Thyrocare Technologies Limited (THYROCARE) — Tangible Net Worth Ratio
Thyrocare Technologies Limited (THYROCARE) has a Tangible Net Worth Ratio of 99.4% as of March 2026. This metric is calculated by deducting intangible assets (Rs34.90 Million) from net assets (Rs5.86 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 shareholders equity of Thyrocare Technologies Limited for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Thyrocare Technologies Limited Tangible Net Worth Ratio (2011–2026)
This chart shows how Thyrocare Technologies Limited's Tangible Net Worth Ratio has changed across 16 annual periods from 2011 to 2026. As of March 2026, the ratio stands at 99.4%, reflecting net assets of Rs5.86 Billion with intangible assets of Rs34.90 Million INR. Also explore Thyrocare Technologies Limited equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Thyrocare Technologies Limited (2011–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Thyrocare Technologies Limited from 2011 to 2026, covering 16 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 Thyrocare Technologies Limited (THYROCARE) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 99.4% | Rs5.86 Billion | Rs34.90 Million | Rs7.47 Billion | ▲ +0.3 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 | — |