AGX Group Berhad (0299) — Tangible Net Worth Ratio

Latest as of August 2024: 100.0%

AGX Group Berhad (0299) has a Tangible Net Worth Ratio of 100.0% as of August 2024. This metric is calculated by deducting intangible assets (RM0.00) from net assets (RM83.49 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 AGX Group Berhad (0299) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

RM83.49 Million
MYR

Intangible Assets

RM0.00
Goodwill, patents, brand value

Total Assets

RM141.35 Million
MYR

AGX Group Berhad Tangible Net Worth Ratio (2020–2022)

This chart shows how AGX Group Berhad's Tangible Net Worth Ratio has changed across 3 annual periods from 2020 to 2022. As of August 2024, the ratio stands at 100.0%, reflecting net assets of RM83.49 Million with intangible assets of RM0.00 MYR. See AGX Group Berhad defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for AGX Group Berhad (2020–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for AGX Group Berhad from 2020 to 2022, covering 3 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 AGX Group Berhad (0299) market capitalisation.

Year Tangible NW Ratio Net Assets (MYR) Intangible Assets Total Assets Change (pp)
2022 98.6% RM44.03 Million RM615.69K RM86.83 Million ▲ +0.7 pp
2021 97.9% RM36.78 Million RM779.62K RM90.59 Million ▲ +0.3 pp
2020 97.6% RM5.29 Million RM125.58K RM71.44 Million
pp = percentage points