Pepper Money Ltd (PPM) — Tangible Net Worth Ratio
Pepper Money Ltd (PPM) has a Tangible Net Worth Ratio of 86.0% as of December 2025. This metric is calculated by deducting intangible assets (AU$121.50 Million) from net assets (AU$869.90 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 Pepper Money Ltd net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Pepper Money Ltd Tangible Net Worth Ratio (2014–2025)
This chart shows how Pepper Money Ltd's Tangible Net Worth Ratio has changed across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 86.0%, reflecting net assets of AU$869.90 Million with intangible assets of AU$121.50 Million AUD. Also explore PPM shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Pepper Money Ltd (2014–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Pepper Money Ltd from 2014 to 2025, covering 12 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 Pepper Money Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 86.0% | AU$869.90 Million | AU$121.50 Million | AU$18.40 Billion | ▼ -10.4 pp |
| 2024 | 96.5% | AU$855.60 Million | AU$30.10 Million | AU$17.47 Billion | ▲ +1.4 pp |
| 2023 | 95.0% | AU$862.80 Million | AU$42.80 Million | AU$20.21 Billion | ▲ +0.9 pp |
| 2022 | 94.2% | AU$926.80 Million | AU$54.10 Million | AU$19.92 Billion | ▼ -1.6 pp |
| 2021 | 95.7% | AU$739.80 Million | AU$31.50 Million | AU$17.27 Billion | ▲ +3.5 pp |
| 2020 | 92.2% | AU$499.90 Million | AU$38.90 Million | AU$14.34 Billion | ▲ +266.3 pp |
| 2019 | -174.0% | AU$28.01 Million | AU$76.75 Million | AU$551.81 Million | ▼ -261.6 pp |
| 2018 | 87.5% | AU$543.46 Million | AU$67.73 Million | AU$17.22 Billion | ▼ -2.7 pp |
| 2017 | 90.2% | AU$501.91 Million | AU$49.04 Million | AU$10.88 Billion | ▼ -0.8 pp |
| 2016 | 91.1% | AU$454.21 Million | AU$40.54 Million | AU$8.31 Billion | ▲ +0.8 pp |
| 2015 | 90.3% | AU$408.62 Million | AU$39.67 Million | AU$6.55 Billion | ▲ +7.7 pp |
| 2014 | 82.6% | AU$247.51 Million | AU$42.99 Million | AU$4.87 Billion | — |