SkyWorld Development Berhad (5315) — Tangible Net Worth Ratio
SkyWorld Development Berhad (5315) has a Tangible Net Worth Ratio of 99.9% as of December 2025. This metric is calculated by deducting intangible assets (RM1.10 Million) from net assets (RM900.45 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 SkyWorld Development Berhad (5315) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
SkyWorld Development Berhad Tangible Net Worth Ratio (2019–2024)
This chart shows how SkyWorld Development Berhad's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of December 2025, the ratio stands at 99.9%, reflecting net assets of RM900.45 Million with intangible assets of RM1.10 Million MYR. See 5315 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for SkyWorld Development Berhad (2019–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for SkyWorld Development Berhad from 2019 to 2024, covering 6 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 SkyWorld Development Berhad market capitalisation.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.8% | RM880.00 Million | RM1.49 Million | RM1.53 Billion | ▲ +0.1 pp |
| 2023 | 99.8% | RM842.83 Million | RM2.02 Million | RM1.56 Billion | ▲ +0.2 pp |
| 2022 | 99.6% | RM615.66 Million | RM2.55 Million | RM1.32 Billion | ▲ +0.2 pp |
| 2021 | 99.4% | RM465.06 Million | RM2.81 Million | RM1.36 Billion | ▼ -0.6 pp |
| 2020 | 100.0% | RM360.77 Million | RM0.00 | RM1.19 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | RM297.47 Million | RM84.80K | RM1.03 Billion | — |