Cellnex Telecom SA Tangible Net Worth Ratio

Latest as of June 2026: -15.0%

Cellnex Telecom SA tangible net worth ratio. Cellnex Telecom SA (CLNX) has a Tangible Net Worth Ratio of -15.0% as of June 2026. This metric is calculated by deducting intangible assets (€14.83 Billion) from net assets (€12.89 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. Check CLNX capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

-15.0%
Tangible equity / total equity

Net Assets (Equity)

€12.89 Billion
EUR

Intangible Assets

€14.83 Billion
Goodwill, patents, brand value

Total Assets

€41.69 Billion
EUR

Tangible Net Worth Ratio of Cellnex Telecom SA (2011–2025)

Tangible net worth ratio of Cellnex Telecom SA from 2011 to 2025. This chart shows how Cellnex Telecom SA's Tangible Net Worth Ratio has changed across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at -15.0%, reflecting net assets of €12.89 Billion with intangible assets of €14.83 Billion EUR. See Cellnex Telecom SA current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Cellnex Telecom SA Tangible Net Worth Ratio by Year (2011–2025)

Cellnex Telecom SA tangible net worth ratio by year from 2011 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Cellnex Telecom SA from 2011 to 2025, covering 15 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 live market cap and overall valuation, see Cellnex Telecom SA stock valuation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 -15.0% €13.32 Billion €15.32 Billion €42.06 Billion ▼ -7.3 pp
2024 -7.7% €15.32 Billion €16.51 Billion €43.67 Billion ▲ +11.4 pp
2023 -19.1% €15.15 Billion €18.05 Billion €44.37 Billion ▲ +13.4 pp
2022 -32.5% €15.19 Billion €20.13 Billion €44.26 Billion ▼ -12.4 pp
2021 -20.2% €15.84 Billion €19.04 Billion €41.80 Billion ▼ -15.3 pp
2020 -4.9% €8.93 Billion €9.37 Billion €24.07 Billion ▼ -20.6 pp
2019 15.8% €5.05 Billion €4.26 Billion €13.00 Billion ▲ +223.8 pp
2018 -208.0% €615.37 Million €1.90 Billion €5.13 Billion ▼ -98.1 pp
2017 -109.9% €644.91 Million €1.35 Billion €4.06 Billion ▼ -22.1 pp
2016 -87.8% €551.20 Million €1.04 Billion €2.90 Billion ▼ -79.3 pp
2015 -8.5% €537.22 Million €582.64 Million €2.03 Billion ▼ -87.8 pp
2014 79.3% €501.39 Million €103.79 Million €1.23 Billion ▼ -19.0 pp
2013 98.3% €487.48 Million €8.09 Million €838.61 Million ▲ +0.1 pp
2012 98.3% €408.40 Million €7.07 Million €719.45 Million ▲ +0.4 pp
2011 97.9% €378.59 Million €7.94 Million €673.54 Million —
pp = percentage points