DMC Mining Ltd (DMM) — Tangible Net Worth Ratio

Latest as of December 2023: 100.0%

DMC Mining Ltd (DMM) has a Tangible Net Worth Ratio of 100.0% as of December 2023. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$2.13 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. See working capital position of DMC Mining Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

AU$2.13 Million
AUD

Intangible Assets

AU$0.00
Goodwill, patents, brand value

Total Assets

AU$2.27 Million
AUD

DMC Mining Ltd Tangible Net Worth Ratio (2007–2023)

This chart shows how DMC Mining Ltd's Tangible Net Worth Ratio has changed across 6 annual periods from 2007 to 2023. As of December 2023, the ratio stands at 100.0%, reflecting net assets of AU$2.13 Million with intangible assets of AU$0.00 AUD. See defensive interval ratio of DMC Mining Ltd to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for DMC Mining Ltd (2007–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for DMC Mining Ltd from 2007 to 2023, covering 6 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 DMM company net worth.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2023 100.0% AU$2.59 Million AU$0.00 AU$2.68 Million ▲ +0.0 pp
2022 100.0% AU$4.70 Million AU$0.00 AU$4.91 Million ▲ +0.0 pp
2021 100.0% AU$365.66K AU$0.00 AU$367.87K ▲ +0.0 pp
2009 100.0% AU$11.98 Million AU$0.00 AU$14.15 Million ▲ +0.0 pp
2008 100.0% AU$15.33 Million AU$0.00 AU$15.97 Million ▲ +0.0 pp
2007 100.0% AU$195.00K AU$0.00 AU$3.01 Million
pp = percentage points