Alfas Solar Enerji Sanayi ve Ticaret A.S. (ALFAS) — Tangible Net Worth Ratio
Alfas Solar Enerji Sanayi ve Ticaret A.S. (ALFAS) has a Tangible Net Worth Ratio of 96.8% as of September 2025. This metric is calculated by deducting intangible assets (TL167.95 Million) from net assets (TL5.32 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 ALFAS 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
Alfas Solar Enerji Sanayi ve Ticaret A.S. Tangible Net Worth Ratio (2020–2024)
This chart shows how Alfas Solar Enerji Sanayi ve Ticaret A.S.'s Tangible Net Worth Ratio has changed across 5 annual periods from 2020 to 2024. As of September 2025, the ratio stands at 96.8%, reflecting net assets of TL5.32 Billion with intangible assets of TL167.95 Million TRY. See Alfas Solar Enerji Sanayi ve Ticaret A.S (ALFAS) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Alfas Solar Enerji Sanayi ve Ticaret A.S. (2020–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Alfas Solar Enerji Sanayi ve Ticaret A.S. from 2020 to 2024, covering 5 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 Alfas Solar Enerji Sanayi ve Ticaret A.S.
| Year | Tangible NW Ratio | Net Assets (TRY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.5% | TL3.80 Billion | TL93.60 Million | TL7.24 Billion | ▼ -2.5 pp |
| 2023 | 100.0% | TL3.95 Billion | TL0.00 | TL7.33 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | TL1.67 Billion | TL0.00 | TL3.42 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | TL108.83 Million | TL0.00 | TL440.61 Million | ▲ +0.0 pp |
| 2020 | 100.0% | TL57.91 Million | TL0.00 | TL181.54 Million | — |