Recce Pharmaceuticals Ltd (RCE) — Tangible Net Worth Ratio
Recce Pharmaceuticals Ltd (RCE) has a Tangible Net Worth Ratio of 100.0% as of December 2023. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$534.18K) 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 Recce Pharmaceuticals Ltd (RCE) shareholders funds for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Recce Pharmaceuticals Ltd Tangible Net Worth Ratio (2015–2022)
This chart shows how Recce Pharmaceuticals Ltd's Tangible Net Worth Ratio has changed across 7 annual periods from 2015 to 2022. As of December 2023, the ratio stands at 100.0%, reflecting net assets of AU$534.18K with intangible assets of AU$0.00 AUD. Also explore RCE shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Recce Pharmaceuticals Ltd (2015–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Recce Pharmaceuticals Ltd from 2015 to 2022, covering 7 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 RCE company net worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 100.0% | AU$10.06 Million | AU$33.00 | AU$12.62 Million | ▼ 0.0 pp |
| 2021 | 100.0% | AU$20.50 Million | AU$55.00 | AU$21.68 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$2.31 Million | AU$92.00 | AU$3.24 Million | ▼ 0.0 pp |
| 2018 | 100.0% | AU$694.91K | AU$0.00 | AU$1.14 Million | ▲ +0.1 pp |
| 2017 | 99.9% | AU$590.14K | AU$427.00 | AU$1.46 Million | ▼ -0.1 pp |
| 2016 | 100.0% | AU$3.51 Million | AU$712.00 | AU$3.72 Million | ▲ +0.0 pp |
| 2015 | 100.0% | AU$4.71 Million | AU$1.19K | AU$4.99 Million | — |