First Graphene Ltd (M11) — Tangible Net Worth Ratio
First Graphene Ltd (M11) has a Tangible Net Worth Ratio of 98.7% as of June 2024. This metric is calculated by deducting intangible assets (€78.29K) from net assets (€6.10 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 M11 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
First Graphene Ltd Tangible Net Worth Ratio (2017–2024)
This chart shows how First Graphene Ltd's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of June 2024, the ratio stands at 98.7%, reflecting net assets of €6.10 Million with intangible assets of €78.29K EUR. See M11 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for First Graphene Ltd (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for First Graphene Ltd from 2017 to 2024, covering 8 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 First Graphene Ltd (M11) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.7% | €6.10 Million | €78.29K | €9.64 Million | ▲ +0.9 pp |
| 2023 | 97.8% | €6.85 Million | €151.70K | €11.71 Million | ▼ -0.8 pp |
| 2022 | 98.6% | €8.38 Million | €118.16K | €15.42 Million | ▼ -0.3 pp |
| 2021 | 98.9% | €9.22 Million | €101.65K | €15.99 Million | ▲ +1.3 pp |
| 2020 | 97.6% | €12.25 Million | €294.81K | €14.11 Million | ▲ +1.7 pp |
| 2019 | 95.9% | €6.09 Million | €250.00K | €7.11 Million | ▼ -0.5 pp |
| 2018 | 96.4% | €6.90 Million | €250.00K | €9.03 Million | ▼ -3.6 pp |
| 2017 | 100.0% | €6.09 Million | €0.00 | €7.16 Million | — |