Premier African Minerals Ltd (PREM) — Tangible Net Worth Ratio
Premier African Minerals Ltd (PREM) has a Tangible Net Worth Ratio of 20.3% as of June 2025. This metric is calculated by deducting intangible assets (GBX4.69 Million) from net assets (GBX5.88 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 Premier African Minerals Ltd'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
Premier African Minerals Ltd Tangible Net Worth Ratio (2012–2024)
This chart shows how Premier African Minerals Ltd's Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2024. As of June 2025, the ratio stands at 20.3%, reflecting net assets of GBX5.88 Million with intangible assets of GBX4.69 Million GBX. See Premier African Minerals Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Premier African Minerals Ltd (2012–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Premier African Minerals Ltd from 2012 to 2024, covering 13 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 PREM company net worth.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 36.9% | GBX7.43 Million | GBX4.69 Million | GBX66.39 Million | ▼ -30.8 pp |
| 2023 | 67.7% | GBX14.53 Million | GBX4.69 Million | GBX65.13 Million | ▼ -32.2 pp |
| 2022 | 100.0% | GBX16.79 Million | GBX4.74K | GBX51.05 Million | ▲ +0.0 pp |
| 2021 | 100.0% | GBX14.25 Million | GBX4.69K | GBX15.38 Million | ▼ 0.0 pp |
| 2020 | 100.0% | GBX8.26 Million | GBX120.00 | GBX9.20 Million | ▼ 0.0 pp |
| 2019 | 100.0% | GBX4.96 Million | GBX0.00 | GBX7.50 Million | ▲ +0.0 pp |
| 2018 | 100.0% | GBX1.82 Million | GBX0.00 | GBX6.36 Million | ▲ +54.4 pp |
| 2017 | 45.6% | GBX7.89 Million | GBX4.29 Million | GBX11.30 Million | ▼ -46.6 pp |
| 2016 | 92.3% | GBX13.22 Million | GBX1.02 Million | GBX22.52 Million | ▲ +19.4 pp |
| 2015 | 72.8% | GBX11.75 Million | GBX3.19 Million | GBX18.02 Million | ▲ +38.7 pp |
| 2014 | 34.1% | GBX10.33 Million | GBX6.81 Million | GBX11.79 Million | ▲ +18.5 pp |
| 2013 | 15.6% | GBX7.00 Million | GBX5.91 Million | GBX11.52 Million | ▼ -84.3 pp |
| 2012 | 99.9% | GBX6.80 Million | GBX6.72K | GBX8.47 Million | — |