Northern Venture Trust (LSE:NVT) Total Assets : £115.02 Mil (As of Mar. 2024)

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What is Northern Venture Trust Total Assets?

Northern Venture Trust's Total Assets for the quarter that ended in Mar. 2024 was £115.02 Mil.

During the past 12 months, Northern Venture Trust's average Total Assets Growth Rate was -13.80% per year. During the past 3 years, the average Total Assets Growth Rate was 4.30% per year. During the past 5 years, the average Total Assets Growth Rate was 7.00% per year. During the past 10 years, the average Total Assets Growth Rate was 4.70% per year.

During the past 13 years, Northern Venture Trust's highest 3-Year average Total Assets Growth Rate was 37.10%. The lowest was -14.80%. And the median was 3.45%.

Total Assets is connected with ROA %. Northern Venture Trust's annualized ROA % for the quarter that ended in Mar. 2024 was 1.75%. Total Assets is also linked to Revenue through Asset Turnover. Northern Venture Trust's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Northern Venture Trust Total Assets Historical Data

The historical data trend for Northern Venture Trust's Total Assets can be seen below:

* 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.

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Northern Venture Trust Total Assets Chart

Northern Venture Trust Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Mar24

Total Assets

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94.02

95.75

113.22

121.98

115.02

Northern Venture Trust Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep23	Mar24
Total Assets	Get a 7-Day Free Trial															126.86	121.98	110.01	106.79	115.02

Northern Venture Trust Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Northern Venture Trust's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	114.831	+	0.191
	=	115.02

Northern Venture Trust's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	114.831	+	0.191
	=	115.02

Northern Venture Trust (LSE:NVT) Total Assets Explanation

Total Assets is connected with ROA %.

Northern Venture Trust's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	1.944	/	( (106.788	+	115.022)	/ 2 )
	=	1.944	/	110.905
	=	1.75 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Northern Venture Trust's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	1.268	/	( (106.788	+	115.022)	/ 2 )
=	1.268	/	110.905
=	0.01

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Northern Venture Trust Total Assets Related Terms

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Northern Venture Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Northern Venture Trust PLC (LSE:NVT) » Definitions » Total Assets

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Address

17 High Street, Forward House, Henley-in-Arden, GBR, B95 5AA

Website

https://www.mercia.co.uk

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.