BW LPG Ltd (BWLPG) — Tangible Net Worth Ratio
BW LPG Ltd (BWLPG) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets (Nkr356.00K) from net assets (Nkr1.83 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 BWLPG net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
BW LPG Ltd Tangible Net Worth Ratio (2011–2025)
This chart shows how BW LPG Ltd's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of Nkr1.83 Billion with intangible assets of Nkr356.00K NOK. See BWLPG cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for BW LPG Ltd (2011–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for BW LPG Ltd from 2011 to 2025, covering 15 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 BWLPG stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | Nkr1.93 Billion | Nkr356.00K | Nkr3.15 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | Nkr1.94 Billion | Nkr636.00K | Nkr3.32 Billion | ▲ +0.0 pp |
| 2023 | 99.9% | Nkr1.59 Billion | Nkr1.24 Million | Nkr2.52 Billion | ▲ +0.0 pp |
| 2022 | 99.9% | Nkr1.56 Billion | Nkr1.37 Million | Nkr2.54 Billion | ▲ +0.0 pp |
| 2021 | 99.9% | Nkr1.39 Billion | Nkr1.88 Million | Nkr2.36 Billion | ▲ +0.0 pp |
| 2020 | 99.8% | Nkr1.25 Billion | Nkr1.95 Million | Nkr2.42 Billion | ▼ -0.1 pp |
| 2019 | 99.9% | Nkr1.18 Billion | Nkr1.00 Million | Nkr2.55 Billion | ▼ -0.1 pp |
| 2018 | 100.0% | Nkr983.62 Million | Nkr0.00 | Nkr2.26 Billion | ▲ +0.2 pp |
| 2017 | 99.8% | Nkr1.07 Billion | Nkr2.65 Million | Nkr2.46 Billion | ▲ +0.4 pp |
| 2016 | 99.3% | Nkr1.12 Billion | Nkr7.56 Million | Nkr2.59 Billion | ▲ +0.4 pp |
| 2015 | 98.9% | Nkr1.17 Billion | Nkr12.47 Million | Nkr2.11 Billion | ▲ +0.5 pp |
| 2014 | 98.4% | Nkr1.08 Billion | Nkr17.38 Million | Nkr1.66 Billion | ▲ +0.7 pp |
| 2013 | 97.7% | Nkr974.73 Million | Nkr22.29 Million | Nkr1.63 Billion | ▲ +957.6 pp |
| 2012 | -859.9% | Nkr4.42 Million | Nkr42.43 Million | Nkr1.12 Billion | ▼ -800.0 pp |
| 2011 | -59.9% | Nkr30.97 Million | Nkr49.52 Million | Nkr985.43 Million | — |