National Tyre & Wheel Limited (N37) — Tangible Net Worth Ratio

Latest as of June 2026: 95.6%

National Tyre & Wheel Limited (N37) has a Tangible Net Worth Ratio of 95.6% as of June 2026. This metric is calculated by deducting intangible assets (€2.98 Million) from net assets (€67.90 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 National Tyre & Wheel Limited (N37) net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

95.6%
Tangible equity / total equity

Net Assets (Equity)

€67.90 Million
EUR

Intangible Assets

€2.98 Million
Goodwill, patents, brand value

Total Assets

€293.05 Million
EUR

National Tyre & Wheel Limited Tangible Net Worth Ratio (2017–2026)

This chart shows how National Tyre & Wheel Limited's Tangible Net Worth Ratio has changed across 10 annual periods from 2017 to 2026. As of June 2026, the ratio stands at 95.6%, reflecting net assets of €67.90 Million with intangible assets of €2.98 Million EUR. For live market cap and overall valuation, see National Tyre & Wheel Limited (N37) market capitalisation.

Annual Tangible Net Worth Ratio for National Tyre & Wheel Limited (2017–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for National Tyre & Wheel Limited from 2017 to 2026, 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. Explore N37 capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2026 95.6% €67.90 Million €2.98 Million €293.05 Million ▲ +0.0 pp
2025 95.6% €86.36 Million €3.81 Million €354.10 Million ▲ +11.7 pp
2024 83.9% €117.30 Million €18.86 Million €413.10 Million ▲ +3.0 pp
2023 80.9% €115.34 Million €22.02 Million €376.05 Million ▲ +2.9 pp
2022 78.0% €112.47 Million €24.76 Million €405.49 Million ▼ -13.2 pp
2021 91.1% €91.81 Million €8.13 Million €268.44 Million ▲ +4.5 pp
2020 86.7% €68.84 Million €9.17 Million €125.19 Million ▲ +2.8 pp
2019 83.8% €70.74 Million €11.44 Million €118.20 Million ▲ +3.8 pp
2018 80.1% €66.66 Million €13.29 Million €121.59 Million ▲ +2.8 pp
2017 77.3% €57.91 Million €13.15 Million €102.41 Million
pp = percentage points