CATHAY PAC.AIRW.HD-20ADR5 (CTYA) — Tangible Net Worth Ratio
CATHAY PAC.AIRW.HD-20ADR5 (CTYA) has a Tangible Net Worth Ratio of 95.5% as of December 2025. This metric is calculated by deducting intangible assets (€2.71 Billion) from net assets (€60.12 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 CTYA current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
CATHAY PAC.AIRW.HD-20ADR5 Tangible Net Worth Ratio (2021–2025)
This chart shows how CATHAY PAC.AIRW.HD-20ADR5's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 95.5%, reflecting net assets of €60.12 Billion with intangible assets of €2.71 Billion EUR. See operational self-sufficiency of CATHAY PAC.AIRW.HD-20ADR5 to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for CATHAY PAC.AIRW.HD-20ADR5 (2021–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for CATHAY PAC.AIRW.HD-20ADR5 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. For the full company profile including market capitalisation, see CATHAY PAC.AIRW.HD-20ADR5 market capitalisation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.5% | €60.12 Billion | €2.71 Billion | €177.05 Billion | ▲ +0.8 pp |
| 2024 | 94.7% | €52.51 Billion | €2.79 Billion | €171.24 Billion | ▼ -0.5 pp |
| 2023 | 95.2% | €60.03 Billion | €2.90 Billion | €174.12 Billion | ▲ +0.1 pp |
| 2022 | 95.0% | €63.81 Billion | €3.16 Billion | €180.91 Billion | ▼ -0.2 pp |
| 2021 | 95.3% | €72.25 Billion | €3.41 Billion | €196.63 Billion | — |