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. See working capital to net assets of H3 Energy Limited to evaluate short-term liquidity relative to the company's equity base.
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. See H3E defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see H3 Energy Limited market capitalisation.
| 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 | — |