IFCA MSC Bhd (0023) — Tangible Net Worth Ratio

Latest as of March 2026: 100.0%

IFCA MSC Bhd (0023) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (RM0.00) from net assets (RM121.04 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. Also explore IFCA MSC Bhd equity growth rate to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

RM121.04 Million
MYR

Intangible Assets

RM0.00
Goodwill, patents, brand value

Total Assets

RM152.15 Million
MYR

IFCA MSC Bhd Tangible Net Worth Ratio (2015–2025)

This chart shows how IFCA MSC Bhd's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of RM121.04 Million with intangible assets of RM0.00 MYR. For live market cap and overall valuation, see IFCA MSC Bhd (0023) total market value.

Annual Tangible Net Worth Ratio for IFCA MSC Bhd (2015–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for IFCA MSC Bhd from 2015 to 2025, covering 11 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. Explore 0023 capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (MYR) Intangible Assets Total Assets Change (pp)
2025 86.2% RM121.59 Million RM16.76 Million RM155.10 Million ▼ -0.2 pp
2024 86.5% RM124.50 Million RM16.87 Million RM165.52 Million ▲ +0.1 pp
2023 86.4% RM121.46 Million RM16.57 Million RM155.80 Million ▲ +2.1 pp
2022 84.2% RM118.53 Million RM18.70 Million RM148.82 Million ▼ -2.1 pp
2021 86.3% RM129.15 Million RM17.73 Million RM160.69 Million ▼ -4.9 pp
2020 91.1% RM121.83 Million RM10.80 Million RM147.18 Million ▼ -0.8 pp
2019 91.9% RM119.75 Million RM9.69 Million RM140.63 Million ▼ -0.5 pp
2018 92.4% RM119.48 Million RM9.05 Million RM146.25 Million ▲ +4.4 pp
2017 88.0% RM111.88 Million RM13.42 Million RM144.66 Million ▲ +4.8 pp
2016 83.2% RM106.07 Million RM17.86 Million RM142.28 Million ▲ +3.9 pp
2015 79.3% RM94.47 Million RM19.56 Million RM120.80 Million
pp = percentage points