Herald Investment Trust (HRI) — Tangible Net Worth Ratio
Herald Investment Trust (HRI) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets (GBX0.00) from net assets (GBX1.29 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. For live market cap and overall valuation, see market cap of Herald Investment Trust.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Herald Investment Trust Tangible Net Worth Ratio (2000–2025)
This chart shows how Herald Investment Trust's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of GBX1.29 Billion with intangible assets of GBX0.00 GBX. Also explore net asset momentum of Herald Investment Trust to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Herald Investment Trust (2000–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Herald Investment Trust from 2000 to 2025, covering 26 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. See HRI financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | GBX1.29 Billion | GBX0.00 | GBX1.29 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | GBX1.25 Billion | GBX0.00 | GBX1.25 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | GBX1.25 Billion | GBX0.00 | GBX1.25 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | GBX1.31 Billion | GBX0.00 | GBX1.31 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | GBX1.76 Billion | GBX0.00 | GBX1.76 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | GBX1.50 Billion | GBX0.00 | GBX1.50 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | GBX1.12 Billion | GBX0.00 | GBX1.12 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | GBX901.15 Million | GBX0.00 | GBX902.12 Million | ▲ +29.3 pp |
| 2017 | 70.7% | GBX967.62 Million | GBX283.90 Million | GBX969.09 Million | ▲ +9.1 pp |
| 2016 | 61.6% | GBX791.41 Million | GBX303.90 Million | GBX818.95 Million | ▲ +6.4 pp |
| 2015 | 55.2% | GBX671.14 Million | GBX300.50 Million | GBX712.92 Million | ▲ +592.7 pp |
| 2014 | -537.4% | GBX628.92 Million | GBX4.01 Billion | GBX669.01 Million | ▼ -637.4 pp |
| 2013 | 100.0% | GBX623.60 Million | GBX0.00 | GBX663.63 Million | ▲ +0.0 pp |
| 2012 | 100.0% | GBX501.95 Million | GBX0.00 | GBX574.08 Million | ▲ +0.0 pp |
| 2011 | 100.0% | GBX449.30 Million | GBX0.00 | GBX520.66 Million | ▲ +0.0 pp |
| 2010 | 100.0% | GBX474.56 Million | GBX0.00 | GBX536.21 Million | ▲ +0.0 pp |
| 2009 | 100.0% | GBX340.90 Million | GBX0.00 | GBX400.60 Million | ▲ +0.0 pp |
| 2008 | 100.0% | GBX210.71 Million | GBX0.00 | GBX276.63 Million | ▲ +0.0 pp |
| 2007 | 100.0% | GBX343.50 Million | GBX0.00 | GBX343.83 Million | ▲ +0.0 pp |
| 2006 | 100.0% | GBX381.23 Million | GBX0.00 | GBX401.90 Million | ▲ +0.0 pp |
| 2005 | 100.0% | GBX358.29 Million | GBX0.00 | GBX358.65 Million | ▲ +0.0 pp |
| 2004 | 100.0% | GBX332.21 Million | GBX0.00 | GBX357.33 Million | ▲ +0.0 pp |
| 2003 | 100.0% | GBX320.88 Million | GBX0.00 | GBX350.21 Million | ▲ +0.0 pp |
| 2002 | 100.0% | GBX177.59 Million | GBX0.00 | GBX201.27 Million | ▲ +0.0 pp |
| 2001 | 100.0% | GBX272.73 Million | GBX0.00 | GBX280.00 Million | ▲ +0.0 pp |
| 2000 | 100.0% | GBX375.37 Million | GBX0.00 | GBX380.11 Million | — |