Hurriyet Gazetecilik ve Matbaacilik AS (HURGZ) — Tangible Net Worth Ratio
Hurriyet Gazetecilik ve Matbaacilik AS (HURGZ) has a Tangible Net Worth Ratio of 98.4% as of September 2025. This metric is calculated by deducting intangible assets (TL37.03 Million) from net assets (TL2.30 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 HURGZ book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hurriyet Gazetecilik ve Matbaacilik AS Tangible Net Worth Ratio (2003–2024)
This chart shows how Hurriyet Gazetecilik ve Matbaacilik AS's Tangible Net Worth Ratio has changed across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 98.4%, reflecting net assets of TL2.30 Billion with intangible assets of TL37.03 Million TRY. Also explore HURGZ year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Hurriyet Gazetecilik ve Matbaacilik AS (2003–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Hurriyet Gazetecilik ve Matbaacilik 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. For the full company profile including market capitalisation, see HURGZ market cap overview.
| Year | Tangible NW Ratio | Net Assets (TRY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.7% | TL2.51 Billion | TL31.99 Million | TL4.40 Billion | ▼ -0.1 pp |
| 2023 | 98.9% | TL3.58 Billion | TL40.60 Million | TL5.20 Billion | ▼ -0.4 pp |
| 2022 | 99.2% | TL1.84 Billion | TL13.80 Million | TL2.78 Billion | ▲ +0.8 pp |
| 2021 | 98.5% | TL883.66 Million | TL13.60 Million | TL1.33 Billion | ▲ +0.3 pp |
| 2020 | 98.2% | TL639.55 Million | TL11.45 Million | TL964.76 Million | ▲ +0.2 pp |
| 2019 | 98.0% | TL654.58 Million | TL13.09 Million | TL896.91 Million | ▼ -0.1 pp |
| 2018 | 98.1% | TL640.16 Million | TL11.95 Million | TL874.17 Million | ▲ +4.2 pp |
| 2017 | 94.0% | TL303.11 Million | TL18.28 Million | TL769.13 Million | ▲ +60.5 pp |
| 2016 | 33.5% | TL416.59 Million | TL277.20 Million | TL933.68 Million | ▲ +7.9 pp |
| 2015 | 25.5% | TL353.22 Million | TL263.05 Million | TL873.35 Million | ▲ +2.4 pp |
| 2014 | 23.1% | TL427.19 Million | TL328.45 Million | TL934.98 Million | ▲ +13.6 pp |
| 2013 | 9.5% | TL723.14 Million | TL654.41 Million | TL1.44 Billion | ▼ -3.8 pp |
| 2012 | 13.4% | TL747.67 Million | TL647.85 Million | TL1.55 Billion | ▲ +28.5 pp |
| 2011 | -15.2% | TL595.18 Million | TL685.53 Million | TL1.64 Billion | ▼ -23.5 pp |
| 2010 | 8.3% | TL773.03 Million | TL708.85 Million | TL1.58 Billion | ▼ -7.9 pp |
| 2009 | 16.2% | TL917.65 Million | TL768.58 Million | TL1.85 Billion | ▲ +8.5 pp |
| 2008 | 7.7% | TL886.20 Million | TL817.64 Million | TL2.04 Billion | ▲ +0.8 pp |
| 2007 | 6.9% | TL853.83 Million | TL794.77 Million | TL1.82 Billion | ▼ -91.3 pp |
| 2006 | 98.2% | TL702.79 Million | TL12.51 Million | TL969.37 Million | ▼ 0.0 pp |
| 2005 | 98.2% | TL673.30 Million | TL11.93 Million | TL935.60 Million | ▲ +0.2 pp |
| 2004 | 98.0% | TL599.41 Million | TL12.09 Million | TL837.87 Million | ▼ 0.0 pp |
| 2003 | 98.0% | TL523.09 Trillion | TL10.36 Trillion | TL718.76 Trillion | — |