Change Financial Ltd (CCA) — Tangible Net Worth Ratio
Change Financial Ltd (CCA) has a Tangible Net Worth Ratio of 19.1% as of December 2025. This metric is calculated by deducting intangible assets (AU$6.25 Million) from net assets (AU$7.73 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. See working capital to net assets of Change Financial Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Change Financial Ltd Tangible Net Worth Ratio (2014–2025)
This chart shows how Change Financial Ltd's Tangible Net Worth Ratio has changed across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 19.1%, reflecting net assets of AU$7.73 Million with intangible assets of AU$6.25 Million AUD. See CCA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Change Financial Ltd (2014–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Change Financial Ltd from 2014 to 2025, covering 12 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 how much is Change Financial Ltd worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 7.7% | AU$6.99 Million | AU$6.45 Million | AU$18.03 Million | ▲ +22.4 pp |
| 2024 | -14.7% | AU$5.88 Million | AU$6.74 Million | AU$12.94 Million | ▼ -39.6 pp |
| 2023 | 24.8% | AU$8.44 Million | AU$6.34 Million | AU$15.30 Million | ▲ +104.1 pp |
| 2022 | -79.2% | AU$3.34 Million | AU$5.99 Million | AU$10.35 Million | ▼ -100.7 pp |
| 2021 | 21.5% | AU$7.02 Million | AU$5.51 Million | AU$12.72 Million | ▼ -78.5 pp |
| 2020 | 100.0% | AU$2.33 Million | AU$1.00 | AU$3.56 Million | ▲ +0.0 pp |
| 2019 | 100.0% | AU$302.33K | AU$1.00 | AU$1.75 Million | ▲ +446.6 pp |
| 2018 | -346.6% | AU$2.30 Million | AU$10.26 Million | AU$2.99 Million | ▼ -435.3 pp |
| 2017 | 88.7% | AU$10.38 Million | AU$1.17 Million | AU$10.91 Million | ▼ -11.3 pp |
| 2016 | 100.0% | AU$11.36 Million | AU$811.00 | AU$11.84 Million | ▲ +105.0 pp |
| 2015 | -5.0% | AU$596.00K | AU$626.00K | AU$1.43 Million | ▼ -29.6 pp |
| 2014 | 24.6% | AU$304.32K | AU$229.59K | AU$315.27K | — |