Induction Healthcare Group PLC (INHC) — Tangible Net Worth Ratio
Induction Healthcare Group PLC (INHC) has a Tangible Net Worth Ratio of 49.0% as of September 2024. This metric is calculated by deducting intangible assets (GBX9.27 Million) from net assets (GBX18.19 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 Induction Healthcare Group 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
Induction Healthcare Group PLC Tangible Net Worth Ratio (2020–2024)
This chart shows how Induction Healthcare Group PLC's Tangible Net Worth Ratio has changed across 5 annual periods from 2020 to 2024. As of September 2024, the ratio stands at 49.0%, reflecting net assets of GBX18.19 Million with intangible assets of GBX9.27 Million GBX. See INHC cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Induction Healthcare Group PLC (2020–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Induction Healthcare Group PLC from 2020 to 2024, covering 5 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 INHC market cap.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 45.2% | GBX20.38 Million | GBX11.16 Million | GBX33.37 Million | ▲ +52.0 pp |
| 2023 | -6.8% | GBX24.30 Million | GBX25.94 Million | GBX38.34 Million | ▼ -10.4 pp |
| 2022 | 3.7% | GBX42.26 Million | GBX40.72 Million | GBX55.37 Million | ▼ -3.7 pp |
| 2021 | 7.3% | GBX16.47 Million | GBX15.26 Million | GBX20.12 Million | ▼ -61.3 pp |
| 2020 | 68.7% | GBX12.45 Million | GBX3.90 Million | GBX14.88 Million | — |