Rewardle Holdings Ltd (RXH) — Tangible Net Worth Ratio
Rewardle Holdings Ltd (RXH) has a Tangible Net Worth Ratio of 63.8% as of December 2023. This metric is calculated by deducting intangible assets (AU$642.05K) from net assets (AU$1.77 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 Rewardle Holdings Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Rewardle Holdings Ltd Tangible Net Worth Ratio (2015–2023)
This chart shows how Rewardle Holdings Ltd's Tangible Net Worth Ratio has changed across 3 annual periods from 2015 to 2023. As of December 2023, the ratio stands at 63.8%, reflecting net assets of AU$1.77 Million with intangible assets of AU$642.05K AUD. See Rewardle Holdings Ltd (RXH) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Rewardle Holdings Ltd (2015–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Rewardle Holdings Ltd from 2015 to 2023, covering 3 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 RXH stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 85.2% | AU$4.25 Million | AU$629.93K | AU$8.72 Million | ▼ -14.8 pp |
| 2016 | 100.0% | AU$467.29K | AU$0.00 | AU$1.07 Million | ▲ +0.0 pp |
| 2015 | 100.0% | AU$4.64 Million | AU$0.00 | AU$4.98 Million | — |