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. Also explore how fast is Virgin Australia Holdings Ltd 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
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. For live market cap and overall valuation, see Virgin Australia Holdings Ltd (VGN) market capitalisation.
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. Explore VGN capex to operating cash flow 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) |
|---|---|---|---|---|---|
| 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 | — |