Formet Celik Kapi Sanayi ve Ticaret AS (FORMT) — Tangible Net Worth Ratio

Latest as of June 2025: 99.2%

Formet Celik Kapi Sanayi ve Ticaret AS (FORMT) has a Tangible Net Worth Ratio of 99.2% as of June 2025. This metric is calculated by deducting intangible assets (TL14.43 Million) from net assets (TL1.90 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 what is Formet Celik Kapi Sanayi ve Ticaret AS's book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

99.2%
Tangible equity / total equity

Net Assets (Equity)

TL1.90 Billion
TRY

Intangible Assets

TL14.43 Million
Goodwill, patents, brand value

Total Assets

TL2.61 Billion
TRY

Formet Celik Kapi Sanayi ve Ticaret AS Tangible Net Worth Ratio (2017–2024)

This chart shows how Formet Celik Kapi Sanayi ve Ticaret AS's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at 99.2%, reflecting net assets of TL1.90 Billion with intangible assets of TL14.43 Million TRY. Also explore Formet Celik Kapi Sanayi ve Ticaret AS net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Formet Celik Kapi Sanayi ve Ticaret AS (2017–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Formet Celik Kapi Sanayi ve Ticaret AS from 2017 to 2024, covering 8 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 FORMT company net worth.

Year Tangible NW Ratio Net Assets (TRY) Intangible Assets Total Assets Change (pp)
2024 98.7% TL1.14 Billion TL14.52 Million TL1.92 Billion ▲ +0.1 pp
2023 98.6% TL1.33 Billion TL18.60 Million TL1.91 Billion ▼ -1.4 pp
2022 100.0% TL421.73 Million TL163.28K TL702.92 Million ▲ +0.0 pp
2021 100.0% TL228.09 Million TL111.78K TL347.57 Million ▲ +4.1 pp
2020 95.8% TL59.89 Million TL2.50 Million TL186.40 Million ▲ +0.7 pp
2019 95.2% TL58.14 Million TL2.81 Million TL148.81 Million ▲ +0.5 pp
2018 94.7% TL77.65 Million TL4.14 Million TL162.19 Million ▼ -5.3 pp
2017 100.0% TL25.86 Million TL0.00 TL124.96 Million
pp = percentage points