Heeros Oyj (HEEROS) — Tangible Net Worth Ratio

Latest as of December 2024: -9.6%

Heeros Oyj (HEEROS) has a Tangible Net Worth Ratio of -9.6% as of December 2024. This metric is calculated by deducting intangible assets (€8.66 Million) from net assets (€7.90 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 HEEROS net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-9.6%
Tangible equity / total equity

Net Assets (Equity)

€7.90 Million
EUR

Intangible Assets

€8.66 Million
Goodwill, patents, brand value

Total Assets

€11.33 Million
EUR

Heeros Oyj Tangible Net Worth Ratio (2013–2024)

This chart shows how Heeros Oyj's Tangible Net Worth Ratio has changed across 12 annual periods from 2013 to 2024. As of December 2024, the ratio stands at -9.6%, reflecting net assets of €7.90 Million with intangible assets of €8.66 Million EUR. See HEEROS defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Heeros Oyj (2013–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Heeros Oyj from 2013 to 2024, covering 12 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 HEEROS market cap.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2024 -9.6% €7.90 Million €8.66 Million €11.33 Million ▼ -39.7 pp
2023 30.1% €7.30 Million €5.10 Million €11.08 Million ▲ +8.6 pp
2022 21.5% €6.75 Million €5.30 Million €11.68 Million ▲ +94.1 pp
2021 -72.6% €2.48 Million €4.29 Million €6.74 Million ▲ +49.0 pp
2020 -121.7% €1.97 Million €4.37 Million €5.79 Million ▲ +30.7 pp
2019 -152.4% €1.81 Million €4.56 Million €5.76 Million ▼ -33.3 pp
2018 -119.1% €1.99 Million €4.36 Million €6.21 Million ▼ -62.0 pp
2017 -57.1% €2.50 Million €3.92 Million €5.70 Million ▼ -59.5 pp
2016 2.4% €3.36 Million €3.28 Million €6.72 Million ▲ +189.0 pp
2015 -186.6% €1.06 Million €3.04 Million €4.59 Million ▲ +158.8 pp
2014 -345.4% €624.77K €2.78 Million €3.83 Million ▲ +114.0 pp
2013 -459.4% €430.66K €2.41 Million €3.50 Million
pp = percentage points