Valora Effekten Handel AG (VEH) — Tangible Net Worth Ratio
Valora Effekten Handel AG (VEH) has a Tangible Net Worth Ratio of 97.5% as of December 2025. This metric is calculated by deducting intangible assets (€29.17K) from net assets (€1.18 Million) 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 Valora Effekten Handel AG current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Valora Effekten Handel AG Tangible Net Worth Ratio (2013–2025)
This chart shows how Valora Effekten Handel AG's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 97.5%, reflecting net assets of €1.18 Million with intangible assets of €29.17K EUR. See defensive interval ratio of Valora Effekten Handel AG to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Valora Effekten Handel AG (2013–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Valora Effekten Handel AG 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 VEH stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.5% | €1.18 Million | €29.17K | €1.79 Million | ▲ +0.0 pp |
| 2024 | 97.5% | €1.16 Million | €29.17K | €1.47 Million | ▼ -0.6 pp |
| 2023 | 98.1% | €1.51 Million | €29.17K | €1.76 Million | ▼ -0.1 pp |
| 2022 | 98.2% | €1.69 Million | €31.30K | €1.99 Million | ▼ -0.4 pp |
| 2021 | 98.5% | €2.13 Million | €31.33K | €2.59 Million | ▲ +0.2 pp |
| 2020 | 98.3% | €2.13 Million | €35.98K | €2.50 Million | ▲ +0.3 pp |
| 2019 | 98.1% | €2.13 Million | €41.48K | €2.36 Million | ▲ +0.2 pp |
| 2018 | 97.9% | €2.13 Million | €45.75K | €2.48 Million | ▼ -0.9 pp |
| 2017 | 98.8% | €2.60 Million | €31.30K | €3.27 Million | ▲ +0.1 pp |
| 2016 | 98.7% | €2.38 Million | €32.04K | €2.80 Million | ▲ +0.1 pp |
| 2015 | 98.6% | €2.31 Million | €32.93K | €2.62 Million | ▲ +0.1 pp |
| 2014 | 98.5% | €2.24 Million | €33.82K | €2.46 Million | ▼ -0.1 pp |
| 2013 | 98.6% | €2.39 Million | €34.72K | €2.63 Million | — |