8COMMON Ltd Tangible Net Worth Ratio
8COMMON Ltd tangible net worth ratio. 8COMMON Ltd (8CO) has a Tangible Net Worth Ratio of -404.5% as of June 2024. This metric is calculated by deducting intangible assets (AU$2.11 Million) from net assets (AU$417.31K) 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 8CO shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of 8COMMON Ltd (2014–2024)
Tangible net worth ratio of 8COMMON Ltd from 2014 to 2024. This chart shows how 8COMMON Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of June 2024, the ratio stands at -404.5%, reflecting net assets of AU$417.31K with intangible assets of AU$2.11 Million AUD. Check how strategically is 8COMMON Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
8COMMON Ltd Tangible Net Worth Ratio by Year (2014–2024)
8COMMON Ltd tangible net worth ratio by year from 2014 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for 8COMMON Ltd from 2014 to 2024, covering 11 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 live market cap and overall valuation, see 8COMMON Ltd (8CO) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -404.5% | AU$417.31K | AU$2.11 Million | AU$3.15 Million | ▼ -419.4 pp |
| 2023 | 14.9% | AU$3.05 Million | AU$2.59 Million | AU$5.74 Million | ▼ -29.9 pp |
| 2022 | 44.8% | AU$6.89 Million | AU$3.80 Million | AU$8.73 Million | ▼ -10.5 pp |
| 2021 | 55.3% | AU$5.12 Million | AU$2.29 Million | AU$6.97 Million | ▼ -3.9 pp |
| 2020 | 59.2% | AU$4.33 Million | AU$1.77 Million | AU$5.42 Million | ▼ -6.9 pp |
| 2019 | 66.1% | AU$6.04 Million | AU$2.05 Million | AU$7.55 Million | ▼ -9.2 pp |
| 2018 | 75.3% | AU$6.04 Million | AU$1.49 Million | AU$7.43 Million | ▲ +17.7 pp |
| 2017 | 57.6% | AU$4.67 Million | AU$1.98 Million | AU$7.98 Million | ▼ -9.0 pp |
| 2016 | 66.6% | AU$5.92 Million | AU$1.98 Million | AU$7.99 Million | ▲ +5.3 pp |
| 2015 | 61.3% | AU$6.57 Million | AU$2.54 Million | AU$9.73 Million | ▼ -10.2 pp |
| 2014 | 71.4% | AU$6.31 Million | AU$1.80 Million | AU$8.02 Million | — |