White Energy Company Ltd (WEC) — Tangible Net Worth Ratio
White Energy Company Ltd (WEC) has a Tangible Net Worth Ratio of -826.1% as of December 2016. This metric is calculated by deducting intangible assets (AU$25.79 Million) from net assets (AU$2.79 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 WEC market cap overview.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
White Energy Company Ltd Tangible Net Worth Ratio (1998–2016)
This chart shows how White Energy Company Ltd's Tangible Net Worth Ratio has changed across 19 annual periods from 1998 to 2016. As of December 2016, the ratio stands at -826.1%, reflecting net assets of AU$2.79 Million with intangible assets of AU$25.79 Million AUD. Also explore White Energy Company Ltd (WEC) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for White Energy Company Ltd (1998–2016)
The table below presents the year-by-year Tangible Net Worth Ratio for White Energy Company Ltd from 1998 to 2016, covering 19 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 financial agility of White Energy Company Ltd 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) |
|---|---|---|---|---|---|
| 2016 | -62.9% | AU$17.02 Million | AU$27.72 Million | AU$98.43 Million | ▼ -131.7 pp |
| 2015 | 68.8% | AU$101.34 Million | AU$31.57 Million | AU$170.42 Million | ▼ -5.8 pp |
| 2014 | 74.6% | AU$139.56 Million | AU$35.41 Million | AU$180.41 Million | ▼ -2.3 pp |
| 2013 | 77.0% | AU$181.82 Million | AU$41.87 Million | AU$205.79 Million | ▼ -8.5 pp |
| 2012 | 85.5% | AU$297.28 Million | AU$43.17 Million | AU$384.30 Million | ▼ -1.8 pp |
| 2011 | 87.3% | AU$370.57 Million | AU$47.18 Million | AU$534.41 Million | ▲ +16.9 pp |
| 2010 | 70.3% | AU$171.84 Million | AU$50.98 Million | AU$325.99 Million | ▲ +34.9 pp |
| 2009 | 35.4% | AU$82.33 Million | AU$53.19 Million | AU$221.57 Million | ▲ +10.8 pp |
| 2008 | 24.6% | AU$71.00 Million | AU$53.52 Million | AU$148.17 Million | ▼ -3.4 pp |
| 2007 | 28.1% | AU$77.47 Million | AU$55.73 Million | AU$85.89 Million | ▲ +19.2 pp |
| 2006 | 8.8% | AU$61.41 Million | AU$55.98 Million | AU$65.83 Million | ▼ -91.2 pp |
| 2005 | 100.0% | AU$5.18 Million | AU$0.00 | AU$5.27 Million | ▲ +0.0 pp |
| 2004 | 100.0% | AU$572.26K | AU$0.00 | AU$834.55K | ▲ +0.0 pp |
| 2003 | 100.0% | AU$49.28K | AU$0.00 | AU$312.00K | ▲ +0.0 pp |
| 2002 | 100.0% | AU$348.35K | AU$0.00 | AU$1.20 Million | ▲ +0.0 pp |
| 2001 | 100.0% | AU$2.69 Million | AU$0.00 | AU$3.78 Million | ▲ +2.3 pp |
| 2000 | 97.7% | AU$22.22 Million | AU$515.00K | AU$25.47 Million | ▼ -2.3 pp |
| 1999 | 100.0% | AU$10.01 Million | AU$0.00 | AU$14.31 Million | ▲ +0.0 pp |
| 1998 | 100.0% | AU$40.21 Million | AU$0.00 | AU$43.80 Million | — |