Smurfit Kappa Group PLC (SK3) — Tangible Net Worth Ratio
Smurfit Kappa Group PLC (SK3) has a Tangible Net Worth Ratio of 94.3% as of March 2026. This metric is calculated by deducting intangible assets (€1.04 Billion) from net assets (€18.08 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. Also explore SK3 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Smurfit Kappa Group PLC Tangible Net Worth Ratio (2013–2025)
This chart shows how Smurfit Kappa Group PLC's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 94.3%, reflecting net assets of €18.08 Billion with intangible assets of €1.04 Billion EUR. For live market cap and overall valuation, see SK3 company net worth.
Annual Tangible Net Worth Ratio for Smurfit Kappa Group PLC (2013–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Smurfit Kappa Group PLC 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. Explore Smurfit Kappa Group PLC (SK3) reinvestment ratio 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) |
|---|---|---|---|---|---|
| 2025 | 94.2% | €18.35 Billion | €1.06 Billion | €45.16 Billion | ▲ +0.7 pp |
| 2024 | 93.6% | €17.39 Billion | €1.12 Billion | €43.76 Billion | ▼ -2.9 pp |
| 2023 | 96.5% | €5.57 Billion | €195.00 Million | €12.63 Billion | ▲ +0.8 pp |
| 2022 | 95.7% | €5.04 Billion | €217.00 Million | €12.48 Billion | ▲ +0.5 pp |
| 2021 | 95.2% | €4.39 Billion | €211.00 Million | €11.71 Billion | ▲ +0.7 pp |
| 2020 | 94.5% | €3.78 Billion | €208.00 Million | €10.29 Billion | ▲ +2.3 pp |
| 2019 | 92.2% | €2.99 Billion | €233.00 Million | €9.93 Billion | ▲ +0.1 pp |
| 2018 | 92.1% | €2.89 Billion | €229.00 Million | €9.49 Billion | ▼ -2.5 pp |
| 2017 | 94.6% | €2.66 Billion | €143.00 Million | €9.01 Billion | ▲ +1.8 pp |
| 2016 | 92.8% | €2.50 Billion | €180.00 Million | €8.86 Billion | ▲ +0.5 pp |
| 2015 | 92.3% | €2.33 Billion | €180.00 Million | €8.51 Billion | ▼ -1.9 pp |
| 2014 | 94.1% | €2.42 Billion | €142.00 Million | €8.48 Billion | ▼ -2.4 pp |
| 2013 | 96.6% | €2.51 Billion | €86.00 Million | €8.23 Billion | — |