | GBX29.96 Million |
| 2011 | 21.74% | 108.96% | 0.20x | 1.02x | GBX16.74 Million |
| 2012 | 29.58% | 89.22% | 0.32x | 1.03x | GBX33.47 Million |
| 2013 | 21.97% | 97.19% | 0.22x | 1.02x | GBX29.47 Million |
| 2014 | 16.10% | 96.96% | 0.16x | 1.01x | GBX16.68 Million |
| 2015 | 15.92% | 95.28% | 0.14x | 1.16x | GBX17.72 Million |
| 2016 | 4.35% | 89.39% | 0.04x | 1.18x | GBX-16.34 Million |
| 2017 | 12.68% | 96.84% | 0.11x | 1.18x | GBX8.18 Million |
| 2018 | 7.43% | 93.65% | 0.07x | 1.18x | GBX-7.86 Million |
| 2019 | 2.44% | 82.35% | 0.02x | 1.19x | GBX-21.98 Million |
| 2020 | -30.27% | 0.00% | -0.29x | 1.03x | GBX-83.84 Million |
| 2021 | 28.83% | 98.57% | 0.28x | 1.06x | GBX50.14 Million |
| 2022 | -7.84% | 0.00% | -0.07x | 1.07x | GBX-40.61 Million |
| 2023 | 11.43% | 95.64% | 0.11x | 1.08x | GBX3.38 Million |
| 2024 | 17.24% | 97.14% | 0.16x | 1.09x | GBX18.88 Million |
Industry Comparison
This section compares Volta Finance Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $395,694,700
- Average return on equity (ROE) among peers: -81.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Volta Finance Ltd (VTAS) | GBX278.98 Million | -42.65% | 0.03x | $620.40 |
| 3I Infrastructure PLC (3IN) | $1.09 Billion | 8.57% | 0.18x | $396.99K |
| 450 PLC (450) | $1.30 Million | -791.13% | 5.03x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $431.48 Million | 11.10% | 0.09x | $315.37 |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $434.78 |
| Albion Technology & General VCT PLC (AATG) | $34.46 Million | 4.41% | 0.01x | $78.71 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $492.42 Million | 0.00% | 0.32x | $16.61 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $2.45K |
| Artemis UK Future Leaders plc (AFL) | $84.35 Million | -40.52% | 0.02x | $401.26 |
| AVI Global Trust PLC (AGT) | $938.94 Million | 2.59% | 0.12x | $2.83 Million |