Acerinox (ACX) — Tangible Net Worth Ratio
Acerinox (ACX) has a Tangible Net Worth Ratio of 94.5% as of June 2026. This metric is calculated by deducting intangible assets (€117.99 Million) from net assets (€2.14 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 how fast is Acerinox growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Acerinox Tangible Net Worth Ratio (2000–2025)
This chart shows how Acerinox's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of June 2026, the ratio stands at 94.5%, reflecting net assets of €2.14 Billion with intangible assets of €117.99 Million EUR. For live market cap and overall valuation, see market cap of Acerinox.
Annual Tangible Net Worth Ratio for Acerinox (2000–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Acerinox from 2000 to 2025, covering 26 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 ACX capital reinvestment 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 | 94.4% | €2.13 Billion | €117.96 Million | €5.69 Billion | ▼ -0.3 pp |
| 2024 | 94.7% | €2.58 Billion | €136.43 Million | €6.47 Billion | ▼ -3.6 pp |
| 2023 | 98.3% | €2.46 Billion | €41.34 Million | €6.10 Billion | ▲ +0.0 pp |
| 2022 | 98.3% | €2.55 Billion | €43.44 Million | €6.32 Billion | ▲ +0.4 pp |
| 2021 | 97.9% | €2.21 Billion | €46.58 Million | €5.98 Billion | ▲ +1.0 pp |
| 2020 | 96.9% | €1.61 Billion | €49.58 Million | €4.73 Billion | ▼ -2.9 pp |
| 2019 | 99.8% | €1.93 Billion | €3.23 Million | €4.40 Billion | ▼ -0.1 pp |
| 2018 | 99.9% | €2.12 Billion | €2.25 Million | €4.61 Billion | ▲ +0.0 pp |
| 2017 | 99.9% | €1.97 Billion | €2.51 Million | €4.40 Billion | ▲ +0.0 pp |
| 2016 | 99.9% | €2.17 Billion | €2.77 Million | €4.46 Billion | ▲ +0.4 pp |
| 2015 | 99.4% | €2.02 Billion | €11.18 Million | €4.13 Billion | ▼ -0.1 pp |
| 2014 | 99.5% | €1.86 Billion | €9.31 Million | €4.43 Billion | ▼ -0.1 pp |
| 2013 | 99.6% | €1.55 Billion | €6.64 Million | €3.99 Billion | ▼ 0.0 pp |
| 2012 | 99.6% | €1.71 Billion | €6.96 Million | €4.22 Billion | ▼ 0.0 pp |
| 2011 | 99.6% | €1.88 Billion | €7.21 Million | €4.07 Billion | ▲ +0.1 pp |
| 2010 | 99.5% | €1.92 Billion | €9.55 Million | €4.24 Billion | ▲ +0.0 pp |
| 2009 | 99.5% | €1.75 Billion | €9.17 Million | €3.62 Billion | ▲ +0.0 pp |
| 2008 | 99.5% | €2.02 Billion | €11.01 Million | €3.73 Billion | ▼ -0.1 pp |
| 2007 | 99.6% | €2.31 Billion | €9.59 Million | €4.45 Billion | ▲ +0.3 pp |
| 2006 | 99.3% | €2.28 Billion | €16.71 Million | €4.86 Billion | ▲ +0.0 pp |
| 2005 | 99.3% | €2.05 Billion | €15.36 Million | €3.65 Billion | ▲ +2.8 pp |
| 2004 | 96.5% | €1.92 Billion | €67.62 Million | €3.44 Billion | ▼ -2.8 pp |
| 2003 | 99.3% | €1.76 Billion | €12.72 Million | €3.04 Billion | ▲ +3.6 pp |
| 2002 | 95.6% | €1.71 Billion | €74.54 Million | €2.59 Billion | ▼ -4.3 pp |
| 2001 | 99.9% | €1.26 Billion | €1.36 Million | €1.92 Billion | ▲ +0.0 pp |
| 2000 | 99.9% | €1.24 Billion | €1.73 Million | €1.92 Billion | — |