Regional Express Holdings Ltd (REX) — Tangible Net Worth Ratio
Regional Express Holdings Ltd (REX) has a Tangible Net Worth Ratio of 99.5% as of December 2023. This metric is calculated by deducting intangible assets (AU$815.00K) from net assets (AU$156.38 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 Regional Express Holdings Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Regional Express Holdings Ltd Tangible Net Worth Ratio (2004–2023)
This chart shows how Regional Express Holdings Ltd's Tangible Net Worth Ratio has changed across 20 annual periods from 2004 to 2023. As of December 2023, the ratio stands at 99.5%, reflecting net assets of AU$156.38 Million with intangible assets of AU$815.00K AUD. For live market cap and overall valuation, see REX company net worth.
Annual Tangible Net Worth Ratio for Regional Express Holdings Ltd (2004–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Regional Express Holdings Ltd from 2004 to 2023, covering 20 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 Regional Express Holdings Ltd capital reinvestment ratio 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) |
|---|---|---|---|---|---|
| 2023 | 99.5% | AU$161.45 Million | AU$875.00K | AU$652.67 Million | ▲ +0.1 pp |
| 2022 | 99.4% | AU$152.15 Million | AU$906.00K | AU$508.55 Million | ▼ -0.1 pp |
| 2021 | 99.5% | AU$174.41 Million | AU$791.00K | AU$418.19 Million | ▼ -0.3 pp |
| 2020 | 99.9% | AU$173.66 Million | AU$181.00K | AU$254.02 Million | ▼ 0.0 pp |
| 2019 | 99.9% | AU$205.42 Million | AU$213.00K | AU$272.85 Million | ▲ +0.0 pp |
| 2018 | 99.8% | AU$199.48 Million | AU$306.00K | AU$275.21 Million | ▲ +0.0 pp |
| 2017 | 99.8% | AU$196.44 Million | AU$335.00K | AU$272.81 Million | ▲ +0.1 pp |
| 2016 | 99.7% | AU$186.11 Million | AU$508.00K | AU$270.52 Million | ▲ +0.1 pp |
| 2015 | 99.6% | AU$194.84 Million | AU$760.00K | AU$280.93 Million | ▲ +0.1 pp |
| 2014 | 99.5% | AU$189.10 Million | AU$980.00K | AU$289.23 Million | ▲ +0.1 pp |
| 2013 | 99.4% | AU$180.94 Million | AU$1.12 Million | AU$260.03 Million | ▼ -0.5 pp |
| 2012 | 99.9% | AU$176.70 Million | AU$209.00K | AU$259.57 Million | ▲ +0.1 pp |
| 2011 | 99.8% | AU$160.77 Million | AU$285.00K | AU$239.57 Million | ▼ -0.1 pp |
| 2010 | 99.9% | AU$150.62 Million | AU$109.00K | AU$218.78 Million | ▲ +0.0 pp |
| 2009 | 99.9% | AU$125.41 Million | AU$137.00K | AU$170.74 Million | ▲ +0.0 pp |
| 2008 | 99.8% | AU$112.65 Million | AU$173.00K | AU$164.38 Million | ▲ +7.1 pp |
| 2007 | 92.8% | AU$102.47 Million | AU$7.39 Million | AU$157.47 Million | ▼ -6.9 pp |
| 2006 | 99.7% | AU$68.80 Million | AU$217.00K | AU$100.30 Million | ▼ -0.3 pp |
| 2005 | 100.0% | AU$50.90 Million | AU$0.00 | AU$78.00 Million | ▲ +4.8 pp |
| 2004 | 95.2% | AU$963.00K | AU$46.00K | AU$33.79 Million | — |