Thai Oil PCL (LQZ) — Tangible Net Worth Ratio

Latest as of March 2026: 98.9%

Thai Oil PCL (LQZ) has a Tangible Net Worth Ratio of 98.9% as of March 2026. This metric is calculated by deducting intangible assets (€2.39 Billion) from net assets (€215.87 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 LQZ book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

98.9%
Tangible equity / total equity

Net Assets (Equity)

€215.87 Billion
EUR

Intangible Assets

€2.39 Billion
Goodwill, patents, brand value

Total Assets

€470.20 Billion
EUR

Thai Oil PCL Tangible Net Worth Ratio (2018–2025)

This chart shows how Thai Oil PCL's Tangible Net Worth Ratio has changed across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 98.9%, reflecting net assets of €215.87 Billion with intangible assets of €2.39 Billion EUR. Also explore Thai Oil PCL net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Thai Oil PCL (2018–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Thai Oil PCL from 2018 to 2025, covering 8 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 Thai Oil PCL.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 98.7% €193.03 Billion €2.44 Billion €427.28 Billion ▲ +0.2 pp
2024 98.5% €166.18 Billion €2.46 Billion €409.01 Billion ▼ -0.1 pp
2023 98.6% €168.31 Billion €2.40 Billion €419.99 Billion ▲ +0.1 pp
2022 98.4% €158.66 Billion €2.50 Billion €444.58 Billion ▲ +0.4 pp
2021 98.0% €123.09 Billion €2.46 Billion €362.14 Billion ▲ +2.1 pp
2020 95.9% €120.12 Billion €4.96 Billion €306.19 Billion ▼ -0.3 pp
2019 96.1% €123.92 Billion €4.77 Billion €283.44 Billion ▲ +0.0 pp
2018 96.1% €126.47 Billion €4.92 Billion €268.61 Billion
pp = percentage points