Indosterling Technomedia Tbk (TECH) — Tangible Net Worth Ratio

Latest as of March 2023: 89.6%

Indosterling Technomedia Tbk (TECH) has a Tangible Net Worth Ratio of 89.6% as of March 2023. This metric is calculated by deducting intangible assets (Rp6.71 Billion) from net assets (Rp64.47 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 TECH current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

89.6%
Tangible equity / total equity

Net Assets (Equity)

Rp64.47 Billion
IDR

Intangible Assets

Rp6.71 Billion
Goodwill, patents, brand value

Total Assets

Rp74.07 Billion
IDR

Indosterling Technomedia Tbk Tangible Net Worth Ratio (2018–2022)

This chart shows how Indosterling Technomedia Tbk's Tangible Net Worth Ratio has changed across 5 annual periods from 2018 to 2022. As of March 2023, the ratio stands at 89.6%, reflecting net assets of Rp64.47 Billion with intangible assets of Rp6.71 Billion IDR. See Indosterling Technomedia Tbk (TECH) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Indosterling Technomedia Tbk (2018–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Indosterling Technomedia Tbk from 2018 to 2022, covering 5 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 Indosterling Technomedia Tbk market capitalisation.

Year Tangible NW Ratio Net Assets (IDR) Intangible Assets Total Assets Change (pp)
2022 89.6% Rp65.68 Billion Rp6.81 Billion Rp74.44 Billion ▼ -3.8 pp
2021 93.4% Rp56.39 Billion Rp3.69 Billion Rp66.55 Billion ▼ -6.6 pp
2020 100.0% Rp53.02 Billion Rp0.00 Rp65.25 Billion ▲ +0.0 pp
2019 100.0% Rp15.98 Billion Rp0.00 Rp25.88 Billion ▲ +0.0 pp
2018 100.0% Rp13.86 Billion Rp0.00 Rp20.25 Billion
pp = percentage points