Faron Pharmaceuticals Oy (FARN) — Tangible Net Worth Ratio
Faron Pharmaceuticals Oy (FARN) has a Tangible Net Worth Ratio of 21.2% as of June 2024. This metric is calculated by deducting intangible assets (GBX1.09 Million) from net assets (GBX1.38 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 Faron Pharmaceuticals Oy (FARN) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Faron Pharmaceuticals Oy Tangible Net Worth Ratio (2015–2021)
This chart shows how Faron Pharmaceuticals Oy's Tangible Net Worth Ratio has changed across 6 annual periods from 2015 to 2021. As of June 2024, the ratio stands at 21.2%, reflecting net assets of GBX1.38 Million with intangible assets of GBX1.09 Million GBX. See FARN defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Faron Pharmaceuticals Oy (2015–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Faron Pharmaceuticals Oy from 2015 to 2021, 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 how much is Faron Pharmaceuticals Oy worth.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 69.2% | GBX2.92 Million | GBX899.00K | GBX13.18 Million | ▲ +2.0 pp |
| 2019 | 67.1% | GBX1.61 Million | GBX529.00K | GBX10.21 Million | ▲ +109.4 pp |
| 2018 | -42.3% | GBX369.00K | GBX525.00K | GBX8.00 Million | ▼ -135.4 pp |
| 2017 | 93.1% | GBX4.74 Million | GBX325.00K | GBX14.89 Million | ▲ +1.7 pp |
| 2016 | 91.4% | GBX10.88 Million | GBX933.00K | GBX17.29 Million | ▲ +0.4 pp |
| 2015 | 91.0% | GBX11.18 Million | GBX1.00 Million | GBX14.82 Million | — |