Dyno Nobel Ltd (DNL) — Tangible Net Worth Ratio
Dyno Nobel Ltd (DNL) has a Tangible Net Worth Ratio of 80.9% as of September 2025. This metric is calculated by deducting intangible assets (AU$847.70 Million) from net assets (AU$4.43 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. See Dyno Nobel Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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 September 2025, the ratio stands at 80.9%, reflecting net assets of AU$4.43 Billion with intangible assets of AU$847.70 Million AUD. See DNL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see DNL market cap overview.
| 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 | — |