Green Ocean Corporation Bhd (0074) — Tangible Net Worth Ratio
Green Ocean Corporation Bhd (0074) has a Tangible Net Worth Ratio of 100.0% as of June 2025. This metric is calculated by deducting intangible assets (RM0.00) from net assets (RM65.89 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 working capital position of Green Ocean Corporation Bhd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Green Ocean Corporation Bhd Tangible Net Worth Ratio (2016–2024)
This chart shows how Green Ocean Corporation Bhd's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 100.0%, reflecting net assets of RM65.89 Million with intangible assets of RM0.00 MYR. See operational self-sufficiency of Green Ocean Corporation Bhd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Green Ocean Corporation Bhd (2016–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Green Ocean Corporation Bhd from 2016 to 2024, covering 9 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 Green Ocean Corporation Bhd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | RM99.70 Million | RM0.00 | RM119.21 Million | ▲ +0.0 pp |
| 2023 | 100.0% | RM113.71 Million | RM0.00 | RM133.33 Million | ▲ +0.0 pp |
| 2022 | 100.0% | RM117.65 Million | RM0.00 | RM118.95 Million | ▲ +0.0 pp |
| 2021 | 100.0% | RM130.50 Million | RM0.00 | RM133.48 Million | ▲ +0.0 pp |
| 2020 | 100.0% | RM10.56 Million | RM0.00 | RM37.47 Million | ▲ +0.0 pp |
| 2019 | 100.0% | RM21.99 Million | RM0.00 | RM56.62 Million | ▲ +0.0 pp |
| 2018 | 100.0% | RM20.07 Million | RM0.00 | RM37.86 Million | ▲ +0.0 pp |
| 2017 | 100.0% | RM20.50 Million | RM0.00 | RM46.37 Million | ▲ +0.0 pp |
| 2016 | 100.0% | RM20.36 Million | RM0.00 | RM58.61 Million | — |