Victorian Plumbing Group PLC (VIC) — Tangible Net Worth Ratio
Victorian Plumbing Group PLC (VIC) has a Tangible Net Worth Ratio of 91.5% as of March 2026. This metric is calculated by deducting intangible assets (GBX5.40 Million) from net assets (GBX63.50 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Victorian Plumbing Group PLC net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Victorian Plumbing Group PLC Tangible Net Worth Ratio (2019–2025)
This chart shows how Victorian Plumbing Group PLC's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 91.5%, reflecting net assets of GBX63.50 Million with intangible assets of GBX5.40 Million GBX. For live market cap and overall valuation, see Victorian Plumbing Group PLC market cap and net worth.
Annual Tangible Net Worth Ratio for Victorian Plumbing Group PLC (2019–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Victorian Plumbing Group PLC from 2019 to 2025, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore VIC capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 92.2% | GBX60.60 Million | GBX4.70 Million | GBX168.40 Million | ▲ +1.2 pp |
| 2024 | 91.0% | GBX52.30 Million | GBX4.70 Million | GBX158.50 Million | ▼ -0.8 pp |
| 2023 | 91.8% | GBX48.80 Million | GBX4.00 Million | GBX99.00 Million | ▼ -0.7 pp |
| 2022 | 92.5% | GBX44.00 Million | GBX3.30 Million | GBX94.50 Million | ▲ +1.3 pp |
| 2021 | 91.2% | GBX30.80 Million | GBX2.70 Million | GBX80.70 Million | ▲ +10.5 pp |
| 2020 | 80.8% | GBX13.00 Million | GBX2.50 Million | GBX55.10 Million | ▲ +45.1 pp |
| 2019 | 35.7% | GBX2.80 Million | GBX1.80 Million | GBX32.00 Million | — |