SM Entertainment Co. Ltd (041510) — Tangible Net Worth Ratio
SM Entertainment Co. Ltd (041510) has a Tangible Net Worth Ratio of 81.9% as of December 2025. This metric is calculated by deducting intangible assets (₩245.80 Billion) from net assets (₩1.36 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. See SM Entertainment Co. Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
SM Entertainment Co. Ltd Tangible Net Worth Ratio (2006–2025)
This chart shows how SM Entertainment Co. Ltd's Tangible Net Worth Ratio has changed across 18 annual periods from 2006 to 2025. As of December 2025, the ratio stands at 81.9%, reflecting net assets of ₩1.36 Trillion with intangible assets of ₩245.80 Billion KRW. See 041510 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for SM Entertainment Co. Ltd (2006–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for SM Entertainment Co. Ltd from 2006 to 2025, covering 18 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 market value of SM Entertainment Co. Ltd.
| Year | Tangible NW Ratio | Net Assets (KRW) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 81.9% | ₩1.36 Trillion | ₩245.80 Billion | ₩2.01 Trillion | ▼ -11.5 pp |
| 2024 | 93.4% | ₩829.08 Billion | ₩54.46 Billion | ₩1.42 Trillion | ▼ -0.6 pp |
| 2023 | 94.0% | ₩909.40 Billion | ₩54.37 Billion | ₩1.54 Trillion | ▲ +1.4 pp |
| 2022 | 92.7% | ₩696.72 Billion | ₩51.15 Billion | ₩1.46 Trillion | ▲ +1.4 pp |
| 2021 | 91.2% | ₩616.23 Billion | ₩53.95 Billion | ₩1.31 Trillion | ▲ +7.4 pp |
| 2020 | 83.8% | ₩431.80 Billion | ₩69.90 Billion | ₩1.07 Trillion | ▲ +2.1 pp |
| 2019 | 81.7% | ₩444.17 Billion | ₩81.11 Billion | ₩1.12 Trillion | ▲ +1.7 pp |
| 2018 | 80.1% | ₩424.25 Billion | ₩84.59 Billion | ₩1.00 Trillion | ▼ -3.1 pp |
| 2017 | 83.2% | ₩344.26 Billion | ₩57.91 Billion | ₩797.51 Billion | ▼ -8.5 pp |
| 2016 | 91.7% | ₩329.47 Billion | ₩27.39 Billion | ₩525.08 Billion | ▲ +4.0 pp |
| 2015 | 87.6% | ₩284.61 Billion | ₩35.19 Billion | ₩459.71 Billion | ▲ +5.4 pp |
| 2014 | 82.3% | ₩281.58 Billion | ₩49.96 Billion | ₩382.69 Billion | ▲ +0.8 pp |
| 2013 | 81.4% | ₩266.39 Billion | ₩49.49 Billion | ₩392.33 Billion | ▼ -0.2 pp |
| 2012 | 81.7% | ₩233.57 Billion | ₩42.85 Billion | ₩322.84 Billion | ▼ -11.9 pp |
| 2011 | 93.6% | ₩103.31 Billion | ₩6.66 Billion | ₩168.11 Billion | ▼ -1.4 pp |
| 2008 | 95.0% | ₩58.54 Billion | ₩2.95 Billion | ₩81.62 Billion | ▲ +7.6 pp |
| 2007 | 87.4% | ₩73.03 Billion | ₩9.23 Billion | ₩89.13 Billion | ▼ -3.7 pp |
| 2006 | 91.1% | ₩69.83 Billion | ₩6.24 Billion | ₩91.44 Billion | — |