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. Also explore net asset growth rate of REC Silicon ASA to track the company's year-over-year net asset growth rate.
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. Check RECSI PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
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 live market cap and overall valuation, see how much is REC Silicon ASA worth.
| 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 | — |