Ambev S.A. (AMNA) — Tangible Net Worth Ratio

Latest as of June 2026: 88.1%

Ambev S.A. (AMNA) has a Tangible Net Worth Ratio of 88.1% as of June 2026. This metric is calculated by deducting intangible assets (€10.57 Billion) from net assets (€88.89 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 Ambev S.A. net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

88.1%
Tangible equity / total equity

Net Assets (Equity)

€88.89 Billion
EUR

Intangible Assets

€10.57 Billion
Goodwill, patents, brand value

Total Assets

€138.21 Billion
EUR

Ambev S.A. Tangible Net Worth Ratio (2015–2025)

This chart shows how Ambev S.A.'s Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of June 2026, the ratio stands at 88.1%, reflecting net assets of €88.89 Billion with intangible assets of €10.57 Billion EUR. For live market cap and overall valuation, see Ambev S.A. (AMNA) total market value.

Annual Tangible Net Worth Ratio for Ambev S.A. (2015–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Ambev S.A. from 2015 to 2025, covering 11 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 reinvestment intensity of Ambev S.A. 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 87.6% €88.77 Billion €11.04 Billion €145.09 Billion ▲ +0.1 pp
2024 87.4% €99.58 Billion €12.53 Billion €162.51 Billion ▼ -0.1 pp
2023 87.5% €80.14 Billion €10.04 Billion €132.64 Billion ▼ -1.5 pp
2022 88.9% €83.33 Billion €9.22 Billion €137.96 Billion ▼ -0.7 pp
2021 89.7% €84.02 Billion €8.69 Billion €138.60 Billion ▼ -0.3 pp
2020 89.9% €75.15 Billion €7.58 Billion €125.20 Billion ▼ 0.0 pp
2019 89.9% €62.56 Billion €6.31 Billion €101.74 Billion ▲ +0.1 pp
2018 89.9% €57.55 Billion €5.84 Billion €94.13 Billion ▼ -0.4 pp
2017 90.3% €47.98 Billion €4.67 Billion €86.85 Billion ▲ +1.5 pp
2016 88.8% €46.65 Billion €5.25 Billion €83.84 Billion ▼ -1.1 pp
2015 89.9% €50.33 Billion €5.09 Billion €90.18 Billion
pp = percentage points