Appen Ltd (APX) — Tangible Net Worth Ratio
Appen Ltd (APX) has a Tangible Net Worth Ratio of 81.0% as of June 2026. This metric is calculated by deducting intangible assets (AU$17.62 Million) from net assets (AU$92.97 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. Also explore APX 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
Appen Ltd Tangible Net Worth Ratio (2009–2025)
This chart shows how Appen Ltd's Tangible Net Worth Ratio has changed across 16 annual periods from 2009 to 2025. As of June 2026, the ratio stands at 81.0%, reflecting net assets of AU$92.97 Million with intangible assets of AU$17.62 Million AUD. For live market cap and overall valuation, see Appen Ltd stock valuation.
Annual Tangible Net Worth Ratio for Appen Ltd (2009–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Appen Ltd from 2009 to 2025, covering 16 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. Explore capital reinvestment ratio of Appen Ltd to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 83.3% | AU$94.67 Million | AU$15.82 Million | AU$152.57 Million | ▲ +9.7 pp |
| 2024 | 73.6% | AU$114.32 Million | AU$30.18 Million | AU$170.59 Million | ▲ +2.9 pp |
| 2023 | 70.7% | AU$92.69 Million | AU$27.14 Million | AU$154.98 Million | ▲ +44.8 pp |
| 2022 | 26.0% | AU$149.13 Million | AU$110.41 Million | AU$256.91 Million | ▲ +7.3 pp |
| 2021 | 18.6% | AU$390.67 Million | AU$317.85 Million | AU$500.62 Million | ▼ -7.6 pp |
| 2020 | 26.2% | AU$484.27 Million | AU$357.41 Million | AU$598.21 Million | ▲ +8.9 pp |
| 2019 | 17.3% | AU$481.78 Million | AU$398.58 Million | AU$634.14 Million | ▲ +2.7 pp |
| 2018 | 14.5% | AU$139.40 Million | AU$119.14 Million | AU$239.99 Million | ▲ +39.0 pp |
| 2017 | -24.5% | AU$93.41 Million | AU$116.25 Million | AU$188.05 Million | ▼ -83.4 pp |
| 2016 | 58.9% | AU$35.40 Million | AU$14.54 Million | AU$54.03 Million | ▼ -34.1 pp |
| 2015 | 93.0% | AU$20.87 Million | AU$1.46 Million | AU$30.59 Million | ▲ +5.9 pp |
| 2014 | 87.1% | AU$19.66 Million | AU$2.54 Million | AU$30.15 Million | ▲ +48.6 pp |
| 2013 | 38.5% | AU$15.60 Million | AU$9.60 Million | AU$23.80 Million | ▲ +78.9 pp |
| 2012 | -40.4% | AU$5.87 Million | AU$8.24 Million | AU$19.17 Million | ▲ +61.8 pp |
| 2011 | -102.3% | AU$4.13 Million | AU$8.35 Million | AU$19.66 Million | ▲ +216.3 pp |
| 2009 | -318.5% | AU$124.00K | AU$519.00K | AU$6.19 Million | — |