Adavale Resources Ltd (ADD) — Tangible Net Worth Ratio
Adavale Resources Ltd (ADD) has a Tangible Net Worth Ratio of 100.0% as of December 2024. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$324.07K) 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 working capital position of Adavale Resources Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Adavale Resources Ltd Tangible Net Worth Ratio (1989–2024)
This chart shows how Adavale Resources Ltd's Tangible Net Worth Ratio has changed across 25 annual periods from 1989 to 2024. As of December 2024, the ratio stands at 100.0%, reflecting net assets of AU$324.07K with intangible assets of AU$0.00 AUD. See ADD defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Adavale Resources Ltd (1989–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Adavale Resources Ltd from 1989 to 2024, covering 25 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 Adavale Resources Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | AU$288.17K | AU$0.00 | AU$360.69K | ▲ +0.0 pp |
| 2022 | 100.0% | AU$210.97K | AU$0.00 | AU$505.74K | ▲ +0.0 pp |
| 2021 | 100.0% | AU$997.92K | AU$0.00 | AU$1.47 Million | ▲ +27119.1 pp |
| 2017 | -27019.1% | AU$64.73K | AU$17.55 Million | AU$66.47K | ▼ -27119.1 pp |
| 2014 | 100.0% | AU$140.61 | AU$0.00 | AU$950.25 | ▲ +105.1 pp |
| 2013 | -5.1% | AU$999.47K | AU$1.05 Million | AU$1.40 Million | ▼ -85.6 pp |
| 2012 | 80.5% | AU$5.40 Million | AU$1.05 Million | AU$5.61 Million | ▼ -4.9 pp |
| 2011 | 85.5% | AU$7.22 Million | AU$1.05 Million | AU$7.41 Million | ▲ +3.2 pp |
| 2010 | 82.3% | AU$5.92 Million | AU$1.05 Million | AU$6.19 Million | ▲ +1.0 pp |
| 2009 | 81.2% | AU$7.99 Million | AU$1.50 Million | AU$8.11 Million | ▼ -1.2 pp |
| 2008 | 82.4% | AU$8.54 Million | AU$1.50 Million | AU$8.77 Million | ▲ +15.4 pp |
| 2007 | 67.1% | AU$4.55 Million | AU$1.50 Million | AU$4.71 Million | ▼ -32.9 pp |
| 2006 | 100.0% | AU$1.19 Million | AU$0.00 | AU$1.35 Million | ▲ +67.2 pp |
| 2000 | 32.8% | AU$7.75 Million | AU$5.21 Million | AU$11.51 Million | ▼ -67.2 pp |
| 1999 | 100.0% | AU$548.27K | AU$0.00 | AU$1.27 Million | ▲ +0.0 pp |
| 1998 | 100.0% | AU$2.37 Million | AU$0.00 | AU$5.53 Million | ▲ +0.0 pp |
| 1997 | 100.0% | AU$45.18 Million | AU$0.00 | AU$48.76 Million | ▲ +50.6 pp |
| 1996 | 49.4% | AU$11.45 Million | AU$5.79 Million | AU$16.07 Million | ▼ -5.6 pp |
| 1995 | 55.0% | AU$13.29 Million | AU$5.98 Million | AU$14.87 Million | ▼ -45.0 pp |
| 1994 | 100.0% | AU$11.86 Million | AU$0.00 | AU$13.44 Million | ▲ +4.5 pp |
| 1993 | 95.5% | AU$12.05 Million | AU$541.00K | AU$18.42 Million | ▼ -4.5 pp |
| 1992 | 100.0% | AU$396.00K | AU$0.00 | AU$481.00K | ▲ +0.0 pp |
| 1991 | 100.0% | AU$86.00K | AU$0.00 | AU$103.00K | ▲ +0.0 pp |
| 1990 | 100.0% | AU$174.00K | AU$0.00 | AU$192.00K | ▲ +0.0 pp |
| 1989 | 100.0% | AU$386.00K | AU$0.00 | AU$401.00K | — |