Sun Pharma Advanced Research Company Limited (SPARC) — Tangible Net Worth Ratio
Sun Pharma Advanced Research Company Limited (SPARC) has a Tangible Net Worth Ratio of 66.0% as of March 2024. This metric is calculated by deducting intangible assets (Rs427.20 Million) from net assets (Rs1.26 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 Sun Pharma Advanced Research Company Lim (SPARC) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Sun Pharma Advanced Research Company Limited Tangible Net Worth Ratio (2007–2024)
This chart shows how Sun Pharma Advanced Research Company Limited's Tangible Net Worth Ratio has changed across 15 annual periods from 2007 to 2024. As of March 2024, the ratio stands at 66.0%, reflecting net assets of Rs1.26 Billion with intangible assets of Rs427.20 Million INR. See Sun Pharma Advanced Research Company Lim (SPARC) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Sun Pharma Advanced Research Company Limited (2007–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Sun Pharma Advanced Research Company Limited from 2007 to 2024, covering 15 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 market cap of Sun Pharma Advanced Research Company Lim.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 66.0% | Rs1.26 Billion | Rs427.12 Million | Rs5.15 Billion | ▼ -29.0 pp |
| 2023 | 95.0% | Rs5.13 Billion | Rs254.70 Million | Rs8.30 Billion | ▲ +69.1 pp |
| 2022 | 26.0% | Rs312.26 Million | Rs231.16 Million | Rs2.80 Billion | ▼ -73.8 pp |
| 2019 | 99.8% | Rs2.96 Billion | Rs5.71 Million | Rs3.98 Billion | ▼ -0.1 pp |
| 2018 | 99.9% | Rs1.85 Billion | Rs2.26 Million | Rs3.09 Billion | ▼ -0.1 pp |
| 2017 | 100.0% | Rs1.60 Billion | Rs0.00 | Rs2.74 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | Rs299.03 Million | Rs0.00 | Rs1.63 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | Rs997.99 Million | Rs0.00 | Rs1.43 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | Rs1.39 Billion | Rs0.00 | Rs1.84 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | Rs1.08 Billion | Rs0.00 | Rs2.09 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | Rs56.23 Million | Rs0.00 | Rs774.98 Million | ▲ +0.0 pp |
| 2010 | 100.0% | Rs141.24 Million | Rs0.00 | Rs722.39 Million | ▲ +0.0 pp |
| 2009 | 100.0% | Rs356.78 Million | Rs0.00 | Rs615.53 Million | ▲ +0.0 pp |
| 2008 | 100.0% | Rs448.18 Million | Rs0.00 | Rs615.09 Million | ▲ +0.0 pp |
| 2007 | 100.0% | Rs497.01 Million | Rs0.00 | Rs552.58 Million | — |