Techfast Holdings Bhd (0084) — Tangible Net Worth Ratio
Techfast Holdings Bhd (0084) has a Tangible Net Worth Ratio of 96.8% as of September 2025. This metric is calculated by deducting intangible assets (RM2.50 Million) from net assets (RM77.83 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 Techfast Holdings 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
Techfast Holdings Bhd Tangible Net Worth Ratio (2015–2024)
This chart shows how Techfast Holdings Bhd's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 96.8%, reflecting net assets of RM77.83 Million with intangible assets of RM2.50 Million MYR. See 0084 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Techfast Holdings Bhd (2015–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Techfast Holdings 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 Techfast Holdings Bhd (0084) total market value.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.4% | RM89.18 Million | RM3.25 Million | RM97.46 Million | ▲ +0.2 pp |
| 2023 | 96.1% | RM110.06 Million | RM4.25 Million | RM129.60 Million | ▼ -3.9 pp |
| 2022 | 100.0% | RM123.06 Million | RM0.00 | RM139.71 Million | ▲ +0.0 pp |
| 2021 | 100.0% | RM108.51 Million | RM40.00K | RM123.36 Million | ▲ +0.1 pp |
| 2020 | 99.8% | RM37.36 Million | RM62.00K | RM43.12 Million | ▲ +0.1 pp |
| 2019 | 99.8% | RM27.27 Million | RM62.00K | RM32.47 Million | ▼ -0.2 pp |
| 2018 | 100.0% | RM26.25 Million | RM0.00 | RM30.98 Million | ▲ +0.0 pp |
| 2017 | 100.0% | RM24.56 Million | RM0.00 | RM29.45 Million | ▲ +0.0 pp |
| 2016 | 100.0% | RM22.99 Million | RM0.00 | RM28.78 Million | ▲ +0.0 pp |
| 2015 | 100.0% | RM20.73 Million | RM0.00 | RM25.49 Million | — |