H3 Energy Limited (H3E) — Tangible Net Worth Ratio
H3 Energy Limited (H3E) has a Tangible Net Worth Ratio of 100.0% as of June 2023. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$1.43 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. Also explore H3 Energy Limited annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
H3 Energy Limited Tangible Net Worth Ratio (2021–2023)
This chart shows how H3 Energy Limited's Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of June 2023, the ratio stands at 100.0%, reflecting net assets of AU$1.43 Million with intangible assets of AU$0.00 AUD. For live market cap and overall valuation, see H3 Energy Limited stock valuation.
Annual Tangible Net Worth Ratio for H3 Energy Limited (2021–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for H3 Energy Limited from 2021 to 2023, covering 3 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. See H3 Energy Limited leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | AU$1.43 Million | AU$0.00 | AU$7.57 Million | ▲ +0.0 pp |
| 2022 | 100.0% | AU$3.46 Million | AU$0.00 | AU$6.95 Million | ▲ +0.0 pp |
| 2021 | 100.0% | AU$1.69 Million | AU$0.00 | AU$4.40 Million | — |