Vardhman Polytex Limited (VARDMNPOLY) — Tangible Net Worth Ratio

Latest as of March 2014: 81.4%

Vardhman Polytex Limited (VARDMNPOLY) has a Tangible Net Worth Ratio of 81.4% as of March 2014. This metric is calculated by deducting intangible assets (Rs119.88 Million) from net assets (Rs645.18 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 working capital to net assets of Vardhman Polytex Limited to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

81.4%
Tangible equity / total equity

Net Assets (Equity)

Rs645.18 Million
INR

Intangible Assets

Rs119.88 Million
Goodwill, patents, brand value

Total Assets

Rs8.50 Billion
INR

Vardhman Polytex Limited Tangible Net Worth Ratio (2006–2015)

This chart shows how Vardhman Polytex Limited's Tangible Net Worth Ratio has changed across 10 annual periods from 2006 to 2015. As of March 2014, the ratio stands at 81.4%, reflecting net assets of Rs645.18 Million with intangible assets of Rs119.88 Million INR. See operational self-sufficiency of Vardhman Polytex Limited to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Vardhman Polytex Limited (2006–2015)

The table below presents the year-by-year Tangible Net Worth Ratio for Vardhman Polytex Limited from 2006 to 2015, covering 10 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 VARDMNPOLY market cap.

Year Tangible NW Ratio Net Assets (INR) Intangible Assets Total Assets Change (pp)
2015 67.4% Rs284.01 Million Rs92.53 Million Rs7.58 Billion ▼ -14.0 pp
2014 81.4% Rs645.18 Million Rs119.88 Million Rs8.19 Billion ▲ +11.6 pp
2013 69.8% Rs477.61 Million Rs144.25 Million Rs8.23 Billion ▲ +17.9 pp
2012 51.9% Rs366.97 Million Rs176.36 Million Rs7.81 Billion ▼ -48.1 pp
2011 100.0% Rs1.39 Billion Rs0.00 Rs8.68 Billion ▲ +0.0 pp
2010 100.0% Rs974.23 Million Rs0.00 Rs7.38 Billion ▲ +0.0 pp
2009 100.0% Rs1.50 Billion Rs0.00 Rs6.64 Billion ▲ +0.0 pp
2008 100.0% Rs1.58 Billion Rs0.00 Rs8.17 Billion ▲ +0.0 pp
2007 100.0% Rs1.67 Billion Rs0.00 Rs5.32 Billion ▲ +32.2 pp
2006 67.8% Rs1.58 Billion Rs507.92 Million Rs4.09 Billion
pp = percentage points