TRF Limited (TRF) — Tangible Net Worth Ratio
TRF Limited (TRF) has a Tangible Net Worth Ratio of 99.7% as of September 2025. This metric is calculated by deducting intangible assets (Rs2.31 Million) from net assets (Rs850.89 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 TRF current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
TRF Limited Tangible Net Worth Ratio (2005–2025)
This chart shows how TRF Limited's Tangible Net Worth Ratio has changed across 13 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 99.7%, reflecting net assets of Rs850.89 Million with intangible assets of Rs2.31 Million INR. See TRF Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for TRF Limited (2005–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for TRF Limited from 2005 to 2025, covering 13 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 TRF Limited market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.7% | Rs834.68 Million | Rs2.63 Million | Rs3.39 Billion | ▼ -0.2 pp |
| 2024 | 99.9% | Rs390.64 Million | Rs354.00K | Rs3.10 Billion | ▲ +0.6 pp |
| 2023 | 99.3% | Rs219.84 Million | Rs1.52 Million | Rs3.27 Billion | ▲ +5.4 pp |
| 2014 | 93.9% | Rs621.47 Million | Rs37.89 Million | Rs13.07 Billion | ▼ -0.4 pp |
| 2013 | 94.3% | Rs816.61 Million | Rs46.87 Million | Rs13.76 Billion | ▼ -2.2 pp |
| 2012 | 96.5% | Rs1.68 Billion | Rs59.14 Million | Rs12.29 Billion | ▲ +3.8 pp |
| 2011 | 92.7% | Rs2.13 Billion | Rs156.14 Million | Rs9.19 Billion | ▼ -2.2 pp |
| 2010 | 94.9% | Rs2.07 Billion | Rs106.45 Million | Rs8.92 Billion | ▼ 0.0 pp |
| 2009 | 94.9% | Rs1.65 Billion | Rs84.97 Million | Rs6.34 Billion | ▲ +1.1 pp |
| 2008 | 93.8% | Rs1.28 Billion | Rs79.44 Million | Rs4.94 Billion | ▲ +0.2 pp |
| 2007 | 93.6% | Rs556.20 Million | Rs35.65 Million | Rs2.89 Billion | ▲ +1.3 pp |
| 2006 | 92.3% | Rs427.25 Million | Rs33.07 Million | Rs2.00 Billion | ▲ +0.7 pp |
| 2005 | 91.6% | Rs381.60 Million | Rs32.06 Million | Rs1.92 Billion | — |