MT Educare Limited (MTEDUCARE) — Tangible Net Worth Ratio
MT Educare Limited (MTEDUCARE) has a Tangible Net Worth Ratio of -335.5% as of September 2024. This metric is calculated by deducting intangible assets (Rs758.71 Million) from net assets (Rs174.23 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 MT Educare 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
MT Educare Limited Tangible Net Worth Ratio (2011–2024)
This chart shows how MT Educare Limited's Tangible Net Worth Ratio has changed across 14 annual periods from 2011 to 2024. As of September 2024, the ratio stands at -335.5%, reflecting net assets of Rs174.23 Million with intangible assets of Rs758.71 Million INR. See MTEDUCARE days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for MT Educare Limited (2011–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for MT Educare Limited from 2011 to 2024, 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 MT Educare Limited (MTEDUCARE) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.9% | Rs294.21 Million | Rs412.00K | Rs2.91 Billion | ▲ +0.0 pp |
| 2023 | 99.8% | Rs568.29 Million | Rs945.00K | Rs2.94 Billion | ▲ +0.0 pp |
| 2022 | 99.8% | Rs1.18 Billion | Rs2.19 Million | Rs3.33 Billion | ▲ +0.5 pp |
| 2021 | 99.3% | Rs1.43 Billion | Rs9.33 Million | Rs3.77 Billion | ▲ +0.8 pp |
| 2020 | 98.5% | Rs1.73 Billion | Rs25.65 Million | Rs4.28 Billion | ▲ +2.1 pp |
| 2019 | 96.4% | Rs2.19 Billion | Rs77.95 Million | Rs4.54 Billion | ▲ +4.4 pp |
| 2018 | 92.1% | Rs2.05 Billion | Rs162.61 Million | Rs4.74 Billion | ▲ +9.3 pp |
| 2017 | 82.8% | Rs1.66 Billion | Rs285.93 Million | Rs3.92 Billion | ▼ -3.8 pp |
| 2016 | 86.6% | Rs1.49 Billion | Rs199.81 Million | Rs2.78 Billion | ▼ -5.4 pp |
| 2015 | 92.0% | Rs1.26 Billion | Rs101.34 Million | Rs2.14 Billion | ▼ -2.5 pp |
| 2014 | 94.4% | Rs1.11 Billion | Rs62.10 Million | Rs1.83 Billion | ▼ -1.0 pp |
| 2013 | 95.4% | Rs1.01 Billion | Rs46.24 Million | Rs1.78 Billion | ▲ +0.6 pp |
| 2012 | 94.8% | Rs571.82 Million | Rs29.75 Million | Rs1.30 Billion | ▲ +1.2 pp |
| 2011 | 93.6% | Rs480.65 Million | Rs30.76 Million | Rs1.06 Billion | — |