Mears Group plc (MER) — Tangible Net Worth Ratio
Mears Group plc (MER) has a Tangible Net Worth Ratio of 96.9% as of June 2025. This metric is calculated by deducting intangible assets (GBX5.87 Million) from net assets (GBX187.69 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 MER working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Mears Group plc Tangible Net Worth Ratio (1993–2024)
This chart shows how Mears Group plc's Tangible Net Worth Ratio has changed across 32 annual periods from 1993 to 2024. As of June 2025, the ratio stands at 96.9%, reflecting net assets of GBX187.69 Million with intangible assets of GBX5.87 Million GBX. See MER days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Mears Group plc (1993–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Mears Group plc from 1993 to 2024, covering 32 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 Mears Group plc.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.7% | GBX187.47 Million | GBX6.24 Million | GBX701.35 Million | ▲ +0.2 pp |
| 2023 | 96.5% | GBX200.46 Million | GBX7.05 Million | GBX700.01 Million | ▼ 0.0 pp |
| 2022 | 96.5% | GBX213.82 Million | GBX7.45 Million | GBX630.87 Million | ▼ -0.2 pp |
| 2021 | 96.7% | GBX201.04 Million | GBX6.61 Million | GBX633.92 Million | ▲ +6.5 pp |
| 2020 | 90.3% | GBX156.05 Million | GBX15.21 Million | GBX676.09 Million | ▲ +14.3 pp |
| 2019 | 75.9% | GBX118.99 Million | GBX28.64 Million | GBX760.25 Million | ▼ -9.1 pp |
| 2018 | 85.0% | GBX210.28 Million | GBX31.57 Million | GBX525.34 Million | ▼ -6.8 pp |
| 2017 | 91.8% | GBX209.59 Million | GBX17.27 Million | GBX476.01 Million | ▲ +4.8 pp |
| 2016 | 87.0% | GBX198.67 Million | GBX25.91 Million | GBX484.42 Million | ▲ +3.6 pp |
| 2015 | 83.4% | GBX191.63 Million | GBX31.85 Million | GBX495.97 Million | ▲ +1.6 pp |
| 2014 | 81.8% | GBX194.46 Million | GBX35.38 Million | GBX486.54 Million | ▲ +1.6 pp |
| 2013 | 80.2% | GBX180.30 Million | GBX35.65 Million | GBX475.66 Million | ▲ +3.5 pp |
| 2012 | 76.7% | GBX168.82 Million | GBX39.37 Million | GBX461.59 Million | ▼ -5.9 pp |
| 2011 | 82.6% | GBX151.78 Million | GBX26.45 Million | GBX334.13 Million | ▲ +1.7 pp |
| 2010 | 80.8% | GBX141.55 Million | GBX27.14 Million | GBX290.31 Million | ▼ -3.1 pp |
| 2009 | 83.9% | GBX105.93 Million | GBX17.07 Million | GBX213.62 Million | ▼ -4.4 pp |
| 2008 | 88.3% | GBX95.70 Million | GBX11.21 Million | GBX186.65 Million | ▲ +3.5 pp |
| 2007 | 84.8% | GBX82.69 Million | GBX12.61 Million | GBX144.87 Million | ▼ -12.5 pp |
| 2006 | 97.3% | GBX38.01 Million | GBX1.03 Million | GBX85.12 Million | ▼ -2.7 pp |
| 2005 | 100.0% | GBX28.05 Million | GBX0.00 | GBX66.96 Million | ▲ +0.0 pp |
| 2004 | 100.0% | GBX19.87 Million | GBX0.00 | GBX60.78 Million | ▲ +99.8 pp |
| 2003 | 0.2% | GBX12.29 Million | GBX12.27 Million | GBX46.24 Million | ▼ -42.9 pp |
| 2002 | 43.0% | GBX9.54 Million | GBX5.43 Million | GBX29.93 Million | ▼ -25.0 pp |
| 2001 | 68.0% | GBX7.01 Million | GBX2.24 Million | GBX25.20 Million | ▲ +11.7 pp |
| 2000 | 56.3% | GBX5.02 Million | GBX2.19 Million | GBX24.84 Million | ▼ -22.0 pp |
| 1999 | 78.3% | GBX3.50 Million | GBX758.00K | GBX26.26 Million | ▲ +51.3 pp |
| 1998 | 27.0% | GBX2.88 Million | GBX2.10 Million | GBX9.01 Million | ▼ -73.0 pp |
| 1997 | 100.0% | GBX1.58 Million | GBX0.00 | GBX5.46 Million | ▲ +0.0 pp |
| 1996 | 100.0% | GBX1.62 Million | GBX0.00 | GBX3.85 Million | ▲ +0.0 pp |
| 1995 | 100.0% | GBX463.00K | GBX0.00 | GBX3.19 Million | ▲ +0.0 pp |
| 1994 | 100.0% | GBX381.00K | GBX0.00 | GBX2.31 Million | ▲ +0.0 pp |
| 1993 | 100.0% | GBX198.00K | GBX0.00 | GBX1.44 Million | — |