Vestel Beyaz Esya Sanayi ve Ticaret AS (VESBE) — Tangible Net Worth Ratio

Latest as of March 2025: 92.3%

Vestel Beyaz Esya Sanayi ve Ticaret AS (VESBE) has a Tangible Net Worth Ratio of 92.3% as of March 2025. This metric is calculated by deducting intangible assets (TL2.79 Billion) from net assets (TL36.01 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 Vestel Beyaz Esya Sanayi ve Ticaret AS short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

92.3%
Tangible equity / total equity

Net Assets (Equity)

TL36.01 Billion
TRY

Intangible Assets

TL2.79 Billion
Goodwill, patents, brand value

Total Assets

TL78.51 Billion
TRY

Vestel Beyaz Esya Sanayi ve Ticaret AS Tangible Net Worth Ratio (2003–2024)

This chart shows how Vestel Beyaz Esya Sanayi ve Ticaret AS's Tangible Net Worth Ratio has changed across 22 annual periods from 2003 to 2024. As of March 2025, the ratio stands at 92.3%, reflecting net assets of TL36.01 Billion with intangible assets of TL2.79 Billion TRY. See VESBE cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Vestel Beyaz Esya Sanayi ve Ticaret AS (2003–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Vestel Beyaz Esya Sanayi ve Ticaret 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 Vestel Beyaz Esya Sanayi ve Ticaret AS market cap and net worth.

Year Tangible NW Ratio Net Assets (TRY) Intangible Assets Total Assets Change (pp)
2024 92.9% TL33.84 Billion TL2.42 Billion TL71.57 Billion ▲ +9.0 pp
2023 83.9% TL8.58 Billion TL1.38 Billion TL50.91 Billion ▼ -9.6 pp
2022 93.5% TL6.32 Billion TL408.88 Million TL25.53 Billion ▼ -0.9 pp
2021 94.4% TL4.89 Billion TL271.95 Million TL14.19 Billion ▲ +0.9 pp
2020 93.6% TL3.36 Billion TL216.44 Million TL8.23 Billion ▲ +3.6 pp
2019 90.0% TL1.81 Billion TL180.51 Million TL4.98 Billion ▼ -1.9 pp
2018 91.9% TL1.81 Billion TL146.87 Million TL4.69 Billion ▲ +3.6 pp
2017 88.3% TL1.01 Billion TL118.21 Million TL3.03 Billion ▼ -1.1 pp
2016 89.5% TL919.93 Million TL97.03 Million TL2.29 Billion ▼ -9.7 pp
2015 99.1% TL714.27 Million TL6.41 Million TL1.72 Billion ▼ -0.1 pp
2014 99.2% TL662.56 Million TL5.19 Million TL1.55 Billion ▼ 0.0 pp
2013 99.2% TL540.80 Million TL4.12 Million TL1.35 Billion ▼ -0.1 pp
2012 99.4% TL491.26 Million TL3.05 Million TL1.32 Billion ▼ -0.3 pp
2011 99.7% TL509.75 Million TL1.49 Million TL1.23 Billion ▼ -0.1 pp
2010 99.8% TL512.01 Million TL880.00K TL968.90 Million ▼ -0.1 pp
2009 99.9% TL593.87 Million TL510.00K TL931.55 Million ▲ +0.0 pp
2008 99.9% TL482.95 Million TL438.00K TL852.35 Million ▼ 0.0 pp
2007 99.9% TL504.46 Million TL446.00K TL825.88 Million ▲ +0.1 pp
2006 99.9% TL455.03 Million TL658.00K TL836.32 Million ▲ +0.2 pp
2005 99.6% TL237.03 Million TL888.00K TL587.80 Million ▲ +0.0 pp
2004 99.6% TL187.37 Million TL757.00K TL479.02 Million ▲ +0.2 pp
2003 99.4% TL114.65 Million TL707.00K TL294.95 Million
pp = percentage points