Pipe Works L. Girakian Profil S.A. (PROFK) — Tangible Net Worth Ratio
Pipe Works L. Girakian Profil S.A. (PROFK) has a Tangible Net Worth Ratio of 99.8% as of June 2021. This metric is calculated by deducting intangible assets (€18.97K) from net assets (€9.15 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 PROFK net 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
Pipe Works L. Girakian Profil S.A. Tangible Net Worth Ratio (2014–2020)
This chart shows how Pipe Works L. Girakian Profil S.A.'s Tangible Net Worth Ratio has changed across 5 annual periods from 2014 to 2020. As of June 2021, the ratio stands at 99.8%, reflecting net assets of €9.15 Million with intangible assets of €18.97K EUR. See Pipe Works L. Girakian Profil S.A. (PROFK) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Pipe Works L. Girakian Profil S.A. (2014–2020)
The table below presents the year-by-year Tangible Net Worth Ratio for Pipe Works L. Girakian Profil S.A. from 2014 to 2020, covering 5 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 PROFK market cap overview.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2020 | 99.4% | €3.91 Million | €22.30K | €26.10 Million | ▲ +0.1 pp |
| 2019 | 99.3% | €3.62 Million | €23.90K | €23.77 Million | ▼ -0.2 pp |
| 2018 | 99.5% | €6.17 Million | €27.97K | €26.30 Million | ▲ +0.0 pp |
| 2017 | 99.5% | €6.95 Million | €32.10K | €25.56 Million | ▲ +1.0 pp |
| 2014 | 98.5% | €1.98 Million | €29.33K | €28.04 Million | — |