Golden Pharos Bhd (5649) — Tangible Net Worth Ratio
Golden Pharos Bhd (5649) has a Tangible Net Worth Ratio of 96.5% as of September 2025. This metric is calculated by deducting intangible assets (RM2.57 Million) from net assets (RM73.32 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 Golden Pharos Bhd (5649) 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
Golden Pharos Bhd Tangible Net Worth Ratio (2012–2024)
This chart shows how Golden Pharos Bhd's Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 96.5%, reflecting net assets of RM73.32 Million with intangible assets of RM2.57 Million MYR. See operational self-sufficiency of Golden Pharos Bhd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Golden Pharos Bhd (2012–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Golden Pharos Bhd from 2012 to 2024, 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 Golden Pharos Bhd stock valuation.
| Year | Tangible NW Ratio | Net Assets (MYR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.6% | RM75.08 Million | RM1.06 Million | RM109.48 Million | ▼ -0.7 pp |
| 2023 | 99.3% | RM90.10 Million | RM661.00K | RM133.95 Million | ▲ +0.5 pp |
| 2022 | 98.8% | RM77.93 Million | RM973.00K | RM111.34 Million | ▼ -0.3 pp |
| 2021 | 99.1% | RM70.10 Million | RM637.00K | RM105.92 Million | ▲ +0.8 pp |
| 2020 | 98.3% | RM68.39 Million | RM1.16 Million | RM101.55 Million | ▲ +2.1 pp |
| 2019 | 96.2% | RM62.90 Million | RM2.40 Million | RM113.70 Million | ▼ -2.2 pp |
| 2018 | 98.4% | RM72.52 Million | RM1.18 Million | RM113.26 Million | ▼ -1.6 pp |
| 2017 | 100.0% | RM74.40 Million | RM0.00 | RM110.64 Million | ▲ +0.0 pp |
| 2016 | 100.0% | RM74.45 Million | RM0.00 | RM112.19 Million | ▲ +0.0 pp |
| 2015 | 100.0% | RM83.00 Million | RM0.00 | RM123.00 Million | ▲ +0.0 pp |
| 2014 | 100.0% | RM87.00 Million | RM0.00 | RM129.00 Million | ▲ +0.0 pp |
| 2013 | 100.0% | RM73.00 Million | RM0.00 | RM126.00 Million | ▲ +0.0 pp |
| 2012 | 100.0% | RM73.00 Million | RM0.00 | RM124.00 Million | — |