Itissalat Al-Maghrib (IAM) S.A (MSPA) — Tangible Net Worth Ratio
Itissalat Al-Maghrib (IAM) S.A (MSPA) has a Tangible Net Worth Ratio of 45.0% as of June 2025. This metric is calculated by deducting intangible assets (€10.29 Billion) from net assets (€18.70 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 MSPA working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Itissalat Al-Maghrib (IAM) S.A Tangible Net Worth Ratio (2013–2025)
This chart shows how Itissalat Al-Maghrib (IAM) S.A's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of June 2025, the ratio stands at 45.0%, reflecting net assets of €18.70 Billion with intangible assets of €10.29 Billion EUR. See how many days can Itissalat Al-Maghrib (IAM) S.A fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Itissalat Al-Maghrib (IAM) S.A (2013–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Itissalat Al-Maghrib (IAM) S.A from 2013 to 2025, covering 13 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 MSPA market cap.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 53.0% | €24.79 Billion | €11.65 Billion | €75.81 Billion | ▲ +8.0 pp |
| 2024 | 45.0% | €18.70 Billion | €10.29 Billion | €70.37 Billion | ▼ -20.3 pp |
| 2023 | 65.2% | €21.00 Billion | €7.30 Billion | €65.54 Billion | ▲ +8.0 pp |
| 2022 | 57.2% | €18.00 Billion | €7.70 Billion | €65.53 Billion | ▼ -2.8 pp |
| 2021 | 60.0% | €18.80 Billion | €7.52 Billion | €61.78 Billion | ▲ +8.7 pp |
| 2020 | 51.3% | €16.69 Billion | €8.12 Billion | €63.54 Billion | ▲ +6.4 pp |
| 2019 | 45.0% | €16.00 Billion | €8.81 Billion | €64.85 Billion | ▼ -15.6 pp |
| 2018 | 60.6% | €19.49 Billion | €7.68 Billion | €62.13 Billion | ▼ -1.5 pp |
| 2017 | 62.1% | €19.75 Billion | €7.49 Billion | €62.68 Billion | ▲ +0.3 pp |
| 2016 | 61.8% | €19.30 Billion | €7.38 Billion | €61.30 Billion | ▼ -2.1 pp |
| 2015 | 63.8% | €19.70 Billion | €7.12 Billion | €60.55 Billion | ▼ -21.5 pp |
| 2014 | 85.3% | €20.16 Billion | €2.96 Billion | €45.82 Billion | ▲ +1.1 pp |
| 2013 | 84.2% | €19.93 Billion | €3.15 Billion | €47.17 Billion | — |