Tri Banyan Tirta Tbk (ALTO) — Tangible Net Worth Ratio
Tri Banyan Tirta Tbk (ALTO) has a Tangible Net Worth Ratio of 100.0% as of September 2024. This metric is calculated by deducting intangible assets (Rp0.00) from net assets (Rp298.24 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 Tri Banyan Tirta Tbk working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tri Banyan Tirta Tbk Tangible Net Worth Ratio (2009–2023)
This chart shows how Tri Banyan Tirta Tbk's Tangible Net Worth Ratio has changed across 15 annual periods from 2009 to 2023. As of September 2024, the ratio stands at 100.0%, reflecting net assets of Rp298.24 Billion with intangible assets of Rp0.00 IDR. See ALTO cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Tri Banyan Tirta Tbk (2009–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Tri Banyan Tirta Tbk from 2009 to 2023, covering 15 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 ALTO market cap.
| Year | Tangible NW Ratio | Net Assets (IDR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | Rp323.77 Billion | Rp0.00 | Rp983.29 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | Rp348.92 Billion | Rp0.00 | Rp1.02 Trillion | ▲ +0.0 pp |
| 2021 | 100.0% | Rp363.84 Billion | Rp0.00 | Rp1.09 Trillion | ▲ +0.0 pp |
| 2020 | 100.0% | Rp372.88 Billion | Rp0.00 | Rp1.11 Trillion | ▲ +0.0 pp |
| 2019 | 100.0% | Rp380.73 Billion | Rp0.00 | Rp1.10 Trillion | ▲ +0.0 pp |
| 2018 | 100.0% | Rp387.13 Billion | Rp0.00 | Rp1.11 Trillion | ▲ +0.0 pp |
| 2017 | 100.0% | Rp419.28 Billion | Rp0.00 | Rp1.11 Trillion | ▲ +0.0 pp |
| 2016 | 100.0% | Rp480.84 Billion | Rp0.00 | Rp1.17 Trillion | ▲ +0.0 pp |
| 2015 | 100.0% | Rp506.97 Billion | Rp0.00 | Rp1.18 Trillion | ▲ +0.0 pp |
| 2014 | 100.0% | Rp531.14 Billion | Rp0.00 | Rp1.24 Trillion | ▲ +0.0 pp |
| 2013 | 100.0% | Rp542.33 Billion | Rp0.00 | Rp1.50 Trillion | ▲ +0.0 pp |
| 2012 | 100.0% | Rp338.02 Billion | Rp0.00 | Rp891.41 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | Rp112.31 Billion | Rp0.00 | Rp213.20 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | Rp81.46 Billion | Rp0.00 | Rp187.36 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | Rp35.91 Billion | Rp0.00 | Rp106.82 Billion | — |