LEONARDO ADR 1/2/EO 440 Tangible Net Worth Ratio
LEONARDO ADR 1/2/EO 440 tangible net worth ratio. LEONARDO ADR 1/2/EO 440 (FMN) has a Tangible Net Worth Ratio of 60.6% as of December 2025. This metric is calculated by deducting intangible assets (€4.23 Billion) from net assets (€10.74 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 LEONARDO ADR 1/2/EO 440 net asset quality index to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of LEONARDO ADR 1/2/EO 440 (2021–2025)
Tangible net worth ratio of LEONARDO ADR 1/2/EO 440 from 2021 to 2025. This chart shows how LEONARDO ADR 1/2/EO 440's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 60.6%, reflecting net assets of €10.74 Billion with intangible assets of €4.23 Billion EUR. See FMN current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
LEONARDO ADR 1/2/EO 440 Tangible Net Worth Ratio by Year (2021–2025)
LEONARDO ADR 1/2/EO 440 tangible net worth ratio by year from 2021 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for LEONARDO ADR 1/2/EO 440 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 live market cap and overall valuation, see FMN stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 60.6% | €10.74 Billion | €4.23 Billion | €34.51 Billion | ▲ +1.7 pp |
| 2024 | 58.9% | €10.20 Billion | €4.19 Billion | €33.67 Billion | ▲ +1.7 pp |
| 2023 | 57.2% | €8.56 Billion | €3.67 Billion | €30.69 Billion | ▲ +2.4 pp |
| 2022 | 54.7% | €7.70 Billion | €3.48 Billion | €28.58 Billion | ▲ +5.0 pp |
| 2021 | 49.8% | €6.46 Billion | €3.24 Billion | €28.38 Billion | — |