ELK-Desa Resources Bhd (5228) — Tangible Net Worth Ratio
ELK-Desa Resources Bhd (5228) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (RM0.00) from net assets (RM484.97 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 5228 book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
ELK-Desa Resources Bhd Tangible Net Worth Ratio (2013–2026)
This chart shows how ELK-Desa Resources Bhd's Tangible Net Worth Ratio has changed across 14 annual periods from 2013 to 2026. As of March 2026, the ratio stands at 100.0%, reflecting net assets of RM484.97 Million with intangible assets of RM0.00 MYR. Also explore ELK-Desa Resources Bhd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for ELK-Desa Resources Bhd (2013–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for ELK-Desa Resources Bhd from 2013 to 2026, covering 14 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 5228 market cap.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 100.0% | RM484.97 Million | RM0.00 | RM890.68 Million | ▲ +0.0 pp |
| 2025 | 100.0% | RM493.32 Million | RM0.00 | RM892.86 Million | ▲ +0.0 pp |
| 2024 | 100.0% | RM483.42 Million | RM0.00 | RM806.95 Million | ▲ +0.0 pp |
| 2023 | 100.0% | RM471.77 Million | RM0.00 | RM693.05 Million | ▲ +0.0 pp |
| 2022 | 100.0% | RM447.53 Million | RM0.00 | RM582.26 Million | ▲ +0.0 pp |
| 2021 | 100.0% | RM441.83 Million | RM0.00 | RM663.01 Million | ▲ +0.0 pp |
| 2020 | 100.0% | RM425.11 Million | RM0.00 | RM750.58 Million | ▲ +0.0 pp |
| 2019 | 100.0% | RM410.94 Million | RM0.00 | RM547.56 Million | ▲ +0.0 pp |
| 2018 | 100.0% | RM396.40 Million | RM0.00 | RM470.34 Million | ▲ +0.0 pp |
| 2017 | 100.0% | RM334.09 Million | RM0.00 | RM382.27 Million | ▲ +0.0 pp |
| 2016 | 100.0% | RM321.25 Million | RM0.00 | RM371.90 Million | ▲ +0.0 pp |
| 2015 | 100.0% | RM260.00 Million | RM0.00 | RM336.00 Million | ▲ +0.0 pp |
| 2014 | 100.0% | RM167.00 Million | RM0.00 | RM252.00 Million | ▲ +0.0 pp |
| 2013 | 100.0% | RM159.00 Million | RM0.00 | RM228.00 Million | — |