AFC Ajax NV (AJAX) — Tangible Net Worth Ratio

Latest as of December 2025: 49.3%

AFC Ajax NV (AJAX) has a Tangible Net Worth Ratio of 49.3% as of December 2025. This metric is calculated by deducting intangible assets (€104.15 Million) from net assets (€205.43 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 AFC Ajax NV short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

49.3%
Tangible equity / total equity

Net Assets (Equity)

€205.43 Million
EUR

Intangible Assets

€104.15 Million
Goodwill, patents, brand value

Total Assets

€460.40 Million
EUR

AFC Ajax NV Tangible Net Worth Ratio (2000–2025)

This chart shows how AFC Ajax NV's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of December 2025, the ratio stands at 49.3%, reflecting net assets of €205.43 Million with intangible assets of €104.15 Million EUR. See AJAX days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for AFC Ajax NV (2000–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for AFC Ajax NV from 2000 to 2025, covering 26 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 AFC Ajax NV market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 49.2% €189.07 Million €96.00 Million €455.76 Million ▲ +17.0 pp
2024 32.2% €226.41 Million €153.46 Million €580.43 Million ▲ +1.0 pp
2023 31.2% €236.61 Million €162.75 Million €548.02 Million ▼ -14.0 pp
2022 45.2% €197.64 Million €108.28 Million €463.62 Million ▲ +9.0 pp
2021 36.2% €221.95 Million €141.56 Million €503.37 Million ▲ +7.2 pp
2020 29.1% €228.80 Million €162.29 Million €508.42 Million ▲ +4.8 pp
2019 24.3% €210.00 Million €159.01 Million €387.18 Million ▼ -19.5 pp
2018 43.7% €158.29 Million €89.05 Million €259.76 Million ▼ -21.2 pp
2017 64.9% €158.87 Million €55.76 Million €246.08 Million ▲ +9.1 pp
2016 55.8% €108.94 Million €48.11 Million €170.51 Million ▼ -5.5 pp
2015 61.4% €110.12 Million €42.54 Million €178.54 Million ▼ -12.9 pp
2014 74.3% €88.08 Million €22.68 Million €131.99 Million ▼ -2.0 pp
2013 76.2% €71.84 Million €17.08 Million €118.25 Million ▼ -23.0 pp
2012 99.2% €54.75 Million €450.00K €103.48 Million ▲ +68.9 pp
2011 30.3% €44.68 Million €31.14 Million €100.00 Million ▲ +29.2 pp
2010 1.1% €39.23 Million €38.80 Million €95.83 Million ▼ -27.1 pp
2009 28.2% €61.79 Million €44.35 Million €125.86 Million ▼ -23.1 pp
2008 51.4% €65.44 Million €31.83 Million €125.14 Million ▼ -48.6 pp
2007 100.0% €57.85 Million €0.00 €92.48 Million ▲ +54.8 pp
2006 45.2% €68.28 Million €37.44 Million €106.21 Million ▼ -15.4 pp
2005 60.6% €75.50 Million €29.75 Million €114.45 Million ▲ +3.9 pp
2004 56.7% €63.77 Million €27.58 Million €106.09 Million ▼ -2.5 pp
2003 59.2% €67.58 Million €27.57 Million €93.02 Million ▲ +20.4 pp
2002 38.8% €68.52 Million €41.94 Million €106.71 Million ▲ +5.5 pp
2001 33.3% €96.56 Million €64.39 Million €154.07 Million ▼ -9.6 pp
2000 42.9% €227.51 Million €129.92 Million €319.55 Million
pp = percentage points