Ireka Corporation Bhd (8834) — Tangible Net Worth Ratio
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. See Ireka Corporation Bhd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
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. See operational self-sufficiency of Ireka Corporation Bhd to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see Ireka Corporation Bhd (8834) total market value.
| 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 | — |