Versarien PLC (VRS) — Tangible Net Worth Ratio
Versarien PLC (VRS) has a Tangible Net Worth Ratio of -182.4% as of March 2024. This metric is calculated by deducting intangible assets (GBX2.77 Million) from net assets (GBX980.00K) 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 VRS 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
Versarien PLC Tangible Net Worth Ratio (2012–2023)
This chart shows how Versarien PLC's Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2023. As of March 2024, the ratio stands at -182.4%, reflecting net assets of GBX980.00K with intangible assets of GBX2.77 Million GBX. See VRS cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Versarien PLC (2012–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Versarien PLC from 2012 to 2023, covering 13 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 VRS market cap.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -155.8% | GBX1.08 Million | GBX2.76 Million | GBX10.38 Million | ▼ -166.0 pp |
| 2022 | 10.2% | GBX11.84 Million | GBX10.64 Million | GBX22.20 Million | ▼ -34.4 pp |
| 2022 | 44.6% | GBX14.44 Million | GBX8.00 Million | GBX23.84 Million | ▼ -18.1 pp |
| 2021 | 62.7% | GBX16.49 Million | GBX6.15 Million | GBX25.24 Million | ▼ -29.9 pp |
| 2020 | 92.6% | GBX15.66 Million | GBX1.17 Million | GBX22.24 Million | ▼ -0.8 pp |
| 2019 | 93.3% | GBX13.28 Million | GBX887.00K | GBX17.30 Million | ▼ -0.3 pp |
| 2018 | 93.6% | GBX7.98 Million | GBX511.00K | GBX12.45 Million | ▲ +5.3 pp |
| 2017 | 88.3% | GBX6.46 Million | GBX756.00K | GBX11.25 Million | ▲ +4.3 pp |
| 2016 | 84.0% | GBX5.55 Million | GBX887.00K | GBX7.36 Million | ▼ -9.3 pp |
| 2015 | 93.3% | GBX7.33 Million | GBX489.00K | GBX8.90 Million | ▲ +2.3 pp |
| 2014 | 91.1% | GBX2.60 Million | GBX232.00K | GBX3.68 Million | ▲ +127.1 pp |
| 2013 | -36.0% | GBX97.99K | GBX133.30K | GBX347.07K | ▲ +521.0 pp |
| 2012 | -557.1% | GBX15.90K | GBX104.50K | GBX243.00K | — |