Future Retail Limited (FRETAIL) — Tangible Net Worth Ratio
Future Retail Limited (FRETAIL) has a Tangible Net Worth Ratio of 54.5% as of March 2021. This metric is calculated by deducting intangible assets (Rs4.98 Billion) from net assets (Rs10.94 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 Future Retail Limited 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
Future Retail Limited Tangible Net Worth Ratio (2016–2021)
This chart shows how Future Retail Limited's Tangible Net Worth Ratio has changed across 6 annual periods from 2016 to 2021. As of March 2021, the ratio stands at 54.5%, reflecting net assets of Rs10.94 Billion with intangible assets of Rs4.98 Billion INR. See Future Retail Limited (FRETAIL) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Future Retail Limited (2016–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Future Retail Limited from 2016 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 market cap of Future Retail Limited.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | 54.5% | Rs10.94 Billion | Rs4.98 Billion | Rs190.25 Billion | ▼ -32.4 pp |
| 2020 | 86.9% | Rs41.83 Billion | Rs5.49 Billion | Rs215.38 Billion | ▲ +3.0 pp |
| 2019 | 83.9% | Rs38.47 Billion | Rs6.21 Billion | Rs105.87 Billion | ▲ +1.3 pp |
| 2018 | 82.6% | Rs30.96 Billion | Rs5.39 Billion | Rs81.94 Billion | ▲ +0.9 pp |
| 2017 | 81.7% | Rs25.54 Billion | Rs4.68 Billion | Rs69.38 Billion | ▼ -4.4 pp |
| 2016 | 86.1% | Rs18.74 Billion | Rs2.61 Billion | Rs55.85 Billion | — |