Tipco Asphalt Public Company Limited (TASCO-R) — Tangible Net Worth Ratio

Latest as of June 2025: 99.4%

Tipco Asphalt Public Company Limited (TASCO-R) has a Tangible Net Worth Ratio of 99.4% as of June 2025. This metric is calculated by deducting intangible assets (฿94.17 Million) from net assets (฿15.18 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 Tipco Asphalt Public Company Limited's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

99.4%
Tangible equity / total equity

Net Assets (Equity)

฿15.18 Billion
THB

Intangible Assets

฿94.17 Million
Goodwill, patents, brand value

Total Assets

฿23.70 Billion
THB

Tipco Asphalt Public Company Limited Tangible Net Worth Ratio (2002–2024)

This chart shows how Tipco Asphalt Public Company Limited's Tangible Net Worth Ratio has changed across 23 annual periods from 2002 to 2024. As of June 2025, the ratio stands at 99.4%, reflecting net assets of ฿15.18 Billion with intangible assets of ฿94.17 Million THB. See defensive interval ratio of Tipco Asphalt Public Company Limited to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Tipco Asphalt Public Company Limited (2002–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Tipco Asphalt Public Company Limited from 2002 to 2024, covering 23 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 Tipco Asphalt Public Company Limited market capitalisation.

Year Tangible NW Ratio Net Assets (THB) Intangible Assets Total Assets Change (pp)
2024 99.3% ฿16.09 Billion ฿105.10 Million ฿23.79 Billion ▲ +0.1 pp
2023 99.2% ฿16.90 Billion ฿127.41 Million ฿23.66 Billion ▲ +0.4 pp
2022 98.9% ฿16.79 Billion ฿191.11 Million ฿26.26 Billion ▲ +0.5 pp
2021 98.3% ฿15.94 Billion ฿266.38 Million ฿24.80 Billion ▼ -0.6 pp
2020 98.9% ฿15.02 Billion ฿158.36 Million ฿21.33 Billion ▲ +0.4 pp
2019 98.6% ฿13.58 Billion ฿195.51 Million ฿25.26 Billion ▲ +0.4 pp
2018 98.2% ฿12.54 Billion ฿230.02 Million ฿24.25 Billion ▲ +0.2 pp
2017 98.0% ฿12.93 Billion ฿261.00 Million ฿19.51 Billion ▼ -0.2 pp
2016 98.1% ฿12.27 Billion ฿228.85 Million ฿19.50 Billion ▼ -1.6 pp
2015 99.7% ฿10.56 Billion ฿31.54 Million ฿16.87 Billion ▲ +0.2 pp
2014 99.5% ฿6.13 Billion ฿28.93 Million ฿15.15 Billion ▼ -0.1 pp
2013 99.6% ฿5.89 Billion ฿21.79 Million ฿20.27 Billion ▲ +0.0 pp
2012 99.6% ฿5.04 Billion ฿19.97 Million ฿18.67 Billion ▲ +4.7 pp
2011 94.9% ฿4.44 Billion ฿227.91 Million ฿15.52 Billion ▲ +1.0 pp
2010 93.9% ฿3.63 Billion ฿223.08 Million ฿10.75 Billion ▲ +2.4 pp
2009 91.5% ฿2.85 Billion ฿243.22 Million ฿12.51 Billion ▼ -7.6 pp
2008 99.1% ฿2.37 Billion ฿22.47 Million ฿8.92 Billion ▼ -0.8 pp
2007 99.8% ฿3.14 Billion ฿6.00 Million ฿7.04 Billion ▼ 0.0 pp
2006 99.8% ฿3.05 Billion ฿4.86 Million ฿7.42 Billion ▲ +2.3 pp
2005 97.6% ฿2.63 Billion ฿63.94 Million ฿6.27 Billion ▲ +0.8 pp
2004 96.7% ฿1.84 Billion ฿60.17 Million ฿4.99 Billion ▼ -3.3 pp
2003 100.0% ฿3.31 Billion ฿0.00 ฿5.77 Billion ▲ +0.0 pp
2002 100.0% ฿1.99 Billion ฿0.00 ฿5.37 Billion
pp = percentage points