Harvest Technology Group Ltd (HTG) — Tangible Net Worth Ratio

Latest as of December 2023: -65.6%

Harvest Technology Group Ltd (HTG) has a Tangible Net Worth Ratio of -65.6% as of December 2023. This metric is calculated by deducting intangible assets (AU$6.29 Million) from net assets (AU$3.79 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 Harvest Technology Group Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-65.6%
Tangible equity / total equity

Net Assets (Equity)

AU$3.79 Million
AUD

Intangible Assets

AU$6.29 Million
Goodwill, patents, brand value

Total Assets

AU$11.92 Million
AUD

Harvest Technology Group Ltd Tangible Net Worth Ratio (2013–2023)

This chart shows how Harvest Technology Group Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2013 to 2023. As of December 2023, the ratio stands at -65.6%, reflecting net assets of AU$3.79 Million with intangible assets of AU$6.29 Million AUD. See how many days can Harvest Technology Group Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Harvest Technology Group Ltd (2013–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Harvest Technology Group Ltd from 2013 to 2023, covering 11 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 HTG market cap.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2023 -48.1% AU$3.59 Million AU$5.31 Million AU$10.57 Million ▼ -68.3 pp
2022 20.3% AU$11.42 Million AU$9.11 Million AU$18.75 Million ▼ -14.7 pp
2021 34.9% AU$15.83 Million AU$10.30 Million AU$24.60 Million ▼ -3.4 pp
2020 38.4% AU$12.64 Million AU$7.79 Million AU$26.36 Million ▼ -61.0 pp
2019 99.4% AU$2.65 Million AU$16.98K AU$3.40 Million ▲ +6.0 pp
2018 93.3% AU$932.88K AU$62.23K AU$1.19 Million ▼ -1.0 pp
2017 94.4% AU$1.74 Million AU$97.71K AU$2.05 Million ▲ +24.2 pp
2016 70.2% AU$3.81 Million AU$1.13 Million AU$4.34 Million ▼ -19.1 pp
2015 89.3% AU$4.65 Million AU$495.46K AU$4.75 Million ▼ -10.7 pp
2014 100.0% AU$105.19K AU$0.00 AU$109.19K ▲ +0.0 pp
2013 100.0% AU$293.21K AU$0.00 AU$308.23K
pp = percentage points