Medibank Private Ltd (MPL) — Tangible Net Worth Ratio
Medibank Private Ltd (MPL) has a Tangible Net Worth Ratio of 71.3% as of December 2025. This metric is calculated by deducting intangible assets (AU$670.90 Million) from net assets (AU$2.34 Billion) 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 working capital to net assets of Medibank Private Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Medibank Private Ltd Tangible Net Worth Ratio (2001–2025)
This chart shows how Medibank Private Ltd's Tangible Net Worth Ratio has changed across 25 annual periods from 2001 to 2025. As of December 2025, the ratio stands at 71.3%, reflecting net assets of AU$2.34 Billion with intangible assets of AU$670.90 Million AUD. See how many days can Medibank Private Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Medibank Private Ltd (2001–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Medibank Private Ltd from 2001 to 2025, covering 25 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 Medibank Private Ltd stock valuation.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 93.3% | AU$2.34 Billion | AU$157.50 Million | AU$4.70 Billion | ▼ -0.5 pp |
| 2024 | 93.8% | AU$2.31 Billion | AU$143.30 Million | AU$4.69 Billion | ▲ +9.5 pp |
| 2023 | 84.3% | AU$2.08 Billion | AU$328.10 Million | AU$4.39 Billion | ▲ +1.3 pp |
| 2022 | 82.9% | AU$1.95 Billion | AU$332.30 Million | AU$4.55 Billion | ▲ +1.0 pp |
| 2021 | 81.9% | AU$1.91 Billion | AU$345.30 Million | AU$3.92 Billion | ▲ +2.1 pp |
| 2020 | 79.8% | AU$1.80 Billion | AU$363.70 Million | AU$3.75 Billion | ▼ -12.4 pp |
| 2019 | 92.2% | AU$3.59 Billion | AU$281.00 Million | AU$3.63 Billion | ▲ +0.6 pp |
| 2018 | 91.6% | AU$3.50 Billion | AU$293.80 Million | AU$3.54 Billion | ▲ +0.4 pp |
| 2017 | 91.2% | AU$3.43 Billion | AU$301.30 Million | AU$3.46 Billion | ▼ -0.1 pp |
| 2016 | 91.3% | AU$3.23 Billion | AU$281.70 Million | AU$3.27 Billion | ▼ -1.6 pp |
| 2015 | 92.9% | AU$3.10 Billion | AU$221.50 Million | AU$3.14 Billion | ▼ -2.5 pp |
| 2014 | 95.4% | AU$2.93 Billion | AU$135.51 Million | AU$2.97 Billion | ▲ +0.4 pp |
| 2013 | 95.0% | AU$3.08 Billion | AU$154.29 Million | AU$3.11 Billion | ▲ +16.6 pp |
| 2012 | 78.4% | AU$1.62 Billion | AU$350.35 Million | AU$3.15 Billion | ▲ +0.3 pp |
| 2011 | 78.0% | AU$1.59 Billion | AU$348.50 Million | AU$2.90 Billion | ▼ -9.8 pp |
| 2010 | 87.8% | AU$1.72 Billion | AU$210.06 Million | AU$2.90 Billion | ▲ +1.9 pp |
| 2009 | 85.9% | AU$1.44 Billion | AU$203.29 Million | AU$2.56 Billion | ▼ -10.6 pp |
| 2008 | 96.5% | AU$1.33 Billion | AU$46.41 Million | AU$2.29 Billion | ▲ +0.8 pp |
| 2007 | 95.8% | AU$1.14 Billion | AU$48.50 Million | AU$1.96 Billion | ▼ -1.1 pp |
| 2006 | 96.8% | AU$848.20 Million | AU$27.06 Million | AU$1.59 Billion | ▼ -3.2 pp |
| 2005 | 100.0% | AU$653.30 Million | AU$0.00 | AU$1.35 Billion | ▲ +3.7 pp |
| 2004 | 96.3% | AU$437.50 Million | AU$16.38 Million | AU$1.05 Billion | ▼ -0.3 pp |
| 2003 | 96.5% | AU$392.70 Million | AU$13.55 Million | AU$1.01 Billion | ▼ -3.3 pp |
| 2002 | 99.8% | AU$382.39 Million | AU$682.00K | AU$992.31 Million | ▲ +0.4 pp |
| 2001 | 99.4% | AU$557.86 Million | AU$3.33 Million | AU$1.15 Billion | — |