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. Also explore TRAC net assets growth trend to track the company's year-over-year net asset growth rate.
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. Check t42 IoT Tracking Solutions PLC strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
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 live market cap and overall valuation, see TRAC market cap.
| 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 | — |