The Lottery Corporation Ltd (TLC) — Tangible Net Worth Ratio
The Lottery Corporation Ltd (TLC) has a Tangible Net Worth Ratio of -747.5% as of December 2025. This metric is calculated by deducting intangible assets (AU$2.88 Billion) from net assets (AU$339.60 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. For live market cap and overall valuation, see The Lottery Corporation Ltd (TLC) total market value.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
The Lottery Corporation Ltd Tangible Net Worth Ratio (2021–2025)
This chart shows how The Lottery Corporation Ltd's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at -747.5%, reflecting net assets of AU$339.60 Million with intangible assets of AU$2.88 Billion AUD. Also explore The Lottery Corporation Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for The Lottery Corporation Ltd (2021–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for The Lottery Corporation Ltd from 2021 to 2025, covering 5 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. See The Lottery Corporation Ltd (TLC) flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -155.5% | AU$321.80 Million | AU$822.20 Million | AU$4.41 Billion | ▼ -22.6 pp |
| 2024 | -132.9% | AU$363.10 Million | AU$845.50 Million | AU$4.36 Billion | ▲ +889.3 pp |
| 2023 | -1022.1% | AU$264.80 Million | AU$2.97 Billion | AU$4.37 Billion | ▲ +105.8 pp |
| 2022 | -1127.9% | AU$242.80 Million | AU$2.98 Billion | AU$4.22 Billion | ▼ -1014.0 pp |
| 2021 | -113.9% | AU$272.30 Million | AU$582.50 Million | AU$2.71 Billion | — |