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) shareholders funds for net asset value and shareholders' equity analysis.
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. Also explore Propell Holdings Ltd equity growth rate to track the company's year-over-year net asset growth rate.
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 Propell Holdings Ltd stock valuation.
| 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 | — |