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. See how liquid is Forza Land Indonesia Tbk PT's working capital to evaluate short-term liquidity relative to the company's equity base.
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. See operational self-sufficiency of Forza Land Indonesia Tbk PT to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see FORZ company net worth.
| 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 | — |