Scandinavian Tobacco Group A/S (STG) — Tangible Net Worth Ratio

Latest as of March 2026: 58.8%

Scandinavian Tobacco Group A/S (STG) has a Tangible Net Worth Ratio of 58.8% as of March 2026. This metric is calculated by deducting intangible assets (Dkr3.59 Billion) from net assets (Dkr8.71 Billion) 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 Scandinavian Tobacco Group A/S annual equity growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

58.8%
Tangible equity / total equity

Net Assets (Equity)

Dkr8.71 Billion
DKK

Intangible Assets

Dkr3.59 Billion
Goodwill, patents, brand value

Total Assets

Dkr16.39 Billion
DKK

Scandinavian Tobacco Group A/S Tangible Net Worth Ratio (2012–2025)

This chart shows how Scandinavian Tobacco Group A/S's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 58.8%, reflecting net assets of Dkr8.71 Billion with intangible assets of Dkr3.59 Billion DKK. For live market cap and overall valuation, see Scandinavian Tobacco Group A/S stock valuation.

Annual Tangible Net Worth Ratio for Scandinavian Tobacco Group A/S (2012–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Scandinavian Tobacco Group A/S from 2012 to 2025, covering 14 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 Scandinavian Tobacco Group A/S (STG) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (DKK) Intangible Assets Total Assets Change (pp)
2025 57.7% Dkr8.57 Billion Dkr3.62 Billion Dkr16.30 Billion ▲ +0.1 pp
2024 57.6% Dkr9.22 Billion Dkr3.90 Billion Dkr17.10 Billion ▼ -1.2 pp
2023 58.8% Dkr9.43 Billion Dkr3.89 Billion Dkr15.85 Billion ▼ -5.3 pp
2022 64.0% Dkr9.34 Billion Dkr3.36 Billion Dkr15.12 Billion ▲ +1.4 pp
2021 62.6% Dkr8.97 Billion Dkr3.35 Billion Dkr14.58 Billion ▲ +3.0 pp
2020 59.6% Dkr8.37 Billion Dkr3.38 Billion Dkr14.00 Billion ▼ -5.6 pp
2019 65.2% Dkr9.10 Billion Dkr3.17 Billion Dkr13.87 Billion ▲ +2.7 pp
2018 62.5% Dkr8.82 Billion Dkr3.31 Billion Dkr13.40 Billion ▲ +1.5 pp
2017 61.0% Dkr8.45 Billion Dkr3.30 Billion Dkr12.99 Billion ▼ -0.7 pp
2016 61.7% Dkr9.27 Billion Dkr3.55 Billion Dkr14.26 Billion ▲ +2.1 pp
2015 59.6% Dkr9.00 Billion Dkr3.63 Billion Dkr14.54 Billion ▲ +0.2 pp
2014 59.4% Dkr9.09 Billion Dkr3.68 Billion Dkr14.16 Billion ▲ +1.5 pp
2013 57.9% Dkr8.33 Billion Dkr3.50 Billion Dkr13.20 Billion ▲ +3.3 pp
2012 54.7% Dkr8.42 Billion Dkr3.82 Billion Dkr13.74 Billion
pp = percentage points