MCS Services Ltd (MSG) — Tangible Net Worth Ratio
MCS Services Ltd (MSG) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$919.78K) 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. Also explore MSG net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
MCS Services Ltd Tangible Net Worth Ratio (2008–2025)
This chart shows how MCS Services Ltd's Tangible Net Worth Ratio has changed across 18 annual periods from 2008 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of AU$919.78K with intangible assets of AU$0.00 AUD. Check MCS Services Ltd (MSG) strategic asset index to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for MCS Services Ltd (2008–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for MCS Services Ltd from 2008 to 2025, covering 18 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 MCS Services Ltd (MSG) total market value.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | AU$1.14 Million | AU$0.00 | AU$4.12 Million | ▲ +15.8 pp |
| 2024 | 84.2% | AU$1.53 Million | AU$242.00K | AU$4.93 Million | ▲ +69.2 pp |
| 2023 | 15.0% | AU$2.35 Million | AU$1.99 Million | AU$11.27 Million | ▼ -82.4 pp |
| 2022 | 97.3% | AU$3.78 Million | AU$101.00K | AU$8.89 Million | ▼ -2.0 pp |
| 2021 | 99.3% | AU$2.69 Million | AU$19.00K | AU$8.14 Million | ▲ +3.2 pp |
| 2020 | 96.1% | AU$1.04 Million | AU$41.00K | AU$5.30 Million | ▼ -0.2 pp |
| 2019 | 96.2% | AU$737.00K | AU$28.00K | AU$5.43 Million | ▲ +3.3 pp |
| 2018 | 92.9% | AU$967.00K | AU$69.00K | AU$4.05 Million | ▼ -6.3 pp |
| 2017 | 99.1% | AU$1.65 Million | AU$14.00K | AU$4.24 Million | ▼ -0.3 pp |
| 2016 | 99.4% | AU$1.73 Million | AU$10.00K | AU$4.90 Million | ▼ -0.6 pp |
| 2015 | 100.0% | AU$1.30 Million | AU$0.00 | AU$1.38 Million | ▲ +0.0 pp |
| 2014 | 100.0% | AU$2.60 Million | AU$0.00 | AU$2.83 Million | ▲ +0.0 pp |
| 2013 | 100.0% | AU$5.27 Million | AU$0.00 | AU$5.76 Million | ▲ +0.0 pp |
| 2012 | 100.0% | AU$5.02 Million | AU$0.00 | AU$6.24 Million | ▲ +0.0 pp |
| 2011 | 100.0% | AU$901.00K | AU$0.00 | AU$1.39 Million | ▲ +0.0 pp |
| 2010 | 100.0% | AU$318.00K | AU$0.00 | AU$579.00K | ▲ +0.0 pp |
| 2009 | 100.0% | AU$203.00K | AU$0.00 | AU$220.00K | ▲ +0.0 pp |
| 2008 | 100.0% | AU$328.00K | AU$0.00 | AU$351.00K | — |