Ascent Resources plc (AST) — Tangible Net Worth Ratio
Ascent Resources plc (AST) has a Tangible Net Worth Ratio of 98.3% as of June 2022. This metric is calculated by deducting intangible assets (GBX653.00K) from net assets (GBX39.36 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 AST 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
Ascent Resources plc Tangible Net Worth Ratio (2005–2021)
This chart shows how Ascent Resources plc's Tangible Net Worth Ratio has changed across 17 annual periods from 2005 to 2021. As of June 2022, the ratio stands at 98.3%, reflecting net assets of GBX39.36 Million with intangible assets of GBX653.00K GBX. See Ascent Resources plc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Ascent Resources plc (2005–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Ascent Resources plc from 2005 to 2021, covering 17 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 Ascent Resources plc market capitalisation.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 98.3% | GBX38.56 Million | GBX653.00K | GBX40.63 Million | ▼ -0.1 pp |
| 2020 | 98.4% | GBX40.99 Million | GBX653.00K | GBX42.67 Million | ▼ -1.6 pp |
| 2019 | 100.0% | GBX40.11 Million | GBX0.00 | GBX41.22 Million | ▲ +0.0 pp |
| 2018 | 100.0% | GBX43.08 Million | GBX0.00 | GBX43.78 Million | ▲ +0.0 pp |
| 2017 | 100.0% | GBX43.73 Million | GBX0.00 | GBX44.61 Million | ▲ +0.1 pp |
| 2016 | 99.9% | GBX33.87 Million | GBX26.00K | GBX40.73 Million | ▲ +158.1 pp |
| 2015 | -58.2% | GBX20.67 Million | GBX32.71 Million | GBX32.81 Million | ▲ +4.0 pp |
| 2014 | -62.2% | GBX20.45 Million | GBX33.17 Million | GBX33.72 Million | ▼ -28.3 pp |
| 2013 | -33.9% | GBX25.11 Million | GBX33.63 Million | GBX33.92 Million | ▼ -12.6 pp |
| 2012 | -21.3% | GBX26.55 Million | GBX32.20 Million | GBX36.89 Million | ▼ -25.8 pp |
| 2011 | 4.5% | GBX35.43 Million | GBX33.83 Million | GBX39.01 Million | ▲ +0.1 pp |
| 2010 | 4.4% | GBX9.97 Million | GBX9.54 Million | GBX15.63 Million | ▲ +22.6 pp |
| 2009 | -18.2% | GBX8.81 Million | GBX10.42 Million | GBX20.01 Million | ▲ +5.2 pp |
| 2008 | -23.4% | GBX10.65 Million | GBX13.15 Million | GBX20.28 Million | ▼ -26.0 pp |
| 2007 | 2.5% | GBX9.84 Million | GBX9.59 Million | GBX16.13 Million | ▼ -29.1 pp |
| 2006 | 31.6% | GBX6.17 Million | GBX4.22 Million | GBX9.77 Million | ▼ -67.1 pp |
| 2005 | 98.8% | GBX4.83 Million | GBX60.00K | GBX4.88 Million | — |