Mercan Kimya Sanayi ve Ticaret AS (MERCN) — Tangible Net Worth Ratio
Mercan Kimya Sanayi ve Ticaret AS (MERCN) has a Tangible Net Worth Ratio of 95.6% as of September 2025. This metric is calculated by deducting intangible assets (TL97.45 Million) from net assets (TL2.24 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 how liquid is Mercan Kimya Sanayi ve Ticaret AS's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Mercan Kimya Sanayi ve Ticaret AS Tangible Net Worth Ratio (2018–2024)
This chart shows how Mercan Kimya Sanayi ve Ticaret AS's Tangible Net Worth Ratio has changed across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 95.6%, reflecting net assets of TL2.24 Billion with intangible assets of TL97.45 Million TRY. See defensive interval ratio of Mercan Kimya Sanayi ve Ticaret AS to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Mercan Kimya Sanayi ve Ticaret AS (2018–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Mercan Kimya Sanayi ve Ticaret AS from 2018 to 2024, covering 7 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 MERCN market cap.
| Year | Tangible NW Ratio | Net Assets (TRY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.3% | TL1.79 Billion | TL66.22 Million | TL2.71 Billion | ▼ -0.9 pp |
| 2023 | 97.1% | TL1.31 Billion | TL37.35 Million | TL2.32 Billion | ▼ -1.8 pp |
| 2022 | 98.9% | TL671.77 Million | TL7.12 Million | TL1.19 Billion | ▲ +0.2 pp |
| 2021 | 98.7% | TL357.87 Million | TL4.55 Million | TL668.68 Million | ▲ +4.3 pp |
| 2020 | 94.4% | TL74.03 Million | TL4.13 Million | TL282.47 Million | ▲ +38.7 pp |
| 2019 | 55.7% | TL46.72 Million | TL20.71 Million | TL198.17 Million | ▲ +44.1 pp |
| 2018 | 11.5% | TL24.40 Million | TL21.59 Million | TL215.35 Million | — |