Nexen Tire (002350) — Tangible Net Worth Ratio
Nexen Tire (002350) has a Tangible Net Worth Ratio of 99.1% as of September 2025. This metric is calculated by deducting intangible assets (₩17.20 Billion) from net assets (₩1.99 Trillion) 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 002350 net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Nexen Tire Tangible Net Worth Ratio (2006–2024)
This chart shows how Nexen Tire's Tangible Net Worth Ratio has changed across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 99.1%, reflecting net assets of ₩1.99 Trillion with intangible assets of ₩17.20 Billion KRW. For live market cap and overall valuation, see Nexen Tire (002350) total market value.
Annual Tangible Net Worth Ratio for Nexen Tire (2006–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Nexen Tire from 2006 to 2024, covering 19 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 Nexen Tire capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (KRW) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.1% | ₩1.87 Trillion | ₩16.97 Billion | ₩4.57 Trillion | ▲ +0.3 pp |
| 2023 | 98.8% | ₩1.70 Trillion | ₩20.26 Billion | ₩4.23 Trillion | ▲ +0.5 pp |
| 2022 | 98.3% | ₩1.60 Trillion | ₩27.70 Billion | ₩3.94 Trillion | ▲ +0.1 pp |
| 2021 | 98.1% | ₩1.60 Trillion | ₩30.07 Billion | ₩3.82 Trillion | ▼ -0.1 pp |
| 2020 | 98.2% | ₩1.55 Trillion | ₩27.18 Billion | ₩3.54 Trillion | ▼ -0.4 pp |
| 2019 | 98.6% | ₩1.56 Trillion | ₩21.26 Billion | ₩3.44 Trillion | ▼ -0.4 pp |
| 2018 | 99.0% | ₩1.43 Trillion | ₩13.72 Billion | ₩3.24 Trillion | ▲ +0.1 pp |
| 2017 | 98.9% | ₩1.34 Trillion | ₩14.43 Billion | ₩2.79 Trillion | ▼ -0.1 pp |
| 2016 | 99.0% | ₩1.20 Trillion | ₩11.98 Billion | ₩2.62 Trillion | ▲ +0.0 pp |
| 2015 | 99.0% | ₩1.03 Trillion | ₩10.82 Billion | ₩2.58 Trillion | ▲ +0.4 pp |
| 2014 | 98.6% | ₩933.36 Billion | ₩13.14 Billion | ₩2.53 Trillion | ▼ -0.4 pp |
| 2013 | 99.0% | ₩797.00 Billion | ₩7.92 Billion | ₩2.30 Trillion | ▼ -0.2 pp |
| 2012 | 99.2% | ₩677.79 Billion | ₩5.47 Billion | ₩2.04 Trillion | ▲ +0.3 pp |
| 2011 | 98.9% | ₩565.04 Billion | ₩6.13 Billion | ₩1.90 Trillion | ▼ -0.3 pp |
| 2010 | 99.2% | ₩462.24 Billion | ₩3.62 Billion | ₩1.20 Trillion | ▲ +0.5 pp |
| 2009 | 98.7% | ₩386.93 Billion | ₩4.99 Billion | ₩1.02 Trillion | ▲ +0.5 pp |
| 2008 | 98.3% | ₩278.04 Billion | ₩4.84 Billion | ₩998.71 Billion | ▼ -0.9 pp |
| 2007 | 99.1% | ₩278.71 Billion | ₩2.46 Billion | ₩712.47 Billion | ▼ -0.6 pp |
| 2006 | 99.7% | ₩255.48 Billion | ₩751.44 Million | ₩561.89 Billion | — |