msg life ag (MSGL) — Tangible Net Worth Ratio
msg life ag (MSGL) has a Tangible Net Worth Ratio of 94.6% as of December 2016. This metric is calculated by deducting intangible assets (€2.79 Million) from net assets (€52.16 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 msg life ag (MSGL) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
msg life ag Tangible Net Worth Ratio (2014–2023)
This chart shows how msg life ag's Tangible Net Worth Ratio has changed across 10 annual periods from 2014 to 2023. As of December 2016, the ratio stands at 94.6%, reflecting net assets of €52.16 Million with intangible assets of €2.79 Million EUR. See MSGL cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for msg life ag (2014–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for msg life ag from 2014 to 2023, covering 10 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 msg life ag (MSGL) total market value.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 99.6% | €77.56 Million | €304.00K | €120.52 Million | ▲ +0.6 pp |
| 2022 | 99.0% | €68.34 Million | €667.00K | €111.29 Million | ▲ +0.8 pp |
| 2021 | 98.2% | €57.58 Million | €1.03 Million | €99.50 Million | ▲ +1.4 pp |
| 2020 | 96.8% | €43.59 Million | €1.39 Million | €82.31 Million | ▲ +2.6 pp |
| 2019 | 94.2% | €37.19 Million | €2.14 Million | €74.61 Million | ▼ -0.2 pp |
| 2018 | 94.4% | €38.19 Million | €2.14 Million | €75.50 Million | ▼ -1.7 pp |
| 2017 | 96.1% | €61.82 Million | €2.43 Million | €103.58 Million | ▲ +1.4 pp |
| 2016 | 94.6% | €52.16 Million | €2.79 Million | €88.72 Million | ▲ +1.7 pp |
| 2015 | 92.9% | €45.45 Million | €3.21 Million | €81.59 Million | ▲ +2.7 pp |
| 2014 | 90.3% | €40.23 Million | €3.92 Million | €79.29 Million | — |