Develop North PLC (DVNO) — Tangible Net Worth Ratio

Latest as of May 2026: 100.0%

Develop North PLC (DVNO) has a Tangible Net Worth Ratio of 100.0% as of May 2026. This metric is calculated by deducting intangible assets (GBX0.00) from net assets (GBX19.47 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 Develop North PLC equity growth rate to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

GBX19.47 Million
GBX

Intangible Assets

GBX0.00
Goodwill, patents, brand value

Total Assets

GBX24.05 Million
GBX

Develop North PLC Tangible Net Worth Ratio (2017–2025)

This chart shows how Develop North PLC's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of May 2026, the ratio stands at 100.0%, reflecting net assets of GBX19.47 Million with intangible assets of GBX0.00 GBX. For live market cap and overall valuation, see DVNO stock market capitalisation.

Annual Tangible Net Worth Ratio for Develop North PLC (2017–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Develop North PLC from 2017 to 2025, covering 9 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. Explore DVNO capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (GBX) Intangible Assets Total Assets Change (pp)
2025 100.0% GBX19.35 Million GBX0.00 GBX26.43 Million ▲ +0.0 pp
2024 100.0% GBX19.94 Million GBX0.00 GBX22.18 Million ▲ +0.0 pp
2023 100.0% GBX20.70 Million GBX0.00 GBX20.89 Million ▲ +0.0 pp
2022 100.0% GBX22.13 Million GBX0.00 GBX26.13 Million ▲ +0.0 pp
2021 100.0% GBX22.58 Million GBX0.00 GBX22.72 Million ▲ +0.0 pp
2020 100.0% GBX22.60 Million GBX0.00 GBX23.88 Million ▲ +0.0 pp
2019 100.0% GBX22.65 Million GBX0.00 GBX26.40 Million ▲ +0.0 pp
2018 100.0% GBX25.41 Million GBX0.00 GBX28.56 Million ▲ +0.0 pp
2017 100.0% GBX22.27 Million GBX0.00 GBX22.40 Million
pp = percentage points