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. See GLBMD 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
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. See defensive interval ratio of Global Menkul Degerler AS to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see how much is Global Menkul Degerler AS worth.
| 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 | — |