My Rewards International Ltd (MRI) — Tangible Net Worth Ratio
My Rewards International Ltd (MRI) has a Tangible Net Worth Ratio of -415.0% as of June 2022. This metric is calculated by deducting intangible assets (AU$483.81K) from net assets (AU$93.94K) 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 position of My Rewards International Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
My Rewards International Ltd Tangible Net Worth Ratio (2004–2022)
This chart shows how My Rewards International Ltd's Tangible Net Worth Ratio has changed across 7 annual periods from 2004 to 2022. As of June 2022, the ratio stands at -415.0%, reflecting net assets of AU$93.94K with intangible assets of AU$483.81K AUD. See My Rewards International Ltd (MRI) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for My Rewards International Ltd (2004–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for My Rewards International Ltd from 2004 to 2022, covering 7 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 My Rewards International Ltd market capitalisation.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -415.0% | AU$93.94K | AU$483.81K | AU$3.51 Million | ▼ -484.2 pp |
| 2021 | 69.2% | AU$4.79 Million | AU$1.48 Million | AU$7.57 Million | ▼ -15.6 pp |
| 2019 | 84.8% | AU$134.09K | AU$20.37K | AU$2.33 Million | ▲ +7.9 pp |
| 2007 | 76.9% | AU$775.00K | AU$179.00K | AU$2.18 Million | ▲ +17.7 pp |
| 2006 | 59.2% | AU$471.00K | AU$192.00K | AU$841.00K | ▼ -5.0 pp |
| 2005 | 64.2% | AU$573.00K | AU$205.00K | AU$724.00K | ▲ +40.8 pp |
| 2004 | 23.4% | AU$286.00K | AU$219.00K | AU$543.00K | — |