Next Science Ltd (NXS) — Tangible Net Worth Ratio
Next Science Ltd (NXS) has a Tangible Net Worth Ratio of 75.9% as of December 2024. This metric is calculated by deducting intangible assets (AU$828.15K) from net assets (AU$3.44 Million) 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 working capital position of Next Science Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Next Science Ltd Tangible Net Worth Ratio (2016–2024)
This chart shows how Next Science Ltd's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 75.9%, reflecting net assets of AU$3.44 Million with intangible assets of AU$828.15K AUD. See operational self-sufficiency of Next Science Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Next Science Ltd (2016–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Next Science Ltd from 2016 to 2024, covering 9 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 Next Science Ltd (NXS) total market value.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 75.9% | AU$3.44 Million | AU$828.15K | AU$9.21 Million | ▼ -5.4 pp |
| 2023 | 81.4% | AU$12.82 Million | AU$2.39 Million | AU$17.90 Million | ▲ +11.4 pp |
| 2022 | 70.0% | AU$11.85 Million | AU$3.55 Million | AU$18.37 Million | ▼ -6.5 pp |
| 2021 | 76.5% | AU$10.73 Million | AU$2.52 Million | AU$13.67 Million | ▼ -11.2 pp |
| 2020 | 87.7% | AU$18.80 Million | AU$2.32 Million | AU$23.49 Million | ▼ -1.2 pp |
| 2019 | 88.8% | AU$19.37 Million | AU$2.17 Million | AU$22.71 Million | ▼ -7.3 pp |
| 2018 | 96.1% | AU$23.74 Million | AU$914.79K | AU$26.18 Million | ▲ +13.4 pp |
| 2017 | 82.7% | AU$3.61 Million | AU$623.05K | AU$4.17 Million | ▲ +12.5 pp |
| 2016 | 70.2% | AU$1.34 Million | AU$399.27K | AU$1.59 Million | — |