Nova EYE Medical Ltd (EYE) — Tangible Net Worth Ratio
Nova EYE Medical Ltd (EYE) has a Tangible Net Worth Ratio of 37.2% as of December 2025. This metric is calculated by deducting intangible assets (AU$9.93 Million) from net assets (AU$15.82 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 to net assets of Nova EYE Medical Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Nova EYE Medical Ltd Tangible Net Worth Ratio (1989–2025)
This chart shows how Nova EYE Medical Ltd's Tangible Net Worth Ratio has changed across 37 annual periods from 1989 to 2025. As of December 2025, the ratio stands at 37.2%, reflecting net assets of AU$15.82 Million with intangible assets of AU$9.93 Million AUD. See Nova EYE Medical Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Nova EYE Medical Ltd (1989–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Nova EYE Medical Ltd from 1989 to 2025, covering 37 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 market cap of Nova EYE Medical Ltd.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 63.8% | AU$18.97 Million | AU$6.86 Million | AU$26.50 Million | ▼ -3.2 pp |
| 2024 | 67.0% | AU$21.33 Million | AU$7.03 Million | AU$29.88 Million | ▲ +24.5 pp |
| 2023 | 42.5% | AU$23.19 Million | AU$13.32 Million | AU$30.36 Million | ▲ +1.8 pp |
| 2022 | 40.7% | AU$30.40 Million | AU$18.02 Million | AU$36.62 Million | ▼ -25.1 pp |
| 2021 | 65.8% | AU$35.34 Million | AU$12.10 Million | AU$41.99 Million | ▼ -23.4 pp |
| 2020 | 89.2% | AU$100.59 Million | AU$10.88 Million | AU$116.74 Million | ▼ -5.0 pp |
| 2019 | 94.1% | AU$68.80 Million | AU$4.03 Million | AU$99.89 Million | ▼ -0.6 pp |
| 2018 | 94.7% | AU$73.24 Million | AU$3.88 Million | AU$103.47 Million | ▲ +1.5 pp |
| 2017 | 93.2% | AU$56.93 Million | AU$3.88 Million | AU$86.54 Million | ▲ +1.7 pp |
| 2016 | 91.5% | AU$48.26 Million | AU$4.09 Million | AU$71.99 Million | ▲ +2.5 pp |
| 2015 | 89.0% | AU$39.79 Million | AU$4.37 Million | AU$58.98 Million | ▼ -0.6 pp |
| 2014 | 89.6% | AU$36.95 Million | AU$3.83 Million | AU$54.23 Million | ▼ -7.7 pp |
| 2013 | 97.4% | AU$30.83 Million | AU$814.00K | AU$47.35 Million | ▼ -0.2 pp |
| 2012 | 97.5% | AU$32.06 Million | AU$791.00K | AU$44.93 Million | ▼ 0.0 pp |
| 2011 | 97.6% | AU$30.32 Million | AU$739.00K | AU$48.38 Million | ▼ -0.3 pp |
| 2010 | 97.9% | AU$33.19 Million | AU$704.00K | AU$51.58 Million | ▼ -0.1 pp |
| 2009 | 98.0% | AU$30.05 Million | AU$609.00K | AU$50.91 Million | ▲ +12.5 pp |
| 2008 | 85.5% | AU$47.94 Million | AU$6.95 Million | AU$71.94 Million | ▼ -0.8 pp |
| 2007 | 86.3% | AU$43.38 Million | AU$5.94 Million | AU$63.69 Million | ▼ -13.5 pp |
| 2006 | 99.9% | AU$35.14 Million | AU$47.00K | AU$46.48 Million | ▼ -0.1 pp |
| 2005 | 99.9% | AU$28.99 Million | AU$21.00K | AU$39.05 Million | ▼ 0.0 pp |
| 2004 | 99.9% | AU$30.48 Million | AU$21.00K | AU$38.31 Million | ▼ 0.0 pp |
| 2003 | 100.0% | AU$30.59 Million | AU$7.00K | AU$37.08 Million | ▲ +0.0 pp |
| 2002 | 100.0% | AU$30.81 Million | AU$15.00K | AU$38.77 Million | ▼ 0.0 pp |
| 2001 | 100.0% | AU$789.86K | AU$0.00 | AU$1.15 Million | ▲ +0.0 pp |
| 2000 | 100.0% | AU$333.16K | AU$0.00 | AU$534.07K | ▲ +0.0 pp |
| 1999 | 100.0% | AU$519.02K | AU$0.00 | AU$567.06K | ▲ +0.0 pp |
| 1998 | 100.0% | AU$971.14K | AU$0.00 | AU$1.01 Million | ▲ +0.0 pp |
| 1997 | 100.0% | AU$1.64 Million | AU$0.00 | AU$1.73 Million | ▲ +0.0 pp |
| 1996 | 100.0% | AU$1.72 Million | AU$0.00 | AU$1.76 Million | ▲ +0.0 pp |
| 1995 | 100.0% | AU$1.20 Million | AU$0.00 | AU$1.23 Million | ▲ +0.0 pp |
| 1994 | 100.0% | AU$280.00K | AU$0.00 | AU$305.00K | ▲ +0.0 pp |
| 1993 | 100.0% | AU$486.00K | AU$0.00 | AU$545.00K | ▲ +0.0 pp |
| 1992 | 100.0% | AU$741.00K | AU$0.00 | AU$844.00K | ▲ +0.0 pp |
| 1991 | 100.0% | AU$1.10 Million | AU$0.00 | AU$1.20 Million | ▲ +0.0 pp |
| 1990 | 100.0% | AU$928.00K | AU$0.00 | AU$1.39 Million | ▲ +0.0 pp |
| 1989 | 100.0% | AU$3.67 Million | AU$0.00 | AU$3.88 Million | — |