REDCO PRP GROUP LTD -05 (8KI) — Tangible Net Worth Ratio

Latest as of June 2024: 98.2%

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. Also explore REDCO PRP GROUP LTD -05 annual equity growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

98.2%
Tangible equity / total equity

Net Assets (Equity)

€2.12 Billion
EUR

Intangible Assets

€38.71 Million
Goodwill, patents, brand value

Total Assets

€48.88 Billion
EUR

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. For live market cap and overall valuation, see 8KI company net worth.

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. Explore REDCO PRP GROUP LTD -05 capex to cash flow ratio 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)
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
pp = percentage points