Sermsang Power Corporation Public Company Limited (SSP) — Tangible Net Worth Ratio
Sermsang Power Corporation Public Company Limited (SSP) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (฿0.00) from net assets (฿7.85 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 Sermsang Power Corporation Public Compan (SSP) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Sermsang Power Corporation Public Company Limited Tangible Net Worth Ratio (2014–2024)
This chart shows how Sermsang Power Corporation Public Company Limited's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of ฿7.85 Billion with intangible assets of ฿0.00 THB. See Sermsang Power Corporation Public Compan defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Sermsang Power Corporation Public Company Limited (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Sermsang Power Corporation Public Company Limited from 2014 to 2024, covering 11 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 value of Sermsang Power Corporation Public Compan.
| Year | Tangible NW Ratio | Net Assets (THB) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 63.1% | ฿8.10 Billion | ฿2.99 Billion | ฿24.69 Billion | ▼ -26.9 pp |
| 2023 | 90.0% | ฿8.47 Billion | ฿846.69 Million | ฿21.07 Billion | ▲ +1.7 pp |
| 2022 | 88.3% | ฿8.28 Billion | ฿970.19 Million | ฿21.29 Billion | ▲ +7.6 pp |
| 2021 | 80.7% | ฿6.37 Billion | ฿1.23 Billion | ฿24.06 Billion | ▲ +3.7 pp |
| 2020 | 76.9% | ฿4.54 Billion | ฿1.05 Billion | ฿16.10 Billion | ▲ +3.1 pp |
| 2019 | 73.8% | ฿4.00 Billion | ฿1.05 Billion | ฿13.05 Billion | ▼ -1.5 pp |
| 2018 | 75.4% | ฿3.86 Billion | ฿950.63 Million | ฿11.89 Billion | ▼ -5.5 pp |
| 2017 | 80.9% | ฿3.42 Billion | ฿654.21 Million | ฿8.27 Billion | ▲ +22.2 pp |
| 2016 | 58.7% | ฿1.30 Billion | ฿536.00 Million | ฿4.96 Billion | ▼ -37.9 pp |
| 2015 | 96.6% | ฿793.66 Million | ฿27.14 Million | ฿3.62 Billion | ▲ +0.3 pp |
| 2014 | 96.3% | ฿431.40 Million | ฿16.17 Million | ฿3.06 Billion | — |