Solid Automotive Bhd (5242) — Tangible Net Worth Ratio
Solid Automotive Bhd (5242) has a Tangible Net Worth Ratio of 100.0% as of October 2025. This metric is calculated by deducting intangible assets (RM0.00) from net assets (RM240.64 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 working capital to net assets of Solid Automotive Bhd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Solid Automotive Bhd Tangible Net Worth Ratio (2013–2025)
This chart shows how Solid Automotive Bhd's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of October 2025, the ratio stands at 100.0%, reflecting net assets of RM240.64 Million with intangible assets of RM0.00 MYR. See Solid Automotive Bhd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Solid Automotive Bhd (2013–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Solid Automotive Bhd from 2013 to 2025, covering 13 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 how much is Solid Automotive Bhd worth.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.9% | RM237.03 Million | RM238.60K | RM318.45 Million | ▲ +0.0 pp |
| 2024 | 99.9% | RM234.18 Million | RM238.61K | RM318.43 Million | ▲ +0.0 pp |
| 2023 | 99.9% | RM196.03 Million | RM238.61K | RM293.27 Million | ▲ +0.0 pp |
| 2022 | 99.9% | RM187.16 Million | RM238.61K | RM288.22 Million | ▲ +0.0 pp |
| 2021 | 99.9% | RM181.85 Million | RM238.61K | RM250.89 Million | ▲ +0.0 pp |
| 2020 | 99.8% | RM140.39 Million | RM238.61K | RM235.54 Million | ▼ -0.2 pp |
| 2019 | 100.0% | RM141.56 Million | RM0.00 | RM234.82 Million | ▲ +0.0 pp |
| 2018 | 100.0% | RM140.20 Million | RM0.00 | RM167.34 Million | ▲ +0.0 pp |
| 2017 | 100.0% | RM138.48 Million | RM0.00 | RM160.36 Million | ▲ +0.0 pp |
| 2016 | 100.0% | RM134.11 Million | RM0.00 | RM157.22 Million | ▲ +0.1 pp |
| 2015 | 99.9% | RM98.00 Million | RM102.61K | RM137.00 Million | ▼ -0.1 pp |
| 2014 | 100.0% | RM91.00 Million | RM0.00 | RM114.00 Million | ▲ +0.0 pp |
| 2013 | 100.0% | RM66.00 Million | RM0.00 | RM89.00 Million | — |