Shree Rama Newsprint Limited (RAMANEWS) — Tangible Net Worth Ratio

Latest as of September 2024: 99.9%

Shree Rama Newsprint Limited (RAMANEWS) has a Tangible Net Worth Ratio of 99.9% as of September 2024. This metric is calculated by deducting intangible assets (Rs935.00K) from net assets (Rs720.72 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 RAMANEWS net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

99.9%
Tangible equity / total equity

Net Assets (Equity)

Rs720.72 Million
INR

Intangible Assets

Rs935.00K
Goodwill, patents, brand value

Total Assets

Rs5.93 Billion
INR

Shree Rama Newsprint Limited Tangible Net Worth Ratio (2006–2024)

This chart shows how Shree Rama Newsprint Limited's Tangible Net Worth Ratio has changed across 18 annual periods from 2006 to 2024. As of September 2024, the ratio stands at 99.9%, reflecting net assets of Rs720.72 Million with intangible assets of Rs935.00K INR. See RAMANEWS cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Shree Rama Newsprint Limited (2006–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Shree Rama Newsprint Limited from 2006 to 2024, covering 18 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 Shree Rama Newsprint Limited (RAMANEWS) market capitalisation.

Year Tangible NW Ratio Net Assets (INR) Intangible Assets Total Assets Change (pp)
2024 99.9% Rs921.80 Million Rs1.01 Million Rs6.00 Billion ▼ 0.0 pp
2023 99.9% Rs1.40 Billion Rs1.16 Million Rs6.25 Billion ▼ 0.0 pp
2022 99.9% Rs2.59 Billion Rs1.31 Million Rs8.04 Billion ▼ 0.0 pp
2021 100.0% Rs3.28 Billion Rs1.56 Million Rs8.71 Billion ▲ +0.0 pp
2020 99.9% Rs4.05 Billion Rs3.62 Million Rs8.91 Billion ▲ +0.0 pp
2019 99.9% Rs4.50 Billion Rs5.68 Million Rs8.63 Billion ▲ +0.2 pp
2018 99.6% Rs4.12 Billion Rs15.47 Million Rs7.93 Billion ▼ -0.2 pp
2017 99.8% Rs4.42 Billion Rs9.79 Million Rs7.98 Billion ▲ +6.0 pp
2016 93.8% Rs173.61 Million Rs10.82 Million Rs4.34 Billion ▼ -6.2 pp
2014 100.0% Rs373.48 Million Rs0.00 Rs5.26 Billion ▲ +0.0 pp
2013 100.0% Rs528.57 Million Rs0.00 Rs5.11 Billion ▲ +0.0 pp
2012 100.0% Rs1.10 Billion Rs0.00 Rs5.25 Billion ▲ +0.0 pp
2011 100.0% Rs811.35 Million Rs0.00 Rs4.37 Billion ▲ +0.0 pp
2010 100.0% Rs2.21 Billion Rs0.00 Rs5.54 Billion ▲ +0.0 pp
2009 100.0% Rs2.78 Billion Rs0.00 Rs5.88 Billion ▲ +0.0 pp
2008 100.0% Rs3.05 Billion Rs0.00 Rs6.03 Billion ▲ +0.0 pp
2007 100.0% Rs3.04 Billion Rs0.00 Rs6.94 Billion ▲ +0.0 pp
2006 100.0% Rs2.80 Billion Rs0.00 Rs7.14 Billion
pp = percentage points