Morarjee Textiles Limited (MORARJEE) — Tangible Net Worth Ratio
Morarjee Textiles Limited (MORARJEE) has a Tangible Net Worth Ratio of 94.1% as of September 2020. This metric is calculated by deducting intangible assets (Rs13.20 Million) from net assets (Rs222.00 Million) 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 MORARJEE net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Morarjee Textiles Limited Tangible Net Worth Ratio (2004–2020)
This chart shows how Morarjee Textiles Limited's Tangible Net Worth Ratio has changed across 17 annual periods from 2004 to 2020. As of September 2020, the ratio stands at 94.1%, reflecting net assets of Rs222.00 Million with intangible assets of Rs13.20 Million INR. Also explore net asset growth rate of Morarjee Textiles Limited to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Morarjee Textiles Limited (2004–2020)
The table below presents the year-by-year Tangible Net Worth Ratio for Morarjee Textiles Limited from 2004 to 2020, covering 17 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 Morarjee Textiles Limited (MORARJEE) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2020 | 97.6% | Rs568.81 Million | Rs13.89 Million | Rs6.85 Billion | ▼ -0.5 pp |
| 2019 | 98.1% | Rs833.12 Million | Rs16.22 Million | Rs7.23 Billion | ▼ -0.3 pp |
| 2018 | 98.3% | Rs1.08 Billion | Rs17.78 Million | Rs7.33 Billion | ▼ -0.6 pp |
| 2017 | 98.9% | Rs1.58 Billion | Rs17.32 Million | Rs7.52 Billion | ▲ +0.1 pp |
| 2016 | 98.8% | Rs1.41 Billion | Rs16.91 Million | Rs6.14 Billion | ▲ +0.0 pp |
| 2015 | 98.8% | Rs1.33 Billion | Rs16.22 Million | Rs4.26 Billion | ▼ -0.1 pp |
| 2014 | 98.9% | Rs1.23 Billion | Rs13.98 Million | Rs4.11 Billion | ▲ +1.8 pp |
| 2013 | 97.0% | Rs1.07 Billion | Rs32.02 Million | Rs3.98 Billion | ▲ +0.3 pp |
| 2012 | 96.7% | Rs1.00 Billion | Rs32.90 Million | Rs3.77 Billion | ▲ +2.4 pp |
| 2011 | 94.3% | Rs836.67 Million | Rs47.45 Million | Rs4.06 Billion | ▲ +96.1 pp |
| 2010 | -1.8% | Rs648.24 Million | Rs660.05 Million | Rs4.05 Billion | ▲ +101.7 pp |
| 2009 | -103.5% | Rs417.21 Million | Rs849.02 Million | Rs4.02 Billion | ▼ -108.8 pp |
| 2008 | 5.3% | Rs891.90 Million | Rs844.22 Million | Rs4.12 Billion | ▼ -92.3 pp |
| 2007 | 97.7% | Rs1.08 Billion | Rs25.04 Million | Rs3.71 Billion | ▲ +2.9 pp |
| 2006 | 94.8% | Rs441.09 Million | Rs23.12 Million | Rs2.43 Billion | ▲ +1.2 pp |
| 2005 | 93.5% | Rs377.97 Million | Rs24.44 Million | Rs1.83 Billion | ▼ -6.5 pp |
| 2004 | 100.0% | Rs339.42 Million | Rs0.00 | Rs1.86 Billion | — |