Sidma S.A. Steel Products (SIDMA) — Tangible Net Worth Ratio

Latest as of December 2022: 97.6%

Sidma S.A. Steel Products (SIDMA) has a Tangible Net Worth Ratio of 97.6% as of December 2022. This metric is calculated by deducting intangible assets (€530.20K) from net assets (€21.87 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 position of Sidma S.A. Steel Products to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

97.6%
Tangible equity / total equity

Net Assets (Equity)

€21.87 Million
EUR

Intangible Assets

€530.20K
Goodwill, patents, brand value

Total Assets

€164.13 Million
EUR

Sidma S.A. Steel Products Tangible Net Worth Ratio (2021–2022)

This chart shows how Sidma S.A. Steel Products's Tangible Net Worth Ratio has changed across 2 annual periods from 2021 to 2022. As of December 2022, the ratio stands at 97.6%, reflecting net assets of €21.87 Million with intangible assets of €530.20K EUR. See operational self-sufficiency of Sidma S.A. Steel Products to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Sidma S.A. Steel Products (2021–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Sidma S.A. Steel Products from 2021 to 2022, covering 2 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 Sidma S.A. Steel Products market cap and net worth.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2022 97.6% €21.87 Million €530.20K €164.13 Million ▲ +1.6 pp
2021 95.9% €12.85 Million €523.10K €161.10 Million
pp = percentage points