HPI AG (CEW3) — Tangible Net Worth Ratio

Latest as of June 2013: 87.7%

HPI AG (CEW3) has a Tangible Net Worth Ratio of 87.7% as of June 2013. This metric is calculated by deducting intangible assets (€856.99K) from net assets (€6.99 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 what is HPI AG's book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

87.7%
Tangible equity / total equity

Net Assets (Equity)

€6.99 Million
EUR

Intangible Assets

€856.99K
Goodwill, patents, brand value

Total Assets

€45.51 Million
EUR

HPI AG Tangible Net Worth Ratio (2009–2012)

This chart shows how HPI AG's Tangible Net Worth Ratio has changed across 4 annual periods from 2009 to 2012. As of June 2013, the ratio stands at 87.7%, reflecting net assets of €6.99 Million with intangible assets of €856.99K EUR. Also explore net asset growth rate of HPI AG to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for HPI AG (2009–2012)

The table below presents the year-by-year Tangible Net Worth Ratio for HPI AG from 2009 to 2012, covering 4 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 CEW3 market cap.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2012 87.2% €7.61 Million €975.00K €43.43 Million ▼ -5.4 pp
2011 92.5% €9.52 Million €711.00K €29.09 Million ▲ +6.6 pp
2010 86.0% €6.34 Million €890.00K €20.63 Million ▲ +3.5 pp
2009 82.4% €1.79 Million €314.00K €4.76 Million
pp = percentage points