Genetic Technologies Ltd (GTG) — Tangible Net Worth Ratio

Latest as of June 2024: 80.3%

Genetic Technologies Ltd (GTG) has a Tangible Net Worth Ratio of 80.3% as of June 2024. This metric is calculated by deducting intangible assets (AU$360.06K) from net assets (AU$1.83 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 GTG net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

80.3%
Tangible equity / total equity

Net Assets (Equity)

AU$1.83 Million
AUD

Intangible Assets

AU$360.06K
Goodwill, patents, brand value

Total Assets

AU$6.19 Million
AUD

Genetic Technologies Ltd Tangible Net Worth Ratio (2000–2024)

This chart shows how Genetic Technologies Ltd's Tangible Net Worth Ratio has changed across 25 annual periods from 2000 to 2024. As of June 2024, the ratio stands at 80.3%, reflecting net assets of AU$1.83 Million with intangible assets of AU$360.06K AUD. See Genetic Technologies Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Genetic Technologies Ltd (2000–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Genetic Technologies Ltd from 2000 to 2024, covering 25 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 GTG market cap.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2024 80.3% AU$1.83 Million AU$360.06K AU$6.19 Million ▼ -15.0 pp
2023 95.3% AU$11.16 Million AU$520.47K AU$14.86 Million ▼ -0.9 pp
2022 96.2% AU$16.43 Million AU$624.92K AU$20.80 Million ▲ +20.0 pp
2021 76.2% AU$21.53 Million AU$5.13 Million AU$22.97 Million ▼ -23.8 pp
2020 100.0% AU$13.99 Million AU$0.00 AU$15.63 Million ▲ +0.0 pp
2019 100.0% AU$1.77 Million AU$0.00 AU$3.27 Million ▲ +0.0 pp
2018 100.0% AU$4.71 Million AU$0.00 AU$6.17 Million ▲ +0.0 pp
2017 100.0% AU$10.58 Million AU$0.00 AU$12.11 Million ▲ +5.1 pp
2016 94.9% AU$11.88 Million AU$608.48K AU$13.29 Million ▼ -1.2 pp
2015 96.1% AU$18.96 Million AU$736.04K AU$20.72 Million ▲ +43.4 pp
2014 52.7% AU$1.83 Million AU$863.61K AU$6.73 Million ▼ -30.0 pp
2013 82.8% AU$5.76 Million AU$991.17K AU$8.32 Million ▼ -9.4 pp
2012 92.2% AU$14.40 Million AU$1.12 Million AU$16.44 Million ▲ +12.8 pp
2011 79.4% AU$6.81 Million AU$1.40 Million AU$8.92 Million ▲ +5.3 pp
2010 74.1% AU$5.72 Million AU$1.48 Million AU$8.28 Million ▼ -8.6 pp
2009 82.7% AU$17.49 Million AU$3.03 Million AU$22.28 Million ▲ +11.4 pp
2008 71.3% AU$20.83 Million AU$5.99 Million AU$24.15 Million ▼ -8.9 pp
2007 80.2% AU$16.90 Million AU$3.35 Million AU$20.95 Million ▲ +8.4 pp
2006 71.8% AU$18.27 Million AU$5.15 Million AU$22.44 Million ▼ -2.7 pp
2005 74.6% AU$22.75 Million AU$5.79 Million AU$29.26 Million ▲ +14.8 pp
2004 59.8% AU$17.07 Million AU$6.86 Million AU$22.39 Million ▲ +33.8 pp
2003 26.0% AU$27.28 Million AU$20.18 Million AU$30.25 Million ▲ +3.1 pp
2002 23.0% AU$31.14 Million AU$23.99 Million AU$33.00 Million ▼ -5.2 pp
2001 28.1% AU$38.07 Million AU$27.36 Million AU$39.69 Million ▼ -71.9 pp
2000 100.0% AU$7.58 Million AU$0.00 AU$8.85 Million
pp = percentage points