The Mercantile Investment Trust plc (MRC) — Tangible Net Worth Ratio
The Mercantile Investment Trust plc (MRC) has a Tangible Net Worth Ratio of 100.0% as of January 2026. This metric is calculated by deducting intangible assets (GBX0.00) from net assets (GBX1.97 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. See The Mercantile Investment Trust plc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
The Mercantile Investment Trust plc Tangible Net Worth Ratio (2004–2026)
This chart shows how The Mercantile Investment Trust plc's Tangible Net Worth Ratio has changed across 23 annual periods from 2004 to 2026. As of January 2026, the ratio stands at 100.0%, reflecting net assets of GBX1.97 Billion with intangible assets of GBX0.00 GBX. See The Mercantile Investment Trust plc (MRC) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for The Mercantile Investment Trust plc (2004–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for The Mercantile Investment Trust plc from 2004 to 2026, covering 23 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 The Mercantile Investment Trust plc (MRC) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 100.0% | GBX1.97 Billion | GBX0.00 | GBX2.30 Billion | ▲ +0.0 pp |
| 2025 | 100.0% | GBX1.97 Billion | GBX0.00 | GBX2.30 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | GBX1.87 Billion | GBX0.00 | GBX2.21 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | GBX1.87 Billion | GBX0.00 | GBX2.20 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | GBX2.20 Billion | GBX0.00 | GBX2.54 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | GBX1.99 Billion | GBX0.00 | GBX2.27 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | GBX2.18 Billion | GBX0.00 | GBX2.37 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | GBX1.75 Billion | GBX0.00 | GBX1.95 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | GBX2.02 Billion | GBX0.00 | GBX2.21 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | GBX1.74 Billion | GBX0.00 | GBX1.94 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | GBX1.85 Billion | GBX0.00 | GBX2.04 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | GBX1.71 Billion | GBX0.00 | GBX1.92 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | GBX1.69 Billion | GBX0.00 | GBX1.88 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | GBX1.36 Billion | GBX0.00 | GBX1.56 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | GBX1.11 Billion | GBX0.00 | GBX1.30 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | GBX1.24 Billion | GBX0.00 | GBX1.44 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | GBX1.04 Billion | GBX0.00 | GBX1.22 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | GBX697.30 Million | GBX0.00 | GBX890.07 Million | ▲ +0.0 pp |
| 2008 | 100.0% | GBX1.21 Billion | GBX0.00 | GBX1.44 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | GBX1.74 Billion | GBX0.00 | GBX1.94 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | GBX1.44 Billion | GBX0.00 | GBX1.64 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | GBX1.14 Billion | GBX0.00 | GBX1.32 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | GBX955.51 Million | GBX0.00 | GBX1.16 Billion | — |