ACERINOX ADR 1/2/EO-25 (ACE) — Tangible Net Worth Ratio
ACERINOX ADR 1/2/EO-25 (ACE) has a Tangible Net Worth Ratio of 94.4% as of December 2025. This metric is calculated by deducting intangible assets (€117.96 Million) from net assets (€2.10 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 ACERINOX ADR 1/2/EO-25 annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
ACERINOX ADR 1/2/EO-25 Tangible Net Worth Ratio (2021–2025)
This chart shows how ACERINOX ADR 1/2/EO-25's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 94.4%, reflecting net assets of €2.10 Billion with intangible assets of €117.96 Million EUR. For live market cap and overall valuation, see how much is ACERINOX ADR 1/2/EO-25 worth.
Annual Tangible Net Worth Ratio for ACERINOX ADR 1/2/EO-25 (2021–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for ACERINOX ADR 1/2/EO-25 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 ACERINOX ADR 1/2/EO-25 (ACE) reinvestment 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) |
|---|---|---|---|---|---|
| 2025 | 94.4% | €2.10 Billion | €117.96 Million | €5.62 Billion | ▼ -0.3 pp |
| 2024 | 94.7% | €2.58 Billion | €136.43 Million | €6.47 Billion | ▼ -3.6 pp |
| 2023 | 98.3% | €2.46 Billion | €41.34 Million | €6.10 Billion | ▲ +0.0 pp |
| 2022 | 98.3% | €2.55 Billion | €43.44 Million | €6.32 Billion | ▲ +0.4 pp |
| 2021 | 97.9% | €2.21 Billion | €46.58 Million | €5.98 Billion | — |