Global Health Ltd (GLH) — Tangible Net Worth Ratio
Global Health Ltd (GLH) has a Tangible Net Worth Ratio of -13.0% as of December 2022. This metric is calculated by deducting intangible assets (AU$4.18 Million) from net assets (AU$3.70 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 Global Health Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Global Health Ltd Tangible Net Worth Ratio (1999–2022)
This chart shows how Global Health Ltd's Tangible Net Worth Ratio has changed across 19 annual periods from 1999 to 2022. As of December 2022, the ratio stands at -13.0%, reflecting net assets of AU$3.70 Million with intangible assets of AU$4.18 Million AUD. See Global Health Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Global Health Ltd (1999–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Global Health Ltd from 1999 to 2022, covering 19 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 Global Health Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 42.6% | AU$6.09 Million | AU$3.50 Million | AU$11.03 Million | ▲ +15.8 pp |
| 2021 | 26.7% | AU$4.04 Million | AU$2.96 Million | AU$9.04 Million | ▲ +269.1 pp |
| 2020 | -242.4% | AU$1.15 Million | AU$3.94 Million | AU$6.62 Million | ▲ +501.0 pp |
| 2018 | -743.4% | AU$487.32K | AU$4.11 Million | AU$6.89 Million | ▼ -744.3 pp |
| 2017 | 0.9% | AU$4.86 Million | AU$4.82 Million | AU$10.74 Million | ▲ +33.9 pp |
| 2016 | -33.0% | AU$3.65 Million | AU$4.85 Million | AU$8.82 Million | ▼ -24.6 pp |
| 2015 | -8.4% | AU$3.63 Million | AU$3.93 Million | AU$6.02 Million | ▲ +6.7 pp |
| 2014 | -15.1% | AU$2.68 Million | AU$3.08 Million | AU$4.97 Million | ▲ +66.9 pp |
| 2013 | -82.0% | AU$1.20 Million | AU$2.19 Million | AU$3.71 Million | ▲ +66.2 pp |
| 2011 | -148.2% | AU$301.21K | AU$747.75K | AU$2.49 Million | ▼ -248.2 pp |
| 2009 | 100.0% | AU$297.42K | AU$0.00 | AU$3.43 Million | ▲ +29.1 pp |
| 2006 | 70.9% | AU$1.70 Million | AU$495.00K | AU$5.08 Million | ▲ +55.1 pp |
| 2005 | 15.8% | AU$6.07 Million | AU$5.11 Million | AU$12.31 Million | ▲ +8.0 pp |
| 2004 | 7.8% | AU$5.08 Million | AU$4.68 Million | AU$9.15 Million | ▼ -0.9 pp |
| 2003 | 8.7% | AU$4.58 Million | AU$4.18 Million | AU$7.92 Million | ▼ -11.2 pp |
| 2002 | 20.0% | AU$4.77 Million | AU$3.82 Million | AU$8.01 Million | ▼ -36.2 pp |
| 2001 | 56.1% | AU$5.19 Million | AU$2.28 Million | AU$8.56 Million | ▼ -4.8 pp |
| 2000 | 61.0% | AU$11.96 Million | AU$4.67 Million | AU$14.00 Million | ▼ -39.0 pp |
| 1999 | 100.0% | AU$11.74 Million | AU$0.00 | AU$12.84 Million | — |