Salutica Bhd (0183) — Tangible Net Worth Ratio
Salutica Bhd (0183) has a Tangible Net Worth Ratio of 98.7% as of September 2025. This metric is calculated by deducting intangible assets (RM771.00K) from net assets (RM57.59 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 Salutica Bhd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Salutica Bhd Tangible Net Worth Ratio (2015–2025)
This chart shows how Salutica Bhd's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of September 2025, the ratio stands at 98.7%, reflecting net assets of RM57.59 Million with intangible assets of RM771.00K MYR. See 0183 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Salutica Bhd (2015–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Salutica Bhd from 2015 to 2025, covering 11 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 0183 market cap.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.6% | RM57.84 Million | RM789.69K | RM73.94 Million | ▼ -0.2 pp |
| 2024 | 98.8% | RM74.85 Million | RM862.65K | RM92.78 Million | ▼ -0.4 pp |
| 2023 | 99.2% | RM117.97 Million | RM929.14K | RM143.31 Million | ▼ -0.1 pp |
| 2022 | 99.3% | RM146.50 Million | RM1.05 Million | RM195.98 Million | ▲ +0.8 pp |
| 2021 | 98.5% | RM131.52 Million | RM2.02 Million | RM193.10 Million | ▲ +0.2 pp |
| 2020 | 98.3% | RM141.24 Million | RM2.44 Million | RM191.49 Million | ▼ -0.7 pp |
| 2019 | 99.0% | RM156.92 Million | RM1.61 Million | RM171.99 Million | ▼ -0.4 pp |
| 2018 | 99.4% | RM167.07 Million | RM1.04 Million | RM192.75 Million | ▲ +0.8 pp |
| 2017 | 98.6% | RM165.02 Million | RM2.39 Million | RM202.66 Million | ▼ 0.0 pp |
| 2016 | 98.6% | RM154.98 Million | RM2.19 Million | RM203.30 Million | ▼ -1.4 pp |
| 2015 | 100.0% | RM76.18 Million | RM0.00 | RM122.91 Million | — |