Fintech Chain Ltd (FTC) — Tangible Net Worth Ratio

Latest as of September 2021: 97.4%

Fintech Chain Ltd (FTC) has a Tangible Net Worth Ratio of 97.4% as of September 2021. This metric is calculated by deducting intangible assets (AU$7.53K) from net assets (AU$290.26K) 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 Fintech Chain Ltd (FTC) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

97.4%
Tangible equity / total equity

Net Assets (Equity)

AU$290.26K
AUD

Intangible Assets

AU$7.53K
Goodwill, patents, brand value

Total Assets

AU$8.45 Million
AUD

Fintech Chain Ltd Tangible Net Worth Ratio (2012–2016)

This chart shows how Fintech Chain Ltd's Tangible Net Worth Ratio has changed across 5 annual periods from 2012 to 2016. As of September 2021, the ratio stands at 97.4%, reflecting net assets of AU$290.26K with intangible assets of AU$7.53K AUD. See Fintech Chain Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Fintech Chain Ltd (2012–2016)

The table below presents the year-by-year Tangible Net Worth Ratio for Fintech Chain Ltd from 2012 to 2016, covering 5 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 Fintech Chain Ltd (FTC) market capitalisation.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2016 100.0% AU$1.34 Million AU$0.00 AU$3.62 Million ▲ +0.0 pp
2015 100.0% AU$24.71 Million AU$0.00 AU$29.49 Million ▲ +0.3 pp
2014 99.7% AU$18.84 Million AU$47.96K AU$21.25 Million ▼ -0.3 pp
2013 100.0% AU$21.66 Million AU$0.00 AU$25.07 Million ▲ +0.0 pp
2012 100.0% AU$4.61 Million AU$0.00 AU$4.90 Million
pp = percentage points