Arad Investment & Industrial Development Ltd (ARAD) — Tangible Net Worth Ratio
Arad Investment & Industrial Development Ltd (ARAD) has a Tangible Net Worth Ratio of 32.6% as of September 2024. This metric is calculated by deducting intangible assets (ILA482.07 Million) from net assets (ILA714.85 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 Arad Investment & Industrial Development short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Arad Investment & Industrial Development Ltd Tangible Net Worth Ratio (2008–2023)
This chart shows how Arad Investment & Industrial Development Ltd's Tangible Net Worth Ratio has changed across 16 annual periods from 2008 to 2023. As of September 2024, the ratio stands at 32.6%, reflecting net assets of ILA714.85 Million with intangible assets of ILA482.07 Million ILA. See Arad Investment & Industrial Development defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Arad Investment & Industrial Development Ltd (2008–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Arad Investment & Industrial Development Ltd from 2008 to 2023, covering 16 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 ARAD stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (ILA) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 96.1% | ILA5.40 Billion | ILA208.15 Million | ILA11.68 Billion | ▼ -0.2 pp |
| 2022 | 96.3% | ILA5.22 Billion | ILA191.86 Million | ILA11.29 Billion | ▼ -1.8 pp |
| 2021 | 98.1% | ILA9.34 Billion | ILA179.36 Million | ILA10.76 Billion | ▲ +2.1 pp |
| 2020 | 96.0% | ILA4.30 Billion | ILA170.91 Million | ILA9.97 Billion | ▼ -0.9 pp |
| 2019 | 96.9% | ILA4.14 Billion | ILA128.43 Million | ILA8.95 Billion | ▼ 0.0 pp |
| 2018 | 96.9% | ILA3.59 Billion | ILA110.89 Million | ILA7.88 Billion | ▼ -0.4 pp |
| 2017 | 97.3% | ILA3.20 Billion | ILA87.58 Million | ILA7.33 Billion | ▲ +0.3 pp |
| 2016 | 96.9% | ILA2.63 Billion | ILA80.98 Million | ILA6.85 Billion | ▲ +0.1 pp |
| 2015 | 96.8% | ILA2.23 Billion | ILA70.77 Million | ILA6.73 Billion | ▲ +0.3 pp |
| 2014 | 96.5% | ILA1.96 Billion | ILA68.32 Million | ILA6.47 Billion | ▲ +1.4 pp |
| 2013 | 95.1% | ILA1.75 Billion | ILA85.21 Million | ILA6.07 Billion | ▲ +0.4 pp |
| 2012 | 94.7% | ILA1.62 Billion | ILA85.85 Million | ILA5.88 Billion | ▲ +10.9 pp |
| 2011 | 83.8% | ILA1.48 Billion | ILA238.95 Million | ILA5.70 Billion | ▲ +0.5 pp |
| 2010 | 83.4% | ILA1.37 Billion | ILA227.56 Million | ILA5.53 Billion | ▼ -0.8 pp |
| 2009 | 84.2% | ILA1.24 Billion | ILA195.72 Million | ILA5.68 Billion | ▲ +2.3 pp |
| 2008 | 81.9% | ILA1.18 Billion | ILA213.56 Million | ILA6.44 Billion | — |