Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco (RJ8) — Tangible Net Worth Ratio
Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco (RJ8) has a Tangible Net Worth Ratio of 98.8% as of September 2025. This metric is calculated by deducting intangible assets (€21.43 Million) from net assets (€1.72 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 Société Anonyme des Bains de Mer et du C short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco Tangible Net Worth Ratio (2014–2025)
This chart shows how Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco's Tangible Net Worth Ratio has changed across 12 annual periods from 2014 to 2025. As of September 2025, the ratio stands at 98.8%, reflecting net assets of €1.72 Billion with intangible assets of €21.43 Million EUR. See Société Anonyme des Bains de Mer et du C (RJ8) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco (2014–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco 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 the full company profile including market capitalisation, see Société Anonyme des Bains de Mer et du C market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.8% | €1.64 Billion | €19.18 Million | €2.19 Billion | ▼ -0.4 pp |
| 2024 | 99.2% | €1.57 Billion | €12.51 Million | €2.10 Billion | ▼ -0.1 pp |
| 2023 | 99.3% | €1.51 Billion | €9.83 Million | €2.06 Billion | ▲ +0.8 pp |
| 2022 | 98.5% | €653.07 Million | €9.71 Million | €1.29 Billion | ▲ +0.2 pp |
| 2021 | 98.3% | €567.24 Million | €9.61 Million | €1.28 Billion | ▼ -0.4 pp |
| 2020 | 98.7% | €650.35 Million | €8.52 Million | €1.42 Billion | ▲ +0.0 pp |
| 2019 | 98.7% | €623.06 Million | €8.23 Million | €1.39 Billion | ▼ -0.1 pp |
| 2018 | 98.8% | €624.75 Million | €7.32 Million | €1.18 Billion | ▼ -0.1 pp |
| 2017 | 98.9% | €639.63 Million | €6.86 Million | €1.05 Billion | ▼ -0.1 pp |
| 2016 | 99.0% | €656.17 Million | €6.29 Million | €1.02 Billion | ▼ 0.0 pp |
| 2015 | 99.1% | €680.36 Million | €6.19 Million | €1.01 Billion | ▲ +0.5 pp |
| 2014 | 98.6% | €498.75 Million | €7.08 Million | €858.35 Million | — |