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. See Renalytix AI plc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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. See Renalytix AI plc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see Renalytix AI plc stock valuation.
| 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 | — |