Forza Land Indonesia Tbk PT (FORZ) — Tangible Net Worth Ratio
Forza Land Indonesia Tbk PT (FORZ) has a Tangible Net Worth Ratio of 100.0% as of September 2020. This metric is calculated by deducting intangible assets (Rp0.00) from net assets (Rp291.53 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 FORZ shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Forza Land Indonesia Tbk PT Tangible Net Worth Ratio (2016–2019)
This chart shows how Forza Land Indonesia Tbk PT's Tangible Net Worth Ratio has changed across 4 annual periods from 2016 to 2019. As of September 2020, the ratio stands at 100.0%, reflecting net assets of Rp291.53 Billion with intangible assets of Rp0.00 IDR. For live market cap and overall valuation, see how much is Forza Land Indonesia Tbk PT worth.
Annual Tangible Net Worth Ratio for Forza Land Indonesia Tbk PT (2016–2019)
The table below presents the year-by-year Tangible Net Worth Ratio for Forza Land Indonesia Tbk PT from 2016 to 2019, covering 4 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 how much does Forza Land Indonesia Tbk PT reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (IDR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | 98.6% | Rp285.83 Billion | Rp4.08 Billion | Rp725.63 Billion | ▼ -1.4 pp |
| 2018 | 100.0% | Rp281.45 Billion | Rp0.00 | Rp708.09 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | Rp175.85 Billion | Rp0.00 | Rp616.11 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | Rp174.70 Billion | Rp0.00 | Rp490.89 Billion | — |