Nova MSC Bhd (0026) — Tangible Net Worth Ratio
Nova MSC Bhd (0026) has a Tangible Net Worth Ratio of 42.2% as of December 2025. This metric is calculated by deducting intangible assets (RM27.52 Million) from net assets (RM47.60 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 how liquid is Nova MSC Bhd's working capital to evaluate short-term liquidity relative to the company's equity base.
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 December 2025, the ratio stands at 42.2%, reflecting net assets of RM47.60 Million with intangible assets of RM27.52 Million MYR. See Nova MSC Bhd (0026) liquidity interval to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see 0026 market cap.
| 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 | — |