Kulmbacher Brauerei Aktien-Gesellschaft (KUL) — Tangible Net Worth Ratio
Kulmbacher Brauerei Aktien-Gesellschaft (KUL) has a Tangible Net Worth Ratio of 96.9% as of December 2025. This metric is calculated by deducting intangible assets (€2.67 Million) from net assets (€85.55 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 how liquid is Kulmbacher Brauerei Aktien-Gesellschaft's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Kulmbacher Brauerei Aktien-Gesellschaft Tangible Net Worth Ratio (2015–2025)
This chart shows how Kulmbacher Brauerei Aktien-Gesellschaft's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 96.9%, reflecting net assets of €85.55 Million with intangible assets of €2.67 Million EUR. See how many days can Kulmbacher Brauerei Aktien-Gesellschaft fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Kulmbacher Brauerei Aktien-Gesellschaft (2015–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Kulmbacher Brauerei Aktien-Gesellschaft from 2015 to 2025, covering 11 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 market cap of Kulmbacher Brauerei Aktien-Gesellschaft.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.9% | €85.55 Million | €2.67 Million | €254.33 Million | ▲ +0.2 pp |
| 2024 | 96.7% | €85.04 Million | €2.84 Million | €256.36 Million | ▲ +0.2 pp |
| 2023 | 96.4% | €82.09 Million | €2.94 Million | €251.25 Million | ▼ -0.4 pp |
| 2022 | 96.8% | €80.86 Million | €2.60 Million | €243.87 Million | ▲ +0.1 pp |
| 2021 | 96.7% | €75.08 Million | €2.47 Million | €235.16 Million | ▼ -0.8 pp |
| 2020 | 97.5% | €82.41 Million | €2.09 Million | €229.05 Million | ▲ +0.3 pp |
| 2019 | 97.2% | €80.85 Million | €2.27 Million | €210.68 Million | ▲ +1.8 pp |
| 2018 | 95.4% | €78.80 Million | €3.64 Million | €177.31 Million | ▲ +5.2 pp |
| 2017 | 90.2% | €73.56 Million | €7.24 Million | €169.21 Million | ▲ +2.1 pp |
| 2016 | 88.0% | €68.82 Million | €8.24 Million | €168.45 Million | ▲ +1.7 pp |
| 2015 | 86.3% | €61.75 Million | €8.47 Million | €157.67 Million | — |