Elve S.A (ELBE) — Tangible Net Worth Ratio

Latest as of December 2022: 94.5%

Elve S.A (ELBE) has a Tangible Net Worth Ratio of 94.5% as of December 2022. This metric is calculated by deducting intangible assets (€1.03 Million) from net assets (€18.83 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 Elve S.A to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

94.5%
Tangible equity / total equity

Net Assets (Equity)

€18.83 Million
EUR

Intangible Assets

€1.03 Million
Goodwill, patents, brand value

Total Assets

€23.13 Million
EUR

Elve S.A Tangible Net Worth Ratio (2014–2022)

This chart shows how Elve S.A's Tangible Net Worth Ratio has changed across 9 annual periods from 2014 to 2022. As of December 2022, the ratio stands at 94.5%, reflecting net assets of €18.83 Million with intangible assets of €1.03 Million EUR. See ELBE days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Elve S.A (2014–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Elve S.A from 2014 to 2022, covering 9 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 Elve S.A (ELBE) market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2022 94.5% €18.83 Million €1.03 Million €23.13 Million ▲ +1.0 pp
2021 93.5% €18.93 Million €1.23 Million €41.51 Million ▲ +0.9 pp
2020 92.6% €17.80 Million €1.32 Million €39.52 Million ▲ +0.9 pp
2019 91.7% €16.74 Million €1.38 Million €35.68 Million ▲ +0.4 pp
2018 91.3% €16.87 Million €1.47 Million €30.93 Million ▼ -1.8 pp
2017 93.1% €17.06 Million €1.18 Million €31.52 Million ▲ +0.2 pp
2016 92.8% €17.50 Million €1.25 Million €32.18 Million ▼ -4.7 pp
2015 97.5% €20.41 Million €508.64K €29.47 Million ▲ +0.1 pp
2014 97.5% €21.53 Million €548.86K €32.62 Million
pp = percentage points