VEON Ltd Tangible Net Worth Ratio

Latest as of September 2025: 6.8%

VEON Ltd tangible net worth ratio. VEON Ltd (VEON) has a Tangible Net Worth Ratio of 6.8% as of September 2025. This metric is calculated by deducting intangible assets ($1.53 Billion) from net assets ($1.65 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 VEON strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

6.8%
Tangible equity / total equity

Net Assets (Equity)

$1.65 Billion
USD

Intangible Assets

$1.53 Billion
Goodwill, patents, brand value

Total Assets

$8.81 Billion
USD

Tangible Net Worth Ratio of VEON Ltd (2000–2024)

Tangible net worth ratio of VEON Ltd from 2000 to 2024. This chart shows how VEON Ltd's Tangible Net Worth Ratio has changed across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 6.8%, reflecting net assets of $1.65 Billion with intangible assets of $1.53 Billion USD. See VEON current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

VEON Ltd Tangible Net Worth Ratio by Year (2000–2024)

VEON Ltd tangible net worth ratio by year from 2000 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for VEON Ltd from 2000 to 2024, covering 25 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 VEON stock market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2024 6.8% $1.26 Billion $1.17 Billion $8.04 Billion ▲ +110.9 pp
2023 -104.2% $767.00 Million $1.57 Billion $15.08 Billion ▼ -2.4 pp
2022 -101.8% $776.00 Million $1.57 Billion $15.10 Billion ▼ -88.7 pp
2021 -13.1% $1.50 Billion $1.70 Billion $15.92 Billion ▲ +32.0 pp
2020 -45.1% $1.01 Billion $1.47 Billion $14.55 Billion ▼ -67.2 pp
2019 22.1% $2.22 Billion $1.73 Billion $16.06 Billion ▼ -11.2 pp
2018 33.3% $2.78 Billion $1.85 Billion $14.10 Billion ▼ -11.5 pp
2017 44.8% $3.93 Billion $2.17 Billion $19.52 Billion ▼ -18.4 pp
2016 63.2% $6.13 Billion $2.26 Billion $21.28 Billion ▲ +20.8 pp
2015 42.4% $3.86 Billion $2.22 Billion $33.84 Billion ▲ +138.2 pp
2014 -95.8% $3.94 Billion $7.72 Billion $41.00 Billion ▼ -108.8 pp
2013 13.0% $11.31 Billion $9.84 Billion $50.42 Billion ▼ -18.0 pp
2012 31.0% $15.37 Billion $10.60 Billion $55.36 Billion ▲ +7.2 pp
2011 23.8% $15.45 Billion $11.77 Billion $54.48 Billion ▼ -51.5 pp
2010 75.3% $10.81 Billion $2.67 Billion $19.93 Billion ▲ +9.0 pp
2009 66.3% $5.02 Billion $1.69 Billion $14.73 Billion ▲ +13.9 pp
2008 52.3% $4.61 Billion $2.20 Billion $15.73 Billion ▼ -16.1 pp
2007 68.4% $5.70 Billion $1.80 Billion $10.57 Billion ▲ +15.0 pp
2006 53.4% $4.20 Billion $1.96 Billion $8.44 Billion ▲ +4.6 pp
2005 48.8% $2.93 Billion $1.50 Billion $6.31 Billion ▲ +10.7 pp
2004 38.0% $2.16 Billion $1.34 Billion $4.78 Billion ▼ -48.1 pp
2003 86.1% $1.18 Billion $163.19 Million $2.30 Billion ▲ +5.1 pp
2002 81.1% $761.15 Million $144.12 Million $1.69 Billion ▼ -5.0 pp
2001 86.0% $508.43 Million $70.93 Million $925.81 Million ▲ +7.6 pp
2000 78.4% $369.15 Million $79.65 Million $700.32 Million —
pp = percentage points