Errawarra Resources Ltd (ERW) — Tangible Net Worth Ratio
Errawarra Resources Ltd (ERW) 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$476.51K) 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 ERW total equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Errawarra Resources Ltd Tangible Net Worth Ratio (2012–2023)
This chart shows how Errawarra Resources Ltd's Tangible Net Worth Ratio has changed across 7 annual periods from 2012 to 2023. As of December 2024, the ratio stands at 100.0%, reflecting net assets of AU$476.51K with intangible assets of AU$0.00 AUD. Also explore net asset momentum of Errawarra Resources Ltd to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Errawarra Resources Ltd (2012–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Errawarra Resources Ltd from 2012 to 2023, covering 7 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 how much is Errawarra Resources Ltd worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | AU$1.75 Million | AU$0.00 | AU$2.34 Million | ▲ +0.0 pp |
| 2022 | 100.0% | AU$732.15K | AU$0.00 | AU$1.45 Million | ▲ +0.0 pp |
| 2021 | 100.0% | AU$2.50 Million | AU$0.00 | AU$3.46 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$3.28 Million | AU$0.00 | AU$3.59 Million | ▲ +0.0 pp |
| 2019 | 100.0% | AU$6.27 Million | AU$0.00 | AU$6.29 Million | ▲ +0.0 pp |
| 2013 | 100.0% | AU$69.85K | AU$0.00 | AU$254.56K | ▲ +0.0 pp |
| 2012 | 100.0% | AU$178.64K | AU$0.00 | AU$367.63K | — |