Qinetiq Group PLC (QQ) — Tangible Net Worth Ratio
Qinetiq Group PLC (QQ) has a Tangible Net Worth Ratio of 52.5% as of September 2025. This metric is calculated by deducting intangible assets (GBX265.60 Million) from net assets (GBX558.80 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 QQ net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Qinetiq Group PLC Tangible Net Worth Ratio (2002–2025)
This chart shows how Qinetiq Group PLC's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of September 2025, the ratio stands at 52.5%, reflecting net assets of GBX558.80 Million with intangible assets of GBX265.60 Million GBX. See Qinetiq Group PLC defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Qinetiq Group PLC (2002–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Qinetiq Group PLC from 2002 to 2025, covering 24 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 Qinetiq Group PLC (QQ) total market value.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 53.1% | GBX626.50 Million | GBX293.90 Million | GBX1.83 Billion | ▼ -15.1 pp |
| 2024 | 68.2% | GBX926.10 Million | GBX294.80 Million | GBX2.11 Billion | ▲ +45.8 pp |
| 2023 | 22.3% | GBX968.30 Million | GBX752.00 Million | GBX2.10 Billion | ▼ -49.8 pp |
| 2022 | 72.2% | GBX1.04 Billion | GBX289.70 Million | GBX1.79 Billion | ▲ +3.7 pp |
| 2021 | 68.5% | GBX884.90 Million | GBX278.60 Million | GBX1.50 Billion | ▲ +4.6 pp |
| 2020 | 64.0% | GBX887.10 Million | GBX319.70 Million | GBX1.45 Billion | ▼ -25.3 pp |
| 2019 | 89.3% | GBX779.00 Million | GBX83.30 Million | GBX1.28 Billion | ▼ -5.6 pp |
| 2018 | 94.9% | GBX744.30 Million | GBX38.10 Million | GBX1.20 Billion | ▲ +1.0 pp |
| 2017 | 93.8% | GBX532.60 Million | GBX32.80 Million | GBX973.00 Million | ▼ -4.2 pp |
| 2016 | 98.1% | GBX324.80 Million | GBX6.30 Million | GBX771.60 Million | ▲ +2.5 pp |
| 2015 | 95.5% | GBX298.10 Million | GBX13.30 Million | GBX742.90 Million | ▲ +7.2 pp |
| 2014 | 88.3% | GBX378.10 Million | GBX44.20 Million | GBX1.04 Billion | ▲ +1.5 pp |
| 2013 | 86.8% | GBX438.50 Million | GBX57.80 Million | GBX1.18 Billion | ▼ -1.2 pp |
| 2012 | 88.0% | GBX599.40 Million | GBX71.80 Million | GBX1.43 Billion | ▲ +10.6 pp |
| 2011 | 77.4% | GBX457.50 Million | GBX103.20 Million | GBX1.48 Billion | ▲ +7.4 pp |
| 2010 | 70.1% | GBX473.70 Million | GBX141.70 Million | GBX1.63 Billion | ▼ -2.7 pp |
| 2009 | 72.8% | GBX602.70 Million | GBX164.20 Million | GBX2.04 Billion | ▼ -6.8 pp |
| 2008 | 79.5% | GBX533.00 Million | GBX109.10 Million | GBX1.48 Billion | ▼ -6.6 pp |
| 2007 | 86.2% | GBX477.40 Million | GBX66.10 Million | GBX1.31 Billion | ▲ +1.9 pp |
| 2006 | 84.3% | GBX362.90 Million | GBX57.10 Million | GBX1.19 Billion | ▼ -3.1 pp |
| 2005 | 87.3% | GBX294.10 Million | GBX37.30 Million | GBX992.00 Million | ▼ -50.6 pp |
| 2004 | 137.9% | GBX225.20 Million | GBX-85.30 Million | GBX809.40 Million | ▼ -26.3 pp |
| 2003 | 164.2% | GBX140.10 Million | GBX-89.90 Million | GBX777.00 Million | ▲ +64.5 pp |
| 2002 | 99.7% | GBX312.50 Million | GBX1.00 Million | GBX767.60 Million | — |