Havila Kystruten AS (HKY) — Tangible Net Worth Ratio
Havila Kystruten AS (HKY) has a Tangible Net Worth Ratio of -372.2% as of June 2024. This metric is calculated by deducting intangible assets (Nkr37.51 Million) from net assets (Nkr7.94 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 Havila Kystruten AS to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Havila Kystruten AS Tangible Net Worth Ratio (2018–2023)
This chart shows how Havila Kystruten AS's Tangible Net Worth Ratio has changed across 6 annual periods from 2018 to 2023. As of June 2024, the ratio stands at -372.2%, reflecting net assets of Nkr7.94 Million with intangible assets of Nkr37.51 Million NOK. See HKY days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Havila Kystruten AS (2018–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Havila Kystruten AS from 2018 to 2023, covering 6 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 market cap of Havila Kystruten AS.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 91.8% | Nkr465.53 Million | Nkr37.95 Million | Nkr4.75 Billion | ▼ -3.8 pp |
| 2022 | 95.6% | Nkr612.95 Million | Nkr26.70 Million | Nkr4.00 Billion | ▼ -3.0 pp |
| 2021 | 98.7% | Nkr995.28 Million | Nkr13.04 Million | Nkr3.33 Billion | ▲ +4.3 pp |
| 2020 | 94.4% | Nkr224.91 Million | Nkr12.62 Million | Nkr1.37 Billion | ▼ -4.9 pp |
| 2019 | 99.3% | Nkr281.08 Million | Nkr2.00 Million | Nkr991.15 Million | ▼ -0.7 pp |
| 2018 | 100.0% | Nkr323.66 Million | Nkr85.00K | Nkr357.60 Million | — |