Global Menkul Degerler AS (GLBMD) — Tangible Net Worth Ratio
Global Menkul Degerler AS (GLBMD) has a Tangible Net Worth Ratio of 96.6% as of September 2025. This metric is calculated by deducting intangible assets (TL19.27 Million) from net assets (TL574.79 Million) 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 net asset momentum of Global Menkul Degerler AS to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Global Menkul Degerler AS Tangible Net Worth Ratio (2009–2024)
This chart shows how Global Menkul Degerler AS's Tangible Net Worth Ratio has changed across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 96.6%, reflecting net assets of TL574.79 Million with intangible assets of TL19.27 Million TRY. For live market cap and overall valuation, see market value of Global Menkul Degerler AS.
Annual Tangible Net Worth Ratio for Global Menkul Degerler AS (2009–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Global Menkul Degerler AS from 2009 to 2024, covering 16 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 GLBMD capex to operating 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 | 98.4% | TL490.95 Million | TL7.82 Million | TL2.38 Billion | ▼ -0.6 pp |
| 2023 | 99.0% | TL478.60 Million | TL4.88 Million | TL2.69 Billion | ▲ +1.2 pp |
| 2022 | 97.8% | TL115.89 Million | TL2.57 Million | TL1.27 Billion | ▲ +1.3 pp |
| 2021 | 96.5% | TL64.40 Million | TL2.27 Million | TL604.70 Million | ▼ -1.2 pp |
| 2020 | 97.7% | TL68.82 Million | TL1.61 Million | TL417.81 Million | ▲ +0.9 pp |
| 2019 | 96.8% | TL48.14 Million | TL1.54 Million | TL305.10 Million | ▼ -1.6 pp |
| 2018 | 98.4% | TL46.94 Million | TL728.68K | TL177.62 Million | ▼ -0.8 pp |
| 2017 | 99.2% | TL43.19 Million | TL328.72K | TL124.73 Million | ▼ -0.4 pp |
| 2016 | 99.6% | TL37.27 Million | TL137.21K | TL110.76 Million | ▲ +3.8 pp |
| 2015 | 95.8% | TL44.99 Million | TL1.89 Million | TL124.86 Million | ▼ -4.2 pp |
| 2014 | 100.0% | TL50.63 Million | TL24.00K | TL130.70 Million | ▲ +0.0 pp |
| 2013 | 99.9% | TL51.56 Million | TL34.00K | TL102.23 Million | ▼ -0.1 pp |
| 2012 | 100.0% | TL51.97 Million | TL8.00K | TL110.61 Million | ▲ +0.0 pp |
| 2011 | 100.0% | TL52.69 Million | TL9.00K | TL85.92 Million | ▲ +0.1 pp |
| 2010 | 99.9% | TL35.61 Million | TL28.00K | TL74.24 Million | ▲ +0.1 pp |
| 2009 | 99.8% | TL33.05 Million | TL64.00K | TL63.02 Million | — |