IRIS Corporation Bhd (0010) — Tangible Net Worth Ratio
IRIS Corporation Bhd (0010) has a Tangible Net Worth Ratio of 77.5% as of December 2025. This metric is calculated by deducting intangible assets (RM88.00 Million) from net assets (RM391.78 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 IRIS Corporation Bhd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
IRIS Corporation Bhd Tangible Net Worth Ratio (2006–2024)
This chart shows how IRIS Corporation Bhd's Tangible Net Worth Ratio has changed across 19 annual periods from 2006 to 2024. As of December 2025, the ratio stands at 77.5%, reflecting net assets of RM391.78 Million with intangible assets of RM88.00 Million MYR. See IRIS Corporation Bhd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for IRIS Corporation Bhd (2006–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for IRIS Corporation Bhd from 2006 to 2024, covering 19 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 IRIS Corporation Bhd (0010) total market value.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 35.7% | RM385.59 Million | RM247.86 Million | RM602.79 Million | ▼ -64.3 pp |
| 2023 | 100.0% | RM377.55 Million | RM64.00K | RM635.29 Million | ▲ +0.1 pp |
| 2022 | 99.9% | RM345.28 Million | RM310.00K | RM528.52 Million | ▲ +0.4 pp |
| 2021 | 99.5% | RM323.50 Million | RM1.58 Million | RM509.01 Million | ▲ +0.5 pp |
| 2020 | 99.0% | RM295.03 Million | RM2.84 Million | RM467.49 Million | ▲ +0.6 pp |
| 2019 | 98.5% | RM265.31 Million | RM4.07 Million | RM487.93 Million | ▲ +2.2 pp |
| 2018 | 96.2% | RM249.98 Million | RM9.40 Million | RM515.66 Million | ▲ +15.1 pp |
| 2017 | 81.2% | RM153.37 Million | RM28.90 Million | RM549.90 Million | ▼ -5.0 pp |
| 2016 | 86.2% | RM256.50 Million | RM35.45 Million | RM767.68 Million | ▼ -6.5 pp |
| 2015 | 92.7% | RM537.84 Million | RM39.11 Million | RM1.08 Billion | ▲ +36.2 pp |
| 2014 | 56.5% | RM566.62 Million | RM246.26 Million | RM1.32 Billion | ▼ -10.5 pp |
| 2013 | 67.0% | RM607.12 Million | RM200.16 Million | RM1.31 Billion | ▲ +9.4 pp |
| 2012 | 57.7% | RM457.20 Million | RM193.52 Million | RM1.09 Billion | ▼ -37.5 pp |
| 2011 | 95.1% | RM401.68 Million | RM19.57 Million | RM786.57 Million | ▲ +0.6 pp |
| 2010 | 94.5% | RM355.24 Million | RM19.52 Million | RM694.30 Million | ▲ +0.8 pp |
| 2009 | 93.7% | RM316.13 Million | RM19.93 Million | RM557.74 Million | ▲ +5.9 pp |
| 2008 | 87.8% | RM301.51 Million | RM36.72 Million | RM584.31 Million | ▼ -1.3 pp |
| 2007 | 89.2% | RM283.01 Million | RM30.67 Million | RM543.32 Million | ▼ -3.4 pp |
| 2006 | 92.6% | RM229.93 Million | RM17.06 Million | RM543.33 Million | — |