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. Also explore LAW net asset momentum to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see how much is Lawfinance Ltd worth.
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. Explore LAW capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |