Empire Resources Ltd (ERL) — Tangible Net Worth Ratio
Empire Resources Ltd (ERL) has a Tangible Net Worth Ratio of 100.0% as of December 2024. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$140.97K) 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 Empire Resources Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Empire Resources Ltd Tangible Net Worth Ratio (2006–2024)
This chart shows how Empire Resources Ltd's Tangible Net Worth Ratio has changed across 18 annual periods from 2006 to 2024. As of December 2024, the ratio stands at 100.0%, reflecting net assets of AU$140.97K with intangible assets of AU$0.00 AUD. See ERL cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Empire Resources Ltd (2006–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Empire Resources Ltd from 2006 to 2024, covering 18 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 ERL market cap.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | AU$613.98K | AU$0.00 | AU$803.95K | ▲ +0.0 pp |
| 2023 | 100.0% | AU$904.85K | AU$0.00 | AU$1.04 Million | ▲ +0.0 pp |
| 2022 | 100.0% | AU$1.85 Million | AU$0.00 | AU$2.04 Million | ▲ +0.0 pp |
| 2021 | 100.0% | AU$3.04 Million | AU$0.00 | AU$5.15 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$2.85 Million | AU$0.00 | AU$4.68 Million | ▲ +0.0 pp |
| 2019 | 100.0% | AU$1.03 Million | AU$0.00 | AU$1.38 Million | ▲ +0.0 pp |
| 2018 | 100.0% | AU$1.04 Million | AU$0.00 | AU$2.51 Million | ▲ +0.0 pp |
| 2017 | 100.0% | AU$843.46K | AU$0.00 | AU$5.14 Million | ▲ +0.0 pp |
| 2015 | 100.0% | AU$51.92K | AU$0.00 | AU$382.15K | ▲ +0.0 pp |
| 2014 | 100.0% | AU$33.90K | AU$0.00 | AU$434.16K | ▲ +0.0 pp |
| 2013 | 100.0% | AU$608.64K | AU$0.00 | AU$762.75K | ▲ +0.0 pp |
| 2012 | 100.0% | AU$1.31 Million | AU$0.00 | AU$1.54 Million | ▲ +0.0 pp |
| 2011 | 100.0% | AU$2.68 Million | AU$0.00 | AU$2.98 Million | ▲ +0.0 pp |
| 2010 | 100.0% | AU$1.83 Million | AU$0.00 | AU$1.96 Million | ▲ +0.0 pp |
| 2009 | 100.0% | AU$781.80K | AU$0.00 | AU$883.09K | ▲ +0.0 pp |
| 2008 | 100.0% | AU$986.17K | AU$0.00 | AU$1.51 Million | ▲ +0.0 pp |
| 2007 | 100.0% | AU$8.41 Million | AU$0.00 | AU$8.93 Million | ▲ +0.0 pp |
| 2006 | 100.0% | AU$7.94 Million | AU$0.00 | AU$8.02 Million | — |