Llorente & Cuenca S.A. (LLYC) — Tangible Net Worth Ratio
Llorente & Cuenca S.A. (LLYC) has a Tangible Net Worth Ratio of 88.2% as of December 2023. This metric is calculated by deducting intangible assets (€4.73 Million) from net assets (€40.19 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 Llorente & Cuenca S.A. 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
Llorente & Cuenca S.A. Tangible Net Worth Ratio (2016–2024)
This chart shows how Llorente & Cuenca S.A.'s Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of December 2023, the ratio stands at 88.2%, reflecting net assets of €40.19 Million with intangible assets of €4.73 Million EUR. See LLYC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Llorente & Cuenca S.A. (2016–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Llorente & Cuenca S.A. from 2016 to 2024, covering 9 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 LLYC market cap overview.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 58.0% | €28.02 Million | €11.78 Million | €141.96 Million | ▼ -30.3 pp |
| 2023 | 88.2% | €40.19 Million | €4.73 Million | €88.01 Million | ▼ -7.9 pp |
| 2022 | 96.2% | €35.31 Million | €1.36 Million | €72.65 Million | ▼ -1.8 pp |
| 2021 | 97.9% | €29.36 Million | €602.28K | €72.48 Million | ▼ -0.6 pp |
| 2020 | 98.5% | €24.38 Million | €356.39K | €41.23 Million | ▼ -0.9 pp |
| 2019 | 99.5% | €25.55 Million | €137.80K | €41.76 Million | ▲ +13.1 pp |
| 2018 | 86.4% | €25.74 Million | €3.51 Million | €41.95 Million | ▼ -13.3 pp |
| 2017 | 99.6% | €18.83 Million | €68.26K | €29.13 Million | ▲ +0.1 pp |
| 2016 | 99.6% | €19.10 Million | €81.39K | €28.25 Million | — |