Ireka Corporation Bhd (8834) — Tangible Net Worth Ratio

Latest as of December 2022: 100.0%

Ireka Corporation Bhd (8834) has a Tangible Net Worth Ratio of 100.0% as of December 2022. This metric is calculated by deducting intangible assets (RM0.00) from net assets (RM37.55 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. Also explore Ireka Corporation Bhd net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

RM37.55 Million
MYR

Intangible Assets

RM0.00
Goodwill, patents, brand value

Total Assets

RM235.24 Million
MYR

Ireka Corporation Bhd Tangible Net Worth Ratio (2013–2021)

This chart shows how Ireka Corporation Bhd's Tangible Net Worth Ratio has changed across 9 annual periods from 2013 to 2021. As of December 2022, the ratio stands at 100.0%, reflecting net assets of RM37.55 Million with intangible assets of RM0.00 MYR. For live market cap and overall valuation, see Ireka Corporation Bhd (8834) market capitalisation.

Annual Tangible Net Worth Ratio for Ireka Corporation Bhd (2013–2021)

The table below presents the year-by-year Tangible Net Worth Ratio for Ireka Corporation Bhd from 2013 to 2021, covering 9 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. Explore 8834 capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (MYR) Intangible Assets Total Assets Change (pp)
2021 93.6% RM525.22K RM33.50K RM484.70 Million ▼ -6.3 pp
2020 100.0% RM79.33 Million RM33.50K RM504.36 Million ▼ 0.0 pp
2019 100.0% RM112.30 Million RM33.50K RM485.56 Million ▼ 0.0 pp
2018 100.0% RM147.42 Million RM0.00 RM498.26 Million ▲ +0.0 pp
2017 100.0% RM144.10 Million RM0.00 RM498.82 Million ▲ +0.0 pp
2016 100.0% RM140.34 Million RM0.00 RM483.65 Million ▲ +0.0 pp
2015 100.0% RM186.00 Million RM0.00 RM547.00 Million ▲ +0.0 pp
2014 100.0% RM152.00 Million RM0.00 RM544.00 Million ▲ +0.0 pp
2013 100.0% RM179.00 Million RM0.00 RM512.00 Million
pp = percentage points