AP (Thailand) Public Company Limited (AP) — Tangible Net Worth Ratio
AP (Thailand) Public Company Limited (AP) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets (฿11.63 Million) from net assets (฿46.08 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 AP (Thailand) Public Company Limited (AP) 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
AP (Thailand) Public Company Limited Tangible Net Worth Ratio (2000–2025)
This chart shows how AP (Thailand) Public Company Limited's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of ฿46.08 Billion with intangible assets of ฿11.63 Million THB. See how many days can AP (Thailand) Public Company Limited fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for AP (Thailand) Public Company Limited (2000–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for AP (Thailand) Public Company Limited from 2000 to 2025, covering 26 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 AP (Thailand) Public Company Limited market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (THB) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | ฿46.08 Billion | ฿11.63 Million | ฿85.66 Billion | ▲ +0.1 pp |
| 2024 | 99.9% | ฿43.64 Billion | ฿51.96 Million | ฿84.89 Billion | ▲ +0.1 pp |
| 2023 | 99.8% | ฿40.74 Billion | ฿92.16 Million | ฿83.94 Billion | ▲ +0.2 pp |
| 2022 | 99.6% | ฿36.73 Billion | ฿144.98 Million | ฿68.23 Billion | ▲ +0.1 pp |
| 2021 | 99.5% | ฿32.42 Billion | ฿149.30 Million | ฿60.41 Billion | ▼ 0.0 pp |
| 2020 | 99.5% | ฿29.26 Billion | ฿132.18 Million | ฿58.72 Billion | ▼ 0.0 pp |
| 2019 | 99.6% | ฿26.30 Billion | ฿113.51 Million | ฿58.79 Billion | ▼ -0.4 pp |
| 2018 | 99.9% | ฿24.38 Billion | ฿17.34 Million | ฿49.28 Billion | ▲ +0.1 pp |
| 2017 | 99.9% | ฿21.63 Billion | ฿29.34 Million | ฿43.94 Billion | ▼ -0.1 pp |
| 2016 | 99.9% | ฿19.42 Billion | ฿15.78 Million | ฿37.79 Billion | ▼ 0.0 pp |
| 2015 | 99.9% | ฿17.65 Billion | ฿9.68 Million | ฿36.15 Billion | ▲ +0.1 pp |
| 2014 | 99.8% | ฿15.85 Billion | ฿25.17 Million | ฿35.56 Billion | ▲ +0.2 pp |
| 2013 | 99.6% | ฿14.01 Billion | ฿54.88 Million | ฿34.41 Billion | ▲ +0.6 pp |
| 2012 | 99.0% | ฿12.52 Billion | ฿124.62 Million | ฿29.31 Billion | ▲ +1.0 pp |
| 2011 | 98.0% | ฿10.66 Billion | ฿210.17 Million | ฿29.37 Billion | ▲ +1.7 pp |
| 2010 | 96.3% | ฿9.51 Billion | ฿353.36 Million | ฿24.11 Billion | ▼ -3.5 pp |
| 2009 | 99.8% | ฿8.19 Billion | ฿14.48 Million | ฿19.01 Billion | ▲ +0.0 pp |
| 2008 | 99.8% | ฿6.79 Billion | ฿15.10 Million | ฿17.38 Billion | ▲ +1.5 pp |
| 2007 | 98.3% | ฿5.72 Billion | ฿100.06 Million | ฿13.15 Billion | ▲ +0.5 pp |
| 2006 | 97.7% | ฿5.05 Billion | ฿115.01 Million | ฿10.42 Billion | ▲ +1.0 pp |
| 2005 | 96.7% | ฿3.99 Billion | ฿131.16 Million | ฿10.28 Billion | ▲ +0.1 pp |
| 2004 | 96.7% | ฿4.41 Billion | ฿147.32 Million | ฿9.25 Billion | ▲ +1.6 pp |
| 2003 | 95.1% | ฿3.33 Billion | ฿163.48 Million | ฿6.62 Billion | ▲ +4.1 pp |
| 2002 | 91.0% | ฿1.75 Billion | ฿156.95 Million | ฿3.59 Billion | ▲ +6.2 pp |
| 2001 | 84.8% | ฿927.81 Million | ฿140.74 Million | ฿2.20 Billion | ▲ +10.1 pp |
| 2000 | 74.7% | ฿605.52 Million | ฿153.08 Million | ฿1.68 Billion | — |