TwentyFour Select Monthly Income Fund Ltd (SMIF) — Tangible Net Worth Ratio
TwentyFour Select Monthly Income Fund Ltd (SMIF) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (GBX0.00) from net assets (GBX272.72 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 TwentyFour Select Monthly Income Fund Lt 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
TwentyFour Select Monthly Income Fund Ltd Tangible Net Worth Ratio (2014–2025)
This chart shows how TwentyFour Select Monthly Income Fund Ltd's Tangible Net Worth Ratio has changed across 13 annual periods from 2014 to 2025. As of September 2025, the ratio stands at 100.0%, reflecting net assets of GBX272.72 Million with intangible assets of GBX0.00 GBX. See operational self-sufficiency of TwentyFour Select Monthly Income Fund Lt to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for TwentyFour Select Monthly Income Fund Ltd (2014–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for TwentyFour Select Monthly Income Fund Ltd from 2014 to 2025, 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 SMIF stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | GBX272.72 Million | GBX0.00 | GBX278.47 Million | ▲ +0.0 pp |
| 2024 | 100.0% | GBX219.77 Million | GBX0.00 | GBX228.76 Million | ▲ +0.0 pp |
| 2023 | 100.0% | GBX181.69 Million | GBX0.00 | GBX186.10 Million | ▲ +0.0 pp |
| 2022 | 100.0% | GBX151.33 Million | GBX0.00 | GBX153.53 Million | ▲ +0.0 pp |
| 2022 | 100.0% | GBX151.33 Million | GBX0.00 | GBX153.53 Million | ▲ +0.0 pp |
| 2021 | 100.0% | GBX178.00 Million | GBX0.00 | GBX182.49 Million | ▲ +0.0 pp |
| 2020 | 100.0% | GBX192.86 Million | GBX0.00 | GBX199.55 Million | ▲ +0.0 pp |
| 2019 | 100.0% | GBX167.83 Million | GBX0.00 | GBX169.57 Million | ▲ +0.0 pp |
| 2018 | 100.0% | GBX169.74 Million | GBX0.00 | GBX175.68 Million | ▲ +0.0 pp |
| 2017 | 100.0% | GBX155.21 Million | GBX0.00 | GBX159.51 Million | ▲ +0.0 pp |
| 2016 | 100.0% | GBX136.82 Million | GBX0.00 | GBX139.62 Million | ▲ +0.0 pp |
| 2015 | 100.0% | GBX134.56 Million | GBX0.00 | GBX137.84 Million | ▲ +0.0 pp |
| 2014 | 100.0% | GBX123.19 Million | GBX0.00 | GBX126.07 Million | — |