Mind Gym Ltd (MIND) — Tangible Net Worth Ratio
Mind Gym Ltd (MIND) has a Tangible Net Worth Ratio of -5.6% as of March 2025. This metric is calculated by deducting intangible assets (GBX3.75 Million) from net assets (GBX3.55 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 MIND 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
Mind Gym Ltd Tangible Net Worth Ratio (2016–2025)
This chart shows how Mind Gym Ltd's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of March 2025, the ratio stands at -5.6%, reflecting net assets of GBX3.55 Million with intangible assets of GBX3.75 Million GBX. See MIND defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Mind Gym Ltd (2016–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Mind Gym Ltd from 2016 to 2025, covering 10 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 value of Mind Gym Ltd.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -5.6% | GBX3.55 Million | GBX3.75 Million | GBX12.41 Million | ▼ -35.9 pp |
| 2024 | 30.3% | GBX11.84 Million | GBX8.25 Million | GBX22.38 Million | ▼ -15.7 pp |
| 2023 | 46.0% | GBX22.81 Million | GBX12.32 Million | GBX37.42 Million | ▼ -12.3 pp |
| 2022 | 58.3% | GBX19.63 Million | GBX8.18 Million | GBX34.64 Million | ▼ -25.2 pp |
| 2021 | 83.5% | GBX17.45 Million | GBX2.88 Million | GBX34.59 Million | ▼ -15.9 pp |
| 2020 | 99.5% | GBX17.56 Million | GBX95.00K | GBX31.30 Million | ▲ +2.7 pp |
| 2019 | 96.7% | GBX13.63 Million | GBX445.00K | GBX23.43 Million | ▼ -0.6 pp |
| 2018 | 97.3% | GBX12.19 Million | GBX325.29K | GBX20.10 Million | ▲ +0.8 pp |
| 2017 | 96.5% | GBX6.19 Million | GBX215.31K | GBX14.28 Million | ▲ +3.6 pp |
| 2016 | 92.9% | GBX3.16 Million | GBX224.58K | GBX10.85 Million | — |