Classic Minerals Ltd (CLZ) — Tangible Net Worth Ratio

Latest as of December 2021: 100.0%

Classic Minerals Ltd (CLZ) has a Tangible Net Worth Ratio of 100.0% as of December 2021. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$793.33K) 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 Classic Minerals Ltd annual equity growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

AU$793.33K
AUD

Intangible Assets

AU$0.00
Goodwill, patents, brand value

Total Assets

AU$10.09 Million
AUD

Classic Minerals Ltd Tangible Net Worth Ratio (2013–2021)

This chart shows how Classic Minerals Ltd's Tangible Net Worth Ratio has changed across 5 annual periods from 2013 to 2021. As of December 2021, the ratio stands at 100.0%, reflecting net assets of AU$793.33K with intangible assets of AU$0.00 AUD. For live market cap and overall valuation, see CLZ stock market capitalisation.

Annual Tangible Net Worth Ratio for Classic Minerals Ltd (2013–2021)

The table below presents the year-by-year Tangible Net Worth Ratio for Classic Minerals Ltd from 2013 to 2021, 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. Explore CLZ capital expenditure intensity 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)
2021 100.0% AU$168.88K AU$0.00 AU$10.84 Million ▲ +0.0 pp
2018 100.0% AU$560.86 AU$0.00 AU$3.84K ▲ +0.0 pp
2016 100.0% AU$609.56 AU$0.00 AU$3.96K ▲ +39.8 pp
2014 60.2% AU$3.02K AU$1.20K AU$5.38K ▼ -39.8 pp
2013 100.0% AU$2.17 Million AU$0.00 AU$2.94 Million
pp = percentage points