Readytech Holdings Ltd (RDY) — Tangible Net Worth Ratio
Readytech Holdings Ltd (RDY) has a Tangible Net Worth Ratio of 41.2% as of June 2026. This metric is calculated by deducting intangible assets (AU$79.25 Million) from net assets (AU$134.70 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 Readytech Holdings 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
Readytech Holdings Ltd Tangible Net Worth Ratio (2016–2026)
This chart shows how Readytech Holdings Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2016 to 2026. As of June 2026, the ratio stands at 41.2%, reflecting net assets of AU$134.70 Million with intangible assets of AU$79.25 Million AUD. For live market cap and overall valuation, see market value of Readytech Holdings Ltd.
Annual Tangible Net Worth Ratio for Readytech Holdings Ltd (2016–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Readytech Holdings Ltd from 2016 to 2026, covering 11 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. Explore RDY capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 41.2% | AU$134.70 Million | AU$79.25 Million | AU$255.42 Million | ▲ +3.9 pp |
| 2025 | 37.2% | AU$141.50 Million | AU$88.80 Million | AU$250.38 Million | ▼ -6.2 pp |
| 2024 | 43.5% | AU$151.21 Million | AU$85.47 Million | AU$261.43 Million | ▲ +109.2 pp |
| 2023 | -65.7% | AU$128.25 Million | AU$212.51 Million | AU$259.28 Million | ▼ -12.3 pp |
| 2022 | -53.4% | AU$98.17 Million | AU$150.64 Million | AU$185.97 Million | ▲ +33.9 pp |
| 2021 | -87.4% | AU$75.10 Million | AU$140.70 Million | AU$169.59 Million | ▲ +2.0 pp |
| 2020 | -89.3% | AU$33.07 Million | AU$62.61 Million | AU$85.85 Million | ▼ -86.1 pp |
| 2019 | -3.2% | AU$29.21 Million | AU$30.15 Million | AU$69.67 Million | ▲ +161.3 pp |
| 2018 | -164.5% | AU$12.11 Million | AU$32.03 Million | AU$63.11 Million | ▼ -79.9 pp |
| 2017 | -84.7% | AU$23.03 Million | AU$42.53 Million | AU$50.13 Million | ▼ -80.1 pp |
| 2016 | -4.5% | AU$2.57 Million | AU$2.69 Million | AU$14.48 Million | — |