Thai Setakij Insurance PCL (TSI) — Tangible Net Worth Ratio
Thai Setakij Insurance PCL (TSI) has a Tangible Net Worth Ratio of 94.1% as of September 2025. This metric is calculated by deducting intangible assets (฿12.63 Million) from net assets (฿214.05 Million) 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 TSI current assets 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
Thai Setakij Insurance PCL Tangible Net Worth Ratio (2000–2024)
This chart shows how Thai Setakij Insurance PCL's Tangible Net Worth Ratio has changed across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 94.1%, reflecting net assets of ฿214.05 Million with intangible assets of ฿12.63 Million THB. See defensive interval ratio of Thai Setakij Insurance PCL to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Thai Setakij Insurance PCL (2000–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Thai Setakij Insurance PCL from 2000 to 2024, covering 25 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 Thai Setakij Insurance PCL (TSI) total market value.
| Year | Tangible NW Ratio | Net Assets (THB) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 94.1% | ฿185.55 Million | ฿10.91 Million | ฿1.62 Billion | ▲ +1.0 pp |
| 2023 | 93.1% | ฿171.98 Million | ฿11.82 Million | ฿1.16 Billion | ▼ -4.6 pp |
| 2022 | 97.7% | ฿357.36 Million | ฿8.10 Million | ฿1.46 Billion | ▼ -0.5 pp |
| 2021 | 98.2% | ฿371.03 Million | ฿6.50 Million | ฿1.27 Billion | ▲ +0.4 pp |
| 2020 | 97.8% | ฿415.32 Million | ฿8.98 Million | ฿1.30 Billion | ▼ -1.0 pp |
| 2019 | 98.8% | ฿492.83 Million | ฿5.92 Million | ฿1.31 Billion | ▲ +0.9 pp |
| 2018 | 97.9% | ฿148.69 Million | ฿3.10 Million | ฿1.15 Billion | ▼ -0.8 pp |
| 2017 | 98.7% | ฿196.44 Million | ฿2.62 Million | ฿1.70 Billion | ▼ -0.5 pp |
| 2016 | 99.2% | ฿251.63 Million | ฿2.05 Million | ฿1.58 Billion | ▼ -0.3 pp |
| 2015 | 99.5% | ฿326.87 Million | ฿1.78 Million | ฿1.63 Billion | ▲ +2.4 pp |
| 2014 | 97.1% | ฿91.80 Million | ฿2.68 Million | ฿1.64 Billion | ▼ -2.0 pp |
| 2013 | 99.1% | ฿138.54 Million | ฿1.24 Million | ฿5.63 Billion | ▲ +0.9 pp |
| 2012 | 98.2% | ฿96.26 Million | ฿1.71 Million | ฿5.73 Billion | ▼ -0.7 pp |
| 2011 | 98.9% | ฿204.09 Million | ฿2.18 Million | ฿5.24 Billion | ▼ -1.1 pp |
| 2010 | 100.0% | ฿364.69 Million | ฿0.00 | ฿938.39 Million | ▲ +0.0 pp |
| 2009 | 100.0% | ฿461.96 Million | ฿0.00 | ฿801.31 Million | ▲ +0.0 pp |
| 2008 | 100.0% | ฿465.93 Million | ฿0.00 | ฿987.32 Million | ▲ +0.0 pp |
| 2007 | 100.0% | ฿489.67 Million | ฿0.00 | ฿1.25 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | ฿469.14 Million | ฿0.00 | ฿1.42 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | ฿491.27 Million | ฿0.00 | ฿1.39 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | ฿425.45 Million | ฿0.00 | ฿1.22 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | ฿419.51 Million | ฿0.00 | ฿1.18 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | ฿392.18 Million | ฿0.00 | ฿1.02 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | ฿322.16 Million | ฿0.00 | ฿974.00 Million | ▲ +0.0 pp |
| 2000 | 100.0% | ฿295.76 Million | ฿0.00 | ฿958.43 Million | — |