REN - Redes Energéticas Nacionais SGPS S.A (RENE) — Tangible Net Worth Ratio
REN - Redes Energéticas Nacionais SGPS S.A (RENE) has a Tangible Net Worth Ratio of -188.7% as of June 2026. This metric is calculated by deducting intangible assets (€4.49 Billion) from net assets (€1.56 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 REN - Redes Energéticas Nacionais SGPS S net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
REN - Redes Energéticas Nacionais SGPS S.A Tangible Net Worth Ratio (2003–2025)
This chart shows how REN - Redes Energéticas Nacionais SGPS S.A's Tangible Net Worth Ratio has changed across 23 annual periods from 2003 to 2025. As of June 2026, the ratio stands at -188.7%, reflecting net assets of €1.56 Billion with intangible assets of €4.49 Billion EUR. For live market cap and overall valuation, see RENE stock market capitalisation.
Annual Tangible Net Worth Ratio for REN - Redes Energéticas Nacionais SGPS S.A (2003–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for REN - Redes Energéticas Nacionais SGPS S.A from 2003 to 2025, covering 23 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 RENE capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -192.3% | €1.52 Billion | €4.45 Billion | €5.38 Billion | ▼ -20.3 pp |
| 2024 | -172.0% | €1.55 Billion | €4.22 Billion | €5.36 Billion | ▲ +0.5 pp |
| 2023 | -172.5% | €1.51 Billion | €4.12 Billion | €5.78 Billion | ▼ -3.8 pp |
| 2022 | -168.7% | €1.52 Billion | €4.08 Billion | €6.45 Billion | ▲ +23.8 pp |
| 2021 | -192.5% | €1.41 Billion | €4.12 Billion | €5.59 Billion | ▲ +1.0 pp |
| 2020 | -193.4% | €1.41 Billion | €4.13 Billion | €5.25 Billion | ▼ -2.0 pp |
| 2019 | -191.5% | €1.45 Billion | €4.21 Billion | €5.31 Billion | ▼ -5.0 pp |
| 2018 | -186.4% | €1.46 Billion | €4.19 Billion | €5.19 Billion | ▲ +14.9 pp |
| 2017 | -201.3% | €1.43 Billion | €4.31 Billion | €5.36 Billion | ▲ +28.7 pp |
| 2016 | -230.0% | €1.16 Billion | €3.83 Billion | €4.55 Billion | ▲ +3.1 pp |
| 2015 | -233.2% | €1.16 Billion | €3.87 Billion | €4.59 Billion | ▲ +5.2 pp |
| 2014 | -238.3% | €1.14 Billion | €3.84 Billion | €4.92 Billion | ▲ +21.2 pp |
| 2013 | -259.5% | €1.08 Billion | €3.88 Billion | €5.06 Billion | ▲ +19.6 pp |
| 2012 | -279.1% | €1.03 Billion | €3.90 Billion | €4.69 Billion | ▼ -3.9 pp |
| 2011 | -275.1% | €1.04 Billion | €3.89 Billion | €4.47 Billion | ▼ -10.7 pp |
| 2010 | -264.5% | €1.02 Billion | €3.72 Billion | €4.46 Billion | ▼ -364.1 pp |
| 2009 | 99.6% | €996.60 Million | €3.77 Million | €4.29 Billion | ▼ 0.0 pp |
| 2008 | 99.6% | €1.01 Billion | €3.77 Million | €3.82 Billion | ▲ +0.0 pp |
| 2007 | 99.6% | €1.01 Billion | €3.77 Million | €3.97 Billion | ▲ +8.9 pp |
| 2006 | 90.8% | €1.04 Billion | €95.91 Million | €3.97 Billion | ▼ -9.2 pp |
| 2005 | 100.0% | €924.69 Million | €79.00K | €2.97 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | €862.33 Million | €81.00K | €2.64 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | €847.41 Million | €82.00K | €2.34 Billion | — |