Honma Golf Limited (HF5) — Tangible Net Worth Ratio
Honma Golf Limited (HF5) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (€0.00) from net assets (€25.36 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 HF5 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Honma Golf Limited Tangible Net Worth Ratio (2017–2025)
This chart shows how Honma Golf Limited's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of September 2025, the ratio stands at 100.0%, reflecting net assets of €25.36 Billion with intangible assets of €0.00 EUR. For live market cap and overall valuation, see Honma Golf Limited market cap and net worth.
Annual Tangible Net Worth Ratio for Honma Golf Limited (2017–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Honma Golf Limited from 2017 to 2025, covering 9 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 capital reinvestment ratio of Honma Golf Limited 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 | 99.6% | €27.68 Billion | €98.83 Million | €40.11 Billion | ▼ 0.0 pp |
| 2024 | 99.7% | €28.67 Billion | €89.91 Million | €42.55 Billion | ▲ +0.2 pp |
| 2023 | 99.5% | €26.03 Billion | €128.38 Million | €40.37 Billion | ▼ 0.0 pp |
| 2022 | 99.5% | €25.35 Billion | €119.61 Million | €41.43 Billion | ▲ +0.5 pp |
| 2021 | 99.0% | €21.32 Billion | €207.81 Million | €36.49 Billion | ▲ +0.4 pp |
| 2020 | 98.6% | €21.26 Billion | €293.85 Million | €38.90 Billion | ▼ -0.2 pp |
| 2019 | 98.9% | €29.19 Billion | €333.42 Million | €39.09 Billion | ▲ +0.3 pp |
| 2018 | 98.5% | €28.00 Billion | €406.72 Million | €36.19 Billion | ▼ -0.1 pp |
| 2017 | 98.7% | €25.73 Billion | €342.21 Million | €30.93 Billion | — |