Alfas Solar Enerji Sanayi ve Ticaret A.S. (ALFAS) — Tangible Net Worth Ratio

Latest as of September 2025: 96.8%

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. Also explore Alfas Solar Enerji Sanayi ve Ticaret A.S (ALFAS) equity growth momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

96.8%
Tangible equity / total equity

Net Assets (Equity)

TL5.32 Billion
TRY

Intangible Assets

TL167.95 Million
Goodwill, patents, brand value

Total Assets

TL11.80 Billion
TRY

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. For live market cap and overall valuation, see ALFAS market cap overview.

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. Explore Alfas Solar Enerji Sanayi ve Ticaret A.S capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

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
pp = percentage points