Swift Networks Group Ltd (SW1) — Tangible Net Worth Ratio
Swift Networks Group Ltd (SW1) has a Tangible Net Worth Ratio of -408.9% as of June 2021. This metric is calculated by deducting intangible assets (AU$1.71 Million) from net assets (AU$336.00K) 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 how liquid is Swift Networks Group Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Swift Networks Group Ltd Tangible Net Worth Ratio (1989–2021)
This chart shows how Swift Networks Group Ltd's Tangible Net Worth Ratio has changed across 24 annual periods from 1989 to 2021. As of June 2021, the ratio stands at -408.9%, reflecting net assets of AU$336.00K with intangible assets of AU$1.71 Million AUD. See Swift Networks Group Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Swift Networks Group Ltd (1989–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Swift Networks Group Ltd from 1989 to 2021, covering 24 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 SW1 company net worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | -408.9% | AU$336.00K | AU$1.71 Million | AU$14.47 Million | ▼ -458.1 pp |
| 2019 | 49.2% | AU$10.44 Million | AU$5.31 Million | AU$38.88 Million | ▼ -35.7 pp |
| 2018 | 84.8% | AU$7.86 Million | AU$1.19 Million | AU$25.28 Million | ▼ -8.7 pp |
| 2017 | 93.5% | AU$6.14 Million | AU$397.78K | AU$14.48 Million | ▲ +6.4 pp |
| 2016 | 87.2% | AU$5.34 Million | AU$685.76K | AU$11.90 Million | ▼ -12.8 pp |
| 2015 | 100.0% | AU$999.16K | AU$0.00 | AU$1.15 Million | ▲ +0.0 pp |
| 2013 | 100.0% | AU$230.48K | AU$0.00 | AU$705.32K | ▲ +7.9 pp |
| 2008 | 92.1% | AU$4.96 Million | AU$389.75K | AU$7.54 Million | ▼ -1.7 pp |
| 2007 | 93.9% | AU$6.35 Million | AU$389.06K | AU$8.08 Million | ▲ +2.1 pp |
| 2006 | 91.8% | AU$7.03 Million | AU$578.98K | AU$9.10 Million | ▲ +83.7 pp |
| 2005 | 8.1% | AU$4.81 Million | AU$4.42 Million | AU$6.06 Million | ▼ -2.8 pp |
| 2004 | 10.9% | AU$5.22 Million | AU$4.65 Million | AU$6.11 Million | ▼ -21.5 pp |
| 2002 | 32.4% | AU$722.20K | AU$487.90K | AU$2.55 Million | ▼ -46.8 pp |
| 2001 | 79.3% | AU$2.60 Million | AU$537.94K | AU$4.39 Million | ▲ +10.9 pp |
| 2000 | 68.4% | AU$2.67 Million | AU$841.88K | AU$4.18 Million | ▲ +29.7 pp |
| 1999 | 38.7% | AU$1.04 Million | AU$636.52K | AU$2.83 Million | ▲ +47.9 pp |
| 1998 | -9.1% | AU$1.95 Million | AU$2.12 Million | AU$4.40 Million | ▼ -97.4 pp |
| 1997 | 88.3% | AU$383.91K | AU$45.00K | AU$481.80K | ▲ +3.8 pp |
| 1996 | 84.5% | AU$773.65K | AU$120.00K | AU$944.10K | ▲ +14.2 pp |
| 1995 | 70.3% | AU$539.00K | AU$160.00K | AU$704.00K | ▲ +223.5 pp |
| 1994 | -153.2% | AU$79.00K | AU$200.00K | AU$479.00K | ▼ -253.2 pp |
| 1991 | 100.0% | AU$329.00K | AU$0.00 | AU$2.54 Million | ▲ +6.8 pp |
| 1990 | 93.2% | AU$1.47 Million | AU$100.00K | AU$3.93 Million | ▲ +97.4 pp |
| 1989 | -4.2% | AU$576.00K | AU$600.00K | AU$1.63 Million | — |