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. See ALSAF 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
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. See Safe Orthopaedics SA (ALSAF) liquidity interval to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see Safe Orthopaedics SA market capitalisation.
| 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 | — |