Victorian Plumbing Group PLC (VIC) — Tangible Net Worth Ratio
Victorian Plumbing Group PLC (VIC) has a Tangible Net Worth Ratio of 92.2% as of September 2025. This metric is calculated by deducting intangible assets (GBX4.70 Million) from net assets (GBX60.60 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. See VIC working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
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 September 2025, the ratio stands at 92.2%, reflecting net assets of GBX60.60 Million with intangible assets of GBX4.70 Million GBX. See operational self-sufficiency of Victorian Plumbing Group PLC to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see market cap of Victorian Plumbing Group PLC.
| 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 | — |