Navigator Holdings Ltd (NVGS) - Net Assets
Based on the latest financial reports, Navigator Holdings Ltd (NVGS) has net assets worth $1.27 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.30 Billion) and total liabilities ($1.03 Billion). 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 asset resilience ratio of Navigator Holdings Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.27 Billion |
| % of Total Assets | 55.03% |
| Annual Growth Rate | 8.69% |
| 5-Year Change | 32.25% |
| 10-Year Change | 36.95% |
| Growth Volatility | 14.34 |
Navigator Holdings Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Navigator Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Navigator Holdings Ltd for the complete picture of this company's asset base.
Annual Net Assets for Navigator Holdings Ltd (2007–2024)
The table below shows the annual net assets of Navigator Holdings Ltd from 2007 to 2024. For live valuation and market cap data, see NVGS company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.25 Billion | +1.08% |
| 2023-12-31 | $1.23 Billion | +5.08% |
| 2022-12-31 | $1.17 Billion | +5.01% |
| 2021-12-31 | $1.12 Billion | +18.58% |
| 2020-12-31 | $942.39 Million | +0.27% |
| 2019-12-31 | $939.90 Million | -1.59% |
| 2018-12-31 | $955.11 Million | -0.84% |
| 2017-12-31 | $963.21 Million | +0.70% |
| 2016-12-31 | $956.48 Million | +5.10% |
| 2015-12-31 | $910.09 Million | +12.95% |
| 2014-12-31 | $805.73 Million | +11.81% |
| 2013-12-31 | $720.65 Million | +60.92% |
| 2012-12-31 | $447.82 Million | +20.37% |
| 2011-12-31 | $372.03 Million | +7.24% |
| 2010-12-31 | $346.92 Million | +3.89% |
| 2009-12-31 | $333.93 Million | +9.45% |
| 2008-12-31 | $305.10 Million | +0.90% |
| 2007-12-31 | $302.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Navigator Holdings 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 2237.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $404.52 Million | 33.56% |
| Common Stock | $695.00K | 0.06% |
| Other Comprehensive Income | $-548.00K | -0.05% |
| Other Components | $800.80 Million | 66.43% |
| Total Equity | $1.21 Billion | 100.00% |
Navigator Holdings Ltd Competitors by Market Cap
The table below lists competitors of Navigator Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Onechance
SHE:300792
|
$1.23 Billion |
|
Shanghai Suochen Information Technology Co. Ltd. A
SHG:688507
|
$1.23 Billion |
|
Tibet GaoZheng Explosive Co Ltd
SHE:002827
|
$1.23 Billion |
|
AnShan Heavy Duty Mining Machinery Co Ltd
SHE:002667
|
$1.23 Billion |
|
Jingsu Jingshen Salt&Chem
SHG:603299
|
$1.23 Billion |
|
Guangdong Guanhao High-Tech Co Ltd
SHG:600433
|
$1.23 Billion |
|
Berkshire Hills Bancorp Inc
NYSE:BHLB
|
$1.23 Billion |
|
Aavas Financiers Limited
NSE:AAVAS
|
$1.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Navigator Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,190,274,000 to 1,205,469,000, a change of 15,195,000 (1.3%).
- Net income of 85,571,000 contributed positively to equity growth.
- Dividend payments of 14,254,000 reduced retained earnings.
- Share repurchases of 57,055,000 reduced equity.
- Other comprehensive income decreased equity by 396,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $85.57 Million | +7.1% |
| Dividends Paid | $14.25 Million | -1.18% |
| Share Repurchases | $57.05 Million | -4.73% |
| Other Comprehensive Income | $-396.00K | -0.03% |
| Other Changes | $1.33 Million | +0.11% |
| Total Change | $- | 1.28% |
Book Value vs Market Value Analysis
This analysis compares Navigator Holdings 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: 1.35x
- 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 2.25x to 1.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $10.08 | $22.66 | x |
| 2008-12-31 | $10.09 | $22.66 | x |
| 2009-12-31 | $10.79 | $22.66 | x |
| 2010-12-31 | $11.18 | $22.66 | x |
| 2011-12-31 | $11.93 | $22.66 | x |
| 2012-12-31 | $12.01 | $22.66 | x |
| 2013-12-31 | $15.66 | $22.66 | x |
| 2014-12-31 | $14.52 | $22.66 | x |
| 2015-12-31 | $16.34 | $22.66 | x |
| 2016-12-31 | $17.14 | $22.66 | x |
| 2017-12-31 | $17.24 | $22.66 | x |
| 2018-12-31 | $17.17 | $22.66 | x |
| 2019-12-31 | $16.84 | $22.66 | x |
| 2020-12-31 | $16.83 | $22.66 | x |
| 2021-12-31 | $17.22 | $22.66 | x |
| 2022-12-31 | $14.99 | $22.66 | x |
| 2023-12-31 | $15.95 | $22.66 | x |
| 2024-12-31 | $16.78 | $22.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Navigator Holdings 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): 7.10%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.10%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.81x
- Recent ROE (7.10%) is above the historical average (4.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 8.85% | 52.04% | 0.17x | 1.02x | $-3.49 Million |
| 2008 | 0.73% | 3.73% | 0.17x | 1.16x | $-28.28 Million |
| 2009 | 8.00% | 36.83% | 0.16x | 1.35x | $-6.68 Million |
| 2010 | 4.32% | 18.29% | 0.18x | 1.30x | $-19.69 Million |
| 2011 | 5.01% | 20.98% | 0.17x | 1.41x | $-18.55 Million |
| 2012 | 6.82% | 20.81% | 0.18x | 1.86x | $-14.25 Million |
| 2013 | 5.69% | 17.20% | 0.18x | 1.84x | $-31.08 Million |
| 2014 | 10.48% | 27.71% | 0.22x | 1.70x | $3.89 Million |
| 2015 | 10.78% | 31.12% | 0.20x | 1.73x | $7.08 Million |
| 2016 | 4.67% | 15.18% | 0.17x | 1.80x | $-51.01 Million |
| 2017 | 0.55% | 1.78% | 0.16x | 1.92x | $-91.01 Million |
| 2018 | -0.60% | -1.85% | 0.17x | 1.92x | $-101.25 Million |
| 2019 | -1.78% | -5.54% | 0.16x | 1.99x | $-110.69 Million |
| 2020 | -0.05% | -0.13% | 0.18x | 1.96x | $-94.50 Million |
| 2021 | -2.78% | -7.62% | 0.19x | 1.94x | $-142.35 Million |
| 2022 | 4.60% | 11.29% | 0.23x | 1.80x | $-62.78 Million |
| 2023 | 6.91% | 14.94% | 0.25x | 1.85x | $-36.77 Million |
| 2024 | 7.10% | 15.10% | 0.26x | 1.81x | $-34.98 Million |
Industry Comparison
This section compares Navigator Holdings Ltd's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $842,292,442
- Average return on equity (ROE) among peers: 9.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Navigator Holdings Ltd (NVGS) | $1.27 Billion | 8.85% | 0.82x | $1.23 Billion |
| Antero Midstream Partners LP (AM) | $2.19 Billion | 14.88% | 1.64x | $10.01 Billion |
| CBL International Limited Ordinary Shares (BANL) | $22.77 Million | -16.41% | 2.04x | $12.00 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $268.94 Million | 15.44% | 0.00x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $105.09 Million | 25.91% | 3.51x | $284.93 Million |
| Cheniere Energy Partners LP (CQP) | $-253.34 Million | 0.00% | 0.00x | $30.47 Billion |
| Cheniere Energy Partners LP (CQP) | $-545.02 Million | 0.00% | 0.00x | $25.77 Billion |
| DHT Holdings Inc (DHT) | $147.82 Million | 28.51% | 2.60x | $2.56 Billion |
| Dynagas LNG Partners LP (DLNG) | $367.84 Million | 16.33% | 2.01x | $140.07 Million |
| DT Midstream Inc (DTM) | $4.23 Billion | 7.38% | 0.97x | $12.24 Billion |
| Excelerate Energy Inc (EE) | $1.89 Billion | 1.74% | 0.53x | $1.10 Billion |
About Navigator Holdings Ltd
Navigator Holdings Ltd. owns and operates a fleet of liquefied gas carriers worldwide. It engages in the international and regional seaborne transportation of petrochemical gases, liquefied petroleum gases, and ammonia for energy companies, industrial users, and commodity traders. The company also provides ship shore infrastructure and consultancy services. It operates through a fleet of 56 semi-… Read more