GAS2GRID Ltd (GGX) — Tangible Net Worth Ratio
GAS2GRID Ltd (GGX) has a Tangible Net Worth Ratio of 100.0% as of December 2015. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$3.62K) 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 GAS2GRID Ltd (GGX) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
GAS2GRID Ltd Tangible Net Worth Ratio (2005–2015)
This chart shows how GAS2GRID Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2005 to 2015. As of December 2015, the ratio stands at 100.0%, reflecting net assets of AU$3.62K with intangible assets of AU$0.00 AUD. See GGX defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for GAS2GRID Ltd (2005–2015)
The table below presents the year-by-year Tangible Net Worth Ratio for GAS2GRID Ltd from 2005 to 2015, covering 11 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 GGX market cap overview.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2015 | -30.2% | AU$7.34 Million | AU$9.56 Million | AU$13.24 Million | ▼ -19.8 pp |
| 2014 | -10.4% | AU$12.21 Million | AU$13.48 Million | AU$17.34 Million | ▼ -110.4 pp |
| 2013 | 100.0% | AU$12.07 Million | AU$0.00 | AU$18.32 Million | ▲ +0.0 pp |
| 2012 | 100.0% | AU$16.36 Million | AU$0.00 | AU$17.11 Million | ▲ +0.0 pp |
| 2011 | 100.0% | AU$8.42 Million | AU$0.00 | AU$8.97 Million | ▲ +0.0 pp |
| 2010 | 100.0% | AU$7.74 Million | AU$0.00 | AU$8.56 Million | ▲ +0.0 pp |
| 2009 | 100.0% | AU$4.81 Million | AU$0.00 | AU$6.94 Million | ▲ +0.0 pp |
| 2008 | 100.0% | AU$5.87 Million | AU$0.00 | AU$8.07 Million | ▲ +0.0 pp |
| 2007 | 100.0% | AU$3.72 Million | AU$0.00 | AU$7.26 Million | ▲ +0.0 pp |
| 2006 | 100.0% | AU$4.27 Million | AU$0.00 | AU$6.64 Million | ▲ +0.0 pp |
| 2005 | 100.0% | AU$9.30 Million | AU$0.00 | AU$9.53 Million | — |