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. Also explore Varengold Bank AG (VG8) equity growth momentum to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see VG8 market cap.
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. Explore how much does Varengold Bank AG reinvest in capital 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) |
|---|---|---|---|---|---|
| 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 | — |