Volitionrx Ltd (VNRX) — Tangible Net Worth Ratio
Volitionrx Ltd (VNRX) has a Tangible Net Worth Ratio of 98.7% as of June 2023. This metric is calculated by deducting intangible assets ($67.72K) from net assets ($5.12 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 how liquid is Volitionrx Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Volitionrx Ltd Tangible Net Worth Ratio (2011–2021)
This chart shows how Volitionrx Ltd's Tangible Net Worth Ratio has changed across 11 annual periods from 2011 to 2021. As of June 2023, the ratio stands at 98.7%, reflecting net assets of $5.12 Million with intangible assets of $67.72K USD. See VNRX defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Volitionrx Ltd (2011–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Volitionrx Ltd from 2011 to 2021, covering 11 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 Volitionrx Ltd (VNRX) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 98.8% | $17.72 Million | $216.88K | $27.49 Million | ▲ +0.8 pp |
| 2020 | 98.0% | $16.29 Million | $321.64K | $26.15 Million | ▲ +0.6 pp |
| 2019 | 97.4% | $14.20 Million | $372.31K | $21.29 Million | ▲ +1.2 pp |
| 2018 | 96.2% | $12.14 Million | $466.90K | $17.49 Million | ▲ +1.9 pp |
| 2017 | 94.2% | $9.96 Million | $576.40K | $14.62 Million | ▼ -2.9 pp |
| 2016 | 97.2% | $21.18 Million | $602.19K | $24.73 Million | ▲ +8.8 pp |
| 2015 | 88.3% | $6.04 Million | $705.38K | $7.71 Million | ▲ +208.0 pp |
| 2014 | -119.7% | $368.18K | $808.73K | $3.43 Million | ▼ -72.4 pp |
| 2013 | -47.2% | $680.67K | $1.00 Million | $2.07 Million | ▲ +24.3 pp |
| 2012 | -71.5% | $833.79K | $1.43 Million | $2.22 Million | ▼ -31.7 pp |
| 2011 | -39.8% | $1.09 Million | $1.52 Million | $2.25 Million | — |