PostNL NV (PNL) — Tangible Net Worth Ratio

Latest as of December 2025: -14.5%

PostNL NV (PNL) has a Tangible Net Worth Ratio of -14.5% as of December 2025. This metric is calculated by deducting intangible assets (€205.00 Million) from net assets (€179.00 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 how liquid is PostNL NV's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-14.5%
Tangible equity / total equity

Net Assets (Equity)

€179.00 Million
EUR

Intangible Assets

€205.00 Million
Goodwill, patents, brand value

Total Assets

€2.20 Billion
EUR

PostNL NV Tangible Net Worth Ratio (1998–2025)

This chart shows how PostNL NV's Tangible Net Worth Ratio has changed across 23 annual periods from 1998 to 2025. As of December 2025, the ratio stands at -14.5%, reflecting net assets of €179.00 Million with intangible assets of €205.00 Million EUR. See how many days can PostNL NV fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for PostNL NV (1998–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for PostNL NV from 1998 to 2025, covering 23 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 market value of PostNL NV.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 -14.5% €179.00 Million €205.00 Million €2.20 Billion ▼ -13.1 pp
2024 -1.5% €205.00 Million €208.00 Million €2.12 Billion ▼ -2.0 pp
2023 0.5% €200.00 Million €199.00 Million €2.18 Billion ▲ +2.2 pp
2022 -1.7% €179.00 Million €182.00 Million €2.22 Billion ▼ -67.2 pp
2021 65.5% €429.00 Million €148.00 Million €2.48 Billion ▲ +24.8 pp
2020 40.7% €221.00 Million €131.00 Million €2.21 Billion ▲ +175.4 pp
2018 -134.7% €49.00 Million €115.00 Million €1.70 Billion ▲ +78.8 pp
2017 -213.5% €37.00 Million €116.00 Million €2.08 Billion ▼ -308.2 pp
2012 94.7% €1.08 Billion €57.00 Million €4.66 Billion ▲ +8.0 pp
2011 86.7% €414.00 Million €55.00 Million €4.12 Billion ▼ -11.4 pp
2010 98.1% €2.44 Billion €46.00 Million €8.14 Billion ▲ +10.5 pp
2009 87.6% €2.08 Billion €258.00 Million €7.70 Billion ▲ +2.2 pp
2008 85.4% €1.76 Billion €256.00 Million €7.18 Billion ▲ +0.3 pp
2007 85.1% €1.95 Billion €291.00 Million €7.08 Billion ▼ -4.4 pp
2006 89.4% €2.01 Billion €212.00 Million €6.31 Billion ▼ -4.1 pp
2005 93.6% €3.30 Billion €212.00 Million €8.40 Billion ▼ -1.8 pp
2004 95.4% €2.78 Billion €128.00 Million €8.28 Billion ▲ +76.2 pp
2003 19.2% €2.99 Billion €2.41 Billion €7.92 Billion ▲ +16.0 pp
2002 3.2% €2.86 Billion €2.77 Billion €8.27 Billion ▲ +15.7 pp
2001 -12.4% €2.50 Billion €2.81 Billion €8.45 Billion ▼ -0.1 pp
2000 -12.3% €2.46 Billion €2.76 Billion €7.46 Billion ▼ -21.6 pp
1999 9.2% €2.19 Billion €1.99 Billion €6.26 Billion ▼ -11.5 pp
1998 20.7% €1.85 Billion €1.47 Billion €5.16 Billion
pp = percentage points