Veto Switchgears And Cables Limited (VETO) — Tangible Net Worth Ratio
Veto Switchgears And Cables Limited (VETO) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (Rs0.00) from net assets (Rs2.77 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 Veto Switchgears And Cables Limited working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Veto Switchgears And Cables Limited Tangible Net Worth Ratio (2010–2025)
This chart shows how Veto Switchgears And Cables Limited's Tangible Net Worth Ratio has changed across 16 annual periods from 2010 to 2025. As of September 2025, the ratio stands at 100.0%, reflecting net assets of Rs2.77 Billion with intangible assets of Rs0.00 INR. See Veto Switchgears And Cables Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Veto Switchgears And Cables Limited (2010–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Veto Switchgears And Cables Limited from 2010 to 2025, 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 how much is Veto Switchgears And Cables Limited worth.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | Rs2.67 Billion | Rs0.00 | Rs3.32 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | Rs2.47 Billion | Rs0.00 | Rs3.06 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | Rs2.34 Billion | Rs11.00K | Rs3.21 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | Rs2.13 Billion | Rs11.00K | Rs3.09 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | Rs1.94 Billion | Rs11.00K | Rs2.74 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | Rs1.78 Billion | Rs10.78K | Rs2.20 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | Rs1.67 Billion | Rs10.78K | Rs2.20 Billion | ▼ 0.0 pp |
| 2018 | 100.0% | Rs1.48 Billion | Rs2.80K | Rs2.02 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | Rs1.01 Billion | Rs14.99K | Rs1.45 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | Rs808.89 Million | Rs32.19K | Rs1.42 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | Rs726.53 Million | Rs66.00K | Rs1.21 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | Rs655.37 Million | Rs77.00K | Rs1.12 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | Rs594.49 Million | Rs79.00K | Rs734.01 Million | ▲ +83.9 pp |
| 2012 | 16.1% | Rs271.07 Million | Rs227.53 Million | Rs563.52 Million | ▼ -83.9 pp |
| 2011 | 100.0% | Rs198.35 Million | Rs9.00K | Rs459.06 Million | ▲ +0.1 pp |
| 2010 | 99.8% | Rs139.79 Million | Rs216.00K | Rs426.61 Million | — |