ConvaTec Group PLC (CTEC) — Tangible Net Worth Ratio
ConvaTec Group PLC (CTEC) has a Tangible Net Worth Ratio of 58.1% as of June 2025. This metric is calculated by deducting intangible assets (GBX759.30 Million) from net assets (GBX1.81 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 working capital to net assets of ConvaTec Group PLC to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
ConvaTec Group PLC Tangible Net Worth Ratio (2016–2024)
This chart shows how ConvaTec Group PLC's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 58.1%, reflecting net assets of GBX1.81 Billion with intangible assets of GBX759.30 Million GBX. See ConvaTec Group PLC defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for ConvaTec Group PLC (2016–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for ConvaTec Group PLC from 2016 to 2024, covering 9 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 market value of ConvaTec Group PLC.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 52.3% | GBX1.69 Billion | GBX805.90 Million | GBX3.52 Billion | ▲ +7.5 pp |
| 2023 | 44.8% | GBX1.69 Billion | GBX935.00 Million | GBX3.71 Billion | ▲ +2.2 pp |
| 2022 | 42.6% | GBX1.61 Billion | GBX924.20 Million | GBX3.59 Billion | ▼ -4.3 pp |
| 2021 | 46.9% | GBX1.69 Billion | GBX900.30 Million | GBX3.67 Billion | ▲ +6.1 pp |
| 2020 | 40.8% | GBX1.67 Billion | GBX988.90 Million | GBX3.77 Billion | ▲ +11.1 pp |
| 2019 | 29.7% | GBX1.56 Billion | GBX1.10 Billion | GBX3.61 Billion | ▲ +12.0 pp |
| 2018 | 17.7% | GBX1.62 Billion | GBX1.33 Billion | GBX3.66 Billion | ▲ +14.9 pp |
| 2017 | 2.8% | GBX1.52 Billion | GBX1.48 Billion | GBX3.80 Billion | ▲ +24.9 pp |
| 2016 | -22.1% | GBX1.25 Billion | GBX1.52 Billion | GBX3.51 Billion | — |