REC Silicon ASA (RECSI) — Tangible Net Worth Ratio
REC Silicon ASA (RECSI) has a Tangible Net Worth Ratio of 97.8% as of March 2024. This metric is calculated by deducting intangible assets (Nkr800.00K) from net assets (Nkr35.80 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 RECSI 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
REC Silicon ASA Tangible Net Worth Ratio (2002–2023)
This chart shows how REC Silicon ASA's Tangible Net Worth Ratio has changed across 22 annual periods from 2002 to 2023. As of March 2024, the ratio stands at 97.8%, reflecting net assets of Nkr35.80 Million with intangible assets of Nkr800.00K NOK. See REC Silicon ASA (RECSI) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for REC Silicon ASA (2002–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for REC Silicon ASA from 2002 to 2023, covering 22 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 REC Silicon ASA stock valuation.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 99.0% | Nkr76.40 Million | Nkr800.00K | Nkr552.90 Million | ▲ +0.6 pp |
| 2022 | 98.3% | Nkr60.40 Million | Nkr1.00 Million | Nkr319.90 Million | ▲ +1.0 pp |
| 2021 | 97.3% | Nkr33.30 Million | Nkr900.00K | Nkr294.90 Million | ▼ -1.0 pp |
| 2020 | 98.3% | Nkr59.00 Million | Nkr1.00 Million | Nkr341.40 Million | ▲ +135.8 pp |
| 2019 | -37.5% | Nkr800.00K | Nkr1.10 Million | Nkr290.60 Million | ▼ -126.4 pp |
| 2018 | 88.9% | Nkr106.70 Million | Nkr11.80 Million | Nkr357.30 Million | ▼ -7.6 pp |
| 2017 | 96.5% | Nkr448.90 Million | Nkr15.60 Million | Nkr800.20 Million | ▼ -1.3 pp |
| 2016 | 97.8% | Nkr782.00 Million | Nkr17.30 Million | Nkr1.07 Billion | ▲ +0.2 pp |
| 2015 | 97.6% | Nkr921.00 Million | Nkr21.90 Million | Nkr1.23 Billion | ▼ -0.1 pp |
| 2014 | 97.7% | Nkr1.05 Billion | Nkr24.20 Million | Nkr1.47 Billion | ▼ -0.4 pp |
| 2013 | 98.1% | Nkr956.32 Million | Nkr18.09 Million | Nkr1.53 Billion | ▼ -0.1 pp |
| 2012 | 98.2% | Nkr1.28 Billion | Nkr22.75 Million | Nkr2.46 Billion | ▲ +1.5 pp |
| 2011 | 96.7% | Nkr2.04 Billion | Nkr66.68 Million | Nkr4.10 Billion | ▼ -0.8 pp |
| 2010 | 97.6% | Nkr3.77 Billion | Nkr91.17 Million | Nkr6.27 Billion | ▲ +0.4 pp |
| 2009 | 97.2% | Nkr2.92 Billion | Nkr82.14 Million | Nkr5.89 Billion | ▲ +0.1 pp |
| 2008 | 97.1% | Nkr2.37 Billion | Nkr68.38 Million | Nkr4.33 Billion | ▼ -0.7 pp |
| 2007 | 97.8% | Nkr2.16 Billion | Nkr47.11 Million | Nkr3.30 Billion | ▲ +0.2 pp |
| 2006 | 97.6% | Nkr1.71 Billion | Nkr40.96 Million | Nkr2.37 Billion | ▲ +4.4 pp |
| 2005 | 93.2% | Nkr182.52 Million | Nkr12.37 Million | Nkr899.21 Million | ▼ -3.8 pp |
| 2004 | 97.1% | Nkr160.19 Million | Nkr4.69 Million | Nkr334.06 Million | ▲ +51.0 pp |
| 2003 | 46.1% | Nkr77.94 Million | Nkr42.01 Million | Nkr222.46 Million | ▼ -41.6 pp |
| 2002 | 87.7% | Nkr32.58 Million | Nkr3.99 Million | Nkr57.38 Million | — |