Soltec Power Holdings S.A (SOL) — Tangible Net Worth Ratio

Latest as of June 2024: 35.5%

Soltec Power Holdings S.A (SOL) has a Tangible Net Worth Ratio of 35.5% as of June 2024. This metric is calculated by deducting intangible assets (€7.47 Million) from net assets (€11.59 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. Also explore SOL year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

35.5%
Tangible equity / total equity

Net Assets (Equity)

€11.59 Million
EUR

Intangible Assets

€7.47 Million
Goodwill, patents, brand value

Total Assets

€534.38 Million
EUR

Soltec Power Holdings S.A Tangible Net Worth Ratio (2019–2023)

This chart shows how Soltec Power Holdings S.A's Tangible Net Worth Ratio has changed across 5 annual periods from 2019 to 2023. As of June 2024, the ratio stands at 35.5%, reflecting net assets of €11.59 Million with intangible assets of €7.47 Million EUR. For live market cap and overall valuation, see SOL market cap overview.

Annual Tangible Net Worth Ratio for Soltec Power Holdings S.A (2019–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Soltec Power Holdings 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. Explore capital reinvestment ratio of Soltec Power Holdings S.A 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)
2023 74.4% €143.85 Million €36.78 Million €733.79 Million ▼ -22.3 pp
2022 96.8% €162.67 Million €5.26 Million €555.81 Million ▲ +10.0 pp
2021 86.8% €146.98 Million €19.45 Million €476.95 Million ▼ -3.8 pp
2020 90.6% €142.46 Million €13.39 Million €311.44 Million ▲ +1.0 pp
2019 89.6% €17.98 Million €1.88 Million €251.13 Million
pp = percentage points