Shearwater Group plc (SWG) — Tangible Net Worth Ratio
Shearwater Group plc (SWG) has a Tangible Net Worth Ratio of 6.3% as of September 2024. This metric is calculated by deducting intangible assets (GBX41.60 Million) from net assets (GBX44.40 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 SWG current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shearwater Group plc Tangible Net Worth Ratio (2005–2025)
This chart shows how Shearwater Group plc's Tangible Net Worth Ratio has changed across 21 annual periods from 2005 to 2025. As of September 2024, the ratio stands at 6.3%, reflecting net assets of GBX44.40 Million with intangible assets of GBX41.60 Million GBX. See Shearwater Group plc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Shearwater Group plc (2005–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Shearwater Group plc from 2005 to 2025, covering 21 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 market cap of Shearwater Group plc.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 79.5% | GBX33.73 Million | GBX6.90 Million | GBX53.23 Million | ▲ +5.7 pp |
| 2024 | 73.8% | GBX45.98 Million | GBX12.04 Million | GBX62.23 Million | ▲ +67.2 pp |
| 2023 | 6.6% | GBX48.12 Million | GBX44.94 Million | GBX69.70 Million | ▲ +0.1 pp |
| 2022 | 6.5% | GBX56.21 Million | GBX52.56 Million | GBX78.61 Million | ▲ +3.2 pp |
| 2021 | 3.3% | GBX56.49 Million | GBX54.62 Million | GBX72.68 Million | ▲ +11.4 pp |
| 2020 | -8.1% | GBX52.51 Million | GBX56.77 Million | GBX71.49 Million | ▼ -70.0 pp |
| 2019 | 61.9% | GBX49.35 Million | GBX18.82 Million | GBX69.14 Million | ▼ -1.0 pp |
| 2018 | 62.9% | GBX22.14 Million | GBX8.22 Million | GBX25.24 Million | ▼ -24.6 pp |
| 2017 | 87.5% | GBX7.48 Million | GBX935.00K | GBX8.21 Million | ▲ +89.6 pp |
| 2016 | -2.1% | GBX907.00K | GBX926.00K | GBX1.02 Million | ▼ -12.9 pp |
| 2015 | 10.8% | GBX1.01 Million | GBX899.00K | GBX1.10 Million | ▼ -9.3 pp |
| 2014 | 20.2% | GBX1.13 Million | GBX899.00K | GBX1.24 Million | ▼ -19.5 pp |
| 2013 | 39.6% | GBX1.66 Million | GBX1.00 Million | GBX1.75 Million | ▼ -60.4 pp |
| 2012 | 100.0% | GBX1.69 Million | GBX0.00 | GBX1.81 Million | ▲ +0.0 pp |
| 2011 | 100.0% | GBX681.40K | GBX0.00 | GBX793.41K | ▲ +0.0 pp |
| 2010 | 100.0% | GBX10.37 Million | GBX0.00 | GBX10.70 Million | ▲ +0.0 pp |
| 2009 | 100.0% | GBX28.10 Million | GBX0.00 | GBX28.38 Million | ▲ +0.8 pp |
| 2008 | 99.2% | GBX32.89 Million | GBX259.53K | GBX33.71 Million | ▼ -0.8 pp |
| 2007 | 100.0% | GBX33.41 Million | GBX0.00 | GBX33.76 Million | ▲ +130.1 pp |
| 2006 | -30.1% | GBX1.00 Million | GBX1.30 Million | GBX1.99 Million | ▼ -87.8 pp |
| 2005 | 57.7% | GBX1.94 Million | GBX819.00K | GBX2.22 Million | — |