Manchester United Ltd Tangible Net Worth Ratio

Latest as of December 2025: -204.8%

Manchester United Ltd tangible net worth ratio. Manchester United Ltd (MUF) has a Tangible Net Worth Ratio of -204.8% as of December 2025. This metric is calculated by deducting intangible assets (€581.34 Million) from net assets (€190.74 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 MUF shareholders equity momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

-204.8%
Tangible equity / total equity

Net Assets (Equity)

€190.74 Million
EUR

Intangible Assets

€581.34 Million
Goodwill, patents, brand value

Total Assets

€1.67 Billion
EUR

Tangible Net Worth Ratio of Manchester United Ltd (2014–2025)

Tangible net worth ratio of Manchester United Ltd from 2014 to 2025. This chart shows how Manchester United Ltd's Tangible Net Worth Ratio has changed across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at -204.8%, reflecting net assets of €190.74 Million with intangible assets of €581.34 Million EUR. Check MUF capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Manchester United Ltd Tangible Net Worth Ratio by Year (2014–2025)

Manchester United Ltd tangible net worth ratio by year from 2014 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Manchester United Ltd from 2014 to 2025, covering 12 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 live market cap and overall valuation, see Manchester United Ltd (MUF) market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 -181.3% €193.73 Million €545.00 Million €1.64 Billion ▲ +5.9 pp
2024 -187.2% €144.89 Million €416.11 Million €1.34 Billion ▲ +88.9 pp
2023 -276.1% €103.95 Million €390.93 Million €1.32 Billion ▼ -123.7 pp
2022 -152.4% €127.51 Million €321.82 Million €1.29 Billion ▼ -130.2 pp
2021 -22.2% €272.51 Million €333.01 Million €1.26 Billion ▼ -21.5 pp
2020 -0.7% €351.23 Million €353.72 Million €1.38 Billion ▼ -17.0 pp
2019 16.3% €415.20 Million €347.40 Million €1.50 Billion ▲ +5.3 pp
2018 11.1% €425.27 Million €378.19 Million €1.55 Billion ▼ -26.9 pp
2017 38.0% €477.62 Million €296.09 Million €1.53 Billion ▼ -8.7 pp
2016 46.7% €458.28 Million €244.18 Million €1.45 Billion ▼ -53.1 pp
2015 99.8% €477.92 Million €798.00K €1.30 Billion ▼ -0.2 pp
2014 100.0% €498.65 Million €0.00 €1.22 Billion —
pp = percentage points