Turk Tuborg Bira ve Malt Sanayi AS (TBORG) — Tangible Net Worth Ratio
Turk Tuborg Bira ve Malt Sanayi AS (TBORG) has a Tangible Net Worth Ratio of 96.7% as of December 2025. This metric is calculated by deducting intangible assets (TL769.14 Million) from net assets (TL23.59 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 TBORG current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Turk Tuborg Bira ve Malt Sanayi AS Tangible Net Worth Ratio (2000–2025)
This chart shows how Turk Tuborg Bira ve Malt Sanayi AS's Tangible Net Worth Ratio has changed across 24 annual periods from 2000 to 2025. As of December 2025, the ratio stands at 96.7%, reflecting net assets of TL23.59 Billion with intangible assets of TL769.14 Million TRY. See defensive interval ratio of Turk Tuborg Bira ve Malt Sanayi AS to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Turk Tuborg Bira ve Malt Sanayi AS (2000–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Turk Tuborg Bira ve Malt Sanayi AS from 2000 to 2025, covering 24 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 Turk Tuborg Bira ve Malt Sanayi AS market capitalisation.
| Year | Tangible NW Ratio | Net Assets (TRY) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.7% | TL23.59 Billion | TL769.14 Million | TL47.33 Billion | ▼ -2.6 pp |
| 2024 | 99.4% | TL22.96 Billion | TL147.07 Million | TL38.24 Billion | ▼ 0.0 pp |
| 2023 | 99.4% | TL14.82 Billion | TL91.53 Million | TL27.84 Billion | ▼ 0.0 pp |
| 2022 | 99.4% | TL4.14 Billion | TL24.12 Million | TL8.76 Billion | ▼ -0.1 pp |
| 2021 | 99.5% | TL2.93 Billion | TL14.75 Million | TL4.77 Billion | ▲ +0.2 pp |
| 2020 | 99.3% | TL1.83 Billion | TL12.65 Million | TL3.46 Billion | ▲ +0.1 pp |
| 2019 | 99.2% | TL1.31 Billion | TL9.93 Million | TL2.54 Billion | ▼ -0.2 pp |
| 2018 | 99.5% | TL1.41 Billion | TL7.55 Million | TL2.34 Billion | ▲ +0.1 pp |
| 2017 | 99.4% | TL1.04 Billion | TL6.45 Million | TL1.66 Billion | ▲ +0.0 pp |
| 2016 | 99.4% | TL747.04 Million | TL4.78 Million | TL1.29 Billion | ▲ +0.3 pp |
| 2015 | 99.1% | TL509.50 Million | TL4.80 Million | TL911.39 Million | ▼ -0.5 pp |
| 2014 | 99.5% | TL353.43 Million | TL1.67 Million | TL657.14 Million | ▼ -0.3 pp |
| 2013 | 99.9% | TL233.30 Million | TL331.00K | TL456.84 Million | ▲ +0.4 pp |
| 2012 | 99.5% | TL149.78 Million | TL743.00K | TL335.30 Million | ▲ +0.5 pp |
| 2011 | 99.0% | TL99.57 Million | TL977.00K | TL267.68 Million | ▲ +0.3 pp |
| 2010 | 98.8% | TL108.02 Million | TL1.33 Million | TL218.82 Million | ▼ -0.6 pp |
| 2009 | 99.3% | TL113.77 Million | TL765.00K | TL188.24 Million | ▲ +0.2 pp |
| 2008 | 99.2% | TL78.55 Million | TL663.00K | TL202.04 Million | ▲ +10.4 pp |
| 2007 | 88.7% | TL10.78 Million | TL1.21 Million | TL213.28 Million | ▼ -8.0 pp |
| 2005 | 96.7% | TL62.75 Million | TL2.08 Million | TL217.00 Million | ▼ -1.2 pp |
| 2004 | 97.9% | TL142.74 Million | TL3.01 Million | TL273.87 Million | ▼ 0.0 pp |
| 2003 | 97.9% | TL181.93 Million | TL3.81 Million | TL346.98 Million | ▼ -0.5 pp |
| 2002 | 98.4% | TL19.32 Trillion | TL310.00 Billion | TL285.94 Trillion | ▼ -1.3 pp |
| 2000 | 99.7% | TL15.12 Trillion | TL50.12 Billion | TL36.60 Trillion | — |