ArcelorMittal SA (0RP9) — Tangible Net Worth Ratio
ArcelorMittal SA (0RP9) has a Tangible Net Worth Ratio of 90.9% as of September 2021. This metric is calculated by deducting intangible assets (€4.31 Billion) from net assets (€47.12 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 ArcelorMittal SA (0RP9) 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
ArcelorMittal SA Tangible Net Worth Ratio (2016–2020)
This chart shows how ArcelorMittal SA's Tangible Net Worth Ratio has changed across 5 annual periods from 2016 to 2020. As of September 2021, the ratio stands at 90.9%, reflecting net assets of €47.12 Billion with intangible assets of €4.31 Billion EUR. For live market cap and overall valuation, see ArcelorMittal SA (0RP9) market capitalisation.
Annual Tangible Net Worth Ratio for ArcelorMittal SA (2016–2020)
The table below presents the year-by-year Tangible Net Worth Ratio for ArcelorMittal SA from 2016 to 2020, covering 5 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 ArcelorMittal SA (0RP9) capital reinvestment 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) |
|---|---|---|---|---|---|
| 2020 | 99.2% | €38.28 Billion | €320.00 Million | €82.05 Billion | ▲ +0.0 pp |
| 2019 | 99.1% | €38.52 Billion | €328.00 Million | €87.91 Billion | ▲ +0.9 pp |
| 2018 | 98.2% | €42.09 Billion | €742.00 Million | €91.25 Billion | ▼ -0.6 pp |
| 2017 | 98.9% | €38.79 Billion | €443.00 Million | €85.30 Billion | ▲ +0.2 pp |
| 2016 | 98.7% | €30.14 Billion | €403.00 Million | €75.14 Billion | — |