Varengold Bank AG (VG8) — Tangible Net Worth Ratio
Varengold Bank AG (VG8) has a Tangible Net Worth Ratio of 100.0% as of June 2024. This metric is calculated by deducting intangible assets (€35.52K) from net assets (€84.96 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 Varengold Bank AG (VG8) shareholders funds for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Varengold Bank AG Tangible Net Worth Ratio (2013–2023)
This chart shows how Varengold Bank AG's Tangible Net Worth Ratio has changed across 11 annual periods from 2013 to 2023. As of June 2024, the ratio stands at 100.0%, reflecting net assets of €84.96 Million with intangible assets of €35.52K EUR. Also explore VG8 net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Varengold Bank AG (2013–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Varengold Bank AG from 2013 to 2023, covering 11 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 market value of Varengold Bank AG.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 99.9% | €79.41 Million | €45.47K | €1.35 Billion | ▲ +0.1 pp |
| 2022 | 99.9% | €64.89 Million | €86.00K | €1.42 Billion | ▲ +0.1 pp |
| 2021 | 99.7% | €55.83 Million | €157.20K | €1.47 Billion | ▲ +0.0 pp |
| 2020 | 99.7% | €38.67 Million | €124.90K | €995.19 Million | ▲ +0.2 pp |
| 2019 | 99.5% | €34.15 Million | €177.07K | €707.33 Million | ▲ +0.1 pp |
| 2018 | 99.4% | €24.77 Million | €154.49K | €530.93 Million | ▲ +0.0 pp |
| 2017 | 99.4% | €18.46 Million | €116.42K | €445.21 Million | ▲ +0.9 pp |
| 2016 | 98.4% | €13.58 Million | €212.90K | €613.89 Million | ▲ +13.5 pp |
| 2015 | 84.9% | €2.40 Million | €362.40K | €601.22 Million | ▼ -11.2 pp |
| 2014 | 96.1% | €12.08 Million | €472.40K | €353.18 Million | ▲ +6.7 pp |
| 2013 | 89.4% | €8.68 Million | €921.40K | €53.11 Million | — |