IRSA Propiedades Comerciales S.A (IRCP) — Tangible Net Worth Ratio
IRSA Propiedades Comerciales S.A (IRCP) has a Tangible Net Worth Ratio of 98.4% as of September 2021. This metric is calculated by deducting intangible assets (AR$1.32 Billion) from net assets (AR$83.45 Billion) 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. Also explore IRSA Propiedades Comerciales S.A (IRCP) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
IRSA Propiedades Comerciales S.A Tangible Net Worth Ratio (2016–2021)
This chart shows how IRSA Propiedades Comerciales S.A's Tangible Net Worth Ratio has changed across 6 annual periods from 2016 to 2021. As of September 2021, the ratio stands at 98.4%, reflecting net assets of AR$83.45 Billion with intangible assets of AR$1.32 Billion ARS. For live market cap and overall valuation, see IRCP market cap overview.
Annual Tangible Net Worth Ratio for IRSA Propiedades Comerciales S.A (2016–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for IRSA Propiedades Comerciales S.A from 2016 to 2021, 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. Explore IRSA Propiedades Comerciales S.A (IRCP) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (ARS) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 98.3% | AR$78.01 Billion | AR$1.34 Billion | AR$177.40 Billion | ▼ -0.5 pp |
| 2020 | 98.8% | AR$75.57 Billion | AR$927.58 Million | AR$144.50 Billion | ▼ -0.4 pp |
| 2019 | 99.2% | AR$40.61 Billion | AR$342.70 Million | AR$81.00 Billion | ▼ -0.5 pp |
| 2018 | 99.7% | AR$37.96 Billion | AR$112.19 Million | AR$67.74 Billion | ▲ +0.1 pp |
| 2017 | 99.6% | AR$23.02 Billion | AR$85.19 Million | AR$42.42 Billion | ▲ +3.6 pp |
| 2016 | 96.0% | AR$1.67 Billion | AR$67.14 Million | AR$9.30 Billion | — |