Alstom S.A. (ALO) — Tangible Net Worth Ratio
Alstom S.A. (ALO) has a Tangible Net Worth Ratio of 81.2% as of September 2025. This metric is calculated by deducting intangible assets (€1.84 Billion) from net assets (€9.77 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 ALO working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Alstom S.A. Tangible Net Worth Ratio (1998–2025)
This chart shows how Alstom S.A.'s Tangible Net Worth Ratio has changed across 28 annual periods from 1998 to 2025. As of September 2025, the ratio stands at 81.2%, reflecting net assets of €9.77 Billion with intangible assets of €1.84 Billion EUR. See ALO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Alstom S.A. (1998–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Alstom S.A. from 1998 to 2025, covering 28 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 Alstom S.A. stock valuation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 81.3% | €10.58 Billion | €1.98 Billion | €34.59 Billion | ▲ +7.1 pp |
| 2024 | 74.2% | €8.78 Billion | €2.27 Billion | €33.25 Billion | ▼ -1.9 pp |
| 2023 | 76.1% | €9.10 Billion | €2.18 Billion | €31.40 Billion | ▲ +5.1 pp |
| 2022 | 71.0% | €9.02 Billion | €2.62 Billion | €30.52 Billion | ▼ -1.9 pp |
| 2021 | 72.8% | €9.12 Billion | €2.48 Billion | €28.57 Billion | ▼ -22.3 pp |
| 2020 | 95.1% | €3.33 Billion | €163.00 Million | €13.01 Billion | ▼ -0.4 pp |
| 2019 | 95.5% | €4.16 Billion | €187.00 Million | €13.41 Billion | ▼ -0.1 pp |
| 2018 | 95.6% | €3.43 Billion | €151.00 Million | €13.25 Billion | ▲ +0.0 pp |
| 2017 | 95.6% | €3.71 Billion | €165.00 Million | €14.36 Billion | ▲ +7.2 pp |
| 2016 | 88.4% | €3.33 Billion | €387.00 Million | €13.62 Billion | ▼ -10.0 pp |
| 2015 | 98.4% | €4.22 Billion | €67.00 Million | €33.23 Billion | ▲ +38.6 pp |
| 2014 | 59.8% | €5.11 Billion | €2.05 Billion | €30.43 Billion | ▼ -1.4 pp |
| 2013 | 61.2% | €5.10 Billion | €1.98 Billion | €31.61 Billion | ▲ +4.5 pp |
| 2012 | 56.7% | €4.43 Billion | €1.92 Billion | €31.05 Billion | ▲ +3.3 pp |
| 2011 | 53.4% | €4.15 Billion | €1.93 Billion | €29.63 Billion | ▼ -11.1 pp |
| 2010 | 64.6% | €4.10 Billion | €1.45 Billion | €25.98 Billion | ▲ +13.0 pp |
| 2009 | 51.6% | €2.88 Billion | €1.40 Billion | €24.24 Billion | ▲ +10.4 pp |
| 2008 | 41.1% | €2.25 Billion | €1.32 Billion | €21.34 Billion | ▼ -6.4 pp |
| 2007 | 47.6% | €2.27 Billion | €1.19 Billion | €19.74 Billion | ▲ +12.6 pp |
| 2006 | 34.9% | €1.84 Billion | €1.20 Billion | €18.41 Billion | ▲ +7.3 pp |
| 2005 | 27.6% | €1.26 Billion | €909.00 Million | €17.67 Billion | ▲ +1127.9 pp |
| 2004 | -1100.2% | €97.00 Million | €1.16 Billion | €18.72 Billion | ▼ -1054.6 pp |
| 2003 | -45.6% | €802.00 Million | €1.17 Billion | €24.82 Billion | ▼ -82.2 pp |
| 2002 | 36.6% | €1.84 Billion | €1.17 Billion | €28.20 Billion | ▲ +232.9 pp |
| 2001 | -196.3% | €2.17 Billion | €6.44 Billion | €31.40 Billion | ▼ -107.6 pp |
| 2000 | -88.7% | €2.01 Billion | €3.80 Billion | €20.62 Billion | ▼ -66.8 pp |
| 1999 | -21.9% | €1.68 Billion | €2.05 Billion | €22.68 Billion | ▼ -111.7 pp |
| 1998 | 89.8% | €5.90 Billion | €602.69 Million | €17.80 Billion | — |