Haleon PLC (HLN) — Tangible Net Worth Ratio
Haleon PLC (HLN) has a Tangible Net Worth Ratio of -58.6% as of June 2025. This metric is calculated by deducting intangible assets (GBX25.36 Billion) from net assets (GBX16.00 Billion) 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 Haleon 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
Haleon PLC Tangible Net Worth Ratio (2019–2024)
This chart shows how Haleon PLC's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at -58.6%, reflecting net assets of GBX16.00 Billion with intangible assets of GBX25.36 Billion GBX. See operational self-sufficiency of Haleon PLC to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Haleon PLC (2019–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Haleon PLC from 2019 to 2024, 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 market cap of Haleon PLC.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -11.0% | GBX16.22 Billion | GBX18.01 Billion | GBX34.31 Billion | ▼ -0.2 pp |
| 2023 | -10.8% | GBX16.73 Billion | GBX18.54 Billion | GBX34.05 Billion | ▲ +11.0 pp |
| 2022 | -21.8% | GBX16.46 Billion | GBX20.04 Billion | GBX34.81 Billion | ▼ -50.2 pp |
| 2021 | 28.4% | GBX26.48 Billion | GBX18.95 Billion | GBX34.45 Billion | ▲ +0.7 pp |
| 2020 | 27.7% | GBX26.22 Billion | GBX18.95 Billion | GBX34.13 Billion | ▲ +0.1 pp |
| 2019 | 27.6% | GBX27.41 Billion | GBX19.84 Billion | GBX35.71 Billion | — |