The Siam Cement Public Company Limited (TCM1) — Tangible Net Worth Ratio

Latest as of December 2025: 95.3%

The Siam Cement Public Company Limited (TCM1) has a Tangible Net Worth Ratio of 95.3% as of December 2025. This metric is calculated by deducting intangible assets (€18.67 Billion) from net assets (€396.84 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 TCM1 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

95.3%
Tangible equity / total equity

Net Assets (Equity)

€396.84 Billion
EUR

Intangible Assets

€18.67 Billion
Goodwill, patents, brand value

Total Assets

€821.59 Billion
EUR

The Siam Cement Public Company Limited Tangible Net Worth Ratio (2015–2025)

This chart shows how The Siam Cement Public Company Limited's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 95.3%, reflecting net assets of €396.84 Billion with intangible assets of €18.67 Billion EUR. See how many days can The Siam Cement Public Company Limited fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for The Siam Cement Public Company Limited (2015–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for The Siam Cement Public Company Limited from 2015 to 2025, 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 The Siam Cement Public Company Limited.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 95.3% €396.84 Billion €18.67 Billion €821.59 Billion ▲ +0.2 pp
2024 95.1% €419.78 Billion €20.71 Billion €861.50 Billion ▲ +0.1 pp
2023 94.9% €441.60 Billion €22.34 Billion €893.60 Billion ▼ 0.0 pp
2022 95.0% €452.42 Billion €22.69 Billion €906.49 Billion ▼ -5.0 pp
2021 100.0% €450.01 Billion €-9.05 Million €861.10 Billion ▲ +2.8 pp
2020 97.2% €396.13 Billion €11.01 Billion €749.38 Billion ▲ +0.8 pp
2019 96.4% €327.74 Billion €11.75 Billion €634.73 Billion ▼ -0.1 pp
2018 96.5% €317.87 Billion €11.18 Billion €589.79 Billion ▲ +0.3 pp
2017 96.2% €301.82 Billion €11.40 Billion €573.41 Billion ▼ -0.7 pp
2016 96.9% €281.62 Billion €8.76 Billion €539.69 Billion ▼ -0.3 pp
2015 97.2% €243.01 Billion €6.90 Billion €509.98 Billion
pp = percentage points