Jayride Group Ltd (JAY) — Tangible Net Worth Ratio
Jayride Group Ltd (JAY) has a Tangible Net Worth Ratio of -16.0% as of June 2023. This metric is calculated by deducting intangible assets (AU$2.47 Million) from net assets (AU$2.13 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. Also explore JAY year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Jayride Group Ltd Tangible Net Worth Ratio (2015–2023)
This chart shows how Jayride Group Ltd's Tangible Net Worth Ratio has changed across 9 annual periods from 2015 to 2023. As of June 2023, the ratio stands at -16.0%, reflecting net assets of AU$2.13 Million with intangible assets of AU$2.47 Million AUD. For live market cap and overall valuation, see how much is Jayride Group Ltd worth.
Annual Tangible Net Worth Ratio for Jayride Group Ltd (2015–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Jayride Group Ltd from 2015 to 2023, covering 9 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. See JAY financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -16.0% | AU$2.13 Million | AU$2.47 Million | AU$7.66 Million | ▼ -60.7 pp |
| 2022 | 44.8% | AU$5.80 Million | AU$3.20 Million | AU$9.03 Million | ▲ +44.0 pp |
| 2021 | 0.8% | AU$2.20 Million | AU$2.18 Million | AU$6.43 Million | ▲ +153.9 pp |
| 2020 | -153.1% | AU$925.94K | AU$2.34 Million | AU$5.25 Million | ▼ -115.5 pp |
| 2019 | -37.6% | AU$1.76 Million | AU$2.42 Million | AU$6.31 Million | ▼ -101.6 pp |
| 2018 | 64.0% | AU$6.11 Million | AU$2.20 Million | AU$7.89 Million | ▼ -13.1 pp |
| 2017 | 77.1% | AU$9.09 Million | AU$2.08 Million | AU$10.31 Million | ▲ +43.7 pp |
| 2016 | 33.4% | AU$2.66 Million | AU$1.77 Million | AU$3.16 Million | ▲ +1.1 pp |
| 2015 | 32.3% | AU$2.58 Million | AU$1.75 Million | AU$2.81 Million | — |