Sintex Plastics Technology Limited (SPTL) — Tangible Net Worth Ratio

Latest as of September 2022: -2703.7%

Sintex Plastics Technology Limited (SPTL) has a Tangible Net Worth Ratio of -2703.7% as of September 2022. This metric is calculated by deducting intangible assets (Rs7.06 Billion) from net assets (Rs251.70 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 Sintex Plastics Technology Limited (SPTL) net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

-2703.7%
Tangible equity / total equity

Net Assets (Equity)

Rs251.70 Million
INR

Intangible Assets

Rs7.06 Billion
Goodwill, patents, brand value

Total Assets

Rs38.07 Billion
INR

Sintex Plastics Technology Limited Tangible Net Worth Ratio (2006–2022)

This chart shows how Sintex Plastics Technology Limited's Tangible Net Worth Ratio has changed across 17 annual periods from 2006 to 2022. As of September 2022, the ratio stands at -2703.7%, reflecting net assets of Rs251.70 Million with intangible assets of Rs7.06 Billion INR. Also explore SPTL year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Sintex Plastics Technology Limited (2006–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Sintex Plastics Technology Limited from 2006 to 2022, covering 17 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 SPTL stock market capitalisation.

Year Tangible NW Ratio Net Assets (INR) Intangible Assets Total Assets Change (pp)
2022 -1039.6% Rs620.00 Million Rs7.07 Billion Rs38.29 Billion ▼ -1053.9 pp
2021 14.3% Rs8.27 Billion Rs7.09 Billion Rs56.26 Billion ▼ -38.4 pp
2020 52.7% Rs15.04 Billion Rs7.11 Billion Rs58.18 Billion ▼ -4.7 pp
2019 57.4% Rs35.78 Billion Rs15.25 Billion Rs88.30 Billion ▲ +1.8 pp
2018 55.6% Rs34.34 Billion Rs15.26 Billion Rs88.30 Billion ▲ +4.4 pp
2017 51.1% Rs31.16 Billion Rs15.22 Billion Rs89.45 Billion ▼ -48.5 pp
2016 99.6% Rs4.15 Billion Rs14.64 Million Rs9.38 Billion ▲ +0.1 pp
2015 99.6% Rs3.93 Billion Rs16.67 Million Rs8.81 Billion ▲ +0.2 pp
2014 99.4% Rs3.64 Billion Rs22.28 Million Rs9.84 Billion ▲ +0.0 pp
2013 99.4% Rs3.53 Billion Rs21.79 Million Rs10.28 Billion ▲ +0.2 pp
2012 99.2% Rs3.08 Billion Rs23.67 Million Rs10.48 Billion ▼ -0.8 pp
2011 100.0% Rs2.93 Billion Rs0.00 Rs9.87 Billion ▲ +0.0 pp
2010 100.0% Rs2.36 Billion Rs0.00 Rs7.85 Billion ▲ +0.0 pp
2009 100.0% Rs1.96 Billion Rs0.00 Rs6.33 Billion ▲ +0.0 pp
2008 100.0% Rs1.89 Billion Rs0.00 Rs6.07 Billion ▲ +0.0 pp
2007 100.0% Rs1.78 Billion Rs0.00 Rs5.39 Billion ▲ +0.0 pp
2006 100.0% Rs1.57 Billion Rs0.00 Rs5.67 Billion
pp = percentage points