NatWest Group PLC (NWG) — Tangible Net Worth Ratio
NatWest Group PLC (NWG) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (GBX0.00) from net assets (GBX43.67 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 NatWest Group PLC 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
NatWest Group PLC Tangible Net Worth Ratio (1985–2025)
This chart shows how NatWest Group PLC's Tangible Net Worth Ratio has changed across 39 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of GBX43.67 Billion with intangible assets of GBX0.00 GBX. See NatWest Group PLC liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for NatWest Group PLC (1985–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for NatWest Group PLC from 1985 to 2025, covering 39 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 NatWest Group PLC stock valuation.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.8% | GBX42.61 Billion | GBX1.77 Billion | GBX714.55 Billion | ▲ +0.7 pp |
| 2024 | 95.1% | GBX39.38 Billion | GBX1.91 Billion | GBX707.99 Billion | ▲ +0.3 pp |
| 2023 | 94.8% | GBX37.19 Billion | GBX1.93 Billion | GBX692.67 Billion | ▼ -0.8 pp |
| 2022 | 95.6% | GBX36.50 Billion | GBX1.59 Billion | GBX720.05 Billion | ▼ -1.5 pp |
| 2021 | 97.1% | GBX41.80 Billion | GBX1.20 Billion | GBX781.99 Billion | ▼ -0.5 pp |
| 2020 | 97.6% | GBX43.82 Billion | GBX1.05 Billion | GBX799.49 Billion | ▼ -0.1 pp |
| 2019 | 97.7% | GBX43.56 Billion | GBX1.01 Billion | GBX723.04 Billion | ▼ -0.2 pp |
| 2018 | 97.8% | GBX46.49 Billion | GBX1.01 Billion | GBX694.24 Billion | ▼ -0.2 pp |
| 2017 | 98.0% | GBX49.09 Billion | GBX985.00 Million | GBX738.06 Billion | ▼ -0.1 pp |
| 2016 | 98.1% | GBX49.40 Billion | GBX922.00 Million | GBX798.66 Billion | ▼ -0.1 pp |
| 2015 | 98.2% | GBX54.15 Billion | GBX979.00 Million | GBX815.41 Billion | ▲ +0.7 pp |
| 2014 | 97.5% | GBX60.19 Billion | GBX1.52 Billion | GBX1.05 Trillion | ▲ +1.2 pp |
| 2013 | 96.2% | GBX59.22 Billion | GBX2.23 Billion | GBX1.03 Trillion | ▼ -0.5 pp |
| 2012 | 96.8% | GBX70.45 Billion | GBX2.28 Billion | GBX1.31 Trillion | ▼ 0.0 pp |
| 2011 | 96.8% | GBX76.05 Billion | GBX2.43 Billion | GBX1.51 Trillion | ▲ +15.6 pp |
| 2010 | 81.2% | GBX76.85 Billion | GBX14.45 Billion | GBX1.45 Trillion | ▲ +0.1 pp |
| 2009 | 81.1% | GBX94.63 Billion | GBX17.85 Billion | GBX1.70 Trillion | ▲ +12.3 pp |
| 2008 | 68.8% | GBX64.31 Billion | GBX20.05 Billion | GBX2.22 Trillion | ▼ -23.6 pp |
| 2007 | 92.4% | GBX91.43 Billion | GBX6.96 Billion | GBX1.84 Trillion | ▼ -5.4 pp |
| 2006 | 97.8% | GBX45.49 Billion | GBX1.01 Billion | GBX871.43 Billion | ▲ +50.9 pp |
| 2005 | 46.9% | GBX37.54 Billion | GBX19.93 Billion | GBX776.83 Billion | ▼ -1.6 pp |
| 2004 | 48.5% | GBX37.40 Billion | GBX19.24 Billion | GBX588.12 Billion | ▼ -0.7 pp |
| 2003 | 49.3% | GBX25.89 Billion | GBX13.13 Billion | GBX454.43 Billion | ▼ -6.8 pp |
| 2002 | 56.1% | GBX28.89 Billion | GBX12.70 Billion | GBX440.89 Billion | ▼ -40.2 pp |
| 2001 | 96.2% | GBX353.17 Billion | GBX13.32 Billion | GBX368.78 Billion | ▲ +0.1 pp |
| 2000 | 96.1% | GBX309.57 Billion | GBX12.08 Billion | GBX320.00 Billion | ▼ -3.9 pp |
| 1999 | 100.0% | GBX85.82 Billion | GBX0.00 | GBX88.85 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | GBX77.06 Billion | GBX0.00 | GBX79.68 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | GBX70.05 Billion | GBX0.00 | GBX72.60 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | GBX58.87 Billion | GBX0.00 | GBX61.12 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | GBX49.44 Billion | GBX0.00 | GBX51.23 Billion | ▲ +0.0 pp |
| 1994 | 100.0% | GBX43.62 Billion | GBX0.00 | GBX45.28 Billion | ▲ +0.0 pp |
| 1993 | 100.0% | GBX35.93 Billion | GBX0.00 | GBX37.44 Billion | ▲ +0.0 pp |
| 1992 | 100.0% | GBX34.44 Billion | GBX0.00 | GBX34.56 Billion | ▲ +0.0 pp |
| 1991 | 100.0% | GBX32.06 Billion | GBX0.00 | GBX32.18 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | GBX29.97 Billion | GBX0.00 | GBX30.10 Billion | ▲ +0.0 pp |
| 1989 | 100.0% | GBX27.31 Billion | GBX0.00 | GBX27.44 Billion | ▲ +0.0 pp |
| 1988 | 100.0% | GBX21.53 Billion | GBX0.00 | GBX21.66 Billion | ▲ +0.0 pp |
| 1985 | 100.0% | GBX14.92 Billion | GBX0.00 | GBX15.03 Billion | — |