Space Hellas SA (SPACE) — Tangible Net Worth Ratio

Latest as of December 2024: 31.4%

Space Hellas SA (SPACE) has a Tangible Net Worth Ratio of 31.4% as of December 2024. This metric is calculated by deducting intangible assets (€21.18 Million) from net assets (€30.88 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 Space Hellas SA current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

31.4%
Tangible equity / total equity

Net Assets (Equity)

€30.88 Million
EUR

Intangible Assets

€21.18 Million
Goodwill, patents, brand value

Total Assets

€189.24 Million
EUR

Space Hellas SA Tangible Net Worth Ratio (2014–2024)

This chart shows how Space Hellas SA's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of December 2024, the ratio stands at 31.4%, reflecting net assets of €30.88 Million with intangible assets of €21.18 Million EUR. See Space Hellas SA defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Space Hellas SA (2014–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Space Hellas SA from 2014 to 2024, covering 11 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 Space Hellas SA.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2024 31.4% €30.88 Million €21.18 Million €189.24 Million ▲ +1.9 pp
2023 29.5% €28.64 Million €20.18 Million €175.86 Million ▼ -5.6 pp
2022 35.1% €27.03 Million €17.54 Million €175.07 Million ▲ +1.2 pp
2021 33.9% €24.38 Million €16.11 Million €145.14 Million ▼ -49.8 pp
2020 83.7% €18.08 Million €2.95 Million €99.70 Million ▲ +1.1 pp
2019 82.6% €16.39 Million €2.85 Million €69.14 Million ▼ -3.5 pp
2018 86.1% €15.14 Million €2.10 Million €58.27 Million ▼ -1.9 pp
2017 88.1% €14.67 Million €1.75 Million €50.70 Million ▼ -0.2 pp
2016 88.3% €13.79 Million €1.61 Million €46.32 Million ▼ 0.0 pp
2015 88.3% €12.96 Million €1.51 Million €42.64 Million ▲ +2.8 pp
2014 85.5% €13.63 Million €1.98 Million €45.53 Million
pp = percentage points