Bangkok Expressway and Metro PCL F (B4X) — Tangible Net Worth Ratio

Latest as of March 2026: -141.4%

Bangkok Expressway and Metro PCL F (B4X) has a Tangible Net Worth Ratio of -141.4% as of March 2026. This metric is calculated by deducting intangible assets (€91.57 Billion) from net assets (€37.93 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. Also explore Bangkok Expressway and Metro PCL F annual equity growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

-141.4%
Tangible equity / total equity

Net Assets (Equity)

€37.93 Billion
EUR

Intangible Assets

€91.57 Billion
Goodwill, patents, brand value

Total Assets

€170.93 Billion
EUR

Bangkok Expressway and Metro PCL F Tangible Net Worth Ratio (2016–2025)

This chart shows how Bangkok Expressway and Metro PCL F's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at -141.4%, reflecting net assets of €37.93 Billion with intangible assets of €91.57 Billion EUR. For live market cap and overall valuation, see Bangkok Expressway and Metro PCL F (B4X) market capitalisation.

Annual Tangible Net Worth Ratio for Bangkok Expressway and Metro PCL F (2016–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Bangkok Expressway and Metro PCL F from 2016 to 2025, covering 10 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. Explore Bangkok Expressway and Metro PCL F capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 -146.9% €37.00 Billion €91.35 Billion €160.51 Billion ▼ -19.2 pp
2024 -127.7% €36.56 Billion €83.23 Billion €132.77 Billion ▼ -23.2 pp
2023 -104.5% €37.66 Billion €77.01 Billion €112.50 Billion ▲ +4.3 pp
2022 -108.8% €37.26 Billion €77.80 Billion €114.13 Billion ▼ -1.8 pp
2021 -106.9% €37.70 Billion €78.01 Billion €115.09 Billion ▼ -4.2 pp
2020 -102.7% €38.03 Billion €77.11 Billion €113.62 Billion ▼ -8.6 pp
2019 -94.1% €38.82 Billion €75.37 Billion €111.70 Billion ▲ +7.2 pp
2018 -101.3% €35.61 Billion €71.70 Billion €103.83 Billion ▲ +9.9 pp
2017 -111.2% €31.18 Billion €65.86 Billion €98.92 Billion ▼ -9.0 pp
2016 -102.2% €29.78 Billion €60.23 Billion €82.79 Billion
pp = percentage points