Top Systems-L (TOPS) — Tangible Net Worth Ratio
Top Systems-L (TOPS) has a Tangible Net Worth Ratio of -37.2% as of June 2025. This metric is calculated by deducting intangible assets (ILA114.18 Million) from net assets (ILA83.21 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 Top Systems-L 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
Top Systems-L Tangible Net Worth Ratio (2008–2024)
This chart shows how Top Systems-L's Tangible Net Worth Ratio has changed across 17 annual periods from 2008 to 2024. As of June 2025, the ratio stands at -37.2%, reflecting net assets of ILA83.21 Million with intangible assets of ILA114.18 Million ILA. See operational self-sufficiency of Top Systems-L to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Top Systems-L (2008–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Top Systems-L from 2008 to 2024, covering 17 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 Top Systems-L stock valuation.
| Year | Tangible NW Ratio | Net Assets (ILA) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 80.3% | ILA83.81 Million | ILA16.48 Million | ILA338.62 Million | ▼ -1.2 pp |
| 2023 | 81.5% | ILA73.56 Million | ILA13.57 Million | ILA288.06 Million | ▲ +2.6 pp |
| 2022 | 78.9% | ILA67.61 Million | ILA14.24 Million | ILA262.96 Million | ▼ -3.3 pp |
| 2021 | 82.2% | ILA58.73 Million | ILA10.46 Million | ILA205.15 Million | ▼ -4.9 pp |
| 2020 | 87.0% | ILA48.56 Million | ILA6.29 Million | ILA142.35 Million | ▲ +5.3 pp |
| 2019 | 81.8% | ILA41.89 Million | ILA7.64 Million | ILA127.13 Million | ▲ +4.8 pp |
| 2018 | 76.9% | ILA37.23 Million | ILA8.58 Million | ILA101.48 Million | ▲ +5.9 pp |
| 2017 | 71.0% | ILA33.78 Million | ILA9.79 Million | ILA90.77 Million | ▼ -11.3 pp |
| 2016 | 82.4% | ILA27.25 Million | ILA4.80 Million | ILA61.34 Million | ▲ +1.5 pp |
| 2015 | 80.8% | ILA24.41 Million | ILA4.68 Million | ILA53.40 Million | ▲ +6.6 pp |
| 2014 | 74.3% | ILA19.32 Million | ILA4.97 Million | ILA48.78 Million | ▼ -14.6 pp |
| 2013 | 88.8% | ILA17.46 Million | ILA1.95 Million | ILA39.93 Million | ▲ +0.0 pp |
| 2012 | 88.8% | ILA14.63 Million | ILA1.63 Million | ILA34.27 Million | ▲ +76.4 pp |
| 2011 | 12.5% | ILA12.83 Million | ILA11.22 Million | ILA34.17 Million | ▼ -54.5 pp |
| 2010 | 66.9% | ILA12.70 Million | ILA4.20 Million | ILA26.61 Million | ▲ +7.2 pp |
| 2009 | 59.7% | ILA12.11 Million | ILA4.88 Million | ILA24.65 Million | ▼ -18.6 pp |
| 2008 | 78.3% | ILA12.23 Million | ILA2.65 Million | ILA21.69 Million | — |