VONOVIA SE ADR 1/2/O.N (VNAA) — Tangible Net Worth Ratio
VONOVIA SE ADR 1/2/O.N (VNAA) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (€0.00) from net assets (€31.56 Billion) 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 VONOVIA SE ADR 1/2/O.N 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
VONOVIA SE ADR 1/2/O.N Tangible Net Worth Ratio (2021–2024)
This chart shows how VONOVIA SE ADR 1/2/O.N's Tangible Net Worth Ratio has changed across 4 annual periods from 2021 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of €31.56 Billion with intangible assets of €0.00 EUR. For live market cap and overall valuation, see VNAA company net worth.
Annual Tangible Net Worth Ratio for VONOVIA SE ADR 1/2/O.N (2021–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for VONOVIA SE ADR 1/2/O.N from 2021 to 2024, covering 4 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. See VONOVIA SE ADR 1/2/O.N free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.9% | €28.13 Billion | €32.70 Million | €90.24 Billion | ▼ 0.0 pp |
| 2023 | 99.9% | €29.94 Billion | €32.00 Million | €92.00 Billion | ▲ +0.3 pp |
| 2022 | 99.6% | €34.44 Billion | €129.60 Million | €101.39 Billion | ▲ +0.3 pp |
| 2021 | 99.3% | €36.14 Billion | €238.70 Million | €105.91 Billion | — |