Lykos Metals Ltd (LYK) — Tangible Net Worth Ratio

Latest as of October 2024: 100.0%

Lykos Metals Ltd (LYK) has a Tangible Net Worth Ratio of 100.0% as of October 2024. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$1.41 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 LYK working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

AU$1.41 Million
AUD

Intangible Assets

AU$0.00
Goodwill, patents, brand value

Total Assets

AU$1.67 Million
AUD

Lykos Metals Ltd Tangible Net Worth Ratio (2022–2024)

This chart shows how Lykos Metals Ltd's Tangible Net Worth Ratio has changed across 3 annual periods from 2022 to 2024. As of October 2024, the ratio stands at 100.0%, reflecting net assets of AU$1.41 Million with intangible assets of AU$0.00 AUD. See LYK cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Lykos Metals Ltd (2022–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Lykos Metals Ltd from 2022 to 2024, covering 3 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 market cap of Lykos Metals Ltd.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2024 100.0% AU$2.42 Million AU$0.00 AU$2.63 Million ▲ +0.0 pp
2023 100.0% AU$6.85 Million AU$0.00 AU$6.98 Million ▲ +0.0 pp
2022 100.0% AU$10.98 Million AU$0.00 AU$11.15 Million
pp = percentage points