Hitech Group Australia Ltd (HIT) — Tangible Net Worth Ratio

Latest as of June 2025: 100.0%

Hitech Group Australia Ltd (HIT) has a Tangible Net Worth Ratio of 100.0% as of June 2025. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$11.57 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 how liquid is Hitech Group Australia Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

AU$11.57 Million
AUD

Intangible Assets

AU$0.00
Goodwill, patents, brand value

Total Assets

AU$18.17 Million
AUD

Hitech Group Australia Ltd Tangible Net Worth Ratio (1999–2025)

This chart shows how Hitech Group Australia Ltd's Tangible Net Worth Ratio has changed across 27 annual periods from 1999 to 2025. As of June 2025, the ratio stands at 100.0%, reflecting net assets of AU$11.57 Million with intangible assets of AU$0.00 AUD. See Hitech Group Australia Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Hitech Group Australia Ltd (1999–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Hitech Group Australia Ltd from 1999 to 2025, covering 27 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 Hitech Group Australia Ltd (HIT) market capitalisation.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2025 100.0% AU$11.57 Million AU$0.00 AU$18.17 Million ▲ +0.0 pp
2024 100.0% AU$9.42 Million AU$0.00 AU$17.27 Million ▲ +0.0 pp
2023 100.0% AU$7.61 Million AU$0.00 AU$15.36 Million ▲ +0.0 pp
2022 100.0% AU$7.43 Million AU$0.00 AU$12.97 Million ▲ +0.0 pp
2021 100.0% AU$6.32 Million AU$0.00 AU$11.10 Million ▲ +0.0 pp
2020 100.0% AU$6.99 Million AU$0.00 AU$11.13 Million ▲ +0.0 pp
2019 100.0% AU$7.27 Million AU$859.00 AU$9.27 Million ▲ +0.0 pp
2018 99.9% AU$7.41 Million AU$4.13K AU$9.52 Million ▼ 0.0 pp
2017 100.0% AU$6.66 Million AU$2.38K AU$8.34 Million ▲ +0.0 pp
2016 100.0% AU$5.95 Million AU$2.28K AU$8.22 Million ▲ +0.1 pp
2015 99.9% AU$3.75 Million AU$3.61K AU$5.51 Million ▲ +0.0 pp
2014 99.9% AU$2.94 Million AU$3.54K AU$4.86 Million ▼ -0.1 pp
2013 100.0% AU$3.24 Million AU$1.38K AU$3.72 Million ▲ +0.0 pp
2012 99.9% AU$3.08 Million AU$2.17K AU$3.58 Million ▲ +0.0 pp
2011 99.9% AU$2.52 Million AU$2.29K AU$3.23 Million ▲ +0.1 pp
2010 99.8% AU$1.87 Million AU$3.54K AU$2.36 Million ▲ +0.1 pp
2009 99.7% AU$1.73 Million AU$5.53K AU$2.14 Million ▼ -0.2 pp
2008 99.8% AU$2.61 Million AU$4.22K AU$2.95 Million ▲ +0.0 pp
2007 99.8% AU$2.33 Million AU$4.79K AU$2.95 Million ▲ +0.1 pp
2006 99.7% AU$2.05 Million AU$6.63K AU$2.54 Million ▼ -0.3 pp
2005 100.0% AU$1.99 Million AU$0.00 AU$2.35 Million ▲ +0.0 pp
2004 100.0% AU$1.99 Million AU$0.00 AU$2.30 Million ▲ +0.0 pp
2003 100.0% AU$1.85 Million AU$0.00 AU$4.17 Million ▲ +0.0 pp
2002 100.0% AU$3.39 Million AU$0.00 AU$6.26 Million ▲ +0.0 pp
2001 100.0% AU$4.11 Million AU$0.00 AU$8.20 Million ▲ +0.0 pp
2000 100.0% AU$3.50 Million AU$0.00 AU$5.13 Million ▲ +0.0 pp
1999 100.0% AU$3.14 Million AU$0.00 AU$3.21 Million
pp = percentage points