Morgan Advanced Materials plc (MGAM) — Tangible Net Worth Ratio
Morgan Advanced Materials plc (MGAM) has a Tangible Net Worth Ratio of 99.1% as of June 2025. This metric is calculated by deducting intangible assets (GBX3.20 Million) from net assets (GBX352.20 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 MGAM current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Morgan Advanced Materials plc Tangible Net Worth Ratio (1985–2024)
This chart shows how Morgan Advanced Materials plc's Tangible Net Worth Ratio has changed across 40 annual periods from 1985 to 2024. As of June 2025, the ratio stands at 99.1%, reflecting net assets of GBX352.20 Million with intangible assets of GBX3.20 Million GBX. See MGAM days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Morgan Advanced Materials plc (1985–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Morgan Advanced Materials plc from 1985 to 2024, covering 40 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 Morgan Advanced Materials plc market capitalisation.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.2% | GBX389.30 Million | GBX3.00 Million | GBX1.08 Billion | ▲ +0.4 pp |
| 2023 | 98.8% | GBX398.60 Million | GBX4.70 Million | GBX1.02 Billion | ▲ +42.8 pp |
| 2022 | 56.0% | GBX429.60 Million | GBX189.00 Million | GBX1.03 Billion | ▲ +8.4 pp |
| 2021 | 47.6% | GBX349.60 Million | GBX183.10 Million | GBX925.40 Million | ▲ +24.9 pp |
| 2020 | 22.8% | GBX240.00 Million | GBX185.40 Million | GBX945.00 Million | ▼ -11.5 pp |
| 2019 | 34.3% | GBX311.70 Million | GBX204.80 Million | GBX1.07 Billion | ▼ -52.6 pp |
| 2018 | 86.9% | GBX277.20 Million | GBX36.20 Million | GBX964.50 Million | ▲ +4.6 pp |
| 2017 | 82.3% | GBX234.30 Million | GBX41.40 Million | GBX929.70 Million | ▲ +10.4 pp |
| 2016 | 71.9% | GBX164.70 Million | GBX46.20 Million | GBX1.04 Billion | ▲ +0.2 pp |
| 2015 | 71.8% | GBX186.40 Million | GBX52.60 Million | GBX857.00 Million | ▲ +3.6 pp |
| 2014 | 68.1% | GBX187.70 Million | GBX59.80 Million | GBX889.00 Million | ▼ -7.8 pp |
| 2013 | 76.0% | GBX274.10 Million | GBX65.90 Million | GBX911.90 Million | ▲ +3.2 pp |
| 2012 | 72.8% | GBX271.80 Million | GBX74.00 Million | GBX968.30 Million | ▲ +77.6 pp |
| 2011 | -4.8% | GBX270.20 Million | GBX283.30 Million | GBX1.04 Billion | ▲ +8.2 pp |
| 2010 | -13.1% | GBX252.10 Million | GBX285.00 Million | GBX1.03 Billion | ▲ +25.3 pp |
| 2009 | -38.4% | GBX214.60 Million | GBX296.90 Million | GBX1.04 Billion | ▼ -53.3 pp |
| 2008 | 14.9% | GBX208.00 Million | GBX177.00 Million | GBX1.08 Billion | ▼ -49.5 pp |
| 2007 | 64.4% | GBX196.30 Million | GBX69.80 Million | GBX737.20 Million | ▼ -2.9 pp |
| 2006 | 67.3% | GBX203.10 Million | GBX66.40 Million | GBX652.10 Million | ▼ -8.9 pp |
| 2005 | 76.2% | GBX195.70 Million | GBX46.60 Million | GBX694.40 Million | ▲ +46.1 pp |
| 2004 | 30.0% | GBX153.10 Million | GBX107.10 Million | GBX810.10 Million | ▼ -26.8 pp |
| 2003 | 56.8% | GBX259.80 Million | GBX112.20 Million | GBX900.20 Million | ▼ -0.4 pp |
| 2002 | 57.2% | GBX322.30 Million | GBX138.00 Million | GBX791.70 Million | ▼ -10.0 pp |
| 2001 | 67.2% | GBX421.50 Million | GBX138.40 Million | GBX1.13 Billion | ▼ -8.4 pp |
| 2000 | 75.6% | GBX461.20 Million | GBX112.60 Million | GBX1.17 Billion | ▲ +0.6 pp |
| 1999 | 74.9% | GBX430.60 Million | GBX107.90 Million | GBX1.22 Billion | ▼ -17.5 pp |
| 1998 | 92.5% | GBX330.40 Million | GBX24.90 Million | GBX941.00 Million | ▲ +62.8 pp |
| 1997 | 29.7% | GBX292.80 Million | GBX205.90 Million | GBX854.80 Million | ▼ -6.5 pp |
| 1996 | 36.2% | GBX297.70 Million | GBX190.00 Million | GBX778.90 Million | ▲ +1.3 pp |
| 1995 | 34.9% | GBX301.10 Million | GBX196.10 Million | GBX756.30 Million | ▼ -3.2 pp |
| 1994 | 38.0% | GBX287.30 Million | GBX178.00 Million | GBX700.40 Million | ▲ +11.3 pp |
| 1993 | 26.8% | GBX241.40 Million | GBX176.80 Million | GBX729.00 Million | ▼ -1.9 pp |
| 1992 | 28.6% | GBX236.00 Million | GBX168.40 Million | GBX747.70 Million | ▼ -8.7 pp |
| 1991 | 37.3% | GBX241.80 Million | GBX151.50 Million | GBX691.10 Million | ▲ +14.6 pp |
| 1990 | 22.7% | GBX196.70 Million | GBX152.00 Million | GBX526.30 Million | ▼ -6.5 pp |
| 1989 | 29.2% | GBX186.70 Million | GBX132.10 Million | GBX472.40 Million | ▲ +9.6 pp |
| 1988 | 19.7% | GBX150.60 Million | GBX121.00 Million | GBX384.10 Million | ▲ +10.0 pp |
| 1987 | 9.7% | GBX104.10 Million | GBX94.00 Million | GBX317.00 Million | ▼ -20.0 pp |
| 1986 | 29.7% | GBX102.20 Million | GBX71.80 Million | GBX264.70 Million | ▼ -70.3 pp |
| 1985 | 100.0% | GBX96.80 Million | GBX0.00 | GBX199.30 Million | — |