Holaluz-Clidom S.A (HLZ) — Tangible Net Worth Ratio

Latest as of December 2023: -251.4%

Holaluz-Clidom S.A (HLZ) has a Tangible Net Worth Ratio of -251.4% as of December 2023. This metric is calculated by deducting intangible assets (€34.74 Million) from net assets (€9.89 Million) 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 Holaluz-Clidom S.A working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-251.4%
Tangible equity / total equity

Net Assets (Equity)

€9.89 Million
EUR

Intangible Assets

€34.74 Million
Goodwill, patents, brand value

Total Assets

€173.46 Million
EUR

Holaluz-Clidom S.A Tangible Net Worth Ratio (2019–2023)

This chart shows how Holaluz-Clidom S.A's Tangible Net Worth Ratio has changed across 5 annual periods from 2019 to 2023. As of December 2023, the ratio stands at -251.4%, reflecting net assets of €9.89 Million with intangible assets of €34.74 Million EUR. See Holaluz-Clidom S.A defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Holaluz-Clidom S.A (2019–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Holaluz-Clidom S.A from 2019 to 2023, covering 5 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 HLZ market cap.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2023 -251.4% €9.89 Million €34.74 Million €173.46 Million ▼ -190.3 pp
2022 -61.1% €19.67 Million €31.69 Million €277.54 Million ▲ +55.9 pp
2021 -117.0% €7.13 Million €15.48 Million €283.46 Million ▼ -166.7 pp
2020 49.7% €41.41 Million €20.85 Million €95.15 Million ▲ +33.2 pp
2019 16.4% €15.86 Million €13.25 Million €64.05 Million
pp = percentage points