Carl Zeiss Meditec AG (AFX) — Tangible Net Worth Ratio

Latest as of September 2025: 68.8%

Carl Zeiss Meditec AG (AFX) has a Tangible Net Worth Ratio of 68.8% as of September 2025. This metric is calculated by deducting intangible assets (€662.87 Million) from net assets (€2.13 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 AFX working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

68.8%
Tangible equity / total equity

Net Assets (Equity)

€2.13 Billion
EUR

Intangible Assets

€662.87 Million
Goodwill, patents, brand value

Total Assets

€3.40 Billion
EUR

Carl Zeiss Meditec AG Tangible Net Worth Ratio (2014–2025)

This chart shows how Carl Zeiss Meditec AG's Tangible Net Worth Ratio has changed across 12 annual periods from 2014 to 2025. As of September 2025, the ratio stands at 68.8%, reflecting net assets of €2.13 Billion with intangible assets of €662.87 Million EUR. See AFX days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Carl Zeiss Meditec AG (2014–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Carl Zeiss Meditec AG from 2014 to 2025, covering 12 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 AFX stock market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 68.8% €2.13 Billion €662.87 Million €3.40 Billion ▲ +3.2 pp
2024 65.6% €2.06 Billion €706.85 Million €3.39 Billion ▼ -22.4 pp
2023 88.1% €2.17 Billion €259.49 Million €3.03 Billion ▼ -0.1 pp
2022 88.2% €2.03 Billion €240.43 Million €2.82 Billion ▼ -2.7 pp
2021 90.8% €1.68 Billion €153.70 Million €2.40 Billion ▲ +0.3 pp
2020 90.5% €1.45 Billion €137.40 Million €2.01 Billion ▲ +0.7 pp
2019 89.8% €1.42 Billion €144.34 Million €2.02 Billion ▼ -4.6 pp
2018 94.4% €1.31 Billion €74.09 Million €1.66 Billion ▼ -0.1 pp
2017 94.5% €1.24 Billion €68.49 Million €1.62 Billion ▲ +0.8 pp
2016 93.7% €851.16 Million €53.75 Million €1.25 Billion ▼ -3.9 pp
2015 97.6% €797.45 Million €19.04 Million €1.14 Billion ▼ -0.2 pp
2014 97.8% €754.23 Million €16.23 Million €1.04 Billion
pp = percentage points