Fintech Chain Ltd (FTC) — Tangible Net Worth Ratio
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. Also explore Fintech Chain Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
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. Check FTC capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
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 live market cap and overall valuation, see Fintech Chain Ltd stock valuation.
| 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 | — |