TUNGSTEN WEST PLC LS -01 (540) — Tangible Net Worth Ratio

Latest as of September 2024: 98.6%

TUNGSTEN WEST PLC LS -01 (540) has a Tangible Net Worth Ratio of 98.6% as of September 2024. This metric is calculated by deducting intangible assets (€102.21K) from net assets (€7.37 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 how liquid is TUNGSTEN WEST PLC LS -01's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

98.6%
Tangible equity / total equity

Net Assets (Equity)

€7.37 Million
EUR

Intangible Assets

€102.21K
Goodwill, patents, brand value

Total Assets

€42.03 Million
EUR

TUNGSTEN WEST PLC LS -01 Tangible Net Worth Ratio (2022–2024)

This chart shows how TUNGSTEN WEST PLC LS -01's Tangible Net Worth Ratio has changed across 3 annual periods from 2022 to 2024. As of September 2024, the ratio stands at 98.6%, reflecting net assets of €7.37 Million with intangible assets of €102.21K EUR. See TUNGSTEN WEST PLC LS -01 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for TUNGSTEN WEST PLC LS -01 (2022–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for TUNGSTEN WEST PLC LS -01 from 2022 to 2024, 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 TUNGSTEN WEST PLC LS -01 market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2024 99.3% €21.31 Million €138.83K €43.08 Million ▼ -0.1 pp
2023 99.5% €30.98 Million €170.16K €42.42 Million ▼ -0.4 pp
2022 99.8% €40.87 Million €73.40K €57.71 Million
pp = percentage points