Nordex SE (NDX1) — Tangible Net Worth Ratio

Latest as of December 2025: 82.8%

Nordex SE (NDX1) has a Tangible Net Worth Ratio of 82.8% as of December 2025. This metric is calculated by deducting intangible assets (€220.51 Million) from net assets (€1.28 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 working capital to net assets of Nordex SE to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

82.8%
Tangible equity / total equity

Net Assets (Equity)

€1.28 Billion
EUR

Intangible Assets

€220.51 Million
Goodwill, patents, brand value

Total Assets

€6.75 Billion
EUR

Nordex SE Tangible Net Worth Ratio (2013–2025)

This chart shows how Nordex SE's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 82.8%, reflecting net assets of €1.28 Billion with intangible assets of €220.51 Million EUR. See Nordex SE (NDX1) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Nordex SE (2013–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Nordex SE 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 NDX1 stock market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 82.8% €1.28 Billion €220.51 Million €6.75 Billion ▲ +3.0 pp
2024 79.8% €996.62 Million €200.96 Million €5.63 Billion ▼ -1.4 pp
2023 81.2% €978.12 Million €183.90 Million €5.42 Billion ▲ +1.0 pp
2022 80.2% €878.06 Million €174.07 Million €4.76 Billion ▼ -2.9 pp
2021 83.0% €1.06 Billion €180.21 Million €4.11 Billion ▲ +7.2 pp
2020 75.9% €773.53 Million €186.62 Million €4.41 Billion ▲ +4.8 pp
2019 71.0% €745.39 Million €215.81 Million €4.00 Billion ▲ +4.2 pp
2018 66.8% €697.29 Million €231.15 Million €3.06 Billion ▼ -1.3 pp
2017 68.2% €918.99 Million €292.25 Million €2.81 Billion ▲ +3.8 pp
2016 64.4% €940.01 Million €334.32 Million €2.99 Billion ▼ -34.3 pp
2015 98.7% €455.60 Million €5.80 Million €1.46 Billion ▼ -0.5 pp
2014 99.3% €396.00 Million €2.87 Million €1.24 Billion ▲ +0.1 pp
2013 99.1% €368.13 Million €3.20 Million €1.19 Billion
pp = percentage points