Bharat Electronics Limited (BEL_old) — Tangible Net Worth Ratio
Bharat Electronics Limited (BEL_old) has a Tangible Net Worth Ratio of 95.8% as of March 2024. This metric is calculated by deducting intangible assets (Rs6.84 Billion) from net assets (Rs163.44 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 Bharat Electronics Limited (BEL_old) 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
Bharat Electronics Limited Tangible Net Worth Ratio (2004–2024)
This chart shows how Bharat Electronics Limited's Tangible Net Worth Ratio has changed across 21 annual periods from 2004 to 2024. As of March 2024, the ratio stands at 95.8%, reflecting net assets of Rs163.44 Billion with intangible assets of Rs6.84 Billion INR. See defensive interval ratio of Bharat Electronics Limited to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Bharat Electronics Limited (2004–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Bharat Electronics Limited from 2004 to 2024, covering 21 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 Bharat Electronics Limited (BEL_old) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 95.8% | Rs163.44 Billion | Rs6.84 Billion | Rs395.27 Billion | ▲ +1.3 pp |
| 2023 | 94.5% | Rs138.79 Billion | Rs7.62 Billion | Rs354.91 Billion | ▲ +0.4 pp |
| 2022 | 94.1% | Rs123.02 Billion | Rs7.26 Billion | Rs339.11 Billion | ▼ 0.0 pp |
| 2021 | 94.1% | Rs110.75 Billion | Rs6.52 Billion | Rs294.92 Billion | ▲ +1.3 pp |
| 2020 | 92.8% | Rs100.86 Billion | Rs7.26 Billion | Rs243.48 Billion | ▲ +0.2 pp |
| 2019 | 92.6% | Rs92.25 Billion | Rs6.85 Billion | Rs208.21 Billion | ▲ +0.6 pp |
| 2018 | 92.0% | Rs80.29 Billion | Rs6.45 Billion | Rs189.51 Billion | ▼ -1.7 pp |
| 2017 | 93.7% | Rs77.49 Billion | Rs4.88 Billion | Rs175.96 Billion | ▼ -2.1 pp |
| 2016 | 95.8% | Rs89.91 Billion | Rs3.74 Billion | Rs185.25 Billion | ▼ -1.9 pp |
| 2015 | 97.7% | Rs81.23 Billion | Rs1.85 Billion | Rs157.26 Billion | ▲ +0.4 pp |
| 2014 | 97.4% | Rs72.24 Billion | Rs1.90 Billion | Rs149.76 Billion | ▼ -1.2 pp |
| 2013 | 98.6% | Rs64.91 Billion | Rs926.38 Million | Rs148.51 Billion | ▼ -0.9 pp |
| 2012 | 99.4% | Rs59.05 Billion | Rs330.30 Million | Rs150.41 Billion | ▼ -0.5 pp |
| 2011 | 100.0% | Rs51.35 Billion | Rs22.05 Million | Rs133.84 Billion | ▲ +0.1 pp |
| 2010 | 99.9% | Rs44.58 Billion | Rs48.79 Million | Rs94.85 Billion | ▲ +0.2 pp |
| 2009 | 99.7% | Rs39.01 Billion | Rs131.96 Million | Rs86.74 Billion | ▼ -0.1 pp |
| 2008 | 99.7% | Rs33.24 Billion | Rs90.86 Million | Rs70.91 Billion | ▼ -0.1 pp |
| 2007 | 99.8% | Rs26.72 Billion | Rs52.43 Million | Rs59.81 Billion | ▼ -0.1 pp |
| 2006 | 99.9% | Rs21.16 Billion | Rs17.27 Million | Rs53.15 Billion | ▼ -0.1 pp |
| 2005 | 100.0% | Rs16.53 Billion | Rs0.00 | Rs44.39 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | Rs13.01 Billion | Rs0.00 | Rs42.08 Billion | — |