Smartiks Yazilim AS (SMART) — Tangible Net Worth Ratio

Latest as of March 2025: 15.3%

Smartiks Yazilim AS (SMART) has a Tangible Net Worth Ratio of 15.3% as of March 2025. This metric is calculated by deducting intangible assets (TL326.61 Million) from net assets (TL385.70 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 what is Smartiks Yazilim AS's book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

15.3%
Tangible equity / total equity

Net Assets (Equity)

TL385.70 Million
TRY

Intangible Assets

TL326.61 Million
Goodwill, patents, brand value

Total Assets

TL492.92 Million
TRY

Smartiks Yazilim AS Tangible Net Worth Ratio (2017–2024)

This chart shows how Smartiks Yazilim AS's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of March 2025, the ratio stands at 15.3%, reflecting net assets of TL385.70 Million with intangible assets of TL326.61 Million TRY. Also explore SMART shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Smartiks Yazilim AS (2017–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Smartiks Yazilim AS from 2017 to 2024, covering 8 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 Smartiks Yazilim AS (SMART) total market value.

Year Tangible NW Ratio Net Assets (TRY) Intangible Assets Total Assets Change (pp)
2024 19.3% TL346.23 Million TL279.52 Million TL447.58 Million ▼ -13.5 pp
2023 32.7% TL333.01 Million TL224.02 Million TL434.91 Million ▲ +16.1 pp
2022 16.6% TL75.38 Million TL62.85 Million TL115.52 Million ▼ -10.5 pp
2021 27.1% TL68.90 Million TL50.21 Million TL93.29 Million ▼ -6.1 pp
2020 33.3% TL65.21 Million TL43.53 Million TL81.32 Million ▼ -4.4 pp
2019 37.7% TL61.70 Million TL38.44 Million TL73.41 Million ▼ -62.3 pp
2018 100.0% TL27.61 Million TL0.00 TL43.69 Million ▲ +0.0 pp
2017 100.0% TL18.86 Million TL0.00 TL30.61 Million
pp = percentage points