Merafe (MRF) — Tangible Net Worth Ratio
Merafe (MRF) has a Tangible Net Worth Ratio of 99.6% as of June 2025. This metric is calculated by deducting intangible assets (ZAC19.07 Million) from net assets (ZAC4.91 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 working capital position of Merafe to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Merafe Tangible Net Worth Ratio (2001–2024)
This chart shows how Merafe's Tangible Net Worth Ratio has changed across 24 annual periods from 2001 to 2024. As of June 2025, the ratio stands at 99.6%, reflecting net assets of ZAC4.91 Billion with intangible assets of ZAC19.07 Million ZAC. See Merafe (MRF) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Merafe (2001–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Merafe from 2001 to 2024, covering 24 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 MRF stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.6% | ZAC4.88 Billion | ZAC21.19 Million | ZAC6.14 Billion | ▲ +0.0 pp |
| 2023 | 99.5% | ZAC5.26 Billion | ZAC25.41 Million | ZAC6.66 Billion | ▲ +0.2 pp |
| 2022 | 99.3% | ZAC4.33 Billion | ZAC29.63 Million | ZAC5.68 Billion | ▲ +0.2 pp |
| 2021 | 99.1% | ZAC3.77 Billion | ZAC34.06 Million | ZAC4.95 Billion | ▲ +0.8 pp |
| 2020 | 98.3% | ZAC2.28 Billion | ZAC38.54 Million | ZAC3.11 Billion | ▼ -0.2 pp |
| 2019 | 98.5% | ZAC3.38 Billion | ZAC49.27 Million | ZAC4.56 Billion | ▼ -0.4 pp |
| 2018 | 99.0% | ZAC4.89 Billion | ZAC51.38 Million | ZAC6.58 Billion | ▼ -1.0 pp |
| 2017 | 100.0% | ZAC4.64 Billion | ZAC0.00 | ZAC6.36 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | ZAC3.90 Billion | ZAC0.00 | ZAC5.96 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | ZAC3.41 Billion | ZAC0.00 | ZAC5.36 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | ZAC3.12 Billion | ZAC0.00 | ZAC5.40 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | ZAC2.93 Billion | ZAC0.00 | ZAC5.00 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | ZAC2.71 Billion | ZAC0.00 | ZAC4.29 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | ZAC2.66 Billion | ZAC0.00 | ZAC3.92 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | ZAC2.58 Billion | ZAC0.00 | ZAC3.82 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | ZAC2.33 Billion | ZAC0.00 | ZAC3.40 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | ZAC2.48 Billion | ZAC0.00 | ZAC3.75 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | ZAC1.44 Billion | ZAC0.00 | ZAC2.59 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | ZAC1.11 Billion | ZAC0.00 | ZAC2.11 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | ZAC904.87 Million | ZAC258.00K | ZAC2.02 Billion | ▲ +0.1 pp |
| 2004 | 99.9% | ZAC319.03 Million | ZAC258.00K | ZAC1.23 Billion | ▲ +0.0 pp |
| 2003 | 99.9% | ZAC231.96 Million | ZAC257.49K | ZAC849.09 Million | ▲ +0.0 pp |
| 2002 | 99.9% | ZAC231.10 Million | ZAC257.49K | ZAC788.78 Million | ▼ 0.0 pp |
| 2001 | 99.9% | ZAC363.61 Million | ZAC257.49K | ZAC743.67 Million | — |