Redflow Ltd (RFX) — Tangible Net Worth Ratio
Redflow Ltd (RFX) has a Tangible Net Worth Ratio of 92.7% as of December 2023. This metric is calculated by deducting intangible assets (AU$538.95K) from net assets (AU$7.41 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 Redflow 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
Redflow Ltd Tangible Net Worth Ratio (2008–2023)
This chart shows how Redflow Ltd's Tangible Net Worth Ratio has changed across 16 annual periods from 2008 to 2023. As of December 2023, the ratio stands at 92.7%, reflecting net assets of AU$7.41 Million with intangible assets of AU$538.95K AUD. For live market cap and overall valuation, see Redflow Ltd (RFX) total market value.
Annual Tangible Net Worth Ratio for Redflow Ltd (2008–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Redflow Ltd from 2008 to 2023, covering 16 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 reinvestment intensity of Redflow Ltd 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 | 94.5% | AU$9.12 Million | AU$501.23K | AU$13.90 Million | ▼ -0.6 pp |
| 2022 | 95.1% | AU$9.78 Million | AU$477.78K | AU$17.10 Million | ▼ -0.2 pp |
| 2021 | 95.3% | AU$8.93 Million | AU$415.69K | AU$16.87 Million | ▲ +2.8 pp |
| 2020 | 92.6% | AU$8.47 Million | AU$630.45K | AU$10.98 Million | ▼ -4.0 pp |
| 2019 | 96.6% | AU$17.60 Million | AU$606.61K | AU$20.84 Million | ▼ -0.4 pp |
| 2018 | 97.0% | AU$20.79 Million | AU$629.09K | AU$24.23 Million | ▲ +29.5 pp |
| 2017 | 67.4% | AU$1.85 Million | AU$601.12K | AU$10.25 Million | ▼ -29.2 pp |
| 2016 | 96.7% | AU$14.27 Million | AU$471.69K | AU$16.98 Million | ▼ -0.7 pp |
| 2015 | 97.4% | AU$14.47 Million | AU$379.38K | AU$18.48 Million | ▲ +0.2 pp |
| 2014 | 97.2% | AU$10.38 Million | AU$291.80K | AU$12.20 Million | ▲ +4.3 pp |
| 2013 | 92.8% | AU$5.82 Million | AU$416.36K | AU$6.86 Million | ▲ +0.1 pp |
| 2012 | 92.8% | AU$6.77 Million | AU$488.21K | AU$8.33 Million | ▼ -5.0 pp |
| 2011 | 97.8% | AU$16.03 Million | AU$349.07K | AU$18.51 Million | ▲ +8.0 pp |
| 2010 | 89.8% | AU$23.01 Million | AU$2.34 Million | AU$23.83 Million | ▼ -4.7 pp |
| 2009 | 94.5% | AU$712.80K | AU$39.23K | AU$1.16 Million | ▼ -1.3 pp |
| 2008 | 95.8% | AU$659.00K | AU$28.00K | AU$959.00K | — |