Sumo Resources PLC (MLSUM) — Tangible Net Worth Ratio
Sumo Resources PLC (MLSUM) has a Tangible Net Worth Ratio of -906.5% as of December 2018. This metric is calculated by deducting intangible assets (€539.53K) from net assets (€53.60K) 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 Sumo Resources PLC (MLSUM) 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
Sumo Resources PLC Tangible Net Worth Ratio (2013–2018)
This chart shows how Sumo Resources PLC's Tangible Net Worth Ratio has changed across 6 annual periods from 2013 to 2018. As of December 2018, the ratio stands at -906.5%, reflecting net assets of €53.60K with intangible assets of €539.53K EUR. See MLSUM days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Sumo Resources PLC (2013–2018)
The table below presents the year-by-year Tangible Net Worth Ratio for Sumo Resources PLC from 2013 to 2018, covering 6 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 Sumo Resources PLC market capitalisation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2018 | -906.5% | €53.60K | €539.53K | €594.01K | ▼ -770.9 pp |
| 2017 | -135.7% | €274.15K | €646.04K | €955.00K | ▼ -235.7 pp |
| 2016 | 100.0% | €549.88K | €0.00 | €583.48K | ▲ +0.0 pp |
| 2015 | 100.0% | €715.84K | €0.00 | €724.92K | ▲ +0.0 pp |
| 2014 | 100.0% | €832.64K | €0.00 | €840.04K | ▲ +0.0 pp |
| 2013 | 100.0% | €925.59K | €0.00 | €938.92K | — |