Spirit Technology Solutions Ltd (ST1) — Tangible Net Worth Ratio
Spirit Technology Solutions Ltd (ST1) has a Tangible Net Worth Ratio of 78.7% as of June 2025. This metric is calculated by deducting intangible assets (AU$21.00 Million) from net assets (AU$98.57 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 Spirit Technology Solutions Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Spirit Technology Solutions Ltd Tangible Net Worth Ratio (1999–2025)
This chart shows how Spirit Technology Solutions Ltd's Tangible Net Worth Ratio has changed across 26 annual periods from 1999 to 2025. As of June 2025, the ratio stands at 78.7%, reflecting net assets of AU$98.57 Million with intangible assets of AU$21.00 Million AUD. See defensive interval ratio of Spirit Technology Solutions Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Spirit Technology Solutions Ltd (1999–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Spirit Technology Solutions Ltd from 1999 to 2025, covering 26 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 Spirit Technology Solutions Ltd market capitalisation.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 78.7% | AU$98.57 Million | AU$21.00 Million | AU$172.68 Million | ▲ +10.6 pp |
| 2024 | 68.1% | AU$73.05 Million | AU$23.28 Million | AU$171.42 Million | ▲ +114.2 pp |
| 2023 | -46.0% | AU$53.13 Million | AU$77.59 Million | AU$119.18 Million | ▼ -13.3 pp |
| 2022 | -32.7% | AU$59.42 Million | AU$78.86 Million | AU$123.51 Million | ▼ -19.1 pp |
| 2021 | -13.6% | AU$109.68 Million | AU$124.56 Million | AU$177.31 Million | ▼ -46.9 pp |
| 2020 | 33.4% | AU$38.06 Million | AU$25.36 Million | AU$55.05 Million | ▼ -54.4 pp |
| 2019 | 87.8% | AU$22.05 Million | AU$2.70 Million | AU$30.37 Million | ▲ +5.6 pp |
| 2018 | 82.1% | AU$15.51 Million | AU$2.77 Million | AU$21.99 Million | ▲ +20.0 pp |
| 2017 | 62.1% | AU$5.96 Million | AU$2.26 Million | AU$12.28 Million | ▼ -19.1 pp |
| 2016 | 81.2% | AU$3.21 Million | AU$604.22K | AU$7.31 Million | ▲ +44.1 pp |
| 2015 | 37.1% | AU$917.83K | AU$576.89K | AU$1.07 Million | ▼ -53.2 pp |
| 2014 | 90.4% | AU$2.62 Million | AU$252.00K | AU$2.85 Million | ▼ -9.6 pp |
| 2013 | 100.0% | AU$1.87 Million | AU$0.00 | AU$2.05 Million | ▲ +0.0 pp |
| 2012 | 100.0% | AU$1.88 Million | AU$0.00 | AU$2.62 Million | ▲ +0.0 pp |
| 2011 | 100.0% | AU$1.19 Million | AU$0.00 | AU$1.52 Million | ▲ +0.0 pp |
| 2010 | 100.0% | AU$1.28 Million | AU$0.00 | AU$1.56 Million | ▲ +14.7 pp |
| 2009 | 85.3% | AU$1.40 Million | AU$205.00K | AU$2.39 Million | ▼ -13.7 pp |
| 2008 | 99.1% | AU$5.86 Million | AU$55.00K | AU$6.23 Million | ▲ +0.2 pp |
| 2007 | 98.9% | AU$3.16 Million | AU$35.00K | AU$3.36 Million | ▲ +0.7 pp |
| 2005 | 98.1% | AU$1.29 Million | AU$24.00K | AU$3.35 Million | ▲ +41.6 pp |
| 2004 | 56.6% | AU$9.24 Million | AU$4.02 Million | AU$9.93 Million | ▼ -43.4 pp |
| 2003 | 100.0% | AU$107.24K | AU$0.00 | AU$900.63K | ▲ +0.0 pp |
| 2002 | 100.0% | AU$312.37K | AU$0.00 | AU$430.77K | ▲ +40.4 pp |
| 2001 | 59.6% | AU$3.72 Million | AU$1.50 Million | AU$6.20 Million | ▼ -17.1 pp |
| 2000 | 76.8% | AU$13.42 Million | AU$3.12 Million | AU$16.46 Million | ▼ -23.2 pp |
| 1999 | 100.0% | AU$176.69K | AU$0.00 | AU$682.45K | — |