National Australia Bank Ltd (NAB) — Tangible Net Worth Ratio
National Australia Bank Ltd (NAB) has a Tangible Net Worth Ratio of 94.4% as of September 2025. This metric is calculated by deducting intangible assets (AU$3.55 Billion) from net assets (AU$63.65 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 National Australia Bank Ltd (NAB) 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
National Australia Bank Ltd Tangible Net Worth Ratio (1989–2025)
This chart shows how National Australia Bank Ltd's Tangible Net Worth Ratio has changed across 37 annual periods from 1989 to 2025. As of September 2025, the ratio stands at 94.4%, reflecting net assets of AU$63.65 Billion with intangible assets of AU$3.55 Billion AUD. See NAB cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for National Australia Bank Ltd (1989–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for National Australia Bank Ltd from 1989 to 2025, covering 37 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 National Australia Bank Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.4% | AU$63.65 Billion | AU$3.55 Billion | AU$1.11 Trillion | ▼ -0.5 pp |
| 2024 | 94.9% | AU$62.21 Billion | AU$3.15 Billion | AU$1.08 Trillion | ▲ +3.0 pp |
| 2023 | 91.9% | AU$61.50 Billion | AU$4.95 Billion | AU$1.06 Trillion | ▼ -0.2 pp |
| 2022 | 92.1% | AU$59.03 Billion | AU$4.65 Billion | AU$1.06 Trillion | ▼ -1.3 pp |
| 2021 | 93.4% | AU$62.78 Billion | AU$4.11 Billion | AU$926.19 Billion | ▼ -0.3 pp |
| 2020 | 93.8% | AU$61.29 Billion | AU$3.81 Billion | AU$866.86 Billion | ▼ -1.3 pp |
| 2019 | 95.1% | AU$55.60 Billion | AU$2.71 Billion | AU$847.12 Billion | ▲ +0.7 pp |
| 2018 | 94.5% | AU$52.71 Billion | AU$2.92 Billion | AU$806.51 Billion | ▼ -0.2 pp |
| 2017 | 94.7% | AU$51.32 Billion | AU$2.74 Billion | AU$788.33 Billion | ▼ -0.7 pp |
| 2016 | 95.3% | AU$51.31 Billion | AU$2.39 Billion | AU$776.71 Billion | ▲ +0.2 pp |
| 2015 | 95.1% | AU$55.51 Billion | AU$2.72 Billion | AU$955.05 Billion | ▼ 0.0 pp |
| 2014 | 95.1% | AU$47.91 Billion | AU$2.33 Billion | AU$883.30 Billion | ▲ +0.1 pp |
| 2013 | 95.1% | AU$46.38 Billion | AU$2.29 Billion | AU$809.87 Billion | ▼ -0.9 pp |
| 2012 | 96.0% | AU$45.40 Billion | AU$1.82 Billion | AU$763.09 Billion | ▲ +0.0 pp |
| 2011 | 96.0% | AU$42.19 Billion | AU$1.70 Billion | AU$753.76 Billion | ▼ -0.1 pp |
| 2010 | 96.1% | AU$38.95 Billion | AU$1.53 Billion | AU$685.95 Billion | ▼ -1.1 pp |
| 2009 | 97.2% | AU$37.84 Billion | AU$1.06 Billion | AU$654.12 Billion | ▲ +0.6 pp |
| 2008 | 96.6% | AU$32.85 Billion | AU$1.11 Billion | AU$656.80 Billion | ▼ -0.2 pp |
| 2007 | 96.9% | AU$29.89 Billion | AU$934.00 Million | AU$564.63 Billion | ▼ -0.4 pp |
| 2006 | 97.3% | AU$27.97 Billion | AU$769.00 Million | AU$484.79 Billion | ▼ -0.7 pp |
| 2005 | 98.0% | AU$34.28 Billion | AU$691.00 Million | AU$419.59 Billion | ▲ +0.1 pp |
| 2004 | 97.9% | AU$29.77 Billion | AU$632.00 Million | AU$411.31 Billion | ▲ +0.6 pp |
| 2003 | 97.3% | AU$27.21 Billion | AU$740.00 Million | AU$397.47 Billion | ▲ +8.3 pp |
| 2002 | 89.0% | AU$23.25 Billion | AU$2.57 Billion | AU$377.39 Billion | ▲ +12.1 pp |
| 2001 | 76.9% | AU$23.56 Billion | AU$5.45 Billion | AU$374.72 Billion | ▼ -9.2 pp |
| 2000 | 86.1% | AU$77.88 Billion | AU$10.84 Billion | AU$343.68 Billion | ▲ +1.8 pp |
| 1999 | 84.3% | AU$18.52 Billion | AU$2.90 Billion | AU$254.08 Billion | ▲ +3.9 pp |
| 1998 | 80.4% | AU$15.76 Billion | AU$3.10 Billion | AU$251.71 Billion | ▼ -2.8 pp |
| 1997 | 83.1% | AU$12.58 Billion | AU$2.12 Billion | AU$201.97 Billion | ▼ -16.9 pp |
| 1996 | 100.0% | AU$12.52 Billion | AU$0.00 | AU$173.71 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | AU$11.42 Billion | AU$0.00 | AU$117.48 Billion | ▲ +0.0 pp |
| 1994 | 100.0% | AU$9.89 Billion | AU$0.00 | AU$101.78 Billion | ▲ +0.0 pp |
| 1993 | 100.0% | AU$9.04 Billion | AU$0.00 | AU$95.85 Billion | ▲ +0.0 pp |
| 1992 | 100.0% | AU$8.01 Billion | AU$0.00 | AU$84.14 Billion | ▲ +0.0 pp |
| 1991 | 100.0% | AU$8.02 Billion | AU$0.00 | AU$75.69 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | AU$6.57 Billion | AU$0.00 | AU$74.22 Billion | ▲ +0.0 pp |
| 1989 | 100.0% | AU$6.02 Billion | AU$0.00 | AU$59.00 Billion | — |