Land & Homes Group Ltd (LHM) — Tangible Net Worth Ratio

Latest as of September 2023: 100.0%

Land & Homes Group Ltd (LHM) has a Tangible Net Worth Ratio of 100.0% as of September 2023. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$26.20 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 Land & Homes Group Ltd (LHM) shareholders funds for net asset value and shareholders' equity analysis.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

AU$26.20 Million
AUD

Intangible Assets

AU$0.00
Goodwill, patents, brand value

Total Assets

AU$29.27 Million
AUD

Land & Homes Group Ltd Tangible Net Worth Ratio (2002–2022)

This chart shows how Land & Homes Group Ltd's Tangible Net Worth Ratio has changed across 18 annual periods from 2002 to 2022. As of September 2023, the ratio stands at 100.0%, reflecting net assets of AU$26.20 Million with intangible assets of AU$0.00 AUD. Also explore net asset momentum of Land & Homes Group Ltd to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Land & Homes Group Ltd (2002–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Land & Homes Group Ltd from 2002 to 2022, covering 18 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 LHM market cap.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2022 100.0% AU$730.63K AU$0.00 AU$31.92 Million ▲ +0.0 pp
2021 100.0% AU$2.70 Million AU$0.00 AU$49.20 Million ▲ +0.0 pp
2020 100.0% AU$6.75 Million AU$0.00 AU$48.57 Million ▲ +0.0 pp
2019 100.0% AU$8.85 Million AU$0.00 AU$47.03 Million ▲ +0.0 pp
2018 100.0% AU$11.91 Million AU$0.00 AU$46.29 Million ▲ +0.0 pp
2017 100.0% AU$15.01 Million AU$0.00 AU$45.62 Million ▲ +0.0 pp
2016 100.0% AU$6.43 Million AU$0.00 AU$24.46 Million ▲ +0.0 pp
2013 100.0% AU$129.43K AU$0.00 AU$151.43K ▲ +0.0 pp
2012 100.0% AU$103.00K AU$0.00 AU$145.00K ▲ +7.9 pp
2010 92.1% AU$8.55 Million AU$675.00K AU$32.69 Million ▲ +246.3 pp
2009 -154.2% AU$458.75K AU$1.17 Million AU$2.28 Million ▼ -113.2 pp
2008 -41.0% AU$332.28K AU$468.37K AU$1.17 Million ▼ -80.0 pp
2007 39.0% AU$1.18 Million AU$717.41K AU$2.15 Million ▼ -40.5 pp
2006 79.5% AU$6.85 Million AU$1.41 Million AU$7.93 Million ▼ -9.2 pp
2005 88.7% AU$10.30 Million AU$1.17 Million AU$11.63 Million ▲ +43.1 pp
2004 45.5% AU$1.74 Million AU$946.00K AU$3.35 Million ▲ +36312.2 pp
2003 -36266.7% AU$3.00K AU$1.09 Million AU$1.77 Million ▼ -35151.2 pp
2002 -1115.5% AU$110.00K AU$1.34 Million AU$1.78 Million
pp = percentage points