Vodafone Group Plc (VODN) — Tangible Net Worth Ratio
Vodafone Group Plc (VODN) has a Tangible Net Worth Ratio of 73.6% as of March 2026. This metric is calculated by deducting intangible assets (MX$14.36 Billion) from net assets (MX$54.37 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. See Vodafone Group Plc (VODN) net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Vodafone Group Plc Tangible Net Worth Ratio (2013–2026)
This chart shows how Vodafone Group Plc's Tangible Net Worth Ratio has changed across 14 annual periods from 2013 to 2026. As of March 2026, the ratio stands at 73.6%, reflecting net assets of MX$54.37 Billion with intangible assets of MX$14.36 Billion MXN. Also explore VODN year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Vodafone Group Plc (2013–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Vodafone Group Plc from 2013 to 2026, covering 14 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 VODN market cap overview.
| Year | Tangible NW Ratio | Net Assets (MXN) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 73.6% | MX$54.37 Billion | MX$14.36 Billion | MX$129.92 Billion | ▼ -2.4 pp |
| 2025 | 76.0% | MX$53.92 Billion | MX$12.92 Billion | MX$128.52 Billion | ▼ -1.2 pp |
| 2024 | 77.2% | MX$61.00 Billion | MX$13.90 Billion | MX$144.35 Billion | ▲ +7.6 pp |
| 2023 | 69.6% | MX$64.48 Billion | MX$19.59 Billion | MX$155.52 Billion | ▲ +7.1 pp |
| 2022 | 62.5% | MX$56.98 Billion | MX$21.36 Billion | MX$153.95 Billion | ▲ +0.2 pp |
| 2021 | 62.3% | MX$57.82 Billion | MX$21.82 Billion | MX$155.06 Billion | ▼ -2.2 pp |
| 2020 | 64.5% | MX$62.62 Billion | MX$22.25 Billion | MX$168.17 Billion | ▼ -7.7 pp |
| 2019 | 72.2% | MX$63.45 Billion | MX$17.65 Billion | MX$142.86 Billion | ▼ -3.7 pp |
| 2018 | 75.9% | MX$68.61 Billion | MX$16.52 Billion | MX$145.61 Billion | ▲ +2.2 pp |
| 2017 | 73.7% | MX$73.72 Billion | MX$19.41 Billion | MX$154.68 Billion | ▲ +9.3 pp |
| 2016 | 64.4% | MX$85.14 Billion | MX$30.33 Billion | MX$169.11 Billion | ▼ -35.6 pp |
| 2015 | 100.0% | MX$67.73 Billion | MX$0.00 | MX$122.57 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | MX$71.78 Billion | MX$0.00 | MX$121.84 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | MX$72.49 Billion | MX$0.00 | MX$138.32 Billion | — |