Propell Holdings Ltd (PHL) — Tangible Net Worth Ratio
Propell Holdings Ltd (PHL) has a Tangible Net Worth Ratio of -1390.8% as of December 2021. This metric is calculated by deducting intangible assets (AU$1.17 Million) from net assets (AU$78.17K) 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 Propell Holdings Ltd (PHL) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Propell Holdings Ltd Tangible Net Worth Ratio (2019–2021)
This chart shows how Propell Holdings Ltd's Tangible Net Worth Ratio has changed across 2 annual periods from 2019 to 2021. As of December 2021, the ratio stands at -1390.8%, reflecting net assets of AU$78.17K with intangible assets of AU$1.17 Million AUD. See PHL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Propell Holdings Ltd (2019–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Propell Holdings Ltd from 2019 to 2021, covering 2 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 market cap of Propell Holdings Ltd.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 54.9% | AU$2.25 Million | AU$1.01 Million | AU$5.61 Million | ▲ +5123.4 pp |
| 2019 | -5068.5% | AU$31.46K | AU$1.63 Million | AU$2.93 Million | — |