TELECOM ITAL.RISP. ADR/10 (TQI1) — Tangible Net Worth Ratio

Latest as of December 2025: 59.5%

TELECOM ITAL.RISP. ADR/10 (TQI1) has a Tangible Net Worth Ratio of 59.5% as of December 2025. This metric is calculated by deducting intangible assets (€5.45 Billion) from net assets (€13.46 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 TQI1 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

59.5%
Tangible equity / total equity

Net Assets (Equity)

€13.46 Billion
EUR

Intangible Assets

€5.45 Billion
Goodwill, patents, brand value

Total Assets

€36.73 Billion
EUR

TELECOM ITAL.RISP. ADR/10 Tangible Net Worth Ratio (2021–2025)

This chart shows how TELECOM ITAL.RISP. ADR/10's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 59.5%, reflecting net assets of €13.46 Billion with intangible assets of €5.45 Billion EUR. See defensive interval ratio of TELECOM ITAL.RISP. ADR/10 to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for TELECOM ITAL.RISP. ADR/10 (2021–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for TELECOM ITAL.RISP. ADR/10 from 2021 to 2025, covering 5 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 TELECOM ITAL.RISP. ADR/10 (TQI1) total market value.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 59.5% €13.46 Billion €5.45 Billion €36.73 Billion ▲ +4.8 pp
2024 54.7% €13.36 Billion €6.05 Billion €37.66 Billion ▼ -4.5 pp
2023 59.2% €17.51 Billion €7.15 Billion €62.16 Billion ▲ +0.1 pp
2022 59.0% €18.73 Billion €7.67 Billion €62.03 Billion ▼ -8.5 pp
2021 67.6% €22.04 Billion €7.15 Billion €69.19 Billion
pp = percentage points