L&F Co. Ltd (066970) — Tangible Net Worth Ratio
L&F Co. Ltd (066970) has a Tangible Net Worth Ratio of 98.9% as of December 2023. This metric is calculated by deducting intangible assets (₩12.05 Billion) from net assets (₩1.11 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 L&F Co. Ltd 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
L&F Co. Ltd Tangible Net Worth Ratio (2008–2023)
This chart shows how L&F Co. Ltd's Tangible Net Worth Ratio has changed across 16 annual periods from 2008 to 2023. As of December 2023, the ratio stands at 98.9%, reflecting net assets of ₩1.11 Trillion with intangible assets of ₩12.05 Billion KRW. See 066970 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for L&F Co. Ltd (2008–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for L&F Co. Ltd from 2008 to 2023, covering 16 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 L&F Co. Ltd stock valuation.
| Year | Tangible NW Ratio | Net Assets (KRW) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 98.9% | ₩1.11 Trillion | ₩12.05 Billion | ₩3.35 Trillion | ▼ -0.5 pp |
| 2022 | 99.4% | ₩1.28 Trillion | ₩7.63 Billion | ₩3.02 Trillion | ▲ +0.9 pp |
| 2021 | 98.5% | ₩630.79 Billion | ₩9.52 Billion | ₩1.53 Trillion | ▲ +3.0 pp |
| 2020 | 95.4% | ₩194.44 Billion | ₩8.86 Billion | ₩466.22 Billion | ▲ +2.0 pp |
| 2019 | 93.4% | ₩129.43 Billion | ₩8.51 Billion | ₩416.20 Billion | ▼ -2.2 pp |
| 2018 | 95.6% | ₩140.63 Billion | ₩6.22 Billion | ₩330.98 Billion | ▲ +0.7 pp |
| 2017 | 94.9% | ₩121.37 Billion | ₩6.19 Billion | ₩265.48 Billion | ▲ +5.7 pp |
| 2016 | 89.2% | ₩87.71 Billion | ₩9.51 Billion | ₩202.67 Billion | ▲ +15.4 pp |
| 2015 | 73.7% | ₩50.30 Billion | ₩13.22 Billion | ₩168.39 Billion | ▼ -24.8 pp |
| 2014 | 98.5% | ₩60.90 Billion | ₩926.71 Million | ₩162.69 Billion | ▲ +0.1 pp |
| 2013 | 98.3% | ₩51.85 Billion | ₩862.27 Million | ₩157.92 Billion | ▲ +0.2 pp |
| 2012 | 98.1% | ₩48.58 Billion | ₩924.50 Million | ₩142.80 Billion | ▼ -0.2 pp |
| 2011 | 98.3% | ₩47.24 Billion | ₩821.63 Million | ₩120.42 Billion | ▼ -1.1 pp |
| 2010 | 99.3% | ₩42.67 Billion | ₩291.92 Million | ₩81.79 Billion | ▲ +0.2 pp |
| 2009 | 99.1% | ₩40.03 Billion | ₩369.99 Million | ₩70.19 Billion | ▼ -0.3 pp |
| 2008 | 99.4% | ₩38.72 Billion | ₩233.86 Million | ₩70.30 Billion | — |