Triplepoint Venture Growth BDC Corp
TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-co… Read more
Triplepoint Venture Growth BDC Corp (TPVG) - Net Assets
Latest net assets as of September 2025: $355.05 Million USD
Based on the latest financial reports, Triplepoint Venture Growth BDC Corp (TPVG) has net assets worth $355.05 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($835.51 Million) and total liabilities ($480.46 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 | $355.05 Million |
| % of Total Assets | 42.5% |
| Annual Growth Rate | 123.36% |
| 5-Year Change | -13.67% |
| 10-Year Change | 49.23% |
| Growth Volatility | 83258.5 |
Triplepoint Venture Growth BDC Corp - Net Assets Trend (2013–2024)
This chart illustrates how Triplepoint Venture Growth BDC Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Triplepoint Venture Growth BDC Corp (2013–2024)
The table below shows the annual net assets of Triplepoint Venture Growth BDC Corp from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $345.69 Million | -0.18% |
| 2023-12-31 | $346.31 Million | -17.53% |
| 2022-12-31 | $419.94 Million | -3.35% |
| 2021-12-31 | $434.49 Million | +8.50% |
| 2020-12-31 | $400.44 Million | +14.94% |
| 2019-12-31 | $348.39 Million | +4.14% |
| 2018-12-31 | $334.53 Million | +42.39% |
| 2017-12-31 | $234.94 Million | +8.84% |
| 2016-12-31 | $215.86 Million | -6.81% |
| 2015-12-31 | $231.65 Million | +59.78% |
| 2014-12-31 | $144.98 Million | +289626.22% |
| 2013-12-31 | $50.04K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Triplepoint Venture Growth BDC Corp'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 16843300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $401.00K | 0.12% |
| Other Components | $513.72 Million | 148.61% |
| Total Equity | $345.69 Million | 100.00% |
Triplepoint Venture Growth BDC Corp Competitors by Market Cap
The table below lists competitors of Triplepoint Venture Growth BDC Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yeedex Electronic Corporation
TWO:7556
|
$49.95K |
|
VITA 34 N - Dusseldorf Stock Exchang
DU:V3V
|
$49.96K |
|
ULTRALIFE (ULB.SG)
STU:ULB
|
$49.96K |
|
Foresight Environmental Infrastructure Limited
LSE:FGEN
|
$49.99K |
|
DAIO PAPER CORP
BE:DPR
|
$49.92K |
|
M'BISHI CHEM HLDGS - Dusseldorf Stock Exchang
DU:M3C
|
$49.90K |
|
Sues Canal Company For Technology Settling
EGX:SCTS
|
$49.88K |
|
OJI HOLDINGS - Dusseldorf Stock Exchang
DU:OJI
|
$49.87K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Triplepoint Venture Growth BDC Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 346,306,000 to 345,687,000, a change of -619,000 (-0.2%).
- Net income of 32,046,000 contributed positively to equity growth.
- Dividend payments of 52,090,000 reduced retained earnings.
- New share issuances of 19,425,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $32.05 Million | +9.27% |
| Dividends Paid | $52.09 Million | -15.07% |
| Share Issuances | $19.43 Million | +5.62% |
| Total Change | $- | -0.18% |
Book Value vs Market Value Analysis
This analysis compares Triplepoint Venture Growth BDC Corp'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: 0.60x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.36x to 0.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $14.69 | $5.29 | x |
| 2015-12-31 | $15.40 | $5.29 | x |
| 2016-12-31 | $13.36 | $5.29 | x |
| 2017-12-31 | $14.39 | $5.29 | x |
| 2018-12-31 | $16.33 | $5.29 | x |
| 2019-12-31 | $13.38 | $5.29 | x |
| 2020-12-31 | $13.10 | $5.29 | x |
| 2021-12-31 | $14.04 | $5.29 | x |
| 2022-12-31 | $12.85 | $5.29 | x |
| 2023-12-31 | $9.70 | $5.29 | x |
| 2024-12-31 | $8.84 | $5.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Triplepoint Venture Growth BDC Corp 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): 9.27%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 45.02%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.21x
- Recent ROE (9.27%) is above the historical average (6.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.83% | 57.28% | 0.09x | 2.25x | $2.65 Million |
| 2015 | 6.70% | 68.87% | 0.06x | 1.65x | $-7.64 Million |
| 2016 | 5.15% | 47.45% | 0.05x | 2.01x | $-10.46 Million |
| 2017 | 8.18% | 57.05% | 0.07x | 2.17x | $-4.27 Million |
| 2018 | 10.93% | 88.05% | 0.09x | 1.40x | $3.11 Million |
| 2019 | 9.55% | 79.00% | 0.06x | 2.06x | $-1.49 Million |
| 2020 | 8.82% | 84.06% | 0.06x | 1.71x | $-4.74 Million |
| 2021 | 17.62% | 91.83% | 0.09x | 2.14x | $33.11 Million |
| 2022 | -4.78% | -149.83% | 0.01x | 2.42x | $-62.06 Million |
| 2023 | -11.50% | -667.02% | 0.01x | 2.83x | $-74.45 Million |
| 2024 | 9.27% | 45.02% | 0.09x | 2.21x | $-2.52 Million |
Industry Comparison
This section compares Triplepoint Venture Growth BDC Corp's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Triplepoint Venture Growth BDC Corp (TPVG) | $355.05 Million | 11.83% | 1.35x | $49.94K |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |