Nokian Renkaat Oyj Tangible Net Worth Ratio
Nokian Renkaat Oyj tangible net worth ratio. Nokian Renkaat Oyj (TYRES) has a Tangible Net Worth Ratio of 98.7% as of June 2025. This metric is calculated by deducting intangible assets (€15.20 Million) from net assets (€1.14 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 TYRES shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Nokian Renkaat Oyj (2000–2024)
Tangible net worth ratio of Nokian Renkaat Oyj from 2000 to 2024. This chart shows how Nokian Renkaat Oyj's Tangible Net Worth Ratio has changed across 25 annual periods from 2000 to 2024. As of June 2025, the ratio stands at 98.7%, reflecting net assets of €1.14 Billion with intangible assets of €15.20 Million EUR. Check Nokian Renkaat Oyj PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Nokian Renkaat Oyj Tangible Net Worth Ratio by Year (2000–2024)
Nokian Renkaat Oyj tangible net worth ratio by year from 2000 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Nokian Renkaat Oyj from 2000 to 2024, covering 25 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 live market cap and overall valuation, see Nokian Renkaat Oyj market capitalisation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.7% | €1.27 Billion | €16.70 Million | €2.42 Billion | ▼ -0.3 pp |
| 2023 | 99.0% | €1.35 Billion | €13.80 Million | €2.33 Billion | ▲ +0.1 pp |
| 2022 | 98.9% | €1.43 Billion | €15.50 Million | €2.21 Billion | ▲ +0.2 pp |
| 2021 | 98.7% | €1.63 Billion | €21.50 Million | €2.38 Billion | ▲ +0.2 pp |
| 2020 | 98.5% | €1.52 Billion | €23.50 Million | €2.34 Billion | ▲ +0.4 pp |
| 2019 | 98.0% | €1.77 Billion | €35.10 Million | €2.33 Billion | ▲ +0.3 pp |
| 2018 | 97.7% | €1.49 Billion | €33.60 Million | €2.09 Billion | ▲ +0.2 pp |
| 2017 | 97.6% | €1.47 Billion | €35.60 Million | €1.88 Billion | ▲ +0.1 pp |
| 2016 | 97.5% | €1.46 Billion | €37.10 Million | €1.98 Billion | ▼ -1.0 pp |
| 2015 | 98.4% | €1.24 Billion | €19.40 Million | €1.75 Billion | ▲ +0.1 pp |
| 2014 | 98.4% | €1.21 Billion | €19.80 Million | €1.80 Billion | ▲ +0.1 pp |
| 2013 | 98.2% | €1.39 Billion | €24.80 Million | €2.06 Billion | ▲ +0.1 pp |
| 2012 | 98.2% | €1.44 Billion | €26.40 Million | €2.02 Billion | ▲ +0.1 pp |
| 2011 | 98.1% | €1.19 Billion | €22.60 Million | €1.88 Billion | ▲ +0.2 pp |
| 2010 | 97.9% | €937.20 Million | €19.70 Million | €1.37 Billion | ▲ +0.4 pp |
| 2009 | 97.5% | €757.60 Million | €19.20 Million | €1.22 Billion | ▼ -0.1 pp |
| 2008 | 97.6% | €777.30 Million | €19.00 Million | €1.42 Billion | ▼ -1.4 pp |
| 2007 | 98.9% | €712.80 Million | €7.50 Million | €1.16 Billion | ▲ +0.4 pp |
| 2006 | 98.5% | €556.60 Million | €8.20 Million | €884.70 Million | ▲ +0.3 pp |
| 2005 | 98.2% | €471.40 Million | €8.50 Million | €797.40 Million | ▲ +1.5 pp |
| 2004 | 96.7% | €268.30 Million | €8.90 Million | €578.20 Million | ▲ +2.2 pp |
| 2003 | 94.5% | €247.20 Million | €13.67 Million | €476.07 Million | ▲ +0.4 pp |
| 2002 | 94.1% | €211.38 Million | €12.52 Million | €450.91 Million | ▲ +1.6 pp |
| 2001 | 92.5% | €185.03 Million | €13.97 Million | €459.78 Million | ▼ -0.7 pp |
| 2000 | 93.1% | €167.30 Million | €11.51 Million | €463.99 Million | — |