New Horizon Group Ltd (NERZ) — Tangible Net Worth Ratio
New Horizon Group Ltd (NERZ) has a Tangible Net Worth Ratio of 100.0% as of March 2016. This metric is calculated by deducting intangible assets (ILA0.00) from net assets (ILA561.00K) 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 New Horizon Group Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
New Horizon Group Ltd Tangible Net Worth Ratio (2005–2015)
This chart shows how New Horizon Group Ltd's Tangible Net Worth Ratio has changed across 7 annual periods from 2005 to 2015. As of March 2016, the ratio stands at 100.0%, reflecting net assets of ILA561.00K with intangible assets of ILA0.00 ILA. See New Horizon Group Ltd (NERZ) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for New Horizon Group Ltd (2005–2015)
The table below presents the year-by-year Tangible Net Worth Ratio for New Horizon Group Ltd from 2005 to 2015, covering 7 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 New Horizon Group Ltd (NERZ) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (ILA) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2015 | 100.0% | ILA720.00K | ILA0.00 | ILA15.43 Million | ▲ +0.0 pp |
| 2014 | 100.0% | ILA3.40 Million | ILA0.00 | ILA21.15 Million | ▲ +0.0 pp |
| 2013 | 100.0% | ILA10.19 Million | ILA0.00 | ILA41.61 Million | ▲ +0.0 pp |
| 2009 | 100.0% | ILA24.24 Million | ILA0.00 | ILA143.71 Million | ▲ +0.0 pp |
| 2008 | 100.0% | ILA46.65 Million | ILA0.00 | ILA166.82 Million | ▲ +0.0 pp |
| 2006 | 100.0% | ILA15.96 Million | ILA0.00 | ILA33.65 Million | ▲ +0.0 pp |
| 2005 | 100.0% | ILA656.00K | ILA0.00 | ILA738.00K | — |