Greenwing Resources Ltd (GW1) — Tangible Net Worth Ratio
Greenwing Resources Ltd (GW1) has a Tangible Net Worth Ratio of 89.7% as of June 2025. This metric is calculated by deducting intangible assets (AU$2.23 Million) from net assets (AU$21.69 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 GW1 total equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Greenwing Resources Ltd Tangible Net Worth Ratio (2004–2024)
This chart shows how Greenwing Resources Ltd's Tangible Net Worth Ratio has changed across 21 annual periods from 2004 to 2024. As of June 2025, the ratio stands at 89.7%, reflecting net assets of AU$21.69 Million with intangible assets of AU$2.23 Million AUD. Also explore net asset momentum of Greenwing Resources Ltd to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Greenwing Resources Ltd (2004–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Greenwing Resources Ltd from 2004 to 2024, covering 21 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 Greenwing Resources Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 89.7% | AU$21.69 Million | AU$2.23 Million | AU$26.19 Million | ▲ +3.3 pp |
| 2023 | 86.4% | AU$16.48 Million | AU$2.23 Million | AU$24.89 Million | ▲ +3.8 pp |
| 2022 | 82.6% | AU$12.84 Million | AU$2.23 Million | AU$25.17 Million | ▲ +6.0 pp |
| 2021 | 76.6% | AU$9.53 Million | AU$2.23 Million | AU$15.19 Million | ▼ -23.4 pp |
| 2020 | 100.0% | AU$4.14 Million | AU$0.00 | AU$9.90 Million | ▲ +0.0 pp |
| 2019 | 100.0% | AU$2.51 Million | AU$0.00 | AU$10.56 Million | ▲ +0.0 pp |
| 2018 | 100.0% | AU$13.27 Million | AU$0.00 | AU$17.73 Million | ▲ +0.0 pp |
| 2017 | 100.0% | AU$16.75 Million | AU$0.00 | AU$18.64 Million | ▲ +0.0 pp |
| 2016 | 100.0% | AU$7.78 Million | AU$0.00 | AU$10.63 Million | ▲ +0.0 pp |
| 2015 | 100.0% | AU$5.18 Million | AU$0.00 | AU$6.94 Million | ▲ +0.0 pp |
| 2014 | 100.0% | AU$3.42 Million | AU$0.00 | AU$4.22 Million | ▲ +0.0 pp |
| 2013 | 100.0% | AU$3.71 Million | AU$0.00 | AU$4.51 Million | ▲ +0.0 pp |
| 2012 | 100.0% | AU$5.69 Million | AU$0.00 | AU$6.73 Million | ▲ +0.0 pp |
| 2011 | 100.0% | AU$17.55 Million | AU$0.00 | AU$31.49 Million | ▲ +0.0 pp |
| 2010 | 100.0% | AU$56.29 Million | AU$0.00 | AU$109.05 Million | ▲ +0.0 pp |
| 2009 | 100.0% | AU$56.56 Million | AU$0.00 | AU$81.30 Million | ▲ +0.0 pp |
| 2008 | 100.0% | AU$41.72 Million | AU$0.00 | AU$64.61 Million | ▲ +0.0 pp |
| 2007 | 100.0% | AU$22.28 Million | AU$0.00 | AU$26.15 Million | ▲ +0.0 pp |
| 2006 | 100.0% | AU$13.70 Million | AU$0.00 | AU$14.50 Million | ▲ +0.0 pp |
| 2005 | 100.0% | AU$4.82 Million | AU$0.00 | AU$5.22 Million | ▲ +0.0 pp |
| 2004 | 100.0% | AU$2.11 Million | AU$0.00 | AU$2.18 Million | — |