Tata Steel Limited (TTST) — Tangible Net Worth Ratio
Tata Steel Limited (TTST) has a Tangible Net Worth Ratio of 97.7% as of March 2026. This metric is calculated by deducting intangible assets ($23.42 Billion) from net assets ($1.04 Trillion) 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 TTST net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tata Steel Limited Tangible Net Worth Ratio (2018–2026)
This chart shows how Tata Steel Limited's Tangible Net Worth Ratio has changed across 9 annual periods from 2018 to 2026. As of March 2026, the ratio stands at 97.7%, reflecting net assets of $1.04 Trillion with intangible assets of $23.42 Billion USD. For live market cap and overall valuation, see TTST company net worth.
Annual Tangible Net Worth Ratio for Tata Steel Limited (2018–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Tata Steel Limited from 2018 to 2026, covering 9 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 reinvestment intensity of Tata Steel Limited to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 97.7% | $1.04 Trillion | $23.42 Billion | $3.01 Trillion | ▼ -0.6 pp |
| 2025 | 98.3% | $913.53 Billion | $15.39 Billion | $2.79 Trillion | ▼ -0.1 pp |
| 2024 | 98.4% | $924.33 Billion | $14.39 Billion | $2.73 Trillion | ▲ +11.8 pp |
| 2023 | 86.7% | $1.05 Trillion | $140.06 Billion | $2.88 Trillion | ▼ -8.8 pp |
| 2022 | 95.5% | $1.17 Trillion | $52.90 Billion | $2.85 Trillion | ▼ -1.9 pp |
| 2021 | 97.3% | $775.08 Billion | $20.55 Billion | $2.45 Trillion | ▼ -0.5 pp |
| 2020 | 97.9% | $761.63 Billion | $16.11 Billion | $2.50 Trillion | ▼ 0.0 pp |
| 2019 | 97.9% | $712.90 Billion | $14.95 Billion | $2.34 Trillion | ▼ -0.7 pp |
| 2018 | 98.6% | $618.07 Billion | $8.49 Billion | $2.10 Trillion | — |