Vp plc (VP) — Tangible Net Worth Ratio

Latest as of September 2025: 80.8%

Vp plc (VP) has a Tangible Net Worth Ratio of 80.8% as of September 2025. This metric is calculated by deducting intangible assets (GBX28.44 Million) from net assets (GBX148.30 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 how liquid is Vp plc's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

80.8%
Tangible equity / total equity

Net Assets (Equity)

GBX148.30 Million
GBX

Intangible Assets

GBX28.44 Million
Goodwill, patents, brand value

Total Assets

GBX483.02 Million
GBX

Vp plc Tangible Net Worth Ratio (1986–2025)

This chart shows how Vp plc's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2025. As of September 2025, the ratio stands at 80.8%, reflecting net assets of GBX148.30 Million with intangible assets of GBX28.44 Million GBX. See defensive interval ratio of Vp plc to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Vp plc (1986–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Vp plc from 1986 to 2025, covering 40 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 Vp plc stock valuation.

Year Tangible NW Ratio Net Assets (GBX) Intangible Assets Total Assets Change (pp)
2025 92.6% GBX150.40 Million GBX11.13 Million GBX455.22 Million ▼ -0.8 pp
2024 93.4% GBX153.02 Million GBX10.16 Million GBX439.96 Million ▲ +0.8 pp
2023 92.5% GBX174.93 Million GBX13.10 Million GBX469.37 Million ▲ +3.0 pp
2022 89.5% GBX166.59 Million GBX17.48 Million GBX464.47 Million ▲ +2.9 pp
2021 86.6% GBX153.12 Million GBX20.55 Million GBX444.39 Million ▲ +0.5 pp
2020 86.1% GBX169.92 Million GBX23.63 Million GBX508.05 Million ▲ +2.2 pp
2019 83.9% GBX168.88 Million GBX27.18 Million GBX458.34 Million ▲ +4.1 pp
2018 79.8% GBX154.45 Million GBX31.12 Million GBX433.42 Million ▼ -13.9 pp
2017 93.8% GBX137.32 Million GBX8.57 Million GBX314.97 Million ▼ -0.4 pp
2016 94.2% GBX121.35 Million GBX7.06 Million GBX269.80 Million ▲ +0.9 pp
2015 93.2% GBX111.77 Million GBX7.55 Million GBX245.09 Million ▼ -1.7 pp
2014 94.9% GBX107.98 Million GBX5.50 Million GBX219.56 Million ▲ +0.1 pp
2013 94.8% GBX100.92 Million GBX5.29 Million GBX197.58 Million ▲ +37.5 pp
2012 57.2% GBX91.06 Million GBX38.97 Million GBX195.05 Million ▲ +0.5 pp
2011 56.7% GBX91.53 Million GBX39.60 Million GBX185.09 Million ▲ +4.0 pp
2010 52.7% GBX84.19 Million GBX39.83 Million GBX170.99 Million ▲ +6.1 pp
2009 46.6% GBX77.18 Million GBX41.20 Million GBX187.96 Million ▲ +2.6 pp
2008 44.0% GBX73.79 Million GBX41.34 Million GBX184.76 Million ▼ -0.7 pp
2007 44.7% GBX65.55 Million GBX36.26 Million GBX154.64 Million ▲ +1.3 pp
2006 43.4% GBX60.32 Million GBX34.13 Million GBX137.09 Million ▼ -43.1 pp
2005 86.5% GBX55.43 Million GBX7.47 Million GBX86.10 Million ▼ -0.7 pp
2004 87.2% GBX50.36 Million GBX6.45 Million GBX81.55 Million ▼ -1.2 pp
2003 88.4% GBX49.95 Million GBX5.81 Million GBX81.31 Million ▼ -0.1 pp
2002 88.4% GBX46.52 Million GBX5.39 Million GBX78.07 Million ▼ -0.4 pp
2001 88.9% GBX43.86 Million GBX4.89 Million GBX75.94 Million ▼ -6.8 pp
2000 95.7% GBX46.52 Million GBX2.01 Million GBX74.99 Million ▼ -2.4 pp
1999 98.1% GBX46.42 Million GBX877.00K GBX77.64 Million ▼ -1.9 pp
1998 100.0% GBX45.31 Million GBX0.00 GBX75.09 Million ▲ +0.0 pp
1997 100.0% GBX49.77 Million GBX0.00 GBX77.47 Million ▲ +0.0 pp
1996 100.0% GBX56.16 Million GBX0.00 GBX81.04 Million ▲ +0.0 pp
1995 100.0% GBX59.04 Million GBX0.00 GBX103.79 Million ▲ +0.0 pp
1994 100.0% GBX57.16 Million GBX0.00 GBX90.95 Million ▲ +0.0 pp
1993 100.0% GBX57.33 Million GBX0.00 GBX98.08 Million ▲ +0.0 pp
1992 100.0% GBX55.37 Million GBX0.00 GBX106.18 Million ▲ +0.0 pp
1991 100.0% GBX53.85 Million GBX0.00 GBX115.30 Million ▲ +0.0 pp
1990 100.0% GBX51.76 Million GBX0.00 GBX114.04 Million ▲ +0.0 pp
1989 100.0% GBX29.93 Million GBX0.00 GBX74.37 Million ▲ +0.0 pp
1988 100.0% GBX22.06 Million GBX0.00 GBX57.62 Million ▲ +0.0 pp
1987 100.0% GBX16.81 Million GBX0.00 GBX40.47 Million ▲ +0.0 pp
1986 100.0% GBX14.06 Million GBX0.00 GBX30.23 Million
pp = percentage points