Bangkok Aviation Fuel Services Public Company Limited (BAFS) — Tangible Net Worth Ratio

Latest as of March 2026: 65.9%

Bangkok Aviation Fuel Services Public Company Limited (BAFS) has a Tangible Net Worth Ratio of 65.9% as of March 2026. This metric is calculated by deducting intangible assets (฿1.87 Billion) from net assets (฿5.48 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 Bangkok Aviation Fuel Services Public Co (BAFS) net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

65.9%
Tangible equity / total equity

Net Assets (Equity)

฿5.48 Billion
THB

Intangible Assets

฿1.87 Billion
Goodwill, patents, brand value

Total Assets

฿21.94 Billion
THB

Bangkok Aviation Fuel Services Public Company Limited Tangible Net Worth Ratio (2000–2025)

This chart shows how Bangkok Aviation Fuel Services Public Company Limited's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at 65.9%, reflecting net assets of ฿5.48 Billion with intangible assets of ฿1.87 Billion THB. For live market cap and overall valuation, see Bangkok Aviation Fuel Services Public Co market cap and net worth.

Annual Tangible Net Worth Ratio for Bangkok Aviation Fuel Services Public Company Limited (2000–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Bangkok Aviation Fuel Services 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. Explore capital reinvestment ratio of Bangkok Aviation Fuel Services Public Co to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (THB) Intangible Assets Total Assets Change (pp)
2025 64.4% ฿5.37 Billion ฿1.91 Billion ฿21.85 Billion ▼ -3.6 pp
2024 68.0% ฿6.47 Billion ฿2.07 Billion ฿21.80 Billion ▲ +1.3 pp
2023 66.6% ฿6.70 Billion ฿2.24 Billion ฿22.73 Billion ▼ -4.9 pp
2022 71.6% ฿5.95 Billion ฿1.69 Billion ฿23.72 Billion ▼ 0.0 pp
2021 71.6% ฿6.38 Billion ฿1.81 Billion ฿24.65 Billion ▼ -7.6 pp
2020 79.2% ฿6.77 Billion ฿1.41 Billion ฿19.47 Billion ▼ -1.6 pp
2019 80.7% ฿7.86 Billion ฿1.51 Billion ฿17.35 Billion ▲ +1.7 pp
2018 79.0% ฿7.85 Billion ฿1.65 Billion ฿16.29 Billion ▲ +2.1 pp
2017 76.9% ฿7.57 Billion ฿1.75 Billion ฿12.41 Billion ▲ +1.9 pp
2016 75.0% ฿7.37 Billion ฿1.84 Billion ฿12.16 Billion ▲ +9.5 pp
2015 65.6% ฿5.66 Billion ฿1.95 Billion ฿8.54 Billion ▲ +4.7 pp
2014 60.9% ฿5.21 Billion ฿2.04 Billion ฿8.26 Billion ▼ -38.2 pp
2013 99.1% ฿4.99 Billion ฿45.78 Million ฿8.08 Billion ▲ +0.1 pp
2012 99.0% ฿4.29 Billion ฿41.64 Million ฿7.39 Billion ▲ +0.2 pp
2011 98.8% ฿3.82 Billion ฿44.40 Million ฿7.36 Billion ▲ +0.3 pp
2010 98.6% ฿3.56 Billion ฿51.64 Million ฿6.68 Billion ▲ +0.3 pp
2009 98.2% ฿3.27 Billion ฿57.79 Million ฿6.84 Billion ▼ -0.3 pp
2008 98.5% ฿2.99 Billion ฿43.69 Million ฿7.06 Billion ▲ +20.0 pp
2007 78.6% ฿3.43 Billion ฿735.74 Million ฿7.50 Billion ▲ +7.1 pp
2006 71.4% ฿2.67 Billion ฿761.34 Million ฿7.51 Billion ▲ +3.0 pp
2005 68.5% ฿2.44 Billion ฿768.01 Million ฿6.65 Billion ▲ +6.1 pp
2004 62.4% ฿2.04 Billion ฿768.01 Million ฿4.57 Billion ▲ +5.4 pp
2003 57.0% ฿1.76 Billion ฿756.01 Million ฿3.52 Billion ▼ -43.0 pp
2002 100.0% ฿1.59 Billion ฿0.00 ฿1.90 Billion ▲ +0.0 pp
2001 100.0% ฿827.87 Million ฿0.00 ฿1.57 Billion ▲ +0.0 pp
2000 100.0% ฿1.06 Billion ฿0.00 ฿1.35 Billion
pp = percentage points