Inhalerx Ltd (IRX) — Tangible Net Worth Ratio
Inhalerx Ltd (IRX) has a Tangible Net Worth Ratio of 100.0% as of December 2023. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$665.47K) 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 Inhalerx Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Inhalerx Ltd Tangible Net Worth Ratio (2016–2023)
This chart shows how Inhalerx Ltd's Tangible Net Worth Ratio has changed across 8 annual periods from 2016 to 2023. As of December 2023, the ratio stands at 100.0%, reflecting net assets of AU$665.47K with intangible assets of AU$0.00 AUD. See defensive interval ratio of Inhalerx Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Inhalerx Ltd (2016–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Inhalerx Ltd from 2016 to 2023, covering 8 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 Inhalerx Ltd stock valuation.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | AU$665.47K | AU$0.00 | AU$1.58 Million | ▲ +0.7 pp |
| 2022 | 99.3% | AU$1.90 Million | AU$13.74K | AU$2.26 Million | ▼ -0.2 pp |
| 2021 | 99.5% | AU$2.68 Million | AU$13.57K | AU$2.93 Million | ▼ -0.2 pp |
| 2020 | 99.7% | AU$1.32 Million | AU$4.30K | AU$1.90 Million | ▼ -0.3 pp |
| 2019 | 100.0% | AU$340.08K | AU$0.00 | AU$623.71K | ▲ +11.0 pp |
| 2018 | 89.0% | AU$2.68 Million | AU$294.41K | AU$3.09 Million | ▲ +5.5 pp |
| 2017 | 83.6% | AU$4.51 Million | AU$741.22K | AU$5.09 Million | ▼ -12.0 pp |
| 2016 | 95.6% | AU$7.33 Million | AU$323.44K | AU$8.58 Million | — |