Reef Casino Trust (RCT) — Tangible Net Worth Ratio
Reef Casino Trust (RCT) has a Tangible Net Worth Ratio of 99.1% as of December 2025. This metric is calculated by deducting intangible assets (AU$109.00K) from net assets (AU$12.19 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 how liquid is Reef Casino Trust's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Reef Casino Trust Tangible Net Worth Ratio (1993–2025)
This chart shows how Reef Casino Trust's Tangible Net Worth Ratio has changed across 31 annual periods from 1993 to 2025. As of December 2025, the ratio stands at 99.1%, reflecting net assets of AU$12.19 Million with intangible assets of AU$109.00K AUD. See RCT defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Reef Casino Trust (1993–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Reef Casino Trust from 1993 to 2025, covering 31 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 RCT market cap.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.1% | AU$12.19 Million | AU$109.00K | AU$103.62 Million | ▼ -0.4 pp |
| 2024 | 99.5% | AU$11.35 Million | AU$59.00K | AU$101.13 Million | ▲ +0.1 pp |
| 2023 | 99.4% | AU$11.51 Million | AU$67.00K | AU$102.55 Million | ▼ -0.4 pp |
| 2022 | 99.8% | AU$14.23 Million | AU$32.00K | AU$107.36 Million | ▲ +0.4 pp |
| 2021 | 99.4% | AU$12.83 Million | AU$74.00K | AU$104.44 Million | ▲ +0.6 pp |
| 2020 | 98.8% | AU$8.80 Million | AU$105.00K | AU$100.29 Million | ▲ +0.1 pp |
| 2019 | 98.7% | AU$11.71 Million | AU$154.00K | AU$101.55 Million | ▼ -0.4 pp |
| 2018 | 99.1% | AU$11.77 Million | AU$107.00K | AU$104.92 Million | ▲ +0.1 pp |
| 2017 | 99.0% | AU$13.05 Million | AU$128.00K | AU$106.69 Million | ▲ +0.1 pp |
| 2016 | 98.9% | AU$12.23 Million | AU$132.00K | AU$109.51 Million | ▼ -0.2 pp |
| 2015 | 99.2% | AU$13.47 Million | AU$113.00K | AU$106.11 Million | ▲ +0.4 pp |
| 2014 | 98.8% | AU$13.98 Million | AU$167.00K | AU$107.17 Million | ▲ +0.1 pp |
| 2013 | 98.7% | AU$14.38 Million | AU$182.00K | AU$111.01 Million | ▼ -0.3 pp |
| 2012 | 99.0% | AU$12.65 Million | AU$123.00K | AU$111.01 Million | ▲ +0.0 pp |
| 2011 | 99.0% | AU$11.75 Million | AU$116.00K | AU$112.12 Million | ▼ 0.0 pp |
| 2010 | 99.1% | AU$11.39 Million | AU$108.00K | AU$112.60 Million | ▼ 0.0 pp |
| 2009 | 99.1% | AU$13.77 Million | AU$129.00K | AU$115.03 Million | ▼ -0.8 pp |
| 2008 | 99.8% | AU$70.41 Million | AU$115.00K | AU$177.72 Million | ▲ +0.1 pp |
| 2007 | 99.8% | AU$70.70 Million | AU$160.00K | AU$176.89 Million | ▼ -0.2 pp |
| 2006 | 100.0% | AU$33.61 Million | AU$0.00 | AU$139.76 Million | ▲ +0.0 pp |
| 2005 | 100.0% | AU$32.72 Million | AU$0.00 | AU$139.03 Million | ▲ +0.0 pp |
| 2004 | 100.0% | AU$128.14 Million | AU$0.00 | AU$148.58 Million | ▲ +0.0 pp |
| 2003 | 100.0% | AU$93.45 Million | AU$0.00 | AU$115.89 Million | ▲ +0.0 pp |
| 2002 | 100.0% | AU$85.33 Million | AU$0.00 | AU$113.81 Million | ▲ +0.0 pp |
| 2001 | 100.0% | AU$83.07 Million | AU$0.00 | AU$117.50 Million | ▲ +0.0 pp |
| 2000 | 100.0% | AU$46.52 Million | AU$0.00 | AU$80.78 Million | ▲ +0.0 pp |
| 1999 | 100.0% | AU$48.00 Million | AU$0.00 | AU$79.71 Million | ▲ +1.0 pp |
| 1996 | 99.0% | AU$83.74 Million | AU$858.00K | AU$188.93 Million | ▼ -0.1 pp |
| 1995 | 99.0% | AU$100.63 Million | AU$958.00K | AU$204.78 Million | ▼ -0.8 pp |
| 1994 | 99.9% | AU$69.54 Million | AU$100.00K | AU$87.80 Million | ▼ -0.1 pp |
| 1993 | 100.0% | AU$32.68 Million | AU$0.00 | AU$33.92 Million | — |