Nova MSC Bhd (0026) — Tangible Net Worth Ratio
Nova MSC Bhd (0026) has a Tangible Net Worth Ratio of 37.1% as of March 2026. This metric is calculated by deducting intangible assets (RM27.61 Million) from net assets (RM43.91 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 how fast is Nova MSC Bhd growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Nova MSC Bhd Tangible Net Worth Ratio (2015–2024)
This chart shows how Nova MSC Bhd's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of March 2026, the ratio stands at 37.1%, reflecting net assets of RM43.91 Million with intangible assets of RM27.61 Million MYR. For live market cap and overall valuation, see Nova MSC Bhd market capitalisation.
Annual Tangible Net Worth Ratio for Nova MSC Bhd (2015–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Nova MSC Bhd from 2015 to 2024, covering 10 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 0026 capital reinvestment ratio 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) |
|---|---|---|---|---|---|
| 2024 | 43.8% | RM51.73 Million | RM29.06 Million | RM70.38 Million | ▲ +60.5 pp |
| 2023 | -16.7% | RM30.77 Million | RM35.90 Million | RM58.15 Million | ▼ -22.3 pp |
| 2022 | 5.7% | RM37.78 Million | RM35.63 Million | RM64.08 Million | ▼ -28.6 pp |
| 2021 | 34.3% | RM49.16 Million | RM32.31 Million | RM72.37 Million | ▼ -21.1 pp |
| 2020 | 55.4% | RM67.65 Million | RM30.19 Million | RM86.03 Million | ▼ -4.6 pp |
| 2019 | 59.9% | RM65.57 Million | RM26.26 Million | RM99.96 Million | ▼ -1.2 pp |
| 2018 | 61.2% | RM55.92 Million | RM21.72 Million | RM81.13 Million | ▲ +16.2 pp |
| 2017 | 45.0% | RM38.37 Million | RM21.11 Million | RM79.08 Million | ▼ -0.2 pp |
| 2016 | 45.1% | RM44.04 Million | RM24.16 Million | RM78.68 Million | ▼ -18.9 pp |
| 2015 | 64.1% | RM46.59 Million | RM16.74 Million | RM58.77 Million | — |