IRSA Inversiones y Representaciones SA (IRSA) — Tangible Net Worth Ratio
IRSA Inversiones y Representaciones SA (IRSA) has a Tangible Net Worth Ratio of 99.1% as of December 2025. This metric is calculated by deducting intangible assets (AR$17.97 Billion) from net assets (AR$1.96 Trillion) 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 IRSA 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
IRSA Inversiones y Representaciones SA Tangible Net Worth Ratio (2000–2024)
This chart shows how IRSA Inversiones y Representaciones SA's Tangible Net Worth Ratio has changed across 25 annual periods from 2000 to 2024. As of December 2025, the ratio stands at 99.1%, reflecting net assets of AR$1.96 Trillion with intangible assets of AR$17.97 Billion ARS. See IRSA Inversiones y Representaciones SA defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for IRSA Inversiones y Representaciones SA (2000–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for IRSA Inversiones y Representaciones SA from 2000 to 2024, covering 25 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 market cap of IRSA Inversiones y Representaciones SA.
| Year | Tangible NW Ratio | Net Assets (ARS) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 94.6% | AR$1.15 Trillion | AR$62.81 Billion | AR$2.24 Trillion | ▼ -3.5 pp |
| 2023 | 98.1% | AR$387.27 Billion | AR$7.47 Billion | AR$711.61 Billion | ▼ -0.1 pp |
| 2022 | 98.1% | AR$169.73 Billion | AR$3.16 Billion | AR$372.79 Billion | ▲ +0.9 pp |
| 2021 | 97.3% | AR$82.72 Billion | AR$2.27 Billion | AR$222.78 Billion | ▲ +15.3 pp |
| 2020 | 81.9% | AR$122.66 Billion | AR$22.14 Billion | AR$627.20 Billion | ▼ -2.5 pp |
| 2019 | 84.5% | AR$85.82 Billion | AR$13.32 Billion | AR$474.63 Billion | ▼ -3.2 pp |
| 2018 | 87.6% | AR$74.54 Billion | AR$9.21 Billion | AR$335.77 Billion | ▲ +7.9 pp |
| 2017 | 79.7% | AR$47.34 Billion | AR$9.61 Billion | AR$231.24 Billion | ▲ +50.4 pp |
| 2016 | 29.3% | AR$13.50 Billion | AR$9.55 Billion | AR$159.00 Billion | ▼ -66.3 pp |
| 2015 | 95.6% | AR$2.87 Billion | AR$127.41 Million | AR$10.25 Billion | ▼ -0.1 pp |
| 2014 | 95.7% | AR$2.88 Billion | AR$124.08 Million | AR$9.81 Billion | ▼ -1.8 pp |
| 2013 | 97.5% | AR$3.13 Billion | AR$79.65 Million | AR$8.33 Billion | ▼ -0.4 pp |
| 2012 | 97.8% | AR$2.70 Billion | AR$58.18 Million | AR$6.60 Billion | ▼ -0.6 pp |
| 2011 | 98.5% | AR$2.80 Billion | AR$42.36 Million | AR$6.32 Billion | ▲ +0.3 pp |
| 2010 | 98.2% | AR$2.97 Billion | AR$54.40 Million | AR$5.63 Billion | ▼ -1.1 pp |
| 2009 | 99.3% | AR$2.56 Billion | AR$18.56 Million | AR$4.94 Billion | ▼ -0.4 pp |
| 2008 | 99.6% | AR$2.38 Billion | AR$8.61 Million | AR$4.47 Billion | ▼ -0.2 pp |
| 2007 | 99.9% | AR$2.10 Billion | AR$2.82 Million | AR$4.14 Billion | ▲ +0.1 pp |
| 2006 | 99.8% | AR$1.94 Billion | AR$3.60 Million | AR$2.74 Billion | ▲ +0.2 pp |
| 2005 | 99.7% | AR$1.70 Billion | AR$5.88 Million | AR$2.52 Billion | ▼ -0.2 pp |
| 2004 | 99.8% | AR$1.43 Billion | AR$2.60 Million | AR$2.20 Billion | ▲ +0.1 pp |
| 2003 | 99.7% | AR$1.25 Billion | AR$3.24 Million | AR$2.05 Billion | ▲ +0.5 pp |
| 2002 | 99.3% | AR$535.63 Million | AR$3.95 Million | AR$1.14 Billion | ▼ -0.1 pp |
| 2001 | 99.4% | AR$549.22 Million | AR$3.54 Million | AR$764.01 Million | ▲ +0.1 pp |
| 2000 | 99.2% | AR$620.09 Million | AR$4.88 Million | AR$851.26 Million | — |