CELLN.TELEC.UNSP.ADR/1/2 (4720) — Tangible Net Worth Ratio

Latest as of June 2026: -15.0%

CELLN.TELEC.UNSP.ADR/1/2 (4720) has a Tangible Net Worth Ratio of -15.0% as of June 2026. This metric is calculated by deducting intangible assets (€14.83 Billion) from net assets (€12.89 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 4720 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

-15.0%
Tangible equity / total equity

Net Assets (Equity)

€12.89 Billion
EUR

Intangible Assets

€14.83 Billion
Goodwill, patents, brand value

Total Assets

€41.69 Billion
EUR

CELLN.TELEC.UNSP.ADR/1/2 Tangible Net Worth Ratio (2021–2025)

This chart shows how CELLN.TELEC.UNSP.ADR/1/2's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at -15.0%, reflecting net assets of €12.89 Billion with intangible assets of €14.83 Billion EUR. For live market cap and overall valuation, see 4720 market cap.

Annual Tangible Net Worth Ratio for CELLN.TELEC.UNSP.ADR/1/2 (2021–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for CELLN.TELEC.UNSP.ADR/1/2 from 2021 to 2025, covering 5 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 CELLN.TELEC.UNSP.ADR/1/2 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)
2025 -15.0% €13.32 Billion €15.32 Billion €42.06 Billion ▼ -7.3 pp
2024 -7.7% €15.32 Billion €16.51 Billion €43.67 Billion ▲ +11.4 pp
2023 -19.1% €15.15 Billion €18.05 Billion €44.37 Billion ▲ +10.6 pp
2022 -29.7% €15.19 Billion €19.70 Billion €44.00 Billion ▼ -14.1 pp
2021 -15.6% €15.83 Billion €18.30 Billion €41.86 Billion
pp = percentage points