Société de Services de Participations de Direction et d'Elaboration (SPA) — Tangible Net Worth Ratio
Société de Services de Participations de Direction et d'Elaboration (SPA) has a Tangible Net Worth Ratio of 65.9% as of June 2025. This metric is calculated by deducting intangible assets (€110.45 Million) from net assets (€323.93 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. Also explore Société de Services de Participations de (SPA) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Société de Services de Participations de Direction et d'Elaboration Tangible Net Worth Ratio (2005–2024)
This chart shows how Société de Services de Participations de Direction et d'Elaboration's Tangible Net Worth Ratio has changed across 20 annual periods from 2005 to 2024. As of June 2025, the ratio stands at 65.9%, reflecting net assets of €323.93 Million with intangible assets of €110.45 Million EUR. For live market cap and overall valuation, see Société de Services de Participations de (SPA) total market value.
Annual Tangible Net Worth Ratio for Société de Services de Participations de Direction et d'Elaboration (2005–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Société de Services de Participations de Direction et d'Elaboration from 2005 to 2024, covering 20 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. Explore how much does Société de Services de Participations de reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 78.5% | €310.43 Million | €66.74 Million | €470.86 Million | ▲ +3.4 pp |
| 2023 | 75.1% | €279.13 Million | €69.36 Million | €425.86 Million | ▲ +20.6 pp |
| 2022 | 54.6% | €257.84 Million | €117.07 Million | €395.98 Million | ▼ -15.2 pp |
| 2021 | 69.8% | €251.54 Million | €75.89 Million | €398.65 Million | ▲ +3.5 pp |
| 2020 | 66.3% | €229.90 Million | €77.49 Million | €392.37 Million | ▲ +2.2 pp |
| 2019 | 64.1% | €211.47 Million | €75.89 Million | €388.48 Million | ▲ +4.1 pp |
| 2018 | 60.0% | €194.14 Million | €77.72 Million | €387.34 Million | ▲ +8.8 pp |
| 2017 | 51.1% | €162.96 Million | €79.62 Million | €393.07 Million | ▼ -38.2 pp |
| 2016 | 89.4% | €143.24 Million | €15.24 Million | €288.47 Million | ▲ +1.4 pp |
| 2015 | 88.0% | €134.48 Million | €16.19 Million | €274.45 Million | ▲ +2.4 pp |
| 2014 | 85.6% | €117.90 Million | €16.99 Million | €246.42 Million | ▲ +2.3 pp |
| 2013 | 83.3% | €105.53 Million | €17.62 Million | €224.63 Million | ▼ -6.4 pp |
| 2012 | 89.7% | €99.40 Million | €10.29 Million | €199.68 Million | ▲ +0.3 pp |
| 2011 | 89.3% | €93.72 Million | €10.00 Million | €201.41 Million | ▲ +27.5 pp |
| 2010 | 61.8% | €89.09 Million | €34.01 Million | €190.71 Million | ▼ -38.2 pp |
| 2009 | 100.0% | €138.49 Million | €0.00 | €234.72 Million | ▲ +0.0 pp |
| 2008 | 100.0% | €126.98 Million | €0.00 | €237.67 Million | ▲ +0.0 pp |
| 2007 | 100.0% | €135.76 Million | €0.00 | €258.89 Million | ▲ +33.7 pp |
| 2006 | 66.3% | €119.30 Million | €40.20 Million | €253.64 Million | ▲ +3.3 pp |
| 2005 | 63.0% | €104.87 Million | €38.77 Million | €241.34 Million | — |