SIEMENS HEALTH ADR/050 (SHL1) — Tangible Net Worth Ratio

Latest as of December 2025: 65.3%

SIEMENS HEALTH ADR/050 (SHL1) has a Tangible Net Worth Ratio of 65.3% as of December 2025. This metric is calculated by deducting intangible assets (€6.41 Billion) from net assets (€18.48 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 SIEMENS HEALTH ADR/050 (SHL1) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

65.3%
Tangible equity / total equity

Net Assets (Equity)

€18.48 Billion
EUR

Intangible Assets

€6.41 Billion
Goodwill, patents, brand value

Total Assets

€44.27 Billion
EUR

SIEMENS HEALTH ADR/050 Tangible Net Worth Ratio (2022–2024)

This chart shows how SIEMENS HEALTH ADR/050's Tangible Net Worth Ratio has changed across 3 annual periods from 2022 to 2024. As of December 2025, the ratio stands at 65.3%, reflecting net assets of €18.48 Billion with intangible assets of €6.41 Billion EUR. See SIEMENS HEALTH ADR/050 defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for SIEMENS HEALTH ADR/050 (2022–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for SIEMENS HEALTH ADR/050 from 2022 to 2024, covering 3 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 SIEMENS HEALTH ADR/050 (SHL1) market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2024 61.3% €18.25 Billion €7.06 Billion €46.05 Billion ▲ +3.9 pp
2023 57.4% €18.13 Billion €7.73 Billion €46.68 Billion ▲ +1.3 pp
2022 56.1% €19.85 Billion €8.71 Billion €49.06 Billion
pp = percentage points