C29 Metals Ltd (C29) — Tangible Net Worth Ratio
C29 Metals Ltd (C29) has a Tangible Net Worth Ratio of 93.7% as of December 2025. This metric is calculated by deducting intangible assets (AU$10.93K) from net assets (AU$172.75K) 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 C29 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
C29 Metals Ltd Tangible Net Worth Ratio (2020–2024)
This chart shows how C29 Metals Ltd's Tangible Net Worth Ratio has changed across 5 annual periods from 2020 to 2024. As of December 2025, the ratio stands at 93.7%, reflecting net assets of AU$172.75K with intangible assets of AU$10.93K AUD. See C29 Metals Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for C29 Metals Ltd (2020–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for C29 Metals Ltd from 2020 to 2024, covering 5 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 C29 Metals Ltd market capitalisation.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.6% | AU$3.27 Million | AU$11.56K | AU$3.39 Million | ▼ -0.3 pp |
| 2023 | 99.9% | AU$7.44 Million | AU$6.25K | AU$7.67 Million | ▼ -0.1 pp |
| 2022 | 100.0% | AU$4.46 Million | AU$0.00 | AU$4.87 Million | ▲ +0.0 pp |
| 2021 | 100.0% | AU$5.36 Million | AU$0.00 | AU$5.45 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$376.29K | AU$0.00 | AU$409.16K | — |