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. See L12 current assets to equity 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)

€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. See L12 days of operational coverage to measure how many days the company can operate on defensive assets alone.

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. For the full company profile including market capitalisation, see KINGS ENTERTAINMENT GROUP market capitalisation.

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