NEX Metals Exploration Ltd (NME) — Tangible Net Worth Ratio

Latest as of December 2012: 100.0%

NEX Metals Exploration Ltd (NME) has a Tangible Net Worth Ratio of 100.0% as of December 2012. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$663.96) 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 NEX Metals Exploration Ltd shareholders equity for net asset value and shareholders' equity analysis.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

AU$663.96
AUD

Intangible Assets

AU$0.00
Goodwill, patents, brand value

Total Assets

AU$9.37K
AUD

NEX Metals Exploration Ltd Tangible Net Worth Ratio (2007–2011)

This chart shows how NEX Metals Exploration Ltd's Tangible Net Worth Ratio has changed across 5 annual periods from 2007 to 2011. As of December 2012, the ratio stands at 100.0%, reflecting net assets of AU$663.96 with intangible assets of AU$0.00 AUD. Also explore how fast is NEX Metals Exploration Ltd growing its equity to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for NEX Metals Exploration Ltd (2007–2011)

The table below presents the year-by-year Tangible Net Worth Ratio for NEX Metals Exploration Ltd from 2007 to 2011, covering 5 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 how much is NEX Metals Exploration Ltd worth.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2011 100.0% AU$6.50 Million AU$0.00 AU$7.24 Million ▲ +0.0 pp
2010 100.0% AU$3.51 Million AU$0.00 AU$4.04 Million ▲ +0.0 pp
2009 100.0% AU$7.40 Million AU$0.00 AU$7.68 Million ▲ +0.0 pp
2008 100.0% AU$7.43 Million AU$0.00 AU$7.51 Million ▲ +0.0 pp
2007 100.0% AU$8.04 Million AU$0.00 AU$8.06 Million
pp = percentage points