Quercus TFI SA (QRS) — Tangible Net Worth Ratio
Quercus TFI SA (QRS) has a Tangible Net Worth Ratio of 95.2% as of March 2026. This metric is calculated by deducting intangible assets (zł8.77 Million) from net assets (zł181.79 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 working capital to net assets of Quercus TFI SA to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Quercus TFI SA Tangible Net Worth Ratio (2009–2025)
This chart shows how Quercus TFI SA's Tangible Net Worth Ratio has changed across 17 annual periods from 2009 to 2025. As of March 2026, the ratio stands at 95.2%, reflecting net assets of zł181.79 Million with intangible assets of zł8.77 Million PLN. See QRS defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Quercus TFI SA (2009–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Quercus TFI SA from 2009 to 2025, 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 Quercus TFI SA stock valuation.
| Year | Tangible NW Ratio | Net Assets (PLN) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 93.8% | zł128.86 Million | zł8.00 Million | zł243.40 Million | ▼ -0.1 pp |
| 2024 | 93.9% | zł119.62 Million | zł7.27 Million | zł191.69 Million | ▲ +0.5 pp |
| 2023 | 93.4% | zł104.92 Million | zł6.95 Million | zł204.49 Million | ▲ +1.1 pp |
| 2022 | 92.3% | zł86.33 Million | zł6.62 Million | zł158.00 Million | ▲ +0.8 pp |
| 2021 | 91.5% | zł89.59 Million | zł7.60 Million | zł196.19 Million | ▼ -8.4 pp |
| 2020 | 100.0% | zł59.97 Million | zł24.00K | zł90.17 Million | ▲ +0.0 pp |
| 2019 | 99.9% | zł61.60 Million | zł31.00K | zł85.37 Million | ▲ +0.0 pp |
| 2018 | 99.9% | zł42.02 Million | zł33.00K | zł65.92 Million | ▲ +0.1 pp |
| 2017 | 99.9% | zł52.22 Million | zł69.26K | zł67.16 Million | ▼ -0.1 pp |
| 2016 | 100.0% | zł46.55 Million | zł18.36K | zł59.68 Million | ▲ +0.0 pp |
| 2015 | 100.0% | zł47.89 Million | zł22.14K | zł62.18 Million | ▲ +0.1 pp |
| 2014 | 99.8% | zł48.08 Million | zł77.58K | zł58.02 Million | ▲ +0.1 pp |
| 2013 | 99.8% | zł54.41 Million | zł130.44K | zł80.60 Million | ▲ +0.6 pp |
| 2012 | 99.2% | zł28.42 Million | zł232.73K | zł36.13 Million | ▲ +20.7 pp |
| 2011 | 78.5% | zł29.03 Million | zł6.25 Million | zł34.45 Million | ▼ -21.5 pp |
| 2010 | 100.0% | zł19.25 Million | zł0.00 | zł29.87 Million | ▲ +0.0 pp |
| 2009 | 100.0% | zł8.59 Million | zł0.00 | zł10.44 Million | — |