Shrenik Limited (SHRENIK) — Tangible Net Worth Ratio
Shrenik Limited (SHRENIK) has a Tangible Net Worth Ratio of 100.0% as of September 2023. This metric is calculated by deducting intangible assets (Rs0.00) from net assets (Rs589.71 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 Shrenik Limited working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shrenik Limited Tangible Net Worth Ratio (2013–2023)
This chart shows how Shrenik Limited's Tangible Net Worth Ratio has changed across 11 annual periods from 2013 to 2023. As of September 2023, the ratio stands at 100.0%, reflecting net assets of Rs589.71 Million with intangible assets of Rs0.00 INR. See Shrenik Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Shrenik Limited (2013–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Shrenik Limited from 2013 to 2023, covering 11 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 SHRENIK stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | Rs594.63 Million | Rs110.11K | Rs2.64 Billion | ▼ 0.0 pp |
| 2022 | 100.0% | Rs592.34 Million | Rs81.00K | Rs3.59 Billion | ▼ 0.0 pp |
| 2021 | 100.0% | Rs735.44 Million | Rs81.00K | Rs3.54 Billion | ▼ 0.0 pp |
| 2020 | 100.0% | Rs746.01 Million | Rs81.00K | Rs3.32 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | Rs635.76 Million | Rs81.00K | Rs2.97 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | Rs550.94 Million | Rs81.00K | Rs2.05 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | Rs278.20 Million | Rs139.00K | Rs1.45 Billion | ▲ +0.0 pp |
| 2016 | 99.9% | Rs236.32 Million | Rs135.00K | Rs1.13 Billion | ▲ +0.1 pp |
| 2015 | 99.8% | Rs80.89 Million | Rs156.00K | Rs802.38 Million | ▼ 0.0 pp |
| 2014 | 99.8% | Rs67.13 Million | Rs113.00K | Rs727.67 Million | ▼ -0.2 pp |
| 2013 | 100.0% | Rs60.99 Million | Rs0.00 | Rs511.90 Million | — |