KINGS ENTERTAINMENT GROUP (L12) — Tangible Net Worth Ratio

Latest as of December 2022: 100.0%

KINGS ENTERTAINMENT GROUP (L12) has a Tangible Net Worth Ratio of 100.0% as of December 2022. This metric is calculated by deducting intangible assets (€0.00) from net assets (€1.58 Million) 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 KINGS ENTERTAINMENT GROUP (L12) net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

€1.58 Million
EUR

Intangible Assets

€0.00
Goodwill, patents, brand value

Total Assets

€4.28 Million
EUR

KINGS ENTERTAINMENT GROUP Tangible Net Worth Ratio (2021–2022)

This chart shows how KINGS ENTERTAINMENT GROUP's Tangible Net Worth Ratio has changed across 2 annual periods from 2021 to 2022. As of December 2022, the ratio stands at 100.0%, reflecting net assets of €1.58 Million with intangible assets of €0.00 EUR. For live market cap and overall valuation, see KINGS ENTERTAINMENT GROUP (L12) total market value.

Annual Tangible Net Worth Ratio for KINGS ENTERTAINMENT GROUP (2021–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for KINGS ENTERTAINMENT GROUP from 2021 to 2022, covering 2 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 how much free cash does KINGS ENTERTAINMENT GROUP generate 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)
2022 100.0% €1.58 Million €0.00 €4.28 Million ▲ +0.0 pp
2021 100.0% €6.47 Million €0.00 €9.39 Million
pp = percentage points