Siti Networks Limited (SITINET) — Tangible Net Worth Ratio
Siti Networks Limited (SITINET) has a Tangible Net Worth Ratio of 92.0% as of December 2021. This metric is calculated by deducting intangible assets (Rs1.10 Billion) from net assets (Rs13.76 Billion) 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 Siti Networks Limited current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Siti Networks Limited Tangible Net Worth Ratio (2007–2020)
This chart shows how Siti Networks Limited's Tangible Net Worth Ratio has changed across 12 annual periods from 2007 to 2020. As of December 2021, the ratio stands at 92.0%, reflecting net assets of Rs13.76 Billion with intangible assets of Rs1.10 Billion INR. See defensive interval ratio of Siti Networks Limited to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Siti Networks Limited (2007–2020)
The table below presents the year-by-year Tangible Net Worth Ratio for Siti Networks Limited from 2007 to 2020, covering 12 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 Siti Networks Limited (SITINET) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2020 | -84.9% | Rs1.14 Billion | Rs2.11 Billion | Rs24.23 Billion | ▼ -104.2 pp |
| 2019 | 19.3% | Rs3.03 Billion | Rs2.44 Billion | Rs28.14 Billion | ▼ -22.5 pp |
| 2018 | 41.7% | Rs4.59 Billion | Rs2.67 Billion | Rs30.90 Billion | ▼ -15.9 pp |
| 2017 | 57.6% | Rs6.29 Billion | Rs2.67 Billion | Rs31.40 Billion | ▼ -7.5 pp |
| 2016 | 65.1% | Rs7.22 Billion | Rs2.52 Billion | Rs30.10 Billion | ▲ +56.0 pp |
| 2015 | 9.1% | Rs2.51 Billion | Rs2.28 Billion | Rs22.36 Billion | ▲ +46.0 pp |
| 2014 | -36.9% | Rs1.39 Billion | Rs1.91 Billion | Rs18.23 Billion | ▼ -98.8 pp |
| 2011 | 61.9% | Rs217.34 Million | Rs82.83 Million | Rs5.64 Billion | ▼ -31.2 pp |
| 2010 | 93.0% | Rs2.40 Billion | Rs166.86 Million | Rs9.13 Billion | ▲ +49.9 pp |
| 2009 | 43.1% | Rs311.26 Million | Rs176.99 Million | Rs7.39 Billion | ▼ -38.6 pp |
| 2008 | 81.7% | Rs295.59 Million | Rs53.99 Million | Rs5.53 Billion | ▼ -8.4 pp |
| 2007 | 90.2% | Rs570.37 Million | Rs56.10 Million | Rs4.76 Billion | — |