Muda Holdings Bhd (3883) — Tangible Net Worth Ratio
Muda Holdings Bhd (3883) has a Tangible Net Worth Ratio of 98.6% as of September 2025. This metric is calculated by deducting intangible assets (RM16.19 Million) from net assets (RM1.17 Billion) 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 how liquid is Muda Holdings Bhd's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Muda Holdings Bhd Tangible Net Worth Ratio (2006–2024)
This chart shows how Muda Holdings Bhd's Tangible Net Worth Ratio has changed across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 98.6%, reflecting net assets of RM1.17 Billion with intangible assets of RM16.19 Million MYR. See Muda Holdings Bhd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Muda Holdings Bhd (2006–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Muda Holdings Bhd from 2006 to 2024, covering 19 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 market value of Muda Holdings Bhd.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | RM1.23 Billion | RM0.00 | RM2.31 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | RM1.30 Billion | RM0.00 | RM2.36 Billion | ▲ +1.2 pp |
| 2022 | 98.8% | RM1.34 Billion | RM16.21 Million | RM2.41 Billion | ▼ 0.0 pp |
| 2021 | 98.8% | RM1.36 Billion | RM15.82 Million | RM2.39 Billion | ▼ -0.2 pp |
| 2020 | 99.0% | RM1.17 Billion | RM11.66 Million | RM1.94 Billion | ▼ -1.0 pp |
| 2019 | 100.0% | RM1.08 Billion | RM0.00 | RM1.93 Billion | ▲ +0.4 pp |
| 2018 | 99.6% | RM1.05 Billion | RM4.29 Million | RM1.96 Billion | ▲ +0.1 pp |
| 2017 | 99.5% | RM988.62 Million | RM4.81 Million | RM1.88 Billion | ▲ +0.8 pp |
| 2016 | 98.7% | RM875.75 Million | RM11.68 Million | RM1.64 Billion | ▲ +0.1 pp |
| 2015 | 98.6% | RM864.99 Million | RM12.21 Million | RM1.58 Billion | ▲ +0.1 pp |
| 2014 | 98.5% | RM834.36 Million | RM12.31 Million | RM1.57 Billion | ▲ +0.1 pp |
| 2013 | 98.5% | RM820.50 Million | RM12.66 Million | RM1.49 Billion | ▲ +0.4 pp |
| 2012 | 98.1% | RM619.01 Million | RM11.75 Million | RM1.25 Billion | ▼ -1.8 pp |
| 2011 | 99.9% | RM617.49 Million | RM316.00K | RM1.26 Billion | ▲ +34.7 pp |
| 2010 | 65.3% | RM561.63 Million | RM194.91 Million | RM1.12 Billion | ▼ -34.7 pp |
| 2009 | 100.0% | RM523.75 Million | RM0.00 | RM925.27 Million | ▲ +31.0 pp |
| 2008 | 69.0% | RM465.81 Million | RM144.54 Million | RM858.44 Million | ▲ +9.2 pp |
| 2007 | 59.7% | RM388.05 Million | RM156.22 Million | RM815.02 Million | ▼ -1.7 pp |
| 2006 | 61.4% | RM375.22 Million | RM144.68 Million | RM817.66 Million | — |