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. See ACE current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.