Openn Negotiation Ltd (OPN) — Tangible Net Worth Ratio
Openn Negotiation Ltd (OPN) has a Tangible Net Worth Ratio of 94.0% as of December 2023. This metric is calculated by deducting intangible assets (AU$46.95K) from net assets (AU$788.43K) 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 net assets of Openn Negotiation Ltd for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Openn Negotiation Ltd Tangible Net Worth Ratio (2017–2022)
This chart shows how Openn Negotiation Ltd's Tangible Net Worth Ratio has changed across 6 annual periods from 2017 to 2022. As of December 2023, the ratio stands at 94.0%, reflecting net assets of AU$788.43K with intangible assets of AU$46.95K AUD. Also explore net asset growth rate of Openn Negotiation Ltd to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Openn Negotiation Ltd (2017–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Openn Negotiation Ltd from 2017 to 2022, covering 6 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 Openn Negotiation Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 54.7% | AU$3.81 Million | AU$1.73 Million | AU$4.70 Million | ▲ +85.3 pp |
| 2021 | -30.6% | AU$1.32 Million | AU$1.73 Million | AU$2.19 Million | ▲ +5733.4 pp |
| 2020 | -5764.0% | AU$20.73K | AU$1.22 Million | AU$783.56K | ▼ -5661.7 pp |
| 2019 | -102.2% | AU$1.01 Million | AU$2.05 Million | AU$1.17 Million | ▼ -89.8 pp |
| 2018 | -12.4% | AU$2.05 Million | AU$2.30 Million | AU$2.18 Million | ▼ -73.0 pp |
| 2017 | 60.6% | AU$6.53 Million | AU$2.57 Million | AU$7.24 Million | — |