Vátryggingafélag Íslands hf (SKAGI) — Tangible Net Worth Ratio
Vátryggingafélag Íslands hf (SKAGI) has a Tangible Net Worth Ratio of 94.1% as of December 2023. This metric is calculated by deducting intangible assets (Ikr1.24 Billion) from net assets (Ikr21.17 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 Vátryggingafélag Íslands hf equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Vátryggingafélag Íslands hf Tangible Net Worth Ratio (2014–2023)
This chart shows how Vátryggingafélag Íslands hf's Tangible Net Worth Ratio has changed across 10 annual periods from 2014 to 2023. As of December 2023, the ratio stands at 94.1%, reflecting net assets of Ikr21.17 Billion with intangible assets of Ikr1.24 Billion ISK. For live market cap and overall valuation, see Vátryggingafélag Íslands hf stock valuation.
Annual Tangible Net Worth Ratio for Vátryggingafélag Íslands hf (2014–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Vátryggingafélag Íslands hf 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. Explore Vátryggingafélag Íslands hf (SKAGI) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (ISK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 94.1% | Ikr21.17 Billion | Ikr1.24 Billion | Ikr65.47 Billion | ▼ -0.4 pp |
| 2022 | 94.6% | Ikr17.32 Billion | Ikr940.23 Million | Ikr56.72 Billion | ▼ -0.6 pp |
| 2021 | 95.2% | Ikr20.45 Billion | Ikr986.11 Million | Ikr59.06 Billion | ▲ +2.2 pp |
| 2020 | 93.0% | Ikr16.99 Billion | Ikr1.20 Billion | Ikr54.76 Billion | ▼ -1.2 pp |
| 2019 | 94.2% | Ikr15.19 Billion | Ikr885.16 Million | Ikr50.35 Billion | ▼ -2.1 pp |
| 2018 | 96.3% | Ikr14.91 Billion | Ikr550.55 Million | Ikr47.15 Billion | ▼ -2.0 pp |
| 2017 | 98.3% | Ikr16.77 Billion | Ikr283.50 Million | Ikr46.40 Billion | ▲ +0.4 pp |
| 2016 | 98.0% | Ikr16.37 Billion | Ikr335.37 Million | Ikr46.32 Billion | ▲ +0.3 pp |
| 2015 | 97.7% | Ikr17.55 Billion | Ikr406.13 Million | Ikr44.87 Billion | ▲ +5.9 pp |
| 2014 | 91.8% | Ikr19.18 Billion | Ikr1.58 Billion | Ikr46.33 Billion | — |