Pacific Nickel Mines Ltd (PNM) — Tangible Net Worth Ratio
Pacific Nickel Mines Ltd (PNM) has a Tangible Net Worth Ratio of -842.4% as of December 2024. This metric is calculated by deducting intangible assets (AU$41.53 Million) from net assets (AU$4.41 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. Also explore Pacific Nickel Mines Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Pacific Nickel Mines Ltd Tangible Net Worth Ratio (2002–2024)
This chart shows how Pacific Nickel Mines Ltd's Tangible Net Worth Ratio has changed across 23 annual periods from 2002 to 2024. As of December 2024, the ratio stands at -842.4%, reflecting net assets of AU$4.41 Million with intangible assets of AU$41.53 Million AUD. Check PNM capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Pacific Nickel Mines Ltd (2002–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Pacific Nickel Mines Ltd from 2002 to 2024, covering 23 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 Pacific Nickel Mines Ltd (PNM) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -764.3% | AU$3.69 Million | AU$31.87 Million | AU$57.65 Million | ▼ -841.8 pp |
| 2023 | 77.5% | AU$19.64 Million | AU$4.42 Million | AU$25.04 Million | ▲ +18.6 pp |
| 2022 | 58.9% | AU$10.74 Million | AU$4.42 Million | AU$11.67 Million | ▼ -41.1 pp |
| 2021 | 100.0% | AU$6.26 Million | AU$0.00 | AU$7.26 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$688.91K | AU$0.00 | AU$3.32 Million | ▲ +0.0 pp |
| 2019 | 100.0% | AU$602.58K | AU$0.00 | AU$8.01 Million | ▲ +0.0 pp |
| 2018 | 100.0% | AU$6.99 Million | AU$0.00 | AU$12.06 Million | ▲ +0.0 pp |
| 2017 | 100.0% | AU$7.81 Million | AU$0.00 | AU$12.43 Million | ▲ +0.0 pp |
| 2016 | 100.0% | AU$8.73 Million | AU$0.00 | AU$12.17 Million | ▲ +0.0 pp |
| 2015 | 100.0% | AU$10.27 Million | AU$0.00 | AU$13.07 Million | ▲ +0.0 pp |
| 2014 | 100.0% | AU$24.10 Million | AU$0.00 | AU$25.92 Million | ▲ +0.0 pp |
| 2013 | 100.0% | AU$26.80 Million | AU$0.00 | AU$28.04 Million | ▲ +0.0 pp |
| 2012 | 100.0% | AU$34.88 Million | AU$0.00 | AU$36.17 Million | ▲ +0.0 pp |
| 2011 | 100.0% | AU$36.25 Million | AU$0.00 | AU$37.58 Million | ▲ +0.0 pp |
| 2010 | 100.0% | AU$14.26 Million | AU$0.00 | AU$15.86 Million | ▲ +0.0 pp |
| 2009 | 100.0% | AU$15.82 Million | AU$0.00 | AU$16.00 Million | ▲ +0.0 pp |
| 2008 | 100.0% | AU$16.68 Million | AU$0.00 | AU$18.23 Million | ▲ +0.0 pp |
| 2007 | 100.0% | AU$10.66 Million | AU$0.00 | AU$11.17 Million | ▲ +0.0 pp |
| 2006 | 100.0% | AU$6.70 Million | AU$0.00 | AU$7.13 Million | ▲ +0.0 pp |
| 2005 | 100.0% | AU$4.80 Million | AU$0.00 | AU$5.15 Million | ▲ +0.0 pp |
| 2004 | 100.0% | AU$4.82 Million | AU$0.00 | AU$5.00 Million | ▲ +0.0 pp |
| 2003 | 100.0% | AU$4.04 Million | AU$0.00 | AU$4.23 Million | ▲ +0.0 pp |
| 2002 | 100.0% | AU$1.33 Million | AU$0.00 | AU$1.42 Million | — |