Group 6 Metals Ltd (G6M) — Tangible Net Worth Ratio

Latest as of December 2023: 100.0%

Group 6 Metals Ltd (G6M) has a Tangible Net Worth Ratio of 100.0% as of December 2023. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$72.31 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 G6M working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

AU$72.31 Million
AUD

Intangible Assets

AU$0.00
Goodwill, patents, brand value

Total Assets

AU$162.46 Million
AUD

Group 6 Metals Ltd Tangible Net Worth Ratio (1989–2023)

This chart shows how Group 6 Metals Ltd's Tangible Net Worth Ratio has changed across 34 annual periods from 1989 to 2023. As of December 2023, the ratio stands at 100.0%, reflecting net assets of AU$72.31 Million with intangible assets of AU$0.00 AUD. See G6M defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Group 6 Metals Ltd (1989–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Group 6 Metals Ltd from 1989 to 2023, covering 34 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 G6M market cap.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2023 100.0% AU$70.97 Million AU$0.00 AU$139.63 Million ▲ +0.0 pp
2022 100.0% AU$23.87 Million AU$0.00 AU$55.28 Million ▲ +0.0 pp
2021 100.0% AU$6.65 Million AU$0.00 AU$7.33 Million ▲ +0.0 pp
2019 100.0% AU$1.34 Million AU$0.00 AU$4.38 Million ▲ +0.0 pp
2018 100.0% AU$1.49 Million AU$0.00 AU$1.79 Million ▲ +0.0 pp
2017 100.0% AU$2.39 Million AU$0.00 AU$2.81 Million ▲ +0.0 pp
2016 100.0% AU$1.34 Million AU$0.00 AU$2.62 Million ▲ +0.0 pp
2015 100.0% AU$2.55 Million AU$0.00 AU$2.88 Million ▲ +0.0 pp
2014 100.0% AU$1.97 Million AU$0.00 AU$2.21 Million ▲ +0.0 pp
2013 100.0% AU$1.85 Million AU$0.00 AU$2.03 Million ▲ +57.9 pp
2012 42.1% AU$34.59 Million AU$20.04 Million AU$36.44 Million ▼ -0.5 pp
2011 42.5% AU$34.87 Million AU$20.04 Million AU$37.68 Million ▲ +10.0 pp
2010 32.5% AU$29.64 Million AU$20.00 Million AU$33.38 Million ▼ -1.5 pp
2009 34.0% AU$30.12 Million AU$19.89 Million AU$33.33 Million ▲ +8.0 pp
2008 25.9% AU$26.79 Million AU$19.84 Million AU$29.80 Million ▲ +20.8 pp
2007 5.1% AU$27.20 Million AU$25.81 Million AU$30.62 Million ▼ -30.4 pp
2006 35.5% AU$14.00 Million AU$9.03 Million AU$16.87 Million ▲ +5.5 pp
2005 30.0% AU$9.92 Million AU$6.94 Million AU$10.33 Million ▼ -69.9 pp
2004 99.9% AU$3.09 Million AU$1.85K AU$3.41 Million ▼ -0.1 pp
2003 100.0% AU$3.51 Million AU$0.00 AU$4.14 Million ▲ +0.0 pp
2002 100.0% AU$3.51 Million AU$0.00 AU$5.06 Million ▲ +0.0 pp
2001 100.0% AU$3.44 Million AU$0.00 AU$5.98 Million ▲ +0.8 pp
2000 99.2% AU$8.57 Million AU$65.00K AU$13.95 Million ▼ -0.8 pp
1999 100.0% AU$4.07 Million AU$0.00 AU$7.20 Million ▲ +0.0 pp
1998 100.0% AU$7.22 Million AU$0.00 AU$9.77 Million ▲ +0.0 pp
1997 100.0% AU$8.10 Million AU$0.00 AU$10.43 Million ▲ +0.0 pp
1996 100.0% AU$8.47 Million AU$0.00 AU$11.16 Million ▲ +0.0 pp
1995 100.0% AU$9.27 Million AU$0.00 AU$11.58 Million ▲ +0.0 pp
1994 100.0% AU$8.58 Million AU$0.00 AU$10.32 Million ▲ +0.0 pp
1993 100.0% AU$7.86 Million AU$0.00 AU$9.66 Million ▲ +0.0 pp
1992 100.0% AU$623.00K AU$0.00 AU$3.06 Million ▲ +0.0 pp
1991 100.0% AU$1.86 Million AU$0.00 AU$2.69 Million ▲ +0.0 pp
1990 100.0% AU$5.11 Million AU$0.00 AU$5.93 Million ▲ +0.0 pp
1989 100.0% AU$6.14 Million AU$0.00 AU$6.87 Million
pp = percentage points