Greek Organization of Football Prognostics S.A. (OPAP) — Tangible Net Worth Ratio

Latest as of December 2025: -89.1%

Greek Organization of Football Prognostics S.A. (OPAP) has a Tangible Net Worth Ratio of -89.1% as of December 2025. This metric is calculated by deducting intangible assets (€808.01 Million) from net assets (€427.21 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 OPAP working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-89.1%
Tangible equity / total equity

Net Assets (Equity)

€427.21 Million
EUR

Intangible Assets

€808.01 Million
Goodwill, patents, brand value

Total Assets

€2.18 Billion
EUR

Greek Organization of Football Prognostics S.A. Tangible Net Worth Ratio (2014–2025)

This chart shows how Greek Organization of Football Prognostics S.A.'s Tangible Net Worth Ratio has changed across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at -89.1%, reflecting net assets of €427.21 Million with intangible assets of €808.01 Million EUR. See Greek Organization of Football Prognosti defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Greek Organization of Football Prognostics S.A. (2014–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Greek Organization of Football Prognostics S.A. from 2014 to 2025, covering 12 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 OPAP market cap.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 -89.1% €427.21 Million €808.01 Million €2.18 Billion ▼ -42.6 pp
2024 -46.5% €609.38 Million €892.85 Million €2.00 Billion ▼ -26.4 pp
2023 -20.1% €774.76 Million €930.48 Million €2.10 Billion ▼ -22.2 pp
2022 2.1% €1.04 Billion €1.02 Billion €2.57 Billion ▲ +26.5 pp
2021 -24.4% €910.86 Million €1.13 Billion €2.70 Billion ▲ +42.3 pp
2020 -66.7% €741.58 Million €1.24 Billion €2.44 Billion ▼ -25.3 pp
2019 -41.4% €753.79 Million €1.07 Billion €2.24 Billion ▲ +14.0 pp
2018 -55.4% €722.75 Million €1.12 Billion €1.77 Billion ▲ +8.3 pp
2017 -63.7% €714.71 Million €1.17 Billion €1.80 Billion ▼ -50.2 pp
2016 -13.5% €1.07 Billion €1.22 Billion €1.77 Billion ▼ -11.8 pp
2015 -1.7% €1.20 Billion €1.22 Billion €1.71 Billion ▲ +1.2 pp
2014 -2.8% €1.24 Billion €1.27 Billion €1.75 Billion
pp = percentage points