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 how liquid is Morarjee Textiles Limited's working capital to evaluate short-term liquidity relative to the company's equity base.
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. See how many days can Morarjee Textiles Limited fund operations to measure how many days the company can operate on defensive assets alone.
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 how much is Morarjee Textiles Limited worth.
| 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 | — |