GENMAB AS SP.ADR/1/10DK 1 (GE91) — Tangible Net Worth Ratio
GENMAB AS SP.ADR/1/10DK 1 (GE91) has a Tangible Net Worth Ratio of -56.0% as of December 2025. This metric is calculated by deducting intangible assets (€9.12 Billion) from net assets (€5.85 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 GENMAB AS SP.ADR/1/10DK 1 net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
GENMAB AS SP.ADR/1/10DK 1 Tangible Net Worth Ratio (2021–2025)
This chart shows how GENMAB AS SP.ADR/1/10DK 1's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at -56.0%, reflecting net assets of €5.85 Billion with intangible assets of €9.12 Billion EUR. For live market cap and overall valuation, see GENMAB AS SP.ADR/1/10DK 1 (GE91) total market value.
Annual Tangible Net Worth Ratio for GENMAB AS SP.ADR/1/10DK 1 (2021–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for GENMAB AS SP.ADR/1/10DK 1 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. Explore GENMAB AS SP.ADR/1/10DK 1 capital spending ratio 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 | -56.0% | €5.85 Billion | €9.12 Billion | €12.87 Billion | ▼ -122.4 pp |
| 2024 | 66.4% | €5.12 Billion | €1.72 Billion | €6.39 Billion | ▼ -33.3 pp |
| 2023 | 99.7% | €4.69 Billion | €15.00 Million | €5.24 Billion | ▲ +3.4 pp |
| 2022 | 96.3% | €3.93 Billion | €146.00 Million | €4.33 Billion | ▼ -2.6 pp |
| 2021 | 98.9% | €3.38 Billion | €38.67 Million | €3.75 Billion | — |