Astute Metals NL (ASE) — Tangible Net Worth Ratio
Astute Metals NL (ASE) has a Tangible Net Worth Ratio of 100.0% as of June 2024. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$18.13 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 ASE 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
Astute Metals NL Tangible Net Worth Ratio (1989–2024)
This chart shows how Astute Metals NL's Tangible Net Worth Ratio has changed across 25 annual periods from 1989 to 2024. As of June 2024, the ratio stands at 100.0%, reflecting net assets of AU$18.13 Million with intangible assets of AU$0.00 AUD. For live market cap and overall valuation, see Astute Metals NL (ASE) total market value.
Annual Tangible Net Worth Ratio for Astute Metals NL (1989–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Astute Metals NL 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. See Astute Metals NL (ASE) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | AU$18.13 Million | AU$0.00 | AU$18.85 Million | ▲ +0.0 pp |
| 2023 | 100.0% | AU$19.10 Million | AU$0.00 | AU$19.98 Million | ▲ +0.0 pp |
| 2022 | 100.0% | AU$11.16 Million | AU$0.00 | AU$11.91 Million | ▲ +0.0 pp |
| 2021 | 100.0% | AU$8.58 Million | AU$0.00 | AU$8.81 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$1.01 Million | AU$0.00 | AU$4.25 Million | ▲ +0.0 pp |
| 2019 | 100.0% | AU$1.72 Million | AU$0.00 | AU$3.55 Million | ▲ +0.0 pp |
| 2018 | 100.0% | AU$1.56 Million | AU$0.00 | AU$2.96 Million | ▲ +0.0 pp |
| 2017 | 100.0% | AU$2.51 Million | AU$0.00 | AU$2.71 Million | ▲ +0.0 pp |
| 2016 | 100.0% | AU$195.46K | AU$0.00 | AU$2.59 Million | ▲ +0.0 pp |
| 2014 | 100.0% | AU$2.80 Million | AU$0.00 | AU$4.38 Million | ▲ +0.0 pp |
| 2013 | 100.0% | AU$3.92 Million | AU$0.00 | AU$4.09 Million | ▲ +0.0 pp |
| 2012 | 100.0% | AU$4.72 Million | AU$0.00 | AU$5.61 Million | ▲ +0.0 pp |
| 2011 | 100.0% | AU$3.49 Million | AU$0.00 | AU$4.00 Million | ▲ +0.0 pp |
| 2010 | 100.0% | AU$3.36 Million | AU$0.00 | AU$3.96 Million | ▲ +0.0 pp |
| 2008 | 100.0% | AU$532.10K | AU$0.00 | AU$663.37K | ▲ +0.0 pp |
| 2007 | 100.0% | AU$1.32 Million | AU$0.00 | AU$1.72 Million | ▲ +0.0 pp |
| 2006 | 100.0% | AU$1.66 Million | AU$0.00 | AU$2.52 Million | ▲ +0.0 pp |
| 2005 | 100.0% | AU$1.34 Million | AU$0.00 | AU$2.81 Million | ▲ +0.0 pp |
| 2001 | 100.0% | AU$220.00K | AU$0.00 | AU$12.27 Million | ▲ +0.0 pp |
| 2000 | 100.0% | AU$2.48 Million | AU$0.00 | AU$12.34 Million | ▲ +0.0 pp |
| 1998 | 100.0% | AU$10.70 Million | AU$0.00 | AU$12.02 Million | ▲ +0.0 pp |
| 1997 | 100.0% | AU$3.16 Million | AU$0.00 | AU$9.51 Million | ▲ +0.0 pp |
| 1996 | 100.0% | AU$860.20K | AU$0.00 | AU$4.52 Million | ▲ +0.0 pp |
| 1995 | 100.0% | AU$562.00K | AU$0.00 | AU$2.18 Million | ▲ +0.0 pp |
| 1989 | 100.0% | AU$13.14 Million | AU$0.00 | AU$14.85 Million | — |