Endava Ltd (DAVA) — Tangible Net Worth Ratio

Latest as of December 2025: 82.4%

Endava Ltd (DAVA) has a Tangible Net Worth Ratio of 82.4% as of December 2025. This metric is calculated by deducting intangible assets ($99.50 Million) from net assets ($564.44 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 working capital position of Endava Ltd to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

82.4%
Tangible equity / total equity

Net Assets (Equity)

$564.44 Million
USD

Intangible Assets

$99.50 Million
Goodwill, patents, brand value

Total Assets

$926.73 Million
USD

Endava Ltd Tangible Net Worth Ratio (2013–2025)

This chart shows how Endava Ltd's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 82.4%, reflecting net assets of $564.44 Million with intangible assets of $99.50 Million USD. See defensive interval ratio of Endava Ltd to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Endava Ltd (2013–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Endava Ltd from 2013 to 2025, 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 how much is Endava Ltd worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 82.7% $582.94 Million $100.89 Million $935.77 Million ▲ +2.7 pp
2024 80.0% $639.46 Million $127.80 Million $1.01 Billion ▼ -8.4 pp
2023 88.4% $571.31 Million $66.22 Million $770.12 Million ▲ +1.4 pp
2022 87.0% $432.72 Million $56.19 Million $621.86 Million ▲ +10.1 pp
2021 76.9% $300.67 Million $69.55 Million $473.21 Million ▼ -6.7 pp
2020 83.6% $236.33 Million $38.75 Million $360.94 Million ▲ +1.0 pp
2019 82.6% $166.33 Million $28.91 Million $222.68 Million ▲ +26.9 pp
2018 55.7% $69.50 Million $30.79 Million $151.01 Million ▼ -11.4 pp
2017 67.1% $48.72 Million $16.03 Million $106.38 Million ▲ +4.8 pp
2016 62.3% $29.79 Million $11.23 Million $72.90 Million ▲ +0.8 pp
2015 61.5% $25.99 Million $10.00 Million $57.00 Million ▼ -38.5 pp
2014 100.0% $16.81 Million $0.00 $37.28 Million ▲ +0.0 pp
2013 100.0% $10.63 Million $0.00 $23.81 Million
pp = percentage points