Essar Shipping Limited (ESSARSHPNG) — Tangible Net Worth Ratio

Latest as of March 2018: 100.0%

Essar Shipping Limited (ESSARSHPNG) has a Tangible Net Worth Ratio of 100.0% as of March 2018. This metric is calculated by deducting intangible assets (Rs0.00) from net assets (Rs15.62 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 ESSARSHPNG working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

Rs15.62 Billion
INR

Intangible Assets

Rs0.00
Goodwill, patents, brand value

Total Assets

Rs76.45 Billion
INR

Essar Shipping Limited Tangible Net Worth Ratio (2011–2018)

This chart shows how Essar Shipping Limited's Tangible Net Worth Ratio has changed across 8 annual periods from 2011 to 2018. As of March 2018, the ratio stands at 100.0%, reflecting net assets of Rs15.62 Billion with intangible assets of Rs0.00 INR. See Essar Shipping Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Essar Shipping Limited (2011–2018)

The table below presents the year-by-year Tangible Net Worth Ratio for Essar Shipping Limited from 2011 to 2018, covering 8 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 Essar Shipping Limited (ESSARSHPNG) market capitalisation.

Year Tangible NW Ratio Net Assets (INR) Intangible Assets Total Assets Change (pp)
2018 100.0% Rs15.62 Billion Rs0.00 Rs76.45 Billion ▲ +0.0 pp
2017 100.0% Rs26.35 Billion Rs0.00 Rs94.96 Billion ▲ +82.5 pp
2016 17.5% Rs33.33 Billion Rs27.51 Billion Rs101.63 Billion ▼ -82.5 pp
2015 100.0% Rs68.80 Billion Rs0.00 Rs134.52 Billion ▲ +0.0 pp
2014 100.0% Rs70.89 Billion Rs0.00 Rs140.43 Billion ▲ +0.0 pp
2013 100.0% Rs67.68 Billion Rs0.00 Rs134.24 Billion ▲ +0.0 pp
2012 100.0% Rs54.96 Billion Rs0.00 Rs120.19 Billion ▲ +0.0 pp
2011 100.0% Rs52.42 Billion Rs0.00 Rs108.33 Billion
pp = percentage points