Pinar Su Sanayi ve Ticaret AS (PINSU) — Tangible Net Worth Ratio
Pinar Su Sanayi ve Ticaret AS (PINSU) has a Tangible Net Worth Ratio of 97.6% as of September 2025. This metric is calculated by deducting intangible assets (TL57.26 Million) from net assets (TL2.37 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. Also explore Pinar Su Sanayi ve Ticaret AS equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Pinar Su Sanayi ve Ticaret AS Tangible Net Worth Ratio (2002–2024)
This chart shows how Pinar Su Sanayi ve Ticaret AS's Tangible Net Worth Ratio has changed across 23 annual periods from 2002 to 2024. As of September 2025, the ratio stands at 97.6%, reflecting net assets of TL2.37 Billion with intangible assets of TL57.26 Million TRY. For live market cap and overall valuation, see Pinar Su Sanayi ve Ticaret AS stock valuation.
Annual Tangible Net Worth Ratio for Pinar Su Sanayi ve Ticaret AS (2002–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Pinar Su Sanayi ve Ticaret AS from 2002 to 2024, covering 23 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 Pinar Su Sanayi ve Ticaret AS capital reinvestment 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 | 98.0% | TL1.88 Billion | TL38.23 Million | TL2.98 Billion | ▼ -0.4 pp |
| 2023 | 98.4% | TL1.62 Billion | TL26.36 Million | TL2.70 Billion | ▼ -0.4 pp |
| 2022 | 98.7% | TL362.95 Million | TL4.62 Million | TL976.58 Million | ▲ +0.7 pp |
| 2021 | 98.0% | TL227.00 Million | TL4.51 Million | TL666.93 Million | ▲ +3.5 pp |
| 2020 | 94.5% | TL83.84 Million | TL4.58 Million | TL425.28 Million | ▲ +3.2 pp |
| 2019 | 91.4% | TL51.69 Million | TL4.46 Million | TL325.28 Million | ▼ -2.4 pp |
| 2018 | 93.7% | TL64.50 Million | TL4.04 Million | TL293.63 Million | ▼ -1.7 pp |
| 2017 | 95.4% | TL63.99 Million | TL2.94 Million | TL246.96 Million | ▼ -1.5 pp |
| 2016 | 97.0% | TL63.99 Million | TL1.95 Million | TL205.91 Million | ▼ -2.6 pp |
| 2015 | 99.5% | TL53.75 Million | TL249.99K | TL149.57 Million | ▼ 0.0 pp |
| 2014 | 99.6% | TL58.94 Million | TL253.00K | TL122.18 Million | ▼ -0.1 pp |
| 2013 | 99.7% | TL72.93 Million | TL229.00K | TL129.91 Million | ▼ -0.1 pp |
| 2012 | 99.8% | TL78.15 Million | TL132.00K | TL119.12 Million | ▲ +0.2 pp |
| 2011 | 99.7% | TL73.40 Million | TL236.00K | TL102.93 Million | ▼ -0.1 pp |
| 2010 | 99.8% | TL72.72 Million | TL128.00K | TL95.83 Million | ▼ -0.2 pp |
| 2009 | 100.0% | TL70.22 Million | TL13.00K | TL88.68 Million | ▲ +0.0 pp |
| 2008 | 100.0% | TL61.33 Million | TL16.00K | TL84.00 Million | ▲ +0.0 pp |
| 2007 | 100.0% | TL56.43 Million | TL27.00K | TL75.24 Million | ▲ +0.1 pp |
| 2006 | 99.8% | TL48.84 Million | TL84.00K | TL61.63 Million | ▲ +0.2 pp |
| 2005 | 99.6% | TL39.61 Million | TL167.00K | TL65.50 Million | ▲ +0.4 pp |
| 2004 | 99.2% | TL31.23 Million | TL260.00K | TL56.87 Million | ▲ +0.8 pp |
| 2003 | 98.4% | TL27.93 Million | TL445.00K | TL54.70 Million | ▲ +0.1 pp |
| 2002 | 98.3% | TL27.06 Trillion | TL449.73 Billion | TL49.55 Trillion | — |