Argo Blockchain PLC (ARB) — 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. See ARB working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Argo Blockchain PLC Tangible Net Worth Ratio (2018–2023)
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. See Argo Blockchain PLC (ARB) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Argo Blockchain PLC (2018–2023)
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 the full company profile including market capitalisation, see Argo Blockchain PLC 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 | — |