Shearwater Group plc Tangible Net Worth Ratio
Shearwater Group plc tangible net worth ratio. Shearwater Group plc (SWG) has a Tangible Net Worth Ratio of 14.1% as of December 2025. This metric is calculated by deducting intangible assets (GBX28.10 Million) from net assets (GBX32.70 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. Check SWG PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Shearwater Group plc (2005–2025)
Tangible net worth ratio of Shearwater Group plc from 2005 to 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 December 2025, the ratio stands at 14.1%, reflecting net assets of GBX32.70 Million with intangible assets of GBX28.10 Million GBX. See Shearwater Group plc (SWG) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Shearwater Group plc Tangible Net Worth Ratio by Year (2005–2025)
Shearwater Group plc tangible net worth ratio by year from 2005 to 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 live market cap and overall valuation, see SWG market cap.
| 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 | — |