Marshalls PLC (MSLH) — Tangible Net Worth Ratio
Marshalls PLC (MSLH) has a Tangible Net Worth Ratio of 68.4% as of June 2025. This metric is calculated by deducting intangible assets (GBX212.20 Million) from net assets (GBX670.50 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 Marshalls 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
Marshalls PLC Tangible Net Worth Ratio (1986–2024)
This chart shows how Marshalls PLC's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2024. As of June 2025, the ratio stands at 68.4%, reflecting net assets of GBX670.50 Million with intangible assets of GBX212.20 Million GBX. See MSLH defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Marshalls PLC (1986–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Marshalls PLC from 1986 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 how much is Marshalls PLC worth.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 67.1% | GBX661.30 Million | GBX217.80 Million | GBX1.08 Billion | ▲ +2.5 pp |
| 2023 | 64.5% | GBX641.30 Million | GBX227.50 Million | GBX1.11 Billion | ▲ +49.2 pp |
| 2022 | 15.3% | GBX661.07 Million | GBX559.74 Million | GBX1.21 Billion | ▼ -57.1 pp |
| 2021 | 72.4% | GBX344.32 Million | GBX95.00 Million | GBX595.97 Million | ▲ +5.3 pp |
| 2020 | 67.1% | GBX287.85 Million | GBX94.68 Million | GBX614.43 Million | ▼ -0.5 pp |
| 2019 | 67.6% | GBX295.77 Million | GBX95.80 Million | GBX562.57 Million | ▼ -25.9 pp |
| 2018 | 93.5% | GBX266.71 Million | GBX17.25 Million | GBX513.56 Million | ▼ -1.0 pp |
| 2017 | 94.5% | GBX237.63 Million | GBX13.11 Million | GBX414.43 Million | ▼ -3.1 pp |
| 2016 | 97.6% | GBX217.12 Million | GBX5.26 Million | GBX333.08 Million | ▲ +0.3 pp |
| 2015 | 97.2% | GBX192.72 Million | GBX5.32 Million | GBX329.83 Million | ▲ +0.4 pp |
| 2014 | 96.9% | GBX181.89 Million | GBX5.73 Million | GBX328.54 Million | ▲ +0.4 pp |
| 2013 | 96.5% | GBX175.43 Million | GBX6.21 Million | GBX318.91 Million | ▲ +0.1 pp |
| 2012 | 96.4% | GBX183.57 Million | GBX6.63 Million | GBX342.62 Million | ▲ +17.1 pp |
| 2011 | 79.3% | GBX206.06 Million | GBX42.73 Million | GBX377.91 Million | ▲ +0.9 pp |
| 2010 | 78.3% | GBX198.24 Million | GBX42.95 Million | GBX350.52 Million | ▲ +1.3 pp |
| 2009 | 77.1% | GBX181.10 Million | GBX41.56 Million | GBX379.68 Million | ▼ -1.5 pp |
| 2008 | 78.6% | GBX193.24 Million | GBX41.35 Million | GBX400.19 Million | ▲ +8.6 pp |
| 2007 | 70.0% | GBX200.64 Million | GBX60.15 Million | GBX410.52 Million | ▼ -1.4 pp |
| 2006 | 71.5% | GBX184.54 Million | GBX52.67 Million | GBX373.19 Million | ▼ -0.6 pp |
| 2005 | 72.1% | GBX166.34 Million | GBX46.46 Million | GBX373.75 Million | ▲ +3.0 pp |
| 2004 | 69.0% | GBX131.49 Million | GBX40.73 Million | GBX364.05 Million | ▼ -20.1 pp |
| 2003 | 89.1% | GBX218.15 Million | GBX23.73 Million | GBX328.42 Million | ▲ +1.0 pp |
| 2002 | 88.1% | GBX202.75 Million | GBX24.11 Million | GBX310.09 Million | ▼ -0.5 pp |
| 2001 | 88.6% | GBX186.71 Million | GBX21.32 Million | GBX291.78 Million | ▼ -3.5 pp |
| 2000 | 92.1% | GBX190.82 Million | GBX15.13 Million | GBX268.93 Million | ▲ +0.1 pp |
| 1999 | 91.9% | GBX175.34 Million | GBX14.15 Million | GBX251.66 Million | ▼ -1.0 pp |
| 1998 | 93.0% | GBX160.13 Million | GBX11.28 Million | GBX229.77 Million | ▼ -7.0 pp |
| 1997 | 100.0% | GBX153.10 Million | GBX0.00 | GBX233.90 Million | ▲ +0.0 pp |
| 1997 | 100.0% | GBX147.94 Million | GBX0.00 | GBX231.81 Million | ▲ +0.0 pp |
| 1996 | 100.0% | GBX141.50 Million | GBX0.00 | GBX237.79 Million | ▲ +0.0 pp |
| 1995 | 100.0% | GBX133.53 Million | GBX0.00 | GBX225.26 Million | ▲ +0.0 pp |
| 1994 | 100.0% | GBX122.72 Million | GBX0.00 | GBX204.51 Million | ▲ +0.0 pp |
| 1993 | 100.0% | GBX116.69 Million | GBX0.00 | GBX188.87 Million | ▲ +0.0 pp |
| 1992 | 100.0% | GBX96.79 Million | GBX0.00 | GBX177.22 Million | ▲ +0.0 pp |
| 1991 | 100.0% | GBX97.30 Million | GBX0.00 | GBX182.58 Million | ▲ +0.0 pp |
| 1990 | 100.0% | GBX97.06 Million | GBX0.00 | GBX191.40 Million | ▲ +0.0 pp |
| 1989 | 100.0% | GBX91.36 Million | GBX0.00 | GBX149.14 Million | ▲ +0.0 pp |
| 1988 | 100.0% | GBX48.18 Million | GBX0.00 | GBX85.35 Million | ▲ +0.0 pp |
| 1987 | 100.0% | GBX41.48 Million | GBX0.00 | GBX72.47 Million | ▲ +0.0 pp |
| 1986 | 100.0% | GBX38.64 Million | GBX0.00 | GBX62.25 Million | — |