Panamax AG (ICP) — Tangible Net Worth Ratio

Latest as of December 2018: 100.0%

Panamax AG (ICP) has a Tangible Net Worth Ratio of 100.0% as of December 2018. This metric is calculated by deducting intangible assets (€0.00) from net assets (€129.63K) 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 ICP net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

€129.63K
EUR

Intangible Assets

€0.00
Goodwill, patents, brand value

Total Assets

€682.69K
EUR

Panamax AG Tangible Net Worth Ratio (2016–2018)

This chart shows how Panamax AG's Tangible Net Worth Ratio has changed across 3 annual periods from 2016 to 2018. As of December 2018, the ratio stands at 100.0%, reflecting net assets of €129.63K with intangible assets of €0.00 EUR. See ICP days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Panamax AG (2016–2018)

The table below presents the year-by-year Tangible Net Worth Ratio for Panamax AG from 2016 to 2018, covering 3 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 ICP market cap.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2018 100.0% €129.63K €0.00 €682.69K ▲ +0.0 pp
2017 100.0% €9.00K €0.00 €206.65K ▲ +0.0 pp
2016 100.0% €347.41K €0.00 €635.11K
pp = percentage points