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. For live market cap and overall valuation, see market cap of Reef Casino Trust.
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. Also explore Reef Casino Trust net asset momentum to track the company's year-over-year net asset growth rate.
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. See RCT financial flexibility score to measure the company's free cash flow as a share of total liabilities.
| 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 | — |