Borusan Mannesmann Boru Sanayi ve Ticaret AS (BRSAN) — Tangible Net Worth Ratio
Borusan Mannesmann Boru Sanayi ve Ticaret AS (BRSAN) has a Tangible Net Worth Ratio of 96.8% as of September 2025. This metric is calculated by deducting intangible assets (TL1.20 Billion) from net assets (TL36.97 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 Borusan Mannesmann Boru Sanayi ve Ticare annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Borusan Mannesmann Boru Sanayi ve Ticaret AS Tangible Net Worth Ratio (2003–2024)
This chart shows how Borusan Mannesmann Boru Sanayi ve Ticaret AS's Tangible Net Worth Ratio has changed across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 96.8%, reflecting net assets of TL36.97 Billion with intangible assets of TL1.20 Billion TRY. For live market cap and overall valuation, see Borusan Mannesmann Boru Sanayi ve Ticare (BRSAN) total market value.
Annual Tangible Net Worth Ratio for Borusan Mannesmann Boru Sanayi ve Ticaret AS (2003–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Borusan Mannesmann Boru Sanayi ve Ticaret AS from 2003 to 2024, covering 22 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 Borusan Mannesmann Boru Sanayi ve Ticare capex to cash flow 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 | 99.3% | TL30.10 Billion | TL222.89 Million | TL55.44 Billion | ▼ -0.4 pp |
| 2023 | 99.7% | TL24.95 Billion | TL82.71 Million | TL55.92 Billion | ▼ 0.0 pp |
| 2022 | 99.7% | TL11.86 Billion | TL37.67 Million | TL27.60 Billion | ▲ +0.1 pp |
| 2021 | 99.6% | TL6.65 Billion | TL24.55 Million | TL16.48 Billion | ▼ 0.0 pp |
| 2020 | 99.6% | TL3.55 Billion | TL12.64 Million | TL8.04 Billion | ▼ -0.1 pp |
| 2019 | 99.7% | TL2.89 Billion | TL7.46 Million | TL6.93 Billion | ▼ 0.0 pp |
| 2018 | 99.8% | TL2.77 Billion | TL5.92 Million | TL6.82 Billion | ▼ 0.0 pp |
| 2017 | 99.8% | TL1.83 Billion | TL3.19 Million | TL4.16 Billion | ▲ +0.0 pp |
| 2016 | 99.8% | TL1.60 Billion | TL3.08 Million | TL3.54 Billion | ▼ 0.0 pp |
| 2015 | 99.8% | TL1.25 Billion | TL2.23 Million | TL3.15 Billion | ▲ +0.1 pp |
| 2014 | 99.7% | TL998.35 Million | TL2.74 Million | TL2.68 Billion | ▲ +0.1 pp |
| 2013 | 99.6% | TL721.16 Million | TL2.61 Million | TL2.00 Billion | ▼ -0.1 pp |
| 2012 | 99.7% | TL618.94 Million | TL1.68 Million | TL1.46 Billion | ▼ -0.1 pp |
| 2011 | 99.8% | TL657.48 Million | TL1.31 Million | TL1.47 Billion | ▲ +0.1 pp |
| 2010 | 99.7% | TL316.73 Million | TL808.00K | TL648.57 Million | ▲ +0.0 pp |
| 2009 | 99.7% | TL329.99 Million | TL946.00K | TL616.62 Million | ▲ +0.2 pp |
| 2008 | 99.5% | TL224.80 Million | TL1.09 Million | TL817.18 Million | ▼ -0.1 pp |
| 2007 | 99.6% | TL198.12 Million | TL766.00K | TL506.94 Million | ▲ +0.1 pp |
| 2006 | 99.5% | TL184.82 Million | TL892.00K | TL366.58 Million | ▲ +0.2 pp |
| 2005 | 99.4% | TL169.39 Million | TL1.07 Million | TL290.30 Million | ▼ -0.2 pp |
| 2004 | 99.6% | TL236.83 Million | TL1.03 Million | TL384.27 Million | ▲ +0.3 pp |
| 2003 | 99.3% | TL154.24 Trillion | TL1.10 Trillion | TL263.71 Trillion | — |