VOLKSWAGEN AG VZ ADR1/10 (VOWB) — Tangible Net Worth Ratio

Latest as of December 2025: 66.5%

VOLKSWAGEN AG VZ ADR1/10 (VOWB) has a Tangible Net Worth Ratio of 66.5% as of December 2025. This metric is calculated by deducting intangible assets (€67.95 Billion) from net assets (€203.05 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 net asset growth rate of VOLKSWAGEN AG VZ ADR1/10 to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

66.5%
Tangible equity / total equity

Net Assets (Equity)

€203.05 Billion
EUR

Intangible Assets

€67.95 Billion
Goodwill, patents, brand value

Total Assets

€644.47 Billion
EUR

VOLKSWAGEN AG VZ ADR1/10 Tangible Net Worth Ratio (2021–2025)

This chart shows how VOLKSWAGEN AG VZ ADR1/10's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 66.5%, reflecting net assets of €203.05 Billion with intangible assets of €67.95 Billion EUR. For live market cap and overall valuation, see VOLKSWAGEN AG VZ ADR1/10 stock valuation.

Annual Tangible Net Worth Ratio for VOLKSWAGEN AG VZ ADR1/10 (2021–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for VOLKSWAGEN AG VZ ADR1/10 from 2021 to 2025, covering 5 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 VOLKSWAGEN AG VZ ADR1/10 (VOWB) reinvestment ratio 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)
2025 66.5% €203.05 Billion €67.95 Billion €644.47 Billion ▲ +0.6 pp
2024 66.0% €196.73 Billion €66.96 Billion €632.90 Billion ▼ -0.8 pp
2023 66.8% €189.19 Billion €62.82 Billion €600.65 Billion ▼ -1.2 pp
2022 68.0% €178.33 Billion €57.04 Billion €564.01 Billion ▲ +3.3 pp
2021 64.8% €146.15 Billion €51.52 Billion €528.61 Billion
pp = percentage points