REDCO PRP GROUP LTD -05 (8KI) — Tangible Net Worth Ratio
REDCO PRP GROUP LTD -05 (8KI) has a Tangible Net Worth Ratio of 98.2% as of June 2024. This metric is calculated by deducting intangible assets (€38.71 Million) from net assets (€2.12 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. See 8KI book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
REDCO PRP GROUP LTD -05 Tangible Net Worth Ratio (2021–2023)
This chart shows how REDCO PRP GROUP LTD -05's Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of June 2024, the ratio stands at 98.2%, reflecting net assets of €2.12 Billion with intangible assets of €38.71 Million EUR. Also explore REDCO PRP GROUP LTD -05 (8KI) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for REDCO PRP GROUP LTD -05 (2021–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for REDCO PRP GROUP LTD -05 from 2021 to 2023, covering 3 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 cap of REDCO PRP GROUP LTD -05.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 95.1% | €3.05 Billion | €150.39 Million | €51.46 Billion | ▼ -0.8 pp |
| 2022 | 95.9% | €5.74 Billion | €236.19 Million | €59.99 Billion | ▼ -2.5 pp |
| 2021 | 98.4% | €16.26 Billion | €258.32 Million | €89.31 Billion | — |