Virgin Australia Holdings Ltd (VGN) — Tangible Net Worth Ratio
Virgin Australia Holdings Ltd (VGN) has a Tangible Net Worth Ratio of 1.5% as of June 2019. This metric is calculated by deducting intangible assets (AU$580.70 Million) from net assets (AU$589.70 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 VGN total equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Virgin Australia Holdings Ltd Tangible Net Worth Ratio (2017–2019)
This chart shows how Virgin Australia Holdings Ltd's Tangible Net Worth Ratio has changed across 3 annual periods from 2017 to 2019. As of June 2019, the ratio stands at 1.5%, reflecting net assets of AU$589.70 Million with intangible assets of AU$580.70 Million AUD. Also explore VGN shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Virgin Australia Holdings Ltd (2017–2019)
The table below presents the year-by-year Tangible Net Worth Ratio for Virgin Australia Holdings Ltd from 2017 to 2019, covering 3 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 market value of Virgin Australia Holdings Ltd.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | 41.8% | AU$589.70 Million | AU$343.10 Million | AU$6.47 Billion | ▼ -28.3 pp |
| 2018 | 70.1% | AU$1.09 Billion | AU$326.20 Million | AU$6.19 Billion | ▼ -9.1 pp |
| 2017 | 79.2% | AU$1.57 Billion | AU$326.40 Million | AU$6.36 Billion | — |