Northern Venture Trust (LSE:NVT) Scaled Net Operating Assets: 0.77 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSE:NVT Northern Venture Trust PLC LSE:NVT
32 GF Score
Price £0.58
! 3 Warning Signs
View Full Analysis

What is Northern Venture Trust Scaled Net Operating Assets?

Northern Venture Trust LSE:NVT 32 Scaled Net Operating Assets is 0.77 as of Mar. 2026. GuruFocus rates LSE:NVT with a GF Score™ of 32/100. The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Northern Venture Trust's operating assets for the quarter that ended in Mar. 2026 was £101.87 Mil. Northern Venture Trust's operating liabilities for the quarter that ended in Mar. 2026 was £0.21 Mil. Northern Venture Trust's Total Assets for the quarter that ended in Sep. 2025 was £131.89 Mil. Therefore, Northern Venture Trust's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.77.

LSE:NVT
32GF Score
Northern Venture Trust PLC LSE:NVT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northern Venture Trust Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Northern Venture Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(101.873-0.208)/121.871
=0.83

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=138.372 - 36.499
=101.873

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.208 - 0 - 0
=0.208

Northern Venture Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(101.873-0.208)/131.892
=0.77

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=138.372 - 36.499
=101.873

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.208 - 0 - 0
=0.208

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.77 mean?
Northern Venture Trust (LSE:NVT) has a Scaled Net Operating Assets of 0.77 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Northern Venture Trust and its competitors.
Is Northern Venture Trust's Scaled Net Operating Assets too high?
Northern Venture Trust's current Scaled Net Operating Assets is 0.77. Overall, Northern Venture Trust has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Northern Venture Trust's Scaled Net Operating Assets compare to BLK and BX?
Northern Venture Trust's Scaled Net Operating Assets of 0.77 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Northern Venture Trust and its competitors. Northern Venture Trust's current Scaled Net Operating Assets is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Venture Trust stock overvalued right now?
Northern Venture Trust (LSE:NVT) has a current Scaled Net Operating Assets of 0.77. The current Scaled Net Operating Assets is 0.77. Northern Venture Trust's overall GF Score™ is 32/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Northern Venture Trust (LSE:NVT), the current Scaled Net Operating Assets is 0.77 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Northern Venture Trust Business Description

Address 17 High Street, Forward House, Henley-in-Arden, GBR, B95 5AA
Northern Venture Trust PLC is a venture capital trust. The company's principal activity includes making long-term equity and loan investments. Mainly it invests in unquoted companies in the United Kingdom manufacturing and service businesses. Its objective is to provide high long-term tax-free returns to investors through a combination of dividend yield and capital growth. The company's portfolio of investment includes various sectors such as Technology, media, telecommunications, Business services, Healthcare, Oil and gas, Leisure, Consumer, and Industrials.
32GF Score

Get the complete analysis for LSE:NVT

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.58
Price