Forth Corporation Public Company Limited (FORTH) — Tangible Net Worth Ratio
Forth Corporation Public Company Limited (FORTH) has a Tangible Net Worth Ratio of 97.0% as of December 2024. This metric is calculated by deducting intangible assets (฿94.97 Million) from net assets (฿3.21 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 how liquid is Forth Corporation Public Company Limited's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Forth Corporation Public Company Limited Tangible Net Worth Ratio (2005–2024)
This chart shows how Forth Corporation Public Company Limited's Tangible Net Worth Ratio has changed across 20 annual periods from 2005 to 2024. As of December 2024, the ratio stands at 97.0%, reflecting net assets of ฿3.21 Billion with intangible assets of ฿94.97 Million THB. See Forth Corporation Public Company Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Forth Corporation Public Company Limited (2005–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Forth Corporation Public Company Limited from 2005 to 2024, covering 20 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 how much is Forth Corporation Public Company Limited worth.
| Year | Tangible NW Ratio | Net Assets (THB) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.0% | ฿3.21 Billion | ฿94.97 Million | ฿12.14 Billion | ▲ +0.1 pp |
| 2023 | 96.9% | ฿3.28 Billion | ฿100.74 Million | ฿11.12 Billion | ▲ +0.5 pp |
| 2022 | 96.4% | ฿3.26 Billion | ฿116.24 Million | ฿11.39 Billion | ▲ +0.7 pp |
| 2021 | 95.7% | ฿2.62 Billion | ฿112.55 Million | ฿8.82 Billion | ▲ +0.8 pp |
| 2020 | 94.9% | ฿2.23 Billion | ฿114.27 Million | ฿7.82 Billion | ▲ +0.1 pp |
| 2019 | 94.8% | ฿2.45 Billion | ฿127.61 Million | ฿7.62 Billion | ▼ -0.4 pp |
| 2018 | 95.2% | ฿2.51 Billion | ฿121.34 Million | ฿8.87 Billion | ▼ -1.7 pp |
| 2017 | 96.9% | ฿2.72 Billion | ฿84.80 Million | ฿8.15 Billion | ▼ -1.0 pp |
| 2016 | 97.8% | ฿2.63 Billion | ฿56.63 Million | ฿6.87 Billion | ▼ -0.6 pp |
| 2015 | 98.4% | ฿2.51 Billion | ฿39.81 Million | ฿5.97 Billion | ▼ -0.1 pp |
| 2014 | 98.5% | ฿2.30 Billion | ฿33.68 Million | ฿6.32 Billion | ▲ +0.7 pp |
| 2013 | 97.8% | ฿1.70 Billion | ฿37.11 Million | ฿4.65 Billion | ▲ +0.8 pp |
| 2012 | 97.0% | ฿1.45 Billion | ฿43.04 Million | ฿4.45 Billion | ▲ +2.0 pp |
| 2011 | 95.0% | ฿1.43 Billion | ฿71.16 Million | ฿5.50 Billion | ▲ +3.6 pp |
| 2010 | 91.5% | ฿1.32 Billion | ฿112.93 Million | ฿6.45 Billion | ▲ +2.9 pp |
| 2009 | 88.6% | ฿1.13 Billion | ฿129.28 Million | ฿5.43 Billion | ▲ +3.4 pp |
| 2008 | 85.2% | ฿1.05 Billion | ฿154.96 Million | ฿4.22 Billion | ▲ +1.1 pp |
| 2007 | 84.1% | ฿1.19 Billion | ฿189.10 Million | ฿3.69 Billion | ▲ +3.8 pp |
| 2006 | 80.4% | ฿1.13 Billion | ฿221.76 Million | ฿2.24 Billion | ▲ +24.2 pp |
| 2005 | 56.2% | ฿490.38 Million | ฿214.93 Million | ฿1.80 Billion | — |