HANN.RUECKV.SE ADR 1/2/ON (HNRB) — Tangible Net Worth Ratio
HANN.RUECKV.SE ADR 1/2/ON (HNRB) has a Tangible Net Worth Ratio of 99.2% as of December 2025. This metric is calculated by deducting intangible assets (€118.40 Million) from net assets (€13.93 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 HNRB 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
HANN.RUECKV.SE ADR 1/2/ON Tangible Net Worth Ratio (2021–2025)
This chart shows how HANN.RUECKV.SE ADR 1/2/ON's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 99.2%, reflecting net assets of €13.93 Billion with intangible assets of €118.40 Million EUR. For live market cap and overall valuation, see HNRB stock market capitalisation.
Annual Tangible Net Worth Ratio for HANN.RUECKV.SE ADR 1/2/ON (2021–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for HANN.RUECKV.SE ADR 1/2/ON 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. See HANN.RUECKV.SE ADR 1/2/ON (HNRB) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.2% | €13.93 Billion | €118.40 Million | €71.33 Billion | ▲ +0.2 pp |
| 2024 | 99.0% | €12.69 Billion | €131.80 Million | €72.13 Billion | ▲ +0.2 pp |
| 2023 | 98.8% | €11.02 Billion | €134.70 Million | €65.67 Billion | ▲ +0.1 pp |
| 2022 | 98.7% | €9.96 Billion | €133.70 Million | €62.96 Billion | ▲ +0.1 pp |
| 2021 | 98.5% | €11.05 Billion | €164.19 Million | €62.46 Billion | — |