Smtrack Bhd (0169) — Tangible Net Worth Ratio
Smtrack Bhd (0169) has a Tangible Net Worth Ratio of 79.5% as of July 2025. This metric is calculated by deducting intangible assets (RM9.24 Million) from net assets (RM45.03 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 to net assets of Smtrack Bhd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Smtrack Bhd Tangible Net Worth Ratio (2015–2024)
This chart shows how Smtrack Bhd's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of July 2025, the ratio stands at 79.5%, reflecting net assets of RM45.03 Million with intangible assets of RM9.24 Million MYR. See Smtrack Bhd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Smtrack Bhd (2015–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Smtrack 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 market value of Smtrack Bhd.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 79.8% | RM45.73 Million | RM9.24 Million | RM69.22 Million | ▼ -7.5 pp |
| 2023 | 87.3% | RM73.00 Million | RM9.24 Million | RM112.05 Million | ▼ -0.5 pp |
| 2022 | 87.8% | RM75.76 Million | RM9.24 Million | RM118.93 Million | ▲ +8.9 pp |
| 2021 | 78.9% | RM43.79 Million | RM9.24 Million | RM56.24 Million | ▼ -21.1 pp |
| 2020 | 100.0% | RM7.73 Million | RM0.00 | RM10.22 Million | ▲ +0.0 pp |
| 2019 | 100.0% | RM11.54 Million | RM0.00 | RM14.30 Million | ▲ +0.0 pp |
| 2018 | 100.0% | RM12.70 Million | RM0.00 | RM14.45 Million | ▲ +0.0 pp |
| 2017 | 100.0% | RM8.46 Million | RM0.00 | RM9.49 Million | ▲ +4.0 pp |
| 2016 | 96.0% | RM17.71 Million | RM701.31K | RM19.39 Million | ▲ +5.2 pp |
| 2015 | 90.8% | RM15.12 Million | RM1.39 Million | RM18.16 Million | — |