Mcmillan Shakespeare Ltd (MMS) — Tangible Net Worth Ratio

Latest as of June 2025: 51.3%

Mcmillan Shakespeare Ltd (MMS) has a Tangible Net Worth Ratio of 51.3% as of June 2025. This metric is calculated by deducting intangible assets (AU$54.95 Million) from net assets (AU$112.79 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 Mcmillan Shakespeare Ltd shareholders equity for net asset value and shareholders' equity analysis.

Tangible NW Ratio

51.3%
Tangible equity / total equity

Net Assets (Equity)

AU$112.79 Million
AUD

Intangible Assets

AU$54.95 Million
Goodwill, patents, brand value

Total Assets

AU$1.48 Billion
AUD

Mcmillan Shakespeare Ltd Tangible Net Worth Ratio (2003–2025)

This chart shows how Mcmillan Shakespeare Ltd's Tangible Net Worth Ratio has changed across 23 annual periods from 2003 to 2025. As of June 2025, the ratio stands at 51.3%, reflecting net assets of AU$112.79 Million with intangible assets of AU$54.95 Million AUD. Also explore MMS net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Mcmillan Shakespeare Ltd (2003–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Mcmillan Shakespeare Ltd from 2003 to 2025, covering 23 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 Mcmillan Shakespeare Ltd (MMS) market capitalisation.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2025 51.3% AU$112.79 Million AU$54.95 Million AU$1.48 Billion ▼ -15.5 pp
2024 66.8% AU$128.84 Million AU$42.74 Million AU$1.30 Billion ▲ +11.9 pp
2023 54.9% AU$145.58 Million AU$65.60 Million AU$1.05 Billion ▲ +1.5 pp
2022 53.5% AU$291.43 Million AU$135.55 Million AU$1.12 Billion ▲ +3.6 pp
2021 49.9% AU$269.19 Million AU$134.85 Million AU$685.93 Million ▲ +11.3 pp
2020 38.7% AU$228.89 Million AU$140.41 Million AU$685.56 Million ▼ -46.8 pp
2019 85.5% AU$371.37 Million AU$53.90 Million AU$853.50 Million ▼ -0.9 pp
2018 86.4% AU$371.38 Million AU$50.66 Million AU$861.90 Million ▲ +2.4 pp
2017 83.9% AU$371.00 Million AU$59.56 Million AU$848.98 Million ▲ +3.4 pp
2016 80.6% AU$370.50 Million AU$72.00 Million AU$852.12 Million ▼ -0.6 pp
2015 81.2% AU$318.44 Million AU$59.83 Million AU$777.32 Million ▼ -9.7 pp
2014 90.9% AU$223.85 Million AU$20.27 Million AU$524.66 Million ▼ -6.9 pp
2013 97.8% AU$195.44 Million AU$4.27 Million AU$447.22 Million ▼ -0.4 pp
2012 98.2% AU$168.05 Million AU$2.96 Million AU$391.21 Million ▲ +0.7 pp
2011 97.6% AU$114.51 Million AU$2.76 Million AU$300.51 Million ▲ +1.8 pp
2010 95.8% AU$89.42 Million AU$3.73 Million AU$286.06 Million ▲ +4.1 pp
2009 91.7% AU$57.40 Million AU$4.76 Million AU$74.81 Million ▼ -7.1 pp
2008 98.8% AU$48.21 Million AU$563.00K AU$63.44 Million ▲ +82.4 pp
2007 16.4% AU$40.27 Million AU$33.67 Million AU$54.08 Million ▲ +15.0 pp
2006 1.3% AU$33.66 Million AU$33.21 Million AU$50.28 Million ▲ +31.6 pp
2005 -30.3% AU$23.99 Million AU$31.25 Million AU$49.37 Million ▲ +2.7 pp
2004 -33.0% AU$18.10 Million AU$24.08 Million AU$36.70 Million ▲ +12.8 pp
2003 -45.8% AU$17.52 Million AU$25.55 Million AU$36.73 Million
pp = percentage points