Noviqtech Ltd Tangible Net Worth Ratio
Noviqtech Ltd 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. Check NVQ capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Noviqtech Ltd (2017–2024)
Tangible net worth ratio of Noviqtech Ltd from 2017 to 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. See Noviqtech Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Noviqtech Ltd Tangible Net Worth Ratio by Year (2017–2024)
Noviqtech Ltd tangible net worth ratio by year from 2017 to 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 live market cap and overall valuation, see NVQ market cap.
| 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 | — |