MGM China Holdings Limited (M04) — Tangible Net Worth Ratio
MGM China Holdings Limited (M04) has a Tangible Net Worth Ratio of 61.9% as of December 2025. This metric is calculated by deducting intangible assets (€1.24 Billion) from net assets (€3.25 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. See MGM China Holdings Limited (M04) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
MGM China Holdings Limited Tangible Net Worth Ratio (2014–2025)
This chart shows how MGM China Holdings Limited's Tangible Net Worth Ratio has changed across 10 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 61.9%, reflecting net assets of €3.25 Billion with intangible assets of €1.24 Billion EUR. See defensive interval ratio of MGM China Holdings Limited to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for MGM China Holdings Limited (2014–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for MGM China Holdings Limited from 2014 to 2025, covering 10 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 MGM China Holdings Limited market capitalisation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 61.9% | €3.25 Billion | €1.24 Billion | €29.67 Billion | ▲ +230.0 pp |
| 2024 | -168.1% | €527.53 Million | €1.41 Billion | €30.60 Billion | ▼ -264.3 pp |
| 2021 | 96.1% | €1.20 Billion | €46.27 Million | €28.44 Billion | ▼ -1.0 pp |
| 2020 | 97.2% | €5.02 Billion | €141.70 Million | €29.67 Billion | ▼ -0.5 pp |
| 2019 | 97.7% | €10.46 Billion | €244.84 Million | €32.51 Billion | ▲ +12.0 pp |
| 2018 | 85.7% | €8.95 Billion | €1.28 Billion | €35.13 Billion | ▲ +3.0 pp |
| 2017 | 82.7% | €8.51 Billion | €1.48 Billion | €36.61 Billion | ▲ +5.8 pp |
| 2016 | 76.8% | €7.22 Billion | €1.67 Billion | €27.08 Billion | ▲ +14.9 pp |
| 2015 | 62.0% | €4.92 Billion | €1.87 Billion | €21.95 Billion | ▼ -5.5 pp |
| 2014 | 67.4% | €6.34 Billion | €2.07 Billion | €16.83 Billion | — |