Varengold Bank AG Tangible Net Worth Ratio
Varengold Bank AG 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. Check VG8 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Varengold Bank AG (2013–2023)
Tangible net worth ratio of Varengold Bank AG from 2013 to 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. See Varengold Bank AG (VG8) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Varengold Bank AG Tangible Net Worth Ratio by Year (2013–2023)
Varengold Bank AG tangible net worth ratio by year from 2013 to 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 live market cap and overall valuation, see VG8 market cap.
| 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 | — |