Zenith Steel Pipes & Industries Limited Tangible Net Worth Ratio
Zenith Steel Pipes & Industries Limited 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 how leveraged is Zenith Steel Pipes & Industries Limited's balance sheet to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Zenith Steel Pipes & Industries Limited (2005–2014)
Tangible net worth ratio of Zenith Steel Pipes & Industries Limited from 2005 to 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 ZENITHSTL working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Zenith Steel Pipes & Industries Limited Tangible Net Worth Ratio by Year (2005–2014)
Zenith Steel Pipes & Industries Limited tangible net worth ratio by year from 2005 to 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 live market cap and overall valuation, see Zenith Steel Pipes & Industries Limited (ZENITHSTL) 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 | — |