Veridis Environment Ltd (VRDS) — Tangible Net Worth Ratio
Veridis Environment Ltd (VRDS) has a Tangible Net Worth Ratio of 92.7% as of December 2025. This metric is calculated by deducting intangible assets (ILA150.89 Million) from net assets (ILA2.08 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 Veridis Environment Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Veridis Environment Ltd Tangible Net Worth Ratio (2019–2025)
This chart shows how Veridis Environment Ltd's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 92.7%, reflecting net assets of ILA2.08 Billion with intangible assets of ILA150.89 Million ILA. See VRDS days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Veridis Environment Ltd (2019–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Veridis Environment Ltd from 2019 to 2025, covering 7 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 Veridis Environment Ltd (VRDS) total market value.
| Year | Tangible NW Ratio | Net Assets (ILA) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 92.7% | ILA2.08 Billion | ILA150.89 Million | ILA5.57 Billion | ▲ +3.9 pp |
| 2024 | 88.9% | ILA1.85 Billion | ILA205.88 Million | ILA5.57 Billion | ▲ +3.0 pp |
| 2023 | 85.8% | ILA1.86 Billion | ILA263.01 Million | ILA5.63 Billion | ▲ +8.2 pp |
| 2022 | 77.7% | ILA891.72 Million | ILA198.99 Million | ILA1.67 Billion | ▲ +9.7 pp |
| 2021 | 68.0% | ILA764.65 Million | ILA244.70 Million | ILA1.78 Billion | ▲ +16.4 pp |
| 2020 | 51.6% | ILA599.95 Million | ILA290.42 Million | ILA1.55 Billion | ▼ -44.1 pp |
| 2019 | 95.7% | ILA432.14 Million | ILA18.59 Million | ILA1.36 Billion | — |