Knorr-Bremse AG (KBX) — Tangible Net Worth Ratio
Knorr-Bremse AG (KBX) has a Tangible Net Worth Ratio of 70.2% as of June 2025. This metric is calculated by deducting intangible assets (€885.00 Million) from net assets (€2.97 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 Knorr-Bremse AG (KBX) 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
Knorr-Bremse AG Tangible Net Worth Ratio (2014–2024)
This chart shows how Knorr-Bremse AG's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of June 2025, the ratio stands at 70.2%, reflecting net assets of €2.97 Billion with intangible assets of €885.00 Million EUR. For live market cap and overall valuation, see KBX company net worth.
Annual Tangible Net Worth Ratio for Knorr-Bremse AG (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Knorr-Bremse AG from 2014 to 2024, covering 11 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 Knorr-Bremse AG (KBX) reinvestment 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) |
|---|---|---|---|---|---|
| 2024 | 70.2% | €3.13 Billion | €933.00 Million | €9.61 Billion | ▼ -3.3 pp |
| 2023 | 73.5% | €2.90 Billion | €770.57 Million | €8.25 Billion | ▲ +1.9 pp |
| 2022 | 71.5% | €2.69 Billion | €766.43 Million | €8.01 Billion | ▼ -4.3 pp |
| 2021 | 75.8% | €2.43 Billion | €587.65 Million | €7.20 Billion | ▲ +1.4 pp |
| 2020 | 74.4% | €1.92 Billion | €491.60 Million | €7.39 Billion | ▼ -1.3 pp |
| 2019 | 75.8% | €1.90 Billion | €461.04 Million | €6.85 Billion | ▼ -3.3 pp |
| 2018 | 79.0% | €1.61 Billion | €337.27 Million | €6.26 Billion | ▼ -8.9 pp |
| 2017 | 87.9% | €2.00 Billion | €240.76 Million | €5.73 Billion | ▼ -2.0 pp |
| 2016 | 89.9% | €1.97 Billion | €198.42 Million | €5.44 Billion | ▼ -6.7 pp |
| 2015 | 96.6% | €1.74 Billion | €58.39 Million | €4.00 Billion | ▲ +0.6 pp |
| 2014 | 96.1% | €1.44 Billion | €56.83 Million | €3.54 Billion | — |