Golden State Mining Ltd (GSM) — Tangible Net Worth Ratio
Golden State Mining Ltd (GSM) has a Tangible Net Worth Ratio of 100.0% as of June 2025. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$311.06K) 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 GSM net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Golden State Mining Ltd Tangible Net Worth Ratio (2018–2025)
This chart shows how Golden State Mining Ltd's Tangible Net Worth Ratio has changed across 8 annual periods from 2018 to 2025. As of June 2025, the ratio stands at 100.0%, reflecting net assets of AU$311.06K with intangible assets of AU$0.00 AUD. Also explore Golden State Mining Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Golden State Mining Ltd (2018–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Golden State Mining Ltd from 2018 to 2025, 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 market value of Golden State Mining Ltd.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | AU$311.06K | AU$0.00 | AU$727.10K | ▲ +0.0 pp |
| 2024 | 100.0% | AU$1.51 Million | AU$0.00 | AU$1.94 Million | ▲ +0.0 pp |
| 2023 | 100.0% | AU$1.66 Million | AU$0.00 | AU$2.20 Million | ▲ +0.0 pp |
| 2022 | 100.0% | AU$3.54 Million | AU$0.00 | AU$4.13 Million | ▲ +0.0 pp |
| 2021 | 100.0% | AU$4.01 Million | AU$0.00 | AU$4.50 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$2.11 Million | AU$0.00 | AU$2.60 Million | ▲ +0.0 pp |
| 2019 | 100.0% | AU$2.39 Million | AU$0.00 | AU$2.88 Million | ▲ +0.0 pp |
| 2018 | 100.0% | AU$200.73K | AU$0.00 | AU$317.82K | — |