Tower Resources plc (TRP) — Tangible Net Worth Ratio
Tower Resources plc (TRP) has a Tangible Net Worth Ratio of -2.8% as of June 2025. This metric is calculated by deducting intangible assets (GBX37.59K) from net assets (GBX36.59K) 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 Tower Resources plc (TRP) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tower Resources plc Tangible Net Worth Ratio (2006–2024)
This chart shows how Tower Resources plc's Tangible Net Worth Ratio has changed across 19 annual periods from 2006 to 2024. As of June 2025, the ratio stands at -2.8%, reflecting net assets of GBX36.59K with intangible assets of GBX37.59K GBX. See how many days can Tower Resources plc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Tower Resources plc (2006–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Tower Resources plc from 2006 to 2024, covering 19 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 value of Tower Resources plc.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -2.6% | GBX35.70 Million | GBX36.61 Million | GBX36.91 Million | ▲ +1.7 pp |
| 2023 | -4.3% | GBX33.35 Million | GBX34.77 Million | GBX36.21 Million | ▼ -104.2 pp |
| 2022 | 99.9% | GBX29.36 Million | GBX31.83K | GBX32.54 Million | ▲ +0.0 pp |
| 2021 | 99.9% | GBX26.40 Million | GBX28.78K | GBX28.80 Million | ▲ +0.0 pp |
| 2020 | 99.9% | GBX21.97 Million | GBX27.08K | GBX27.10 Million | ▲ +111.7 pp |
| 2019 | -11.8% | GBX21.75K | GBX24.32K | GBX24.41K | ▼ -6.8 pp |
| 2018 | -5.0% | GBX18.71K | GBX19.65K | GBX20.00K | ▼ -10.5 pp |
| 2017 | 5.5% | GBX22.34K | GBX21.11K | GBX23.39K | ▲ +5.5 pp |
| 2016 | 0.0% | GBX20.47K | GBX20.46K | GBX21.85K | ▼ -10.3 pp |
| 2015 | 10.3% | GBX41.17K | GBX36.94K | GBX42.75K | ▼ -5.2 pp |
| 2014 | 15.5% | GBX40.20K | GBX33.96K | GBX44.26K | ▼ -54.4 pp |
| 2013 | 69.9% | GBX29.59 Million | GBX8.89 Million | GBX32.67 Million | ▼ -22.4 pp |
| 2012 | 92.3% | GBX15.06 Million | GBX1.16 Million | GBX16.55 Million | ▲ +6.5 pp |
| 2011 | 85.8% | GBX7.40 Million | GBX1.05 Million | GBX8.46 Million | ▲ +52.3 pp |
| 2010 | 33.5% | GBX27.28 Million | GBX18.13 Million | GBX27.81 Million | ▼ -29.3 pp |
| 2009 | 62.8% | GBX27.36 Million | GBX10.16 Million | GBX27.93 Million | ▲ +11.2 pp |
| 2008 | 51.7% | GBX14.73 Million | GBX7.12 Million | GBX16.44 Million | ▼ -43.3 pp |
| 2007 | 95.0% | GBX14.09 Million | GBX711.00K | GBX17.45 Million | ▲ +6.9 pp |
| 2006 | 88.0% | GBX11.77 Million | GBX1.41 Million | GBX11.90 Million | — |