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. Also explore net asset growth rate of Morarjee Textiles Limited to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see Morarjee Textiles Limited stock valuation.
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. Explore MORARJEE capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |