K Car Co Ltd (381970) — Tangible Net Worth Ratio
K Car Co Ltd (381970) has a Tangible Net Worth Ratio of 98.2% as of September 2025. This metric is calculated by deducting intangible assets (₩4.21 Billion) from net assets (₩231.37 Billion) 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 K Car Co Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
K Car Co Ltd Tangible Net Worth Ratio (2019–2024)
This chart shows how K Car Co Ltd's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at 98.2%, reflecting net assets of ₩231.37 Billion with intangible assets of ₩4.21 Billion KRW. See 381970 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for K Car Co Ltd (2019–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for K Car Co Ltd 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 381970 market cap.
| Year | Tangible NW Ratio | Net Assets (KRW) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.9% | ₩225.79 Billion | ₩4.83 Billion | ₩524.85 Billion | ▼ -0.2 pp |
| 2023 | 98.1% | ₩234.92 Billion | ₩4.52 Billion | ₩554.12 Billion | ▲ +0.0 pp |
| 2022 | 98.1% | ₩245.82 Billion | ₩4.78 Billion | ₩534.36 Billion | ▼ -0.4 pp |
| 2021 | 98.5% | ₩275.47 Billion | ₩4.14 Billion | ₩550.02 Billion | ▲ +1.5 pp |
| 2020 | 97.0% | ₩170.97 Billion | ₩5.17 Billion | ₩342.31 Billion | ▲ +0.3 pp |
| 2019 | 96.7% | ₩148.37 Billion | ₩4.89 Billion | ₩320.01 Billion | — |