Gulf Keystone Petroleum Ltd (GKP) — Tangible Net Worth Ratio
Gulf Keystone Petroleum Ltd (GKP) has a Tangible Net Worth Ratio of 99.9% as of June 2025. This metric is calculated by deducting intangible assets (GBX607.00K) from net assets (GBX480.48 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 working capital position of Gulf Keystone Petroleum Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Gulf Keystone Petroleum Ltd Tangible Net Worth Ratio (2003–2024)
This chart shows how Gulf Keystone Petroleum Ltd's Tangible Net Worth Ratio has changed across 22 annual periods from 2003 to 2024. As of June 2025, the ratio stands at 99.9%, reflecting net assets of GBX480.48 Million with intangible assets of GBX607.00K GBX. See GKP cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Gulf Keystone Petroleum Ltd (2003–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Gulf Keystone Petroleum Ltd from 2003 to 2024, covering 22 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 market cap of Gulf Keystone Petroleum Ltd.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.8% | GBX512.33 Million | GBX1.25 Million | GBX667.68 Million | ▲ +0.3 pp |
| 2023 | 99.5% | GBX547.24 Million | GBX2.81 Million | GBX697.15 Million | ▲ +0.2 pp |
| 2022 | 99.2% | GBX572.92 Million | GBX4.31 Million | GBX744.36 Million | ▼ -0.1 pp |
| 2021 | 99.3% | GBX521.70 Million | GBX3.58 Million | GBX764.26 Million | ▼ -0.5 pp |
| 2020 | 99.8% | GBX454.02 Million | GBX933.00K | GBX658.51 Million | ▼ -0.1 pp |
| 2019 | 99.9% | GBX519.92 Million | GBX454.00K | GBX733.89 Million | ▼ -0.1 pp |
| 2018 | 100.0% | GBX552.82 Million | GBX84.00K | GBX758.85 Million | ▼ 0.0 pp |
| 2017 | 100.0% | GBX471.89 Million | GBX63.00K | GBX657.29 Million | ▲ +0.0 pp |
| 2016 | 100.0% | GBX453.77 Million | GBX99.00K | GBX640.19 Million | ▼ 0.0 pp |
| 2015 | 100.0% | GBX245.65 Million | GBX14.00K | GBX956.07 Million | ▲ +0.0 pp |
| 2014 | 100.0% | GBX339.61 Million | GBX47.00K | GBX1.01 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | GBX562.37 Million | GBX207.00K | GBX980.82 Million | ▲ +0.0 pp |
| 2012 | 99.9% | GBX577.69 Million | GBX289.00K | GBX925.90 Million | ▲ +59.3 pp |
| 2011 | 40.6% | GBX606.07 Million | GBX360.00 Million | GBX673.41 Million | ▼ -7.0 pp |
| 2010 | 47.6% | GBX426.84 Million | GBX223.82 Million | GBX472.66 Million | ▲ +78.5 pp |
| 2009 | -31.0% | GBX69.09 Million | GBX90.48 Million | GBX117.39 Million | ▼ -52.9 pp |
| 2008 | 22.0% | GBX122.40 Million | GBX95.52 Million | GBX158.62 Million | ▼ -46.7 pp |
| 2007 | 68.7% | GBX133.99 Million | GBX42.00 Million | GBX172.11 Million | ▼ -19.1 pp |
| 2006 | 87.8% | GBX163.35 Million | GBX19.95 Million | GBX176.37 Million | ▲ +6.5 pp |
| 2005 | 81.3% | GBX90.07 Million | GBX16.85 Million | GBX100.74 Million | ▲ +13.2 pp |
| 2004 | 68.0% | GBX67.50 Million | GBX21.57 Million | GBX69.60 Million | ▲ +86.4 pp |
| 2003 | -18.4% | GBX18.92 Million | GBX22.39 Million | GBX30.35 Million | — |