Zenith Steel Pipes & Industries Limited (ZENITHSTL) — Tangible Net Worth Ratio
Zenith Steel Pipes & Industries Limited (ZENITHSTL) has a Tangible Net Worth Ratio of 99.7% as of March 2014. This metric is calculated by deducting intangible assets (Rs1.29 Million) from net assets (Rs490.38 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 Zenith Steel Pipes & Industries Limited to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Zenith Steel Pipes & Industries Limited Tangible Net Worth Ratio (2005–2014)
This chart shows how Zenith Steel Pipes & Industries Limited's Tangible Net Worth Ratio has changed across 10 annual periods from 2005 to 2014. As of March 2014, the ratio stands at 99.7%, reflecting net assets of Rs490.38 Million with intangible assets of Rs1.29 Million INR. See how many days can Zenith Steel Pipes & Industries Limited fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Zenith Steel Pipes & Industries Limited (2005–2014)
The table below presents the year-by-year Tangible Net Worth Ratio for Zenith Steel Pipes & Industries Limited from 2005 to 2014, 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 ZENITHSTL stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (INR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2014 | 99.7% | Rs490.39 Million | Rs1.29 Million | Rs4.81 Billion | ▼ -0.2 pp |
| 2013 | 99.9% | Rs2.47 Billion | Rs1.29 Million | Rs7.34 Billion | ▲ +0.0 pp |
| 2012 | 99.9% | Rs2.98 Billion | Rs1.72 Million | Rs7.14 Billion | ▼ -0.1 pp |
| 2011 | 100.0% | Rs2.99 Billion | Rs0.00 | Rs6.73 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | Rs1.81 Billion | Rs0.00 | Rs5.69 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | Rs2.25 Billion | Rs0.00 | Rs5.38 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | Rs2.15 Billion | Rs0.00 | Rs5.15 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | Rs1.99 Billion | Rs0.00 | Rs4.81 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | Rs658.15 Million | Rs0.00 | Rs2.91 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | Rs529.34 Million | Rs0.00 | Rs2.48 Billion | — |