SunLink Health Systems Inc (SSY) — Tangible Net Worth Ratio

Latest as of March 2025: 91.2%

SunLink Health Systems Inc (SSY) has a Tangible Net Worth Ratio of 91.2% as of March 2025. This metric is calculated by deducting intangible assets ($1.18 Million) from net assets ($13.41 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 SunLink Health Systems Inc to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

91.2%
Tangible equity / total equity

Net Assets (Equity)

$13.41 Million
USD

Intangible Assets

$1.18 Million
Goodwill, patents, brand value

Total Assets

$17.47 Million
USD

SunLink Health Systems Inc Tangible Net Worth Ratio (1986–2024)

This chart shows how SunLink Health Systems Inc's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2024. As of March 2025, the ratio stands at 91.2%, reflecting net assets of $13.41 Million with intangible assets of $1.18 Million USD. See SSY defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for SunLink Health Systems Inc (1986–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for SunLink Health Systems Inc from 1986 to 2024, covering 40 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 SunLink Health Systems Inc stock valuation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2024 92.6% $15.97 Million $1.18 Million $20.61 Million ▼ -0.6 pp
2023 93.2% $17.42 Million $1.18 Million $23.27 Million ▼ -0.5 pp
2022 93.7% $19.12 Million $1.20 Million $27.94 Million ▼ -0.4 pp
2021 94.1% $20.81 Million $1.23 Million $31.56 Million ▲ +3.2 pp
2020 90.9% $13.74 Million $1.25 Million $27.97 Million ▼ -0.1 pp
2019 91.0% $15.04 Million $1.35 Million $24.42 Million ▼ -0.4 pp
2018 91.4% $17.19 Million $1.47 Million $26.18 Million ▼ -1.2 pp
2017 92.7% $21.69 Million $1.59 Million $35.34 Million ▲ +6.5 pp
2016 86.2% $19.49 Million $2.69 Million $44.84 Million ▼ -5.4 pp
2015 91.5% $33.56 Million $2.84 Million $57.13 Million ▲ +0.6 pp
2014 90.9% $33.32 Million $3.03 Million $63.85 Million ▲ +0.3 pp
2013 90.6% $33.74 Million $3.17 Million $68.00 Million ▲ +1.9 pp
2012 88.7% $29.29 Million $3.32 Million $79.17 Million ▲ +0.9 pp
2011 87.8% $31.46 Million $3.84 Million $89.54 Million ▲ +15.4 pp
2010 72.4% $42.69 Million $11.78 Million $98.49 Million ▲ +2.1 pp
2009 70.3% $42.39 Million $12.59 Million $107.38 Million ▲ +3.2 pp
2008 67.1% $40.86 Million $13.43 Million $111.62 Million ▼ -22.3 pp
2007 89.4% $36.02 Million $3.81 Million $77.84 Million ▼ -0.4 pp
2006 89.8% $34.35 Million $3.50 Million $74.30 Million ▼ -0.1 pp
2005 90.0% $29.30 Million $2.94 Million $65.44 Million ▲ +1.8 pp
2004 88.2% $24.90 Million $2.94 Million $63.15 Million ▼ -11.8 pp
2003 100.0% $6.47 Million $0.00 $8.81 Million ▲ +0.0 pp
2002 100.0% $5.96 Million $0.00 $48.57 Million ▲ +15.2 pp
2001 84.8% $9.63 Million $1.46 Million $56.51 Million ▲ +0.0 pp
2001 84.8% $9.63 Million $1.46 Million $56.51 Million ▼ -3.3 pp
2000 88.1% $9.51 Million $1.13 Million $23.13 Million ▼ -11.9 pp
1999 100.0% $7.50 Million $0.00 $29.70 Million ▲ +9.4 pp
1998 90.6% $18.10 Million $1.70 Million $39.60 Million ▼ -9.4 pp
1997 100.0% $18.00 Million $0.00 $50.00 Million ▲ +0.0 pp
1996 100.0% $14.50 Million $0.00 $42.40 Million ▲ +0.7 pp
1995 99.3% $14.10 Million $100.00K $44.20 Million ▲ +0.2 pp
1994 99.1% $10.60 Million $100.00K $43.20 Million ▲ +1.1 pp
1993 98.0% $9.90 Million $200.00K $46.00 Million ▼ -2.0 pp
1992 100.0% $10.20 Million $0.00 $46.40 Million ▲ +0.0 pp
1991 100.0% $8.50 Million $0.00 $45.20 Million ▲ +0.0 pp
1990 100.0% $5.80 Million $0.00 $42.50 Million ▲ +0.0 pp
1989 100.0% $11.30 Million $0.00 $51.90 Million ▲ +0.0 pp
1988 100.0% $16.90 Million $0.00 $79.00 Million ▲ +0.0 pp
1987 100.0% $13.60 Million $0.00 $65.40 Million ▲ +0.0 pp
1986 100.0% $11.70 Million $0.00 $50.40 Million
pp = percentage points