Magnetite Mines Ltd Tangible Net Worth Ratio
Magnetite Mines Ltd tangible net worth ratio. Magnetite Mines Ltd (MGT) has a Tangible Net Worth Ratio of 100.0% as of June 2025. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$36.99 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. Check strategic asset allocation of Magnetite Mines Ltd to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Magnetite Mines Ltd (2006–2025)
Tangible net worth ratio of Magnetite Mines Ltd from 2006 to 2025. This chart shows how Magnetite Mines Ltd's Tangible Net Worth Ratio has changed across 20 annual periods from 2006 to 2025. As of June 2025, the ratio stands at 100.0%, reflecting net assets of AU$36.99 Million with intangible assets of AU$0.00 AUD. See MGT working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Magnetite Mines Ltd Tangible Net Worth Ratio by Year (2006–2025)
Magnetite Mines Ltd tangible net worth ratio by year from 2006 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Magnetite Mines Ltd from 2006 to 2025, covering 20 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 live market cap and overall valuation, see market value of Magnetite Mines Ltd.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | AU$36.99 Million | AU$0.00 | AU$41.30 Million | ▲ +0.0 pp |
| 2024 | 100.0% | AU$36.84 Million | AU$0.00 | AU$38.23 Million | ▲ +0.0 pp |
| 2023 | 100.0% | AU$35.31 Million | AU$0.00 | AU$38.97 Million | ▲ +0.0 pp |
| 2022 | 100.0% | AU$39.35 Million | AU$27.00 | AU$45.79 Million | ▲ +0.0 pp |
| 2021 | 100.0% | AU$26.89 Million | AU$54.00 | AU$29.70 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$8.14 Million | AU$107.00 | AU$10.42 Million | ▲ +0.0 pp |
| 2019 | 100.0% | AU$6.67 Million | AU$215.00 | AU$9.43 Million | ▲ +0.0 pp |
| 2018 | 100.0% | AU$7.70 Million | AU$429.00 | AU$10.84 Million | ▲ +0.1 pp |
| 2017 | 99.9% | AU$7.97 Million | AU$5.57K | AU$11.36 Million | ▲ +0.1 pp |
| 2016 | 99.8% | AU$6.95 Million | AU$10.55K | AU$9.96 Million | ▼ -0.1 pp |
| 2015 | 100.0% | AU$6.87 Million | AU$3.43K | AU$6.99 Million | ▼ 0.0 pp |
| 2014 | 100.0% | AU$34.94 Million | AU$6.98K | AU$35.95 Million | ▲ +0.1 pp |
| 2013 | 99.9% | AU$34.19 Million | AU$25.12K | AU$34.81 Million | ▲ +0.1 pp |
| 2012 | 99.8% | AU$35.93 Million | AU$62.65K | AU$37.74 Million | ▲ +0.3 pp |
| 2011 | 99.6% | AU$24.07 Million | AU$105.75K | AU$25.16 Million | ▼ -0.4 pp |
| 2010 | 99.9% | AU$23.57 Million | AU$16.81K | AU$24.52 Million | ▲ +0.3 pp |
| 2009 | 99.6% | AU$7.25 Million | AU$28.07K | AU$7.39 Million | ▼ -0.4 pp |
| 2008 | 100.0% | AU$11.45 Million | AU$0.00 | AU$11.78 Million | ▲ +0.0 pp |
| 2007 | 100.0% | AU$4.99 Million | AU$0.00 | AU$5.05 Million | ▲ +0.0 pp |
| 2006 | 100.0% | AU$6.06 Million | AU$0.00 | AU$6.12 Million | — |