Lawfinance Ltd (LAW) — Tangible Net Worth Ratio
Lawfinance Ltd (LAW) has a Tangible Net Worth Ratio of 48.7% as of June 2020. This metric is calculated by deducting intangible assets (AU$7.83 Million) from net assets (AU$15.27 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 Lawfinance Ltd (LAW) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Lawfinance Ltd Tangible Net Worth Ratio (1998–2019)
This chart shows how Lawfinance Ltd's Tangible Net Worth Ratio has changed across 17 annual periods from 1998 to 2019. As of June 2020, the ratio stands at 48.7%, reflecting net assets of AU$15.27 Million with intangible assets of AU$7.83 Million AUD. See Lawfinance Ltd (LAW) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Lawfinance Ltd (1998–2019)
The table below presents the year-by-year Tangible Net Worth Ratio for Lawfinance Ltd from 1998 to 2019, covering 17 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 LAW market cap.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | 54.7% | AU$12.48 Million | AU$5.65 Million | AU$115.74 Million | ▲ +5.3 pp |
| 2018 | 49.3% | AU$17.34 Million | AU$8.78 Million | AU$160.44 Million | ▲ +186.6 pp |
| 2017 | -137.3% | AU$4.61 Million | AU$10.93 Million | AU$57.83 Million | ▼ -178.0 pp |
| 2016 | 40.7% | AU$11.34 Million | AU$6.73 Million | AU$45.41 Million | ▼ -52.1 pp |
| 2015 | 92.8% | AU$7.72 Million | AU$556.60K | AU$17.63 Million | ▼ -1.0 pp |
| 2014 | 93.7% | AU$7.03 Million | AU$439.78K | AU$7.09 Million | ▼ -6.3 pp |
| 2013 | 100.0% | AU$2.42 Million | AU$0.00 | AU$6.38 Million | ▲ +0.0 pp |
| 2012 | 100.0% | AU$1.43 Million | AU$0.00 | AU$1.45 Million | ▲ +0.0 pp |
| 2011 | 100.0% | AU$2.72 Million | AU$0.00 | AU$2.94 Million | ▲ +0.0 pp |
| 2010 | 100.0% | AU$2.75 Million | AU$0.00 | AU$2.87 Million | ▲ +0.0 pp |
| 2009 | 100.0% | AU$1.86 Million | AU$0.00 | AU$1.97 Million | ▲ +0.0 pp |
| 2008 | 100.0% | AU$743.58K | AU$0.00 | AU$758.40K | ▲ +0.0 pp |
| 2007 | 100.0% | AU$1.23 Million | AU$0.00 | AU$1.23 Million | ▲ +238.1 pp |
| 2001 | -138.1% | AU$243.35K | AU$579.50K | AU$1.31 Million | ▼ -146.2 pp |
| 2000 | 8.1% | AU$879.18K | AU$807.93K | AU$1.87 Million | ▼ -67.7 pp |
| 1999 | 75.8% | AU$9.11 Million | AU$2.21 Million | AU$10.08 Million | ▲ +3.9 pp |
| 1998 | 71.9% | AU$10.36 Million | AU$2.91 Million | AU$11.07 Million | — |