Cairn Homes PLC (CRN) — Tangible Net Worth Ratio
Cairn Homes PLC (CRN) has a Tangible Net Worth Ratio of 99.4% as of June 2025. This metric is calculated by deducting intangible assets (GBX4.30 Million) from net assets (GBX763.57 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 Cairn Homes PLC's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Cairn Homes PLC Tangible Net Worth Ratio (2015–2024)
This chart shows how Cairn Homes PLC's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of June 2025, the ratio stands at 99.4%, reflecting net assets of GBX763.57 Million with intangible assets of GBX4.30 Million GBX. See Cairn Homes PLC defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Cairn Homes PLC (2015–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Cairn Homes PLC from 2015 to 2024, covering 10 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 Cairn Homes PLC (CRN) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.4% | GBX758.21 Million | GBX4.42 Million | GBX1.06 Billion | ▼ 0.0 pp |
| 2023 | 99.4% | GBX757.16 Million | GBX4.21 Million | GBX1.04 Billion | ▼ -0.2 pp |
| 2022 | 99.6% | GBX751.82 Million | GBX3.04 Million | GBX1.03 Billion | ▼ -0.2 pp |
| 2021 | 99.8% | GBX778.78 Million | GBX1.43 Million | GBX1.01 Billion | ▼ -0.1 pp |
| 2020 | 99.9% | GBX750.57 Million | GBX552.00K | GBX1.02 Billion | ▲ +0.0 pp |
| 2019 | 99.9% | GBX763.74 Million | GBX673.00K | GBX970.16 Million | ▲ +0.0 pp |
| 2018 | 99.9% | GBX756.56 Million | GBX855.00K | GBX1.01 Billion | ▲ +0.0 pp |
| 2017 | 99.9% | GBX721.72 Million | GBX821.00K | GBX1.01 Billion | ▼ 0.0 pp |
| 2016 | 99.9% | GBX664.37 Million | GBX485.00K | GBX834.26 Million | ▼ 0.0 pp |
| 2015 | 100.0% | GBX497.99 Million | GBX130.00K | GBX574.05 Million | — |