Elinoil Hellenic Petroleum Company S.A (ELIN) — Tangible Net Worth Ratio
Elinoil Hellenic Petroleum Company S.A (ELIN) has a Tangible Net Worth Ratio of 97.9% as of December 2022. This metric is calculated by deducting intangible assets (€1.45 Million) from net assets (€70.23 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 ELIN working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Elinoil Hellenic Petroleum Company S.A Tangible Net Worth Ratio (2014–2022)
This chart shows how Elinoil Hellenic Petroleum Company S.A's Tangible Net Worth Ratio has changed across 8 annual periods from 2014 to 2022. As of December 2022, the ratio stands at 97.9%, reflecting net assets of €70.23 Million with intangible assets of €1.45 Million EUR. See ELIN cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Elinoil Hellenic Petroleum Company S.A (2014–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Elinoil Hellenic Petroleum Company S.A from 2014 to 2022, covering 8 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 ELIN market cap.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 97.9% | €70.23 Million | €1.45 Million | €443.60 Million | ▲ +0.5 pp |
| 2021 | 97.5% | €59.85 Million | €1.50 Million | €223.29 Million | ▼ 0.0 pp |
| 2020 | 97.5% | €55.95 Million | €1.40 Million | €181.25 Million | ▲ +0.0 pp |
| 2018 | 97.5% | €51.30 Million | €1.30 Million | €209.36 Million | ▲ +0.2 pp |
| 2017 | 97.2% | €52.94 Million | €1.46 Million | €166.61 Million | ▲ +0.1 pp |
| 2016 | 97.1% | €49.97 Million | €1.43 Million | €156.09 Million | ▼ -0.5 pp |
| 2015 | 97.6% | €49.06 Million | €1.17 Million | €131.45 Million | ▲ +0.3 pp |
| 2014 | 97.3% | €45.38 Million | €1.21 Million | €126.37 Million | — |