MAS Financial Services Limited (MASFIN) — Tangible Net Worth Ratio
MAS Financial Services Limited (MASFIN) has a Tangible Net Worth Ratio of 99.8% as of September 2025. This metric is calculated by deducting intangible assets (Rs53.90 Million) from net assets (Rs28.53 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 working capital position of MAS Financial Services Limited to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
MAS Financial Services Limited Tangible Net Worth Ratio (2012–2025)
This chart shows how MAS Financial Services Limited's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of September 2025, the ratio stands at 99.8%, reflecting net assets of Rs28.53 Billion with intangible assets of Rs53.90 Million INR. See MASFIN defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for MAS Financial Services Limited (2012–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for MAS Financial Services Limited from 2012 to 2025, covering 14 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 MAS Financial Services Limited.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.9% | Rs26.50 Billion | Rs25.60 Million | Rs121.99 Billion | ▼ 0.0 pp |
| 2024 | 99.9% | Rs18.19 Billion | Rs12.50 Million | Rs95.47 Billion | ▲ +0.0 pp |
| 2023 | 99.9% | Rs15.45 Billion | Rs13.60 Million | Rs80.14 Billion | ▼ -0.1 pp |
| 2022 | 100.0% | Rs13.40 Billion | Rs2.59 Million | Rs63.22 Billion | ▼ 0.0 pp |
| 2021 | 100.0% | Rs12.00 Billion | Rs925.00K | Rs54.30 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | Rs10.66 Billion | Rs1.18 Million | Rs48.04 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | Rs9.40 Billion | Rs1.20 Million | Rs39.96 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | Rs7.35 Billion | Rs1.91 Million | Rs28.67 Billion | ▲ +0.0 pp |
| 2017 | 99.9% | Rs1.90 Billion | Rs1.38 Million | Rs22.00 Billion | ▼ -0.1 pp |
| 2016 | 100.0% | Rs2.44 Billion | Rs0.00 | Rs19.46 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | Rs2.07 Billion | Rs0.00 | Rs15.72 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | Rs1.77 Billion | Rs610.00K | Rs11.33 Billion | ▲ +0.0 pp |
| 2013 | 99.9% | Rs1.52 Billion | Rs930.00K | Rs8.02 Billion | ▼ -0.1 pp |
| 2012 | 100.0% | Rs1.29 Billion | Rs0.00 | Rs6.04 Billion | — |