Petrel Resources Tangible Net Worth Ratio
Petrel Resources tangible net worth ratio. Petrel Resources (PET) has a Tangible Net Worth Ratio of 98.8% as of June 2023. This metric is calculated by deducting intangible assets (GBX933.00) from net assets (GBX79.00K) 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. Check how strategically is Petrel Resources's equity deployed to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Petrel Resources (1997–2022)
Tangible net worth ratio of Petrel Resources from 1997 to 2022. This chart shows how Petrel Resources's Tangible Net Worth Ratio has changed across 26 annual periods from 1997 to 2022. As of June 2023, the ratio stands at 98.8%, reflecting net assets of GBX79.00K with intangible assets of GBX933.00 GBX. See Petrel Resources working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Petrel Resources Tangible Net Worth Ratio by Year (1997–2022)
Petrel Resources tangible net worth ratio by year from 1997 to 2022. The table below presents the year-by-year Tangible Net Worth Ratio for Petrel Resources from 1997 to 2022, covering 26 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 live market cap and overall valuation, see how much is Petrel Resources worth.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 99.6% | GBX243.36K | GBX933.17 | GBX1.13 Million | ▼ 0.0 pp |
| 2021 | 99.7% | GBX268.24K | GBX933.17 | GBX1.06 Million | ▼ -0.2 pp |
| 2020 | 99.8% | GBX590.32K | GBX931.97 | GBX1.30 Million | ▼ 0.0 pp |
| 2019 | 99.9% | GBX759.90K | GBX983.97 | GBX1.39 Million | ▲ +110.6 pp |
| 2018 | -10.8% | GBX2.28 Million | GBX2.52 Million | GBX2.91 Million | ▼ -1.4 pp |
| 2017 | -9.3% | GBX1.99 Million | GBX2.18 Million | GBX2.58 Million | ▼ -77.4 pp |
| 2016 | 68.1% | GBX6.71 Million | GBX2.14 Million | GBX7.12 Million | ▼ -4.7 pp |
| 2015 | 72.9% | GBX6.90 Million | GBX1.87 Million | GBX7.21 Million | ▼ -4.6 pp |
| 2014 | 77.4% | GBX6.82 Million | GBX1.54 Million | GBX7.13 Million | ▲ +20.7 pp |
| 2013 | 56.7% | GBX9.28 Million | GBX4.02 Million | GBX9.69 Million | ▼ -42.7 pp |
| 2012 | 99.4% | GBX6.08 Million | GBX37.66K | GBX6.48 Million | ▲ +40.0 pp |
| 2011 | 59.4% | GBX6.65 Million | GBX2.70 Million | GBX6.88 Million | ▼ -9.7 pp |
| 2010 | 69.1% | GBX6.95 Million | GBX2.15 Million | GBX7.04 Million | ▼ -9.4 pp |
| 2009 | 78.5% | GBX7.66 Million | GBX1.64 Million | GBX45.34 Million | ▲ +18.2 pp |
| 2008 | 60.3% | GBX12.04 Million | GBX4.78 Million | GBX49.34 Million | ▼ -7.3 pp |
| 2007 | 67.6% | GBX12.94 Million | GBX4.19 Million | GBX49.79 Million | ▲ +14.1 pp |
| 2006 | 53.6% | GBX7.34 Million | GBX3.41 Million | GBX23.30 Million | ▲ +24.2 pp |
| 2005 | 29.4% | GBX6.97 Million | GBX4.92 Million | GBX8.69 Million | ▲ +34.6 pp |
| 2004 | -5.2% | GBX2.11 Million | GBX2.22 Million | GBX2.37 Million | ▼ -42.8 pp |
| 2003 | 37.6% | GBX2.20 Million | GBX1.37 Million | GBX2.38 Million | ▲ +49.3 pp |
| 2002 | -11.7% | GBX968.08K | GBX1.08 Million | GBX1.12 Million | ▲ +31.6 pp |
| 2001 | -43.3% | GBX637.49K | GBX913.74K | GBX939.89K | ▼ -88.3 pp |
| 2000 | 45.0% | GBX916.47K | GBX504.38K | GBX1.19 Million | ▲ +36.6 pp |
| 1999 | 8.4% | GBX326.35K | GBX299.02K | GBX405.13K | ▼ -28.3 pp |
| 1998 | 36.6% | GBX455.73K | GBX288.73K | GBX530.75K | ▼ -60.0 pp |
| 1997 | 96.6% | GBX892.68K | GBX30.06K | GBX937.76K | — |