Spectra Systems Corp (SPSY) — Tangible Net Worth Ratio
Spectra Systems Corp (SPSY) has a Tangible Net Worth Ratio of 66.8% as of June 2025. This metric is calculated by deducting intangible assets (GBX13.80 Million) from net assets (GBX41.51 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 Spectra Systems Corp 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
Spectra Systems Corp Tangible Net Worth Ratio (2008–2024)
This chart shows how Spectra Systems Corp's Tangible Net Worth Ratio has changed across 17 annual periods from 2008 to 2024. As of June 2025, the ratio stands at 66.8%, reflecting net assets of GBX41.51 Million with intangible assets of GBX13.80 Million GBX. See defensive interval ratio of Spectra Systems Corp to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Spectra Systems Corp (2008–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Spectra Systems Corp from 2008 to 2024, covering 17 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 SPSY stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 80.8% | GBX36.33 Million | GBX6.97 Million | GBX60.97 Million | ▲ +2.6 pp |
| 2023 | 78.3% | GBX32.11 Million | GBX6.98 Million | GBX60.10 Million | ▼ -7.3 pp |
| 2022 | 85.5% | GBX28.32 Million | GBX4.09 Million | GBX38.02 Million | ▲ +0.6 pp |
| 2021 | 84.9% | GBX27.92 Million | GBX4.21 Million | GBX33.15 Million | ▲ +0.0 pp |
| 2020 | 84.9% | GBX28.22 Million | GBX4.27 Million | GBX32.90 Million | ▼ -0.8 pp |
| 2019 | 85.7% | GBX27.11 Million | GBX3.88 Million | GBX31.33 Million | ▲ +2.0 pp |
| 2018 | 83.7% | GBX25.88 Million | GBX4.23 Million | GBX28.22 Million | ▲ +2.1 pp |
| 2017 | 81.6% | GBX24.45 Million | GBX4.50 Million | GBX27.71 Million | ▲ +2.4 pp |
| 2016 | 79.2% | GBX23.27 Million | GBX4.84 Million | GBX26.62 Million | ▼ -6.9 pp |
| 2015 | 86.1% | GBX22.03 Million | GBX3.06 Million | GBX26.59 Million | ▼ -2.3 pp |
| 2014 | 88.4% | GBX22.00 Million | GBX2.56 Million | GBX26.42 Million | ▼ -3.7 pp |
| 2013 | 92.1% | GBX22.70 Million | GBX1.80 Million | GBX28.77 Million | ▼ -0.2 pp |
| 2012 | 92.3% | GBX23.84 Million | GBX1.85 Million | GBX28.78 Million | ▼ -7.0 pp |
| 2011 | 99.3% | GBX24.54 Million | GBX174.06K | GBX28.12 Million | ▲ +2.2 pp |
| 2010 | 97.1% | GBX4.67 Million | GBX137.78K | GBX7.19 Million | ▲ +2.1 pp |
| 2009 | 95.0% | GBX4.09 Million | GBX205.35K | GBX7.64 Million | ▲ +8.1 pp |
| 2008 | 86.9% | GBX2.11 Million | GBX275.60K | GBX5.52 Million | — |