Nova Minerals Limited (NVA) — Tangible Net Worth Ratio
Nova Minerals Limited (NVA) has a Tangible Net Worth Ratio of 100.0% as of September 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($2.28 Billion) 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 NVA 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
Nova Minerals Limited Tangible Net Worth Ratio (1990–2024)
This chart shows how Nova Minerals Limited's Tangible Net Worth Ratio has changed across 28 annual periods from 1990 to 2024. As of September 2024, the ratio stands at 100.0%, reflecting net assets of $2.28 Billion with intangible assets of $0.00 USD. See NVA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Nova Minerals Limited (1990–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Nova Minerals Limited from 1990 to 2024, covering 28 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 cap of Nova Minerals Limited.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | $2.12 Billion | $0.00 | $3.06 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | $1.94 Billion | $0.00 | $2.82 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | $1.44 Billion | $0.00 | $2.39 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | $1.16 Billion | $0.00 | $2.16 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | $1.35 Billion | $0.00 | $2.33 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | $1.41 Billion | $0.00 | $2.18 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | $863.58 Million | $0.00 | $1.19 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | $756.03 Million | $0.00 | $961.24 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $629.64 Million | $0.00 | $981.64 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $687.65 Million | $0.00 | $1.02 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | $707.79 Million | $0.00 | $905.71 Million | ▲ +0.0 pp |
| 2013 | 100.0% | $656.06 Million | $0.00 | $878.17 Million | ▲ +0.0 pp |
| 2012 | 100.0% | $755.55 Million | $0.00 | $1.37 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | $900.33 Million | $0.00 | $1.60 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | $919.69 Million | $0.00 | $1.56 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | $811.30 Million | $0.00 | $1.41 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | $370.29 Million | $0.00 | $683.16 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $296.51 Million | $0.00 | $590.08 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $255.60 Million | $0.00 | $432.43 Million | ▲ +8.2 pp |
| 2005 | 91.8% | $115.11 Million | $9.44 Million | $173.53 Million | ▼ -8.2 pp |
| 2004 | 100.0% | $71.06 Million | $0.00 | $91.67 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $191.42K | $0.00 | $502.03K | ▲ +0.0 pp |
| 2001 | 100.0% | $368.59K | $0.00 | $1.56 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $5.32 Million | $0.00 | $5.98 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $14.50 Million | $0.00 | $14.78 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $18.51 Million | $0.00 | $19.00 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $5.25 Million | $0.00 | $15.43 Million | ▲ +0.0 pp |
| 1990 | 100.0% | $25.00K | $0.00 | $4.86 Million | — |