XPS Pensions Group PLC (XPS) — Tangible Net Worth Ratio
XPS Pensions Group PLC (XPS) has a Tangible Net Worth Ratio of -30.9% as of September 2025. This metric is calculated by deducting intangible assets (GBX220.17 Million) from net assets (GBX168.23 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 XPS Pensions Group PLC (XPS) 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
XPS Pensions Group PLC Tangible Net Worth Ratio (2017–2025)
This chart shows how XPS Pensions Group PLC's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of September 2025, the ratio stands at -30.9%, reflecting net assets of GBX168.23 Million with intangible assets of GBX220.17 Million GBX. See XPS Pensions Group PLC liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for XPS Pensions Group PLC (2017–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for XPS Pensions Group PLC from 2017 to 2025, covering 9 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 XPS Pensions Group PLC (XPS) total market value.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 47.3% | GBX185.41 Million | GBX97.70 Million | GBX323.48 Million | ▼ -8.2 pp |
| 2024 | 55.5% | GBX185.85 Million | GBX82.77 Million | GBX281.87 Million | ▲ +97.5 pp |
| 2023 | -42.1% | GBX149.28 Million | GBX212.10 Million | GBX283.76 Million | ▲ +1.1 pp |
| 2022 | -43.2% | GBX144.44 Million | GBX206.80 Million | GBX271.65 Million | ▼ -5.8 pp |
| 2021 | -37.4% | GBX149.07 Million | GBX204.78 Million | GBX266.01 Million | ▲ +0.3 pp |
| 2020 | -37.7% | GBX152.94 Million | GBX210.60 Million | GBX277.69 Million | ▼ -79.1 pp |
| 2019 | 41.4% | GBX156.40 Million | GBX91.62 Million | GBX250.78 Million | ▲ +6.7 pp |
| 2018 | 34.7% | GBX153.38 Million | GBX100.11 Million | GBX255.65 Million | ▲ +51.5 pp |
| 2017 | -16.8% | GBX28.95 Million | GBX33.81 Million | GBX77.77 Million | — |