Value Management & Research AG (VMR1) — Tangible Net Worth Ratio
Value Management & Research AG (VMR1) has a Tangible Net Worth Ratio of 89.1% as of June 2023. This metric is calculated by deducting intangible assets (€747.93K) from net assets (€6.88 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 Value Management & Research AG working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Value Management & Research AG Tangible Net Worth Ratio (2013–2022)
This chart shows how Value Management & Research AG's Tangible Net Worth Ratio has changed across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at 89.1%, reflecting net assets of €6.88 Million with intangible assets of €747.93K EUR. See Value Management & Research AG defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Value Management & Research AG (2013–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Value Management & Research AG from 2013 to 2022, covering 10 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 VMR1 market cap overview.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 90.5% | €8.65 Million | €822.17K | €121.42 Million | ▲ +0.0 pp |
| 2021 | 90.5% | €10.20 Million | €971.18K | €99.37 Million | ▲ +3.1 pp |
| 2020 | 87.4% | €7.46 Million | €943.52K | €23.55 Million | ▲ +6.0 pp |
| 2019 | 81.4% | €6.81 Million | €1.27 Million | €20.18 Million | ▲ +48.7 pp |
| 2018 | 32.7% | €2.87 Million | €1.93 Million | €8.97 Million | ▲ +11.9 pp |
| 2017 | 20.8% | €3.58 Million | €2.84 Million | €10.12 Million | ▲ +2.4 pp |
| 2016 | 18.3% | €4.08 Million | €3.33 Million | €10.23 Million | ▼ -6.0 pp |
| 2015 | 24.3% | €4.62 Million | €3.50 Million | €11.37 Million | ▼ -74.9 pp |
| 2014 | 99.3% | €2.61 Million | €18.39K | €3.80 Million | ▼ -0.7 pp |
| 2013 | 100.0% | €2.40 Million | €0.00 | €3.50 Million | — |