Paragon Globe Bhd (3611) — Tangible Net Worth Ratio

Latest as of June 2025: 100.0%

Paragon Globe Bhd (3611) has a Tangible Net Worth Ratio of 100.0% as of June 2025. This metric is calculated by deducting intangible assets (RM0.00) from net assets (RM420.17 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 3611 current assets to equity 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)

RM420.17 Million
MYR

Intangible Assets

RM0.00
Goodwill, patents, brand value

Total Assets

RM805.00 Million
MYR

Paragon Globe Bhd Tangible Net Worth Ratio (2016–2024)

This chart shows how Paragon Globe Bhd's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 100.0%, reflecting net assets of RM420.17 Million with intangible assets of RM0.00 MYR. See Paragon Globe Bhd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Paragon Globe Bhd (2016–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Paragon Globe Bhd from 2016 to 2024, covering 9 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 3611 company net worth.

Year Tangible NW Ratio Net Assets (MYR) Intangible Assets Total Assets Change (pp)
2024 100.0% RM403.71 Million RM55.14K RM780.64 Million ▼ 0.0 pp
2023 100.0% RM298.59 Million RM5.51K RM470.47 Million ▲ +0.0 pp
2022 100.0% RM299.33 Million RM41.38K RM366.16 Million ▲ +0.0 pp
2021 100.0% RM295.38 Million RM88.26K RM311.79 Million ▲ +0.0 pp
2020 99.9% RM238.21 Million RM135.13K RM271.60 Million ▲ +0.0 pp
2019 99.9% RM240.03 Million RM165.00K RM278.17 Million ▲ +0.0 pp
2018 99.9% RM238.95 Million RM209.00K RM305.32 Million ▼ -0.1 pp
2017 100.0% RM241.76 Million RM0.00 RM372.84 Million ▲ +0.0 pp
2016 100.0% RM240.91 Million RM0.00 RM245.52 Million
pp = percentage points