Safe Orthopaedics SA (ALSAF) — Tangible Net Worth Ratio
Safe Orthopaedics SA (ALSAF) has a Tangible Net Worth Ratio of -408.0% as of December 2021. This metric is calculated by deducting intangible assets (€2.02 Million) from net assets (€398.00K) 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. For live market cap and overall valuation, see how much is Safe Orthopaedics SA worth.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Safe Orthopaedics SA Tangible Net Worth Ratio (2012–2021)
This chart shows how Safe Orthopaedics SA's Tangible Net Worth Ratio has changed across 8 annual periods from 2012 to 2021. As of December 2021, the ratio stands at -408.0%, reflecting net assets of €398.00K with intangible assets of €2.02 Million EUR. Also explore how fast is Safe Orthopaedics SA growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Safe Orthopaedics SA (2012–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for Safe Orthopaedics SA from 2012 to 2021, covering 8 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. See ALSAF financial flexibility score to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | -408.0% | €398.00K | €2.02 Million | €14.88 Million | ▲ +356.1 pp |
| 2020 | -764.1% | €237.00K | €2.05 Million | €14.35 Million | ▼ -864.1 pp |
| 2018 | 99.9% | €1.19 Million | €1.00K | €8.57 Million | ▲ +9.4 pp |
| 2017 | 90.5% | €1.06 Million | €100.00K | €8.06 Million | ▲ +69.3 pp |
| 2016 | 21.3% | €367.00K | €289.00K | €8.00 Million | ▼ -78.7 pp |
| 2015 | 100.0% | €5.09 Million | €5.00 | €10.46 Million | ▲ +0.0 pp |
| 2014 | 100.0% | €2.46 Million | €18.00 | €5.32 Million | ▲ +26.8 pp |
| 2012 | 73.2% | €1.17 Million | €313.00K | €3.50 Million | — |