NSE SA (ALNSE) — Tangible Net Worth Ratio

Latest as of June 2025: 91.7%

NSE SA (ALNSE) has a Tangible Net Worth Ratio of 91.7% as of June 2025. This metric is calculated by deducting intangible assets (€3.77 Million) from net assets (€45.70 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 NSE SA (ALNSE) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

91.7%
Tangible equity / total equity

Net Assets (Equity)

€45.70 Million
EUR

Intangible Assets

€3.77 Million
Goodwill, patents, brand value

Total Assets

€99.11 Million
EUR

NSE SA Tangible Net Worth Ratio (2004–2024)

This chart shows how NSE SA's Tangible Net Worth Ratio has changed across 21 annual periods from 2004 to 2024. As of June 2025, the ratio stands at 91.7%, reflecting net assets of €45.70 Million with intangible assets of €3.77 Million EUR. See defensive interval ratio of NSE SA to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for NSE SA (2004–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for NSE SA from 2004 to 2024, covering 21 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 ALNSE stock market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2024 91.3% €41.74 Million €3.61 Million €87.63 Million ▼ -1.6 pp
2023 92.9% €39.11 Million €2.77 Million €79.03 Million ▼ -0.1 pp
2022 93.0% €36.02 Million €2.52 Million €58.76 Million ▲ +0.3 pp
2021 92.7% €33.69 Million €2.45 Million €63.49 Million ▼ -0.3 pp
2020 93.0% €30.77 Million €2.16 Million €64.49 Million ▼ -1.2 pp
2019 94.2% €27.01 Million €1.58 Million €58.72 Million ▲ +8.5 pp
2018 85.7% €21.36 Million €3.06 Million €55.00 Million ▲ +7.7 pp
2017 78.0% €20.34 Million €4.48 Million €55.64 Million ▲ +4.2 pp
2016 73.8% €20.26 Million €5.32 Million €55.29 Million ▲ +5.8 pp
2015 68.0% €19.51 Million €6.24 Million €55.96 Million ▼ -11.8 pp
2014 79.8% €23.54 Million €4.76 Million €58.48 Million ▼ -1.6 pp
2013 81.3% €23.60 Million €4.40 Million €58.33 Million ▼ -3.8 pp
2012 85.1% €24.51 Million €3.65 Million €59.31 Million ▲ +0.4 pp
2011 84.7% €23.82 Million €3.65 Million €58.56 Million ▼ -0.4 pp
2010 85.0% €10.66 Million €1.60 Million €18.75 Million ▼ -2.6 pp
2009 87.6% €9.21 Million €1.14 Million €21.50 Million ▲ +0.5 pp
2008 87.1% €8.21 Million €1.06 Million €19.95 Million ▼ -0.6 pp
2007 87.8% €7.56 Million €925.41K €12.39 Million ▼ -1.3 pp
2006 89.1% €6.80 Million €744.69K €12.65 Million ▲ +10.5 pp
2005 78.5% €3.55 Million €761.00K €8.16 Million ▲ +13.3 pp
2004 65.2% €2.81 Million €977.00K €7.61 Million
pp = percentage points