PipeHawk plc (PIP) — Tangible Net Worth Ratio
PipeHawk plc (PIP) has a Tangible Net Worth Ratio of -3257.5% as of December 2012. This metric is calculated by deducting intangible assets (GBX2.45 Million) from net assets (GBX73.00K) 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. See PipeHawk 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
PipeHawk plc Tangible Net Worth Ratio (1997–2009)
This chart shows how PipeHawk plc's Tangible Net Worth Ratio has changed across 10 annual periods from 1997 to 2009. As of December 2012, the ratio stands at -3257.5%, reflecting net assets of GBX73.00K with intangible assets of GBX2.45 Million GBX. See PipeHawk plc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for PipeHawk plc (1997–2009)
The table below presents the year-by-year Tangible Net Worth Ratio for PipeHawk plc from 1997 to 2009, 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 cap of PipeHawk plc.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2009 | -791.3% | GBX160.00K | GBX1.43 Million | GBX3.89 Million | ▼ -707.6 pp |
| 2008 | -83.7% | GBX558.00K | GBX1.02 Million | GBX3.58 Million | ▼ -134.2 pp |
| 2007 | 50.5% | GBX885.00K | GBX438.00K | GBX2.89 Million | ▲ +100.6 pp |
| 2006 | -50.1% | GBX747.00K | GBX1.12 Million | GBX3.44 Million | ▲ +69.3 pp |
| 2004 | -119.4% | GBX134.00K | GBX294.00K | GBX1.21 Million | ▼ -28.9 pp |
| 2003 | -90.5% | GBX169.00K | GBX322.00K | GBX1.38 Million | ▼ -113.5 pp |
| 2002 | 23.0% | GBX252.00K | GBX194.00K | GBX1.42 Million | ▼ -55.0 pp |
| 2001 | 78.0% | GBX1.26 Million | GBX277.00K | GBX2.25 Million | ▲ +165.5 pp |
| 1998 | -87.5% | GBX48.00K | GBX90.00K | GBX665.00K | ▼ -183.0 pp |
| 1997 | 95.5% | GBX133.00K | GBX6.00K | GBX586.00K | — |