Global PVQ SE (QCE) — Tangible Net Worth Ratio

Latest as of December 2011: 67.3%

Global PVQ SE (QCE) has a Tangible Net Worth Ratio of 67.3% as of December 2011. This metric is calculated by deducting intangible assets (€11.20 Million) from net assets (€34.20 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 Global PVQ SE current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

67.3%
Tangible equity / total equity

Net Assets (Equity)

€34.20 Million
EUR

Intangible Assets

€11.20 Million
Goodwill, patents, brand value

Total Assets

€1.22 Billion
EUR

Global PVQ SE Tangible Net Worth Ratio (2008–2011)

This chart shows how Global PVQ SE's Tangible Net Worth Ratio has changed across 4 annual periods from 2008 to 2011. As of December 2011, the ratio stands at 67.3%, reflecting net assets of €34.20 Million with intangible assets of €11.20 Million EUR. See Global PVQ SE (QCE) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Global PVQ SE (2008–2011)

The table below presents the year-by-year Tangible Net Worth Ratio for Global PVQ SE from 2008 to 2011, covering 4 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 QCE market cap overview.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2011 67.3% €34.20 Million €11.20 Million €1.22 Billion ▼ -31.3 pp
2010 98.5% €882.70 Million €12.80 Million €2.18 Billion ▲ +0.3 pp
2009 98.2% €737.00 Million €13.00 Million €2.23 Billion ▲ +0.2 pp
2008 98.1% €1.88 Billion €36.10 Million €2.84 Billion
pp = percentage points