Akfen Yenilenebilir Enerji A.S. (AKFYE) — Tangible Net Worth Ratio
Akfen Yenilenebilir Enerji A.S. (AKFYE) has a Tangible Net Worth Ratio of 89.3% as of September 2024. This metric is calculated by deducting intangible assets (TL3.24 Billion) from net assets (TL30.42 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 Akfen Yenilenebilir Enerji A.S. (AKFYE) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Akfen Yenilenebilir Enerji A.S. Tangible Net Worth Ratio (2020–2023)
This chart shows how Akfen Yenilenebilir Enerji A.S.'s Tangible Net Worth Ratio has changed across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at 89.3%, reflecting net assets of TL30.42 Billion with intangible assets of TL3.24 Billion TRY. See AKFYE cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Akfen Yenilenebilir Enerji A.S. (2020–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Akfen Yenilenebilir Enerji A.S. from 2020 to 2023, covering 4 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 cap of Akfen Yenilenebilir Enerji A.S..
| Year | Tangible NW Ratio | Net Assets (TRY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 88.1% | TL20.43 Billion | TL2.44 Billion | TL34.58 Billion | ▲ +4.5 pp |
| 2022 | 83.6% | TL15.26 Billion | TL2.50 Billion | TL33.71 Billion | ▼ -8.4 pp |
| 2021 | 92.0% | TL5.50 Billion | TL440.83 Million | TL14.57 Billion | ▲ +8.3 pp |
| 2020 | 83.6% | TL2.76 Billion | TL451.93 Million | TL8.43 Billion | — |