Spinnova Oy (SPINN) — Tangible Net Worth Ratio
Spinnova Oy (SPINN) has a Tangible Net Worth Ratio of 78.5% as of June 2025. This metric is calculated by deducting intangible assets (€9.64 Million) from net assets (€44.82 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 what is Spinnova Oy's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Spinnova Oy Tangible Net Worth Ratio (2018–2024)
This chart shows how Spinnova Oy's Tangible Net Worth Ratio has changed across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at 78.5%, reflecting net assets of €44.82 Million with intangible assets of €9.64 Million EUR. Also explore Spinnova Oy annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Spinnova Oy (2018–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Spinnova Oy from 2018 to 2024, covering 7 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 SPINN stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 85.5% | €71.17 Million | €10.30 Million | €83.29 Million | ▼ -1.1 pp |
| 2023 | 86.6% | €87.33 Million | €11.70 Million | €98.61 Million | ▼ -2.5 pp |
| 2022 | 89.1% | €100.04 Million | €10.90 Million | €115.03 Million | ▼ -4.3 pp |
| 2021 | 93.4% | €113.89 Million | €7.49 Million | €123.65 Million | ▲ +67.3 pp |
| 2020 | 26.1% | €9.17 Million | €6.77 Million | €16.96 Million | ▼ -25.7 pp |
| 2019 | 51.8% | €13.31 Million | €6.42 Million | €20.86 Million | ▼ -41.8 pp |
| 2018 | 93.6% | €4.20 Million | €268.00K | €7.06 Million | — |