Simble Solutions Ltd (SIS) — Tangible Net Worth Ratio

Latest as of June 2022: 100.0%

Simble Solutions Ltd (SIS) has a Tangible Net Worth Ratio of 100.0% as of June 2022. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$632.84K) 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 Simble Solutions Ltd shareholders equity for net asset value and shareholders' equity analysis.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

AU$632.84K
AUD

Intangible Assets

AU$0.00
Goodwill, patents, brand value

Total Assets

AU$1.85 Million
AUD

Simble Solutions Ltd Tangible Net Worth Ratio (2016–2021)

This chart shows how Simble Solutions Ltd's Tangible Net Worth Ratio has changed across 3 annual periods from 2016 to 2021. As of June 2022, the ratio stands at 100.0%, reflecting net assets of AU$632.84K with intangible assets of AU$0.00 AUD. Also explore Simble Solutions Ltd (SIS) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Simble Solutions Ltd (2016–2021)

The table below presents the year-by-year Tangible Net Worth Ratio for Simble Solutions Ltd from 2016 to 2021, 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 SIS market cap overview.

Year Tangible NW Ratio Net Assets (AUD) Intangible Assets Total Assets Change (pp)
2021 100.0% AU$2.27K AU$0.00 AU$1.26 Million ▲ +91.4 pp
2018 8.6% AU$3.34 Million AU$3.05 Million AU$5.97 Million ▲ +184.8 pp
2016 -176.1% AU$1.71 Million AU$4.71 Million AU$6.55 Million
pp = percentage points