Edelteq Holdings Berhad (0278) — Tangible Net Worth Ratio
Edelteq Holdings Berhad (0278) has a Tangible Net Worth Ratio of 97.8% as of September 2024. This metric is calculated by deducting intangible assets (RM1.08 Million) from net assets (RM49.27 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 Edelteq Holdings Berhad 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
Edelteq Holdings Berhad Tangible Net Worth Ratio (2020–2023)
This chart shows how Edelteq Holdings Berhad's Tangible Net Worth Ratio has changed across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at 97.8%, reflecting net assets of RM49.27 Million with intangible assets of RM1.08 Million MYR. See 0278 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Edelteq Holdings Berhad (2020–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Edelteq Holdings Berhad from 2020 to 2023, covering 4 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 0278 stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 98.8% | RM46.02 Million | RM567.20K | RM56.30 Million | ▼ -1.2 pp |
| 2022 | 100.0% | RM19.07 Million | RM0.00 | RM28.24 Million | ▲ +0.0 pp |
| 2021 | 100.0% | RM15.13 Million | RM0.00 | RM23.76 Million | ▲ +0.0 pp |
| 2020 | 100.0% | RM8.70 Million | RM0.00 | RM19.04 Million | — |