Dyno Nobel Ltd (DNL) — Tangible Net Worth Ratio
Dyno Nobel Ltd (DNL) has a Tangible Net Worth Ratio of 36.7% as of March 2026. This metric is calculated by deducting intangible assets (AU$2.56 Billion) from net assets (AU$4.05 Billion) 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 how fast is Dyno Nobel Ltd growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Dyno Nobel Ltd Tangible Net Worth Ratio (2003–2025)
This chart shows how Dyno Nobel Ltd's Tangible Net Worth Ratio has changed across 23 annual periods from 2003 to 2025. As of March 2026, the ratio stands at 36.7%, reflecting net assets of AU$4.05 Billion with intangible assets of AU$2.56 Billion AUD. For live market cap and overall valuation, see how much is Dyno Nobel Ltd worth.
Annual Tangible Net Worth Ratio for Dyno Nobel Ltd (2003–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Dyno Nobel Ltd from 2003 to 2025, covering 23 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 capital reinvestment ratio of Dyno Nobel Ltd 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) |
|---|---|---|---|---|---|
| 2025 | 80.9% | AU$4.43 Billion | AU$847.70 Million | AU$7.83 Billion | ▼ -2.3 pp |
| 2024 | 83.2% | AU$4.84 Billion | AU$812.90 Million | AU$8.40 Billion | ▼ -10.4 pp |
| 2023 | 93.6% | AU$6.43 Billion | AU$409.20 Million | AU$10.55 Billion | ▲ +0.1 pp |
| 2022 | 93.5% | AU$6.29 Billion | AU$408.40 Million | AU$10.86 Billion | ▲ +0.3 pp |
| 2021 | 93.2% | AU$5.37 Billion | AU$364.10 Million | AU$9.39 Billion | ▲ +0.6 pp |
| 2020 | 92.7% | AU$5.20 Billion | AU$381.60 Million | AU$9.29 Billion | ▲ +2.4 pp |
| 2019 | 90.3% | AU$4.69 Billion | AU$455.00 Million | AU$9.38 Billion | ▼ -0.7 pp |
| 2018 | 91.0% | AU$4.74 Billion | AU$428.20 Million | AU$8.95 Billion | ▼ -0.8 pp |
| 2017 | 91.8% | AU$4.76 Billion | AU$389.30 Million | AU$8.82 Billion | ▲ +0.8 pp |
| 2016 | 91.0% | AU$4.58 Billion | AU$412.30 Million | AU$8.67 Billion | ▲ +0.9 pp |
| 2015 | 90.1% | AU$4.69 Billion | AU$463.10 Million | AU$9.20 Billion | ▼ -0.5 pp |
| 2014 | 90.7% | AU$4.41 Billion | AU$411.80 Million | AU$7.97 Billion | ▲ +0.7 pp |
| 2013 | 90.0% | AU$4.22 Billion | AU$423.20 Million | AU$7.68 Billion | ▼ -0.2 pp |
| 2012 | 90.2% | AU$4.03 Billion | AU$395.40 Million | AU$7.01 Billion | ▲ +1.7 pp |
| 2011 | 88.5% | AU$3.71 Billion | AU$425.70 Million | AU$7.00 Billion | ▲ +1.0 pp |
| 2010 | 87.6% | AU$3.61 Billion | AU$449.10 Million | AU$6.31 Billion | ▲ +2.5 pp |
| 2009 | 85.1% | AU$3.38 Billion | AU$503.70 Million | AU$6.63 Billion | ▲ +2.7 pp |
| 2008 | 82.4% | AU$3.16 Billion | AU$554.80 Million | AU$8.19 Billion | ▼ -15.7 pp |
| 2007 | 98.1% | AU$535.00 Million | AU$9.90 Million | AU$1.64 Billion | ▲ +1.4 pp |
| 2006 | 96.7% | AU$380.00 Million | AU$12.40 Million | AU$1.30 Billion | ▼ -3.3 pp |
| 2005 | 100.0% | AU$565.16 Million | AU$0.00 | AU$856.34 Million | ▲ +0.0 pp |
| 2004 | 100.0% | AU$631.52 Million | AU$0.00 | AU$971.39 Million | ▲ +0.0 pp |
| 2003 | 100.0% | AU$573.38 Million | AU$0.00 | AU$867.15 Million | — |