Glostrext Berhad (0284) — Tangible Net Worth Ratio
Glostrext Berhad (0284) has a Tangible Net Worth Ratio of 100.0% as of September 2024. This metric is calculated by deducting intangible assets (RM0.00) from net assets (RM55.87 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 Glostrext Berhad net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Glostrext Berhad Tangible Net Worth Ratio (2020–2024)
This chart shows how Glostrext Berhad's Tangible Net Worth Ratio has changed across 5 annual periods from 2020 to 2024. As of September 2024, the ratio stands at 100.0%, reflecting net assets of RM55.87 Million with intangible assets of RM0.00 MYR. Also explore how fast is Glostrext Berhad growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Glostrext Berhad (2020–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Glostrext Berhad from 2020 to 2024, covering 5 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 0284 market cap.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | RM54.21 Million | RM0.00 | RM62.38 Million | ▲ +0.0 pp |
| 2023 | 100.0% | RM35.21 Million | RM0.00 | RM46.38 Million | ▲ +0.0 pp |
| 2022 | 100.0% | RM30.12 Million | RM0.00 | RM43.39 Million | ▲ +0.0 pp |
| 2021 | 100.0% | RM25.34 Million | RM0.00 | RM40.59 Million | ▲ +0.0 pp |
| 2020 | 100.0% | RM23.75 Million | RM0.00 | RM39.28 Million | — |