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. See Vátryggingafélag Íslands hf current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
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. See Vátryggingafélag Íslands hf (SKAGI) defensive interval to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see SKAGI stock market capitalisation.
| 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 | — |