Renalytix AI plc (RENX) — Tangible Net Worth Ratio
Renalytix AI plc (RENX) has a Tangible Net Worth Ratio of -79.6% as of June 2023. This metric is calculated by deducting intangible assets (GBX12.51 Million) from net assets (GBX6.97 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. Also explore net asset growth rate of Renalytix AI plc to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Renalytix AI plc Tangible Net Worth Ratio (2012–2023)
This chart shows how Renalytix AI plc's Tangible Net Worth Ratio has changed across 11 annual periods from 2012 to 2023. As of June 2023, the ratio stands at -79.6%, reflecting net assets of GBX6.97 Million with intangible assets of GBX12.51 Million GBX. For live market cap and overall valuation, see RENX market cap overview.
Annual Tangible Net Worth Ratio for Renalytix AI plc (2012–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Renalytix AI plc from 2012 to 2023, covering 11 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 RENX capital reinvestment 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) |
|---|---|---|---|---|---|
| 2023 | 11.6% | GBX20.76 Billion | GBX18.36 Billion | GBX75.27 Billion | ▼ -20.6 pp |
| 2023 | 32.2% | GBX18.45 Million | GBX12.51 Million | GBX42.12 Million | ▼ -35.3 pp |
| 2022 | 67.5% | GBX43.17 Million | GBX14.02 Million | GBX63.26 Million | ▼ -13.5 pp |
| 2021 | 81.1% | GBX95.10 Million | GBX18.02 Million | GBX102.58 Million | ▲ +28.7 pp |
| 2020 | 52.4% | GBX35.96 Million | GBX17.12 Million | GBX41.30 Million | ▲ +17.3 pp |
| 2019 | 35.1% | GBX28.17 Million | GBX18.29 Million | GBX28.92 Million | ▼ -7.2 pp |
| 2016 | 42.2% | GBX17.87 Billion | GBX10.32 Billion | GBX59.39 Billion | ▼ -2.8 pp |
| 2015 | 45.0% | GBX17.47 Billion | GBX9.61 Billion | GBX56.80 Billion | ▼ -2.2 pp |
| 2014 | 47.2% | GBX17.26 Billion | GBX9.12 Billion | GBX58.13 Billion | ▼ -5.6 pp |
| 2013 | 52.8% | GBX20.40 Billion | GBX9.62 Billion | GBX62.68 Billion | ▼ -2.7 pp |
| 2012 | 55.5% | GBX21.03 Billion | GBX9.36 Billion | GBX60.90 Billion | — |