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. See working capital position of IRSA Propiedades Comerciales S.A to evaluate short-term liquidity relative to the company's equity base.
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. See operational self-sufficiency of IRSA Propiedades Comerciales S.A to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see IRCP stock market capitalisation.
| 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 | — |