Noviqtech Ltd (NVQ) — Tangible Net Worth Ratio
Noviqtech Ltd (NVQ) has a Tangible Net Worth Ratio of -107.3% as of December 2024. This metric is calculated by deducting intangible assets (AU$421.61K) from net assets (AU$203.34K) 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 NVQ total equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Noviqtech Ltd Tangible Net Worth Ratio (2017–2024)
This chart shows how Noviqtech Ltd's Tangible Net Worth Ratio has changed across 7 annual periods from 2017 to 2024. As of December 2024, the ratio stands at -107.3%, reflecting net assets of AU$203.34K with intangible assets of AU$421.61K AUD. Also explore NVQ net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Noviqtech Ltd (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Noviqtech Ltd from 2017 to 2024, 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 Noviqtech Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -107.3% | AU$203.34K | AU$421.61K | AU$1.39 Million | ▼ -205.3 pp |
| 2022 | 98.0% | AU$1.94 Million | AU$38.95K | AU$3.10 Million | ▼ -2.0 pp |
| 2021 | 100.0% | AU$3.51 Million | AU$0.00 | AU$5.40 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$559.45K | AU$0.00 | AU$2.13 Million | ▲ +0.0 pp |
| 2019 | 100.0% | AU$240.33K | AU$0.00 | AU$1.14 Million | ▲ +40.1 pp |
| 2018 | 59.9% | AU$6.22 Million | AU$2.50 Million | AU$7.48 Million | ▲ +0.8 pp |
| 2017 | 59.1% | AU$2.48 Million | AU$1.02 Million | AU$3.44 Million | — |