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 what is Spirit Technology Solutions Ltd's book value for net asset value and shareholders' equity analysis.
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. Also explore ST1 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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 | — |