HITIQ Ltd Tangible Net Worth Ratio
HITIQ Ltd tangible net worth ratio. HITIQ Ltd (HIQ) has a Tangible Net Worth Ratio of -181.9% as of December 2023. This metric is calculated by deducting intangible assets (AU$580.11K) from net assets (AU$205.82K) 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. Check strategic asset allocation of HITIQ Ltd to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of HITIQ Ltd (2018–2021)
Tangible net worth ratio of HITIQ Ltd from 2018 to 2021. This chart shows how HITIQ Ltd's Tangible Net Worth Ratio has changed across 4 annual periods from 2018 to 2021. As of December 2023, the ratio stands at -181.9%, reflecting net assets of AU$205.82K with intangible assets of AU$580.11K AUD. See HITIQ Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
HITIQ Ltd Tangible Net Worth Ratio by Year (2018–2021)
HITIQ Ltd tangible net worth ratio by year from 2018 to 2021. The table below presents the year-by-year Tangible Net Worth Ratio for HITIQ Ltd from 2018 to 2021, covering 4 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 live market cap and overall valuation, see HIQ market cap overview.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | -1.2% | AU$1.17 Million | AU$1.19 Million | AU$4.55 Million | ▼ -100.8 pp |
| 2020 | 99.6% | AU$7.92 Million | AU$33.49K | AU$9.49 Million | ▲ +14.7 pp |
| 2019 | 84.9% | AU$386.86K | AU$58.49K | AU$2.08 Million | ▲ +8.1 pp |
| 2018 | 76.8% | AU$360.10K | AU$83.49K | AU$1.40 Million | — |