Michael Hill International Ltd (MHJ) — Tangible Net Worth Ratio
Michael Hill International Ltd (MHJ) has a Tangible Net Worth Ratio of 83.4% as of June 2025. This metric is calculated by deducting intangible assets (AU$30.41 Million) from net assets (AU$183.72 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 MHJ net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Michael Hill International Ltd Tangible Net Worth Ratio (1995–2025)
This chart shows how Michael Hill International Ltd's Tangible Net Worth Ratio has changed across 31 annual periods from 1995 to 2025. As of June 2025, the ratio stands at 83.4%, reflecting net assets of AU$183.72 Million with intangible assets of AU$30.41 Million AUD. See MHJ cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Michael Hill International Ltd (1995–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Michael Hill International Ltd from 1995 to 2025, covering 31 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 Michael Hill International Ltd stock valuation.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 83.4% | AU$183.72 Million | AU$30.41 Million | AU$558.19 Million | ▲ +6.6 pp |
| 2024 | 76.9% | AU$182.34 Million | AU$42.15 Million | AU$595.76 Million | ▼ -3.9 pp |
| 2023 | 80.8% | AU$205.26 Million | AU$39.41 Million | AU$594.72 Million | ▼ -13.6 pp |
| 2022 | 94.4% | AU$216.32 Million | AU$12.18 Million | AU$566.78 Million | ▲ +11.4 pp |
| 2021 | 83.0% | AU$207.80 Million | AU$35.29 Million | AU$545.94 Million | ▼ -1.1 pp |
| 2020 | 84.1% | AU$164.62 Million | AU$26.15 Million | AU$536.89 Million | ▼ -7.1 pp |
| 2019 | 91.3% | AU$184.93 Million | AU$16.15 Million | AU$396.73 Million | ▼ -2.1 pp |
| 2018 | 93.3% | AU$206.30 Million | AU$13.77 Million | AU$409.23 Million | ▼ -2.3 pp |
| 2017 | 95.7% | AU$212.29 Million | AU$9.22 Million | AU$408.57 Million | ▼ -1.4 pp |
| 2016 | 97.0% | AU$195.51 Million | AU$5.83 Million | AU$402.98 Million | ▲ +0.9 pp |
| 2015 | 96.1% | AU$187.62 Million | AU$7.33 Million | AU$351.01 Million | ▼ -0.1 pp |
| 2014 | 96.2% | AU$181.28 Million | AU$6.90 Million | AU$339.82 Million | ▼ -2.5 pp |
| 2013 | 98.7% | AU$206.87 Million | AU$2.79 Million | AU$348.18 Million | ▼ -1.3 pp |
| 2012 | 100.0% | AU$194.36 Million | AU$70.00K | AU$323.65 Million | ▲ +0.0 pp |
| 2011 | 99.9% | AU$178.38 Million | AU$152.00K | AU$293.11 Million | ▲ +0.1 pp |
| 2010 | 99.8% | AU$159.92 Million | AU$280.00K | AU$258.84 Million | ▲ +0.1 pp |
| 2009 | 99.7% | AU$149.48 Million | AU$471.00K | AU$248.55 Million | ▲ +0.7 pp |
| 2008 | 99.0% | AU$91.00 Million | AU$884.00K | AU$205.03 Million | ▲ +0.7 pp |
| 2007 | 98.3% | AU$72.50 Million | AU$1.21 Million | AU$154.34 Million | ▲ +0.4 pp |
| 2006 | 97.9% | AU$74.76 Million | AU$1.54 Million | AU$174.34 Million | ▼ -2.0 pp |
| 2005 | 100.0% | AU$65.39 Million | AU$4.00K | AU$130.42 Million | ▲ +0.4 pp |
| 2004 | 99.6% | AU$57.61 Million | AU$214.00K | AU$122.83 Million | ▲ +0.2 pp |
| 2003 | 99.4% | AU$50.05 Million | AU$286.00K | AU$109.23 Million | ▲ +0.1 pp |
| 2002 | 99.3% | AU$53.33 Million | AU$357.00K | AU$96.41 Million | ▲ +0.2 pp |
| 2001 | 99.1% | AU$49.57 Million | AU$429.00K | AU$91.33 Million | ▲ +0.3 pp |
| 2000 | 98.8% | AU$42.59 Million | AU$500.00K | AU$82.39 Million | ▼ -1.2 pp |
| 1999 | 100.0% | AU$37.05 Million | AU$0.00 | AU$74.42 Million | ▲ +0.0 pp |
| 1998 | 100.0% | AU$32.32 Million | AU$0.00 | AU$63.20 Million | ▲ +0.0 pp |
| 1997 | 100.0% | AU$28.02 Million | AU$0.00 | AU$57.02 Million | ▲ +0.0 pp |
| 1996 | 100.0% | AU$26.11 Million | AU$0.00 | AU$54.64 Million | ▲ +0.0 pp |
| 1995 | 100.0% | AU$22.30 Million | AU$0.00 | AU$48.34 Million | — |