Marks and Spencer Group PLC (MKS) — Tangible Net Worth Ratio
Marks and Spencer Group PLC (MKS) has a Tangible Net Worth Ratio of 74.0% as of September 2025. This metric is calculated by deducting intangible assets (GBX772.20 Million) from net assets (GBX2.97 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 MKS working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Marks and Spencer Group PLC Tangible Net Worth Ratio (1986–2025)
This chart shows how Marks and Spencer Group PLC's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2025. As of September 2025, the ratio stands at 74.0%, reflecting net assets of GBX2.97 Billion with intangible assets of GBX772.20 Million GBX. See MKS days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Marks and Spencer Group PLC (1986–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Marks and Spencer Group PLC from 1986 to 2025, covering 40 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 how much is Marks and Spencer Group PLC worth.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.6% | GBX2.95 Billion | GBX159.00 Million | GBX8.82 Billion | ▼ 0.0 pp |
| 2024 | 94.7% | GBX2.83 Billion | GBX151.10 Million | GBX8.68 Billion | ▼ -0.6 pp |
| 2023 | 95.2% | GBX2.81 Billion | GBX134.70 Million | GBX9.10 Billion | ▲ +0.8 pp |
| 2022 | 94.4% | GBX2.92 Billion | GBX163.90 Million | GBX9.44 Billion | ▲ +3.5 pp |
| 2021 | 90.9% | GBX2.29 Billion | GBX208.30 Million | GBX8.64 Billion | ▼ -0.1 pp |
| 2020 | 91.0% | GBX3.71 Billion | GBX335.10 Million | GBX10.18 Billion | ▲ +6.7 pp |
| 2019 | 84.2% | GBX2.68 Billion | GBX422.40 Million | GBX7.20 Billion | ▲ +1.9 pp |
| 2018 | 82.3% | GBX2.95 Billion | GBX521.80 Million | GBX7.55 Billion | ▲ +2.4 pp |
| 2017 | 80.0% | GBX3.15 Billion | GBX630.60 Million | GBX8.29 Billion | ▲ +0.9 pp |
| 2016 | 79.1% | GBX3.44 Billion | GBX720.10 Million | GBX8.48 Billion | ▲ +2.9 pp |
| 2015 | 76.1% | GBX3.20 Billion | GBX763.00 Million | GBX8.20 Billion | ▲ +2.5 pp |
| 2014 | 73.7% | GBX2.71 Billion | GBX713.20 Million | GBX7.90 Billion | ▼ -2.1 pp |
| 2013 | 75.8% | GBX2.49 Billion | GBX602.40 Million | GBX7.57 Billion | ▼ -6.5 pp |
| 2012 | 82.3% | GBX2.78 Billion | GBX491.70 Million | GBX7.27 Billion | ▲ +2.0 pp |
| 2011 | 80.3% | GBX2.68 Billion | GBX527.70 Million | GBX7.34 Billion | ▲ +1.0 pp |
| 2010 | 79.3% | GBX2.19 Billion | GBX452.80 Million | GBX7.15 Billion | ▼ -1.7 pp |
| 2009 | 80.9% | GBX2.10 Billion | GBX400.30 Million | GBX7.26 Billion | ▼ -3.5 pp |
| 2008 | 84.4% | GBX1.96 Billion | GBX305.50 Million | GBX7.16 Billion | ▼ -3.8 pp |
| 2007 | 88.2% | GBX1.65 Billion | GBX194.10 Million | GBX5.38 Billion | ▲ +1.8 pp |
| 2006 | 86.4% | GBX1.20 Billion | GBX163.50 Million | GBX5.26 Billion | ▲ +4.6 pp |
| 2005 | 81.8% | GBX909.20 Million | GBX165.40 Million | GBX4.87 Billion | ▲ +87.7 pp |
| 2004 | -5.9% | GBX2.45 Billion | GBX2.60 Billion | GBX7.38 Billion | ▼ -104.5 pp |
| 2003 | 98.6% | GBX3.04 Billion | GBX42.80 Million | GBX6.76 Billion | ▲ +76.1 pp |
| 2002 | 22.5% | GBX3.08 Billion | GBX2.39 Billion | GBX7.19 Billion | ▼ -25.0 pp |
| 2001 | 47.5% | GBX4.58 Billion | GBX2.41 Billion | GBX7.69 Billion | ▼ -52.5 pp |
| 2000 | 100.0% | GBX4.92 Billion | GBX1.30 Million | GBX8.02 Billion | ▲ +43.8 pp |
| 1999 | 56.2% | GBX4.90 Billion | GBX2.15 Billion | GBX7.80 Billion | ▼ -5.8 pp |
| 1998 | 62.0% | GBX4.87 Billion | GBX1.85 Billion | GBX7.44 Billion | ▼ -3.5 pp |
| 1997 | 65.5% | GBX4.55 Billion | GBX1.57 Billion | GBX6.85 Billion | ▼ -5.6 pp |
| 1996 | 71.0% | GBX4.14 Billion | GBX1.20 Billion | GBX6.35 Billion | ▼ -4.0 pp |
| 1995 | 75.0% | GBX3.74 Billion | GBX934.00 Million | GBX5.71 Billion | ▼ -2.0 pp |
| 1994 | 77.0% | GBX3.34 Billion | GBX767.90 Million | GBX5.16 Billion | ▼ -1.7 pp |
| 1993 | 78.7% | GBX2.97 Billion | GBX632.20 Million | GBX4.69 Billion | ▼ 0.0 pp |
| 1992 | 78.7% | GBX2.66 Billion | GBX566.30 Million | GBX4.31 Billion | ▼ -21.3 pp |
| 1991 | 100.0% | GBX2.44 Billion | GBX0.00 | GBX3.90 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | GBX2.18 Billion | GBX0.00 | GBX3.68 Billion | ▲ +10.0 pp |
| 1989 | 90.0% | GBX1.92 Billion | GBX192.60 Million | GBX3.01 Billion | ▼ -4.0 pp |
| 1988 | 94.0% | GBX2.16 Billion | GBX130.40 Million | GBX2.94 Billion | ▲ +1.2 pp |
| 1987 | 92.7% | GBX1.58 Billion | GBX114.90 Million | GBX2.15 Billion | ▼ -0.2 pp |
| 1986 | 93.0% | GBX1.46 Billion | GBX102.90 Million | GBX1.99 Billion | — |