Novartis AG Tangible Net Worth Ratio
Novartis AG tangible net worth ratio. Novartis AG (NVSN) has a Tangible Net Worth Ratio of -3.3% as of March 2026. This metric is calculated by deducting intangible assets (MX$40.21 Billion) from net assets (MX$38.93 Billion) 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. Check Novartis AG strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Novartis AG (2014–2025)
Tangible net worth ratio of Novartis AG from 2014 to 2025. This chart shows how Novartis AG's Tangible Net Worth Ratio has changed across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at -3.3%, reflecting net assets of MX$38.93 Billion with intangible assets of MX$40.21 Billion MXN. See working capital to net assets of Novartis AG to evaluate short-term liquidity relative to the company's equity base.
Novartis AG Tangible Net Worth Ratio by Year (2014–2025)
Novartis AG tangible net worth ratio by year from 2014 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Novartis AG from 2014 to 2025, covering 12 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 live market cap and overall valuation, see Novartis AG market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (MXN) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 36.8% | MX$46.55 Billion | MX$29.41 Billion | MX$110.95 Billion | ▼ -2.2 pp |
| 2024 | 39.0% | MX$44.13 Billion | MX$26.91 Billion | MX$102.25 Billion | ▼ -3.5 pp |
| 2023 | 42.5% | MX$46.75 Billion | MX$26.88 Billion | MX$99.94 Billion | ▼ -4.2 pp |
| 2022 | 46.7% | MX$59.42 Billion | MX$31.64 Billion | MX$117.45 Billion | ▼ -2.9 pp |
| 2021 | 49.6% | MX$67.82 Billion | MX$34.18 Billion | MX$131.79 Billion | ▲ +14.6 pp |
| 2020 | 35.0% | MX$56.67 Billion | MX$36.81 Billion | MX$132.06 Billion | ▼ -13.1 pp |
| 2019 | 48.2% | MX$55.55 Billion | MX$28.79 Billion | MX$118.37 Billion | ▼ -2.6 pp |
| 2018 | 50.8% | MX$78.69 Billion | MX$38.72 Billion | MX$145.56 Billion | ▼ -8.8 pp |
| 2017 | 59.6% | MX$74.23 Billion | MX$30.00 Billion | MX$133.08 Billion | ▲ +1.4 pp |
| 2016 | 58.2% | MX$74.89 Billion | MX$31.34 Billion | MX$130.12 Billion | ▼ -2.0 pp |
| 2015 | 60.1% | MX$77.12 Billion | MX$30.75 Billion | MX$131.56 Billion | ▼ -9.3 pp |
| 2014 | 69.4% | MX$70.84 Billion | MX$21.67 Billion | MX$125.39 Billion | — |