Argo Blockchain PLC Tangible Net Worth Ratio
Argo Blockchain PLC tangible net worth ratio. Argo Blockchain PLC (ARB) has a Tangible Net Worth Ratio of 86.5% as of March 2024. This metric is calculated by deducting intangible assets (GBX1.04 Million) from net assets (GBX7.74 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 Argo Blockchain PLC equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Argo Blockchain PLC (2018–2023)
Tangible net worth ratio of Argo Blockchain PLC from 2018 to 2023. This chart shows how Argo Blockchain PLC's Tangible Net Worth Ratio has changed across 6 annual periods from 2018 to 2023. As of March 2024, the ratio stands at 86.5%, reflecting net assets of GBX7.74 Million with intangible assets of GBX1.04 Million GBX. Check ARB strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Argo Blockchain PLC Tangible Net Worth Ratio by Year (2018–2023)
Argo Blockchain PLC tangible net worth ratio by year from 2018 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Argo Blockchain PLC from 2018 to 2023, covering 6 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 live market cap and overall valuation, see ARB stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -391.1% | GBX158.00K | GBX776.00K | GBX75.94 Million | ▼ -484.0 pp |
| 2022 | 92.9% | GBX24.58 Million | GBX1.76 Million | GBX110.23 Million | ▼ -4.4 pp |
| 2021 | 97.3% | GBX272.27 Million | GBX7.46 Million | GBX388.15 Million | ▼ -1.2 pp |
| 2020 | 98.5% | GBX33.15 Million | GBX501.52K | GBX44.49 Million | ▲ +0.8 pp |
| 2019 | 97.7% | GBX27.19 Million | GBX631.90K | GBX32.42 Million | ▲ +0.6 pp |
| 2018 | 97.1% | GBX27.19 Million | GBX786.09K | GBX27.47 Million | — |