Ming Le Sports AG (ML2) — Tangible Net Worth Ratio
Ming Le Sports AG (ML2) has a Tangible Net Worth Ratio of 100.0% as of December 2024. This metric is calculated by deducting intangible assets (€0.00) from net assets (€1.22 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 Ming Le Sports AG (ML2) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ming Le Sports AG Tangible Net Worth Ratio (2017–2024)
This chart shows how Ming Le Sports AG's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of December 2024, the ratio stands at 100.0%, reflecting net assets of €1.22 Million with intangible assets of €0.00 EUR. For live market cap and overall valuation, see ML2 stock market capitalisation.
Annual Tangible Net Worth Ratio for Ming Le Sports AG (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Ming Le Sports AG from 2017 to 2024, covering 8 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 ML2 free cash flow generation 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) |
|---|---|---|---|---|---|
| 2024 | 100.0% | €1.22 Million | €0.00 | €1.26 Million | ▲ +0.0 pp |
| 2023 | 100.0% | €1.43 Million | €0.00 | €1.47 Million | ▲ +0.0 pp |
| 2022 | 100.0% | €1.31 Million | €0.00 | €1.35 Million | ▲ +0.0 pp |
| 2021 | 100.0% | €1.89 Million | €0.00 | €1.93 Million | ▲ +0.0 pp |
| 2020 | 100.0% | €2.11 Million | €0.00 | €2.17 Million | ▲ +0.0 pp |
| 2019 | 100.0% | €1.97 Million | €0.00 | €2.23 Million | ▲ +0.0 pp |
| 2018 | 100.0% | €1.81 Million | €0.00 | €2.16 Million | ▲ +0.0 pp |
| 2017 | 100.0% | €637.36K | €0.00 | €913.43K | — |