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. Also explore Value Management & Research AG net asset momentum to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see Value Management & Research AG stock valuation.
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. Explore reinvestment intensity of Value Management & Research AG 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) |
|---|---|---|---|---|---|
| 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 | — |