Xref Ltd (XF1) — Tangible Net Worth Ratio
Xref Ltd (XF1) has a Tangible Net Worth Ratio of -158.9% as of December 2022. This metric is calculated by deducting intangible assets (AU$3.50 Million) from net assets (AU$1.35 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 Xref Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Xref Ltd Tangible Net Worth Ratio (2007–2022)
This chart shows how Xref Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2007 to 2022. As of December 2022, the ratio stands at -158.9%, reflecting net assets of AU$1.35 Million with intangible assets of AU$3.50 Million AUD. See Xref Ltd (XF1) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Xref Ltd (2007–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Xref Ltd from 2007 to 2022, 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. For the full company profile including market capitalisation, see how much is Xref Ltd worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -86.1% | AU$1.47 Million | AU$2.74 Million | AU$20.17 Million | ▼ -182.0 pp |
| 2019 | 95.9% | AU$3.16 Million | AU$130.68K | AU$11.90 Million | ▲ +1.9 pp |
| 2018 | 93.9% | AU$1.94 Million | AU$117.95K | AU$8.39 Million | ▼ -2.9 pp |
| 2017 | 96.9% | AU$3.25 Million | AU$101.68K | AU$7.27 Million | ▼ -3.1 pp |
| 2016 | 100.0% | AU$1.83 Million | AU$0.00 | AU$3.79 Million | ▲ +0.0 pp |
| 2015 | 100.0% | AU$1.33 Million | AU$0.00 | AU$1.67 Million | ▲ +1.3 pp |
| 2014 | 98.7% | AU$1.15 Million | AU$14.96K | AU$1.42 Million | ▼ -1.3 pp |
| 2014 | 100.0% | AU$1.12 Million | AU$0.00 | AU$1.42 Million | ▲ +0.0 pp |
| 2013 | 100.0% | AU$1.45 Million | AU$0.00 | AU$1.78 Million | ▲ +0.0 pp |
| 2012 | 100.0% | AU$7.51 Million | AU$345.00 | AU$8.62 Million | ▼ 0.0 pp |
| 2011 | 100.0% | AU$8.26 Million | AU$0.00 | AU$8.42 Million | ▲ +0.0 pp |
| 2010 | 100.0% | AU$5.19 Million | AU$0.00 | AU$5.30 Million | ▲ +0.0 pp |
| 2009 | 100.0% | AU$7.74 Million | AU$3.60K | AU$7.88 Million | ▲ +0.1 pp |
| 2008 | 99.9% | AU$8.88 Million | AU$9.23K | AU$9.12 Million | ▼ -0.1 pp |
| 2007 | 100.0% | AU$1.11 Million | AU$271.00 | AU$11.41 Million | — |