Tan Delta Systems PLC (TAND) — Tangible Net Worth Ratio
Tan Delta Systems PLC (TAND) has a Tangible Net Worth Ratio of 97.4% as of December 2025. This metric is calculated by deducting intangible assets (GBX57.63K) from net assets (GBX2.25 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 TAND net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tan Delta Systems PLC Tangible Net Worth Ratio (2020–2025)
This chart shows how Tan Delta Systems PLC's Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 97.4%, reflecting net assets of GBX2.25 Million with intangible assets of GBX57.63K GBX. Also explore Tan Delta Systems PLC (TAND) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Tan Delta Systems PLC (2020–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Tan Delta Systems PLC from 2020 to 2025, covering 6 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 Tan Delta Systems PLC (TAND) total market value.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.4% | GBX2.25 Million | GBX57.63K | GBX2.59 Million | ▲ +0.4 pp |
| 2024 | 97.0% | GBX3.79 Million | GBX111.93K | GBX4.38 Million | ▼ 0.0 pp |
| 2023 | 97.1% | GBX4.92 Million | GBX143.84K | GBX5.49 Million | ▲ +21.5 pp |
| 2022 | 75.6% | GBX496.00K | GBX121.00K | GBX1.05 Million | ▼ -24.4 pp |
| 2021 | 100.0% | GBX214.00K | GBX0.00 | GBX721.00K | ▲ +0.0 pp |
| 2020 | 100.0% | GBX191.00K | GBX0.00 | GBX641.00K | — |