TSA Tangible Net Worth Ratio
TSA tangible net worth ratio. TSA (0297) has a Tangible Net Worth Ratio of 100.0% as of May 2026. This metric is calculated by deducting intangible assets (RM0.00) from net assets (RM188.79 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. Also explore net asset momentum of TSA to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of TSA (2020–2025)
Tangible net worth ratio of TSA from 2020 to 2025. This chart shows how TSA's Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of May 2026, the ratio stands at 100.0%, reflecting net assets of RM188.79 Million with intangible assets of RM0.00 MYR.
TSA Tangible Net Worth Ratio by Year (2020–2025)
TSA tangible net worth ratio by year from 2020 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for TSA from 2020 to 2025, covering 6 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 live market cap and overall valuation, see 0297 market cap.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.9% | RM187.67 Million | RM3.86 Million | RM260.05 Million | ▼ -2.1 pp |
| 2024 | 100.0% | RM184.54 Million | RM0.00 | RM279.86 Million | ▲ +0.0 pp |
| 2023 | 100.0% | RM142.93 Million | RM0.00 | RM223.01 Million | ▲ +0.0 pp |
| 2022 | 100.0% | RM150.04 Million | RM0.00 | RM241.37 Million | ▲ +0.0 pp |
| 2021 | 100.0% | RM124.79 Million | RM0.00 | RM260.65 Million | ▲ +0.0 pp |
| 2020 | 100.0% | RM121.06 Million | RM0.00 | RM209.61 Million | — |