Thiensurat Public Company Limited (TSR) — Tangible Net Worth Ratio
Thiensurat Public Company Limited (TSR) has a Tangible Net Worth Ratio of -136.7% as of March 2025. This metric is calculated by deducting intangible assets (฿71.29 Million) from net assets (฿30.12 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 Thiensurat Public Company Limited net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Thiensurat Public Company Limited Tangible Net Worth Ratio (2011–2024)
This chart shows how Thiensurat Public Company Limited's Tangible Net Worth Ratio has changed across 14 annual periods from 2011 to 2024. As of March 2025, the ratio stands at -136.7%, reflecting net assets of ฿30.12 Million with intangible assets of ฿71.29 Million THB. Also explore net asset momentum of Thiensurat Public Company Limited to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Thiensurat Public Company Limited (2011–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Thiensurat Public Company Limited from 2011 to 2024, covering 14 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 Thiensurat Public Company Limited worth.
| Year | Tangible NW Ratio | Net Assets (THB) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 39.2% | ฿121.73 Million | ฿74.05 Million | ฿2.07 Billion | ▼ -52.8 pp |
| 2023 | 92.0% | ฿1.16 Billion | ฿92.97 Million | ฿3.17 Billion | ▼ -3.6 pp |
| 2022 | 95.6% | ฿1.32 Billion | ฿58.80 Million | ฿1.73 Billion | ▼ -2.2 pp |
| 2021 | 97.8% | ฿1.25 Billion | ฿27.80 Million | ฿1.71 Billion | ▲ +0.2 pp |
| 2020 | 97.5% | ฿1.28 Billion | ฿31.39 Million | ฿1.69 Billion | ▲ +0.3 pp |
| 2019 | 97.3% | ฿1.24 Billion | ฿33.63 Million | ฿1.45 Billion | ▲ +0.4 pp |
| 2018 | 96.9% | ฿1.20 Billion | ฿37.20 Million | ฿1.42 Billion | ▲ +0.1 pp |
| 2017 | 96.8% | ฿1.12 Billion | ฿35.81 Million | ฿1.48 Billion | ▼ -0.6 pp |
| 2016 | 97.5% | ฿982.32 Million | ฿25.01 Million | ฿1.86 Billion | ▼ -0.7 pp |
| 2015 | 98.2% | ฿915.91 Million | ฿16.85 Million | ฿1.58 Billion | ▼ -0.5 pp |
| 2014 | 98.7% | ฿808.10 Million | ฿10.90 Million | ฿1.08 Billion | ▲ +0.2 pp |
| 2013 | 98.5% | ฿464.60 Million | ฿7.06 Million | ฿782.41 Million | ▲ +0.6 pp |
| 2012 | 97.9% | ฿362.30 Million | ฿7.58 Million | ฿745.58 Million | ▲ +1.5 pp |
| 2011 | 96.4% | ฿276.08 Million | ฿9.83 Million | ฿693.39 Million | — |