GO2 People Ltd (GO2) — Tangible Net Worth Ratio

Latest as of December 2023: 100.0%

GO2 People Ltd (GO2) 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$11.71K) 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 GO2 People Ltd working capital to net assets 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$11.71K
AUD

Intangible Assets

AU$0.00
Goodwill, patents, brand value

Total Assets

AU$14.40K
AUD

GO2 People Ltd Tangible Net Worth Ratio (2015–2022)

This chart shows how GO2 People Ltd's Tangible Net Worth Ratio has changed across 8 annual periods from 2015 to 2022. As of December 2023, the ratio stands at 100.0%, reflecting net assets of AU$11.71K with intangible assets of AU$0.00 AUD. See GO2 People Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for GO2 People Ltd (2015–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for GO2 People Ltd from 2015 to 2022, covering 8 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 GO2 People Ltd stock valuation.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2022 -5214.0% AU$86.00K AU$4.57 Million AU$29.73 Million ▼ -5309.2 pp
2021 95.2% AU$4.33 Million AU$206.00K AU$30.40 Million ▲ +0.5 pp
2019 94.8% AU$1.35 Million AU$70.50K AU$12.44 Million ▼ -4.3 pp
2018 99.1% AU$4.91 Million AU$45.45K AU$17.45 Million ▼ -0.7 pp
2017 99.7% AU$8.94 Million AU$22.73K AU$16.52 Million ▼ -0.3 pp
2017 100.0% AU$8.94 Million AU$0.00 AU$16.52 Million ▲ +0.0 pp
2016 100.0% AU$361.20K AU$0.00 AU$9.21 Million ▲ +0.0 pp
2015 100.0% AU$182.95K AU$0.00 AU$7.22 Million
pp = percentage points