US Masters Residential Property Fund (URF) — Tangible Net Worth Ratio
US Masters Residential Property Fund (URF) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets (AU$0.00) from net assets (AU$237.96 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. Also explore how fast is US Masters Residential Property Fund growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
US Masters Residential Property Fund Tangible Net Worth Ratio (2011–2025)
This chart shows how US Masters Residential Property Fund's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of AU$237.96 Million with intangible assets of AU$0.00 AUD. For live market cap and overall valuation, see URF market cap overview.
Annual Tangible Net Worth Ratio for US Masters Residential Property Fund (2011–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for US Masters Residential Property Fund from 2011 to 2025, covering 15 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. Explore URF capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | AU$237.96 Million | AU$0.00 | AU$362.52 Million | ▲ +0.0 pp |
| 2024 | 100.0% | AU$400.37 Million | AU$0.00 | AU$811.61 Million | ▲ +0.0 pp |
| 2023 | 100.0% | AU$421.24 Million | AU$0.00 | AU$936.56 Million | ▲ +0.0 pp |
| 2022 | 100.0% | AU$455.42 Million | AU$0.00 | AU$1.02 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | AU$444.80 Million | AU$0.00 | AU$975.36 Million | ▲ +0.0 pp |
| 2020 | 100.0% | AU$409.68 Million | AU$0.00 | AU$1.03 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | AU$560.82 Million | AU$0.00 | AU$1.30 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | AU$827.53 Million | AU$0.00 | AU$1.50 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | AU$808.06 Million | AU$0.00 | AU$1.37 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | AU$706.00 Million | AU$0.00 | AU$1.25 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | AU$656.31 Million | AU$0.00 | AU$1.11 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | AU$535.77 Million | AU$0.00 | AU$818.72 Million | ▲ +0.0 pp |
| 2013 | 100.0% | AU$349.24 Million | AU$0.00 | AU$430.34 Million | ▲ +0.0 pp |
| 2012 | 100.0% | AU$238.29 Million | AU$0.00 | AU$257.17 Million | ▲ +0.0 pp |
| 2011 | 100.0% | AU$95.61 Million | AU$0.00 | AU$96.71 Million | — |