Thunderbird Resources Ltd (THB) — Tangible Net Worth Ratio
Thunderbird Resources Ltd (THB) has a Tangible Net Worth Ratio of 100.0% as of June 2024. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$14.75 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 Thunderbird Resources Ltd (THB) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Thunderbird Resources Ltd Tangible Net Worth Ratio (1997–2024)
This chart shows how Thunderbird Resources Ltd's Tangible Net Worth Ratio has changed across 23 annual periods from 1997 to 2024. As of June 2024, the ratio stands at 100.0%, reflecting net assets of AU$14.75 Million with intangible assets of AU$0.00 AUD. See THB defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Thunderbird Resources Ltd (1997–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Thunderbird Resources Ltd from 1997 to 2024, covering 23 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 Thunderbird Resources Ltd (THB) total market value.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | AU$14.75 Million | AU$0.00 | AU$17.23 Million | ▲ +0.0 pp |
| 2023 | 100.0% | AU$12.66 Million | AU$0.00 | AU$15.07 Million | ▲ +0.0 pp |
| 2022 | 100.0% | AU$13.72 Million | AU$0.00 | AU$15.76 Million | ▲ +0.0 pp |
| 2021 | 100.0% | AU$6.52 Million | AU$0.00 | AU$7.05 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$1.02 Million | AU$0.00 | AU$15.95 Million | ▲ +0.0 pp |
| 2019 | 100.0% | AU$4.67 Million | AU$0.00 | AU$18.08 Million | ▲ +0.0 pp |
| 2018 | 100.0% | AU$4.31 Million | AU$0.00 | AU$16.52 Million | ▲ +0.0 pp |
| 2017 | 100.0% | AU$4.11 Million | AU$0.00 | AU$15.20 Million | ▲ +0.0 pp |
| 2015 | 100.0% | AU$267.87K | AU$0.00 | AU$1.08 Million | ▲ +0.0 pp |
| 2014 | 100.0% | AU$3.60 Million | AU$0.00 | AU$3.85 Million | ▲ +0.0 pp |
| 2013 | 100.0% | AU$35.23 Million | AU$0.00 | AU$35.39 Million | ▲ +0.0 pp |
| 2012 | 100.0% | AU$27.58 Million | AU$0.00 | AU$29.12 Million | ▲ +0.0 pp |
| 2011 | 100.0% | AU$15.95 Million | AU$0.00 | AU$16.39 Million | ▲ +0.0 pp |
| 2010 | 100.0% | AU$3.56 Million | AU$0.00 | AU$3.64 Million | ▲ +0.0 pp |
| 2005 | 100.0% | AU$21.52 Million | AU$0.00 | AU$82.29 Million | ▲ +0.0 pp |
| 2004 | 100.0% | AU$29.36 Million | AU$0.00 | AU$32.86 Million | ▲ +0.0 pp |
| 2003 | 100.0% | AU$11.38 Million | AU$0.00 | AU$20.36 Million | ▲ +0.0 pp |
| 2002 | 100.0% | AU$9.76 Million | AU$0.00 | AU$15.81 Million | ▲ +0.0 pp |
| 2001 | 100.0% | AU$8.68 Million | AU$0.00 | AU$14.79 Million | ▲ +0.0 pp |
| 2000 | 100.0% | AU$11.07 Million | AU$0.00 | AU$12.31 Million | ▲ +0.0 pp |
| 1999 | 100.0% | AU$7.61 Million | AU$0.00 | AU$8.24 Million | ▲ +0.0 pp |
| 1998 | 100.0% | AU$8.03 Million | AU$0.00 | AU$8.27 Million | ▲ +0.0 pp |
| 1997 | 100.0% | AU$3.32 Million | AU$0.00 | AU$4.58 Million | — |