t42 IoT Tracking Solutions PLC (TRAC) — Tangible Net Worth Ratio
t42 IoT Tracking Solutions PLC (TRAC) has a Tangible Net Worth Ratio of -1005.4% as of June 2022. This metric is calculated by deducting intangible assets (GBX1.03 Million) from net assets (GBX93.00K) 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 TRAC 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
t42 IoT Tracking Solutions PLC Tangible Net Worth Ratio (2010–2021)
This chart shows how t42 IoT Tracking Solutions PLC's Tangible Net Worth Ratio has changed across 12 annual periods from 2010 to 2021. As of June 2022, the ratio stands at -1005.4%, reflecting net assets of GBX93.00K with intangible assets of GBX1.03 Million GBX. See operational self-sufficiency of t42 IoT Tracking Solutions PLC to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for t42 IoT Tracking Solutions PLC (2010–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for t42 IoT Tracking Solutions PLC from 2010 to 2021, covering 12 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 t42 IoT Tracking Solutions PLC market capitalisation.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | -435.8% | GBX193.00K | GBX1.03 Million | GBX6.40 Million | ▼ -445.3 pp |
| 2020 | 9.6% | GBX2.10 Million | GBX1.90 Million | GBX6.36 Million | ▼ -36.0 pp |
| 2019 | 45.5% | GBX3.89 Million | GBX2.12 Million | GBX7.50 Million | ▲ +4.6 pp |
| 2018 | 41.0% | GBX3.86 Million | GBX2.28 Million | GBX7.00 Million | ▲ +22.0 pp |
| 2017 | 19.0% | GBX3.03 Million | GBX2.46 Million | GBX6.31 Million | ▲ +13.8 pp |
| 2016 | 5.2% | GBX2.74 Million | GBX2.60 Million | GBX5.74 Million | ▼ -20.1 pp |
| 2015 | 25.3% | GBX3.50 Million | GBX2.61 Million | GBX6.78 Million | ▼ -21.7 pp |
| 2014 | 47.1% | GBX4.37 Million | GBX2.31 Million | GBX8.41 Million | ▼ -22.1 pp |
| 2013 | 69.1% | GBX6.49 Million | GBX2.00 Million | GBX11.25 Million | ▲ +26.1 pp |
| 2012 | 43.0% | GBX2.74 Million | GBX1.56 Million | GBX7.86 Million | ▲ +58.3 pp |
| 2011 | -15.2% | GBX952.00K | GBX1.10 Million | GBX4.04 Million | ▲ +235.1 pp |
| 2010 | -250.3% | GBX151.00K | GBX529.00K | GBX2.74 Million | — |