Multistrada Arah Sarana Tbk (MASA) — Tangible Net Worth Ratio
Multistrada Arah Sarana Tbk (MASA) has a Tangible Net Worth Ratio of 99.8% as of June 2025. This metric is calculated by deducting intangible assets (Rp847.12K) from net assets (Rp396.43 Million) 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 MASA 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
Multistrada Arah Sarana Tbk Tangible Net Worth Ratio (2004–2024)
This chart shows how Multistrada Arah Sarana Tbk's Tangible Net Worth Ratio has changed across 21 annual periods from 2004 to 2024. As of June 2025, the ratio stands at 99.8%, reflecting net assets of Rp396.43 Million with intangible assets of Rp847.12K IDR. See Multistrada Arah Sarana Tbk defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Multistrada Arah Sarana Tbk (2004–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Multistrada Arah Sarana Tbk from 2004 to 2024, covering 21 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 Multistrada Arah Sarana Tbk (MASA) total market value.
| Year | Tangible NW Ratio | Net Assets (IDR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.8% | Rp394.94 Million | Rp856.51K | Rp479.47 Million | ▲ +0.0 pp |
| 2023 | 99.8% | Rp381.00 Million | Rp931.36K | Rp523.56 Million | ▲ +0.1 pp |
| 2022 | 99.6% | Rp324.83 Million | Rp1.25 Million | Rp462.93 Million | ▼ -0.1 pp |
| 2021 | 99.7% | Rp278.14 Million | Rp832.21K | Rp536.37 Million | ▼ -0.3 pp |
| 2020 | 100.0% | Rp227.26 Million | Rp0.00 | Rp447.16 Million | ▲ +0.2 pp |
| 2019 | 99.8% | Rp195.39 Million | Rp424.75K | Rp451.10 Million | ▲ +0.0 pp |
| 2018 | 99.8% | Rp317.90 Million | Rp737.16K | Rp643.36 Million | ▼ -0.2 pp |
| 2017 | 100.0% | Rp336.99 Million | Rp0.00 | Rp657.61 Million | ▲ +0.0 pp |
| 2016 | 100.0% | Rp338.97 Million | Rp0.00 | Rp609.75 Million | ▲ +0.1 pp |
| 2015 | 99.9% | Rp345.45 Million | Rp330.00K | Rp598.43 Million | ▲ +0.2 pp |
| 2014 | 99.7% | Rp374.87 Million | Rp1.12 Million | Rp625.20 Million | ▼ -0.2 pp |
| 2013 | 99.9% | Rp375.28 Million | Rp432.00K | Rp629.07 Million | ▲ +0.0 pp |
| 2012 | 99.9% | Rp371.98 Million | Rp544.00K | Rp624.49 Million | ▼ -0.1 pp |
| 2011 | 100.0% | Rp195.08 Million | Rp0.00 | Rp522.89 Million | ▲ +0.0 pp |
| 2010 | 100.0% | Rp178.72 Million | Rp0.00 | Rp333.31 Million | ▲ +0.0 pp |
| 2009 | 100.0% | Rp154.87 Million | Rp0.00 | Rp269.07 Million | ▲ +0.0 pp |
| 2008 | 100.0% | Rp116.27 Million | Rp0.00 | Rp215.30 Million | ▲ +0.0 pp |
| 2007 | 100.0% | Rp137.13 Million | Rp0.00 | Rp191.56 Million | ▲ +0.0 pp |
| 2006 | 100.0% | Rp721.62 Billion | Rp0.00 | Rp1.43 Trillion | ▲ +0.0 pp |
| 2005 | 100.0% | Rp556.27 Billion | Rp0.00 | Rp1.08 Trillion | ▲ +0.0 pp |
| 2004 | 100.0% | Rp316.89 Billion | Rp0.00 | Rp794.26 Billion | — |