Thyrocare Technologies Limited (THYROCARE) — Tangible Net Worth Ratio
Thyrocare Technologies Limited (THYROCARE) has a Tangible Net Worth Ratio of 99.2% as of September 2025. This metric is calculated by deducting intangible assets (Rs42.10 Million) from net assets (Rs5.34 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 Thyrocare Technologies Limited short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Thyrocare Technologies Limited Tangible Net Worth Ratio (2011–2025)
This chart shows how Thyrocare Technologies Limited's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of September 2025, the ratio stands at 99.2%, reflecting net assets of Rs5.34 Billion with intangible assets of Rs42.10 Million INR. See THYROCARE days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Thyrocare Technologies Limited (2011–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Thyrocare Technologies Limited from 2011 to 2025, 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 value of Thyrocare Technologies Limited.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.1% | Rs5.47 Billion | Rs48.40 Million | Rs6.93 Billion | ▼ -0.8 pp |
| 2024 | 99.9% | Rs5.28 Billion | Rs6.90 Million | Rs6.44 Billion | ▲ +0.0 pp |
| 2023 | 99.9% | Rs5.35 Billion | Rs7.90 Million | Rs6.33 Billion | ▲ +0.0 pp |
| 2022 | 99.8% | Rs5.27 Billion | Rs8.30 Million | Rs6.08 Billion | ▲ +0.1 pp |
| 2021 | 99.8% | Rs4.27 Billion | Rs9.70 Million | Rs5.46 Billion | ▲ +0.1 pp |
| 2020 | 99.7% | Rs3.67 Billion | Rs11.60 Million | Rs4.69 Billion | ▲ +0.1 pp |
| 2019 | 99.6% | Rs4.35 Billion | Rs16.60 Million | Rs4.75 Billion | ▲ +0.0 pp |
| 2018 | 99.6% | Rs4.43 Billion | Rs17.07 Million | Rs4.79 Billion | ▼ -0.2 pp |
| 2017 | 99.8% | Rs4.07 Billion | Rs6.47 Million | Rs4.36 Billion | ▲ +0.2 pp |
| 2016 | 99.7% | Rs3.66 Billion | Rs12.61 Million | Rs4.10 Billion | ▲ +0.2 pp |
| 2015 | 99.5% | Rs3.11 Billion | Rs15.90 Million | Rs3.30 Billion | ▼ -0.1 pp |
| 2014 | 99.6% | Rs2.06 Billion | Rs8.59 Million | Rs2.46 Billion | ▲ +0.1 pp |
| 2013 | 99.5% | Rs1.60 Billion | Rs7.93 Million | Rs1.97 Billion | ▲ +3.2 pp |
| 2012 | 96.3% | Rs1.02 Billion | Rs37.87 Million | Rs1.37 Billion | ▲ +2.4 pp |
| 2011 | 93.9% | Rs675.33 Million | Rs41.02 Million | Rs1.01 Billion | — |