Primary Health Properties (PHP) — Tangible Net Worth Ratio
Primary Health Properties (PHP) has a Tangible Net Worth Ratio of 99.8% as of June 2026. This metric is calculated by deducting intangible assets (GBX4.00 Million) from net assets (GBX2.56 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. Also explore Primary Health Properties equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Primary Health Properties Tangible Net Worth Ratio (1996–2025)
This chart shows how Primary Health Properties's Tangible Net Worth Ratio has changed across 31 annual periods from 1996 to 2025. As of June 2026, the ratio stands at 99.8%, reflecting net assets of GBX2.56 Billion with intangible assets of GBX4.00 Million GBX. For live market cap and overall valuation, see Primary Health Properties market cap and net worth.
Annual Tangible Net Worth Ratio for Primary Health Properties (1996–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Primary Health Properties from 1996 to 2025, covering 31 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. Explore Primary Health Properties capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.8% | GBX2.56 Billion | GBX4.00 Million | GBX6.04 Billion | ▲ +0.2 pp |
| 2024 | 99.6% | GBX1.38 Billion | GBX5.30 Million | GBX2.79 Billion | ▲ +0.1 pp |
| 2023 | 99.6% | GBX1.42 Billion | GBX6.20 Million | GBX2.83 Billion | ▼ -0.4 pp |
| 2022 | 100.0% | GBX1.48 Billion | GBX0.00 | GBX2.86 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | GBX1.50 Billion | GBX0.00 | GBX2.85 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | GBX1.41 Billion | GBX0.00 | GBX2.70 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | GBX1.23 Billion | GBX0.00 | GBX2.57 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | GBX788.00 Million | GBX0.00 | GBX1.51 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | GBX586.80 Million | GBX0.00 | GBX1.37 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | GBX499.20 Million | GBX0.00 | GBX1.23 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | GBX345.36 Million | GBX0.00 | GBX1.11 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | GBX309.13 Million | GBX0.00 | GBX1.04 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | GBX302.38 Million | GBX0.00 | GBX956.07 Million | ▲ +0.0 pp |
| 2012 | 100.0% | GBX179.09 Million | GBX0.00 | GBX653.58 Million | ▲ +0.9 pp |
| 2011 | 99.1% | GBX168.12 Million | GBX1.48 Million | GBX531.42 Million | ▼ 0.0 pp |
| 2010 | 99.2% | GBX164.75 Million | GBX1.38 Million | GBX476.29 Million | ▼ -0.2 pp |
| 2009 | 99.4% | GBX151.91 Million | GBX928.00K | GBX348.55 Million | ▲ +0.5 pp |
| 2008 | 98.8% | GBX78.29 Million | GBX901.00K | GBX323.12 Million | ▲ +0.6 pp |
| 2007 | 98.2% | GBX124.08 Million | GBX2.19 Million | GBX298.20 Million | ▼ -1.8 pp |
| 2007 | 100.0% | GBX151.07 Million | GBX0.00 | GBX300.44 Million | ▲ +0.5 pp |
| 2006 | 99.5% | GBX71.33 Million | GBX340.00K | GBX210.21 Million | ▼ -0.5 pp |
| 2005 | 100.0% | GBX57.07 Million | GBX0.00 | GBX169.91 Million | ▲ +0.0 pp |
| 2004 | 100.0% | GBX49.85 Million | GBX0.00 | GBX132.97 Million | ▲ +0.0 pp |
| 2003 | 100.0% | GBX37.91 Million | GBX0.00 | GBX97.33 Million | ▲ +18.1 pp |
| 2002 | 81.9% | GBX29.89 Million | GBX5.41 Million | GBX83.63 Million | ▼ -18.1 pp |
| 2001 | 100.0% | GBX23.95 Million | GBX0.00 | GBX64.43 Million | ▲ +0.0 pp |
| 2000 | 100.0% | GBX20.36 Million | GBX0.00 | GBX52.78 Million | ▲ +0.0 pp |
| 1999 | 100.0% | GBX18.43 Million | GBX0.00 | GBX39.73 Million | ▲ +0.0 pp |
| 1998 | 100.0% | GBX17.12 Million | GBX0.00 | GBX24.99 Million | ▲ +0.0 pp |
| 1997 | 100.0% | GBX16.32 Million | GBX0.00 | GBX17.33 Million | ▲ +0.0 pp |
| 1996 | 100.0% | GBX15.70 Million | GBX0.00 | GBX15.93 Million | — |