888 Holdings plc (C8V) — Tangible Net Worth Ratio

Latest as of December 2023: -1800.1%

888 Holdings plc (C8V) has a Tangible Net Worth Ratio of -1800.1% as of December 2023. This metric is calculated by deducting intangible assets (€1.27 Billion) from net assets (€67.10 Million) 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 working capital position of 888 Holdings plc to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-1800.1%
Tangible equity / total equity

Net Assets (Equity)

€67.10 Million
EUR

Intangible Assets

€1.27 Billion
Goodwill, patents, brand value

Total Assets

€2.75 Billion
EUR

888 Holdings plc Tangible Net Worth Ratio (2013–2023)

This chart shows how 888 Holdings plc's Tangible Net Worth Ratio has changed across 11 annual periods from 2013 to 2023. As of December 2023, the ratio stands at -1800.1%, reflecting net assets of €67.10 Million with intangible assets of €1.27 Billion EUR. See C8V defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for 888 Holdings plc (2013–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for 888 Holdings plc from 2013 to 2023, 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. For the full company profile including market capitalisation, see C8V company net worth.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2023 -1800.1% €67.10 Million €1.27 Billion €2.75 Billion ▼ -1013.8 pp
2022 -786.3% €159.20 Million €1.41 Billion €2.95 Billion ▼ -835.1 pp
2021 48.8% €167.90 Million €86.00 Million €540.00 Million ▲ +4.0 pp
2020 44.7% €150.40 Million €83.10 Million €486.70 Million ▼ -6.7 pp
2019 51.5% €164.70 Million €79.90 Million €433.10 Million ▼ -21.1 pp
2018 72.6% €160.30 Million €44.00 Million €380.60 Million ▲ +2.9 pp
2017 69.6% €113.20 Million €34.40 Million €396.20 Million ▼ -10.1 pp
2016 79.7% €163.60 Million €33.20 Million €380.60 Million ▼ -0.6 pp
2015 80.3% €162.20 Million €31.90 Million €386.30 Million ▼ -2.5 pp
2014 82.8% €185.10 Million €31.80 Million €367.20 Million ▲ +0.2 pp
2013 82.7% €174.70 Million €30.30 Million €332.20 Million
pp = percentage points