Norwood Systems Ltd (NOR) — Tangible Net Worth Ratio
Norwood Systems Ltd (NOR) has a Tangible Net Worth Ratio of 100.0% as of December 2023. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$221.90K) 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 NOR current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Norwood Systems Ltd Tangible Net Worth Ratio (1994–2018)
This chart shows how Norwood Systems Ltd's Tangible Net Worth Ratio has changed across 16 annual periods from 1994 to 2018. As of December 2023, the ratio stands at 100.0%, reflecting net assets of AU$221.90K with intangible assets of AU$0.00 AUD. See defensive interval ratio of Norwood Systems Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Norwood Systems Ltd (1994–2018)
The table below presents the year-by-year Tangible Net Worth Ratio for Norwood Systems Ltd from 1994 to 2018, covering 16 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 NOR company net worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2018 | 100.0% | AU$410.07K | AU$0.00 | AU$1.55 Million | ▲ +0.0 pp |
| 2017 | 100.0% | AU$921.27K | AU$0.00 | AU$1.84 Million | ▲ +0.0 pp |
| 2016 | 100.0% | AU$3.30 Million | AU$0.00 | AU$4.21 Million | ▲ +0.0 pp |
| 2015 | 100.0% | AU$4.39 Million | AU$0.00 | AU$4.72 Million | ▲ +0.0 pp |
| 2014 | 100.0% | AU$252.35K | AU$0.00 | AU$359.44K | ▲ +0.0 pp |
| 2013 | 100.0% | AU$3.08 Million | AU$0.00 | AU$3.16 Million | ▲ +0.0 pp |
| 2012 | 100.0% | AU$2.73 Million | AU$0.00 | AU$2.80 Million | ▲ +0.0 pp |
| 2011 | 100.0% | AU$3.20 Million | AU$0.00 | AU$3.27 Million | ▲ +182.4 pp |
| 2007 | -82.4% | AU$968.36K | AU$1.77 Million | AU$2.08 Million | ▼ -182.4 pp |
| 2005 | 100.0% | AU$294.11K | AU$0.00 | AU$559.12K | ▲ +0.0 pp |
| 2004 | 100.0% | AU$124.12K | AU$0.00 | AU$299.78K | ▲ +0.0 pp |
| 2002 | 100.0% | AU$14.41K | AU$0.00 | AU$48.27K | ▲ +146.9 pp |
| 2000 | -46.9% | AU$2.62 Million | AU$3.85 Million | AU$3.99 Million | ▼ -16.2 pp |
| 1998 | -30.7% | AU$5.90 Million | AU$7.72 Million | AU$28.42 Million | ▼ -37.3 pp |
| 1997 | 6.6% | AU$29.27 Million | AU$27.35 Million | AU$43.48 Million | ▼ -23.1 pp |
| 1994 | 29.6% | AU$1.51 Million | AU$1.06 Million | AU$1.97 Million | — |