GENSOL ENGINEERING ORD (BSE) (GENSOL) — Tangible Net Worth Ratio
GENSOL ENGINEERING ORD (BSE) (GENSOL) has a Tangible Net Worth Ratio of 99.2% as of September 2024. This metric is calculated by deducting intangible assets (Rs50.90 Million) from net assets (Rs6.01 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 GENSOL ENGINEERING ORD (BSE) 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
GENSOL ENGINEERING ORD (BSE) Tangible Net Worth Ratio (2016–2024)
This chart shows how GENSOL ENGINEERING ORD (BSE)'s Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of September 2024, the ratio stands at 99.2%, reflecting net assets of Rs6.01 Billion with intangible assets of Rs50.90 Million INR. See GENSOL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for GENSOL ENGINEERING ORD (BSE) (2016–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for GENSOL ENGINEERING ORD (BSE) from 2016 to 2024, covering 9 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 GENSOL ENGINEERING ORD (BSE) stock valuation.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.5% | Rs3.13 Billion | Rs47.60 Million | Rs23.28 Billion | ▲ +0.5 pp |
| 2023 | 98.0% | Rs2.10 Billion | Rs41.50 Million | Rs9.94 Billion | ▼ -1.9 pp |
| 2022 | 99.9% | Rs464.90 Million | Rs300.00K | Rs2.08 Billion | ▲ +0.1 pp |
| 2021 | 99.8% | Rs363.67 Million | Rs622.00K | Rs697.83 Million | ▲ +0.2 pp |
| 2020 | 99.7% | Rs350.73 Million | Rs1.13 Million | Rs738.28 Million | ▲ +0.6 pp |
| 2019 | 99.1% | Rs130.42 Million | Rs1.16 Million | Rs428.87 Million | ▲ +0.6 pp |
| 2018 | 98.5% | Rs65.51 Million | Rs974.00K | Rs264.37 Million | ▼ -1.5 pp |
| 2017 | 100.0% | Rs12.09 Million | Rs0.00 | Rs99.68 Million | ▲ +0.0 pp |
| 2016 | 100.0% | Rs1.46 Million | Rs0.00 | Rs54.99 Million | — |