Spineguard (ALSGD) — Tangible Net Worth Ratio
Spineguard (ALSGD) has a Tangible Net Worth Ratio of 92.3% as of June 2025. This metric is calculated by deducting intangible assets (€331.11K) from net assets (€4.28 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 ALSGD working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Spineguard Tangible Net Worth Ratio (2010–2024)
This chart shows how Spineguard's Tangible Net Worth Ratio has changed across 12 annual periods from 2010 to 2024. As of June 2025, the ratio stands at 92.3%, reflecting net assets of €4.28 Million with intangible assets of €331.11K EUR. See how many days can Spineguard fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Spineguard (2010–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Spineguard from 2010 to 2024, covering 12 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 ALSGD company net worth.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 63.6% | €3.90 Million | €1.42 Million | €8.23 Million | ▼ -15.8 pp |
| 2023 | 79.4% | €6.03 Million | €1.24 Million | €11.04 Million | ▲ +64.1 pp |
| 2022 | 15.4% | €5.14 Million | €4.35 Million | €11.50 Million | ▼ -6.1 pp |
| 2021 | 21.4% | €5.05 Million | €3.97 Million | €11.90 Million | ▲ +0.1 pp |
| 2019 | 21.3% | €592.03K | €465.74K | €8.50 Million | ▼ -27.1 pp |
| 2016 | 48.5% | €1.19 Million | €613.19K | €9.41 Million | ▼ -37.5 pp |
| 2015 | 86.0% | €4.73 Million | €663.19K | €9.92 Million | ▼ -1.5 pp |
| 2014 | 87.5% | €5.77 Million | €719.06K | €8.56 Million | ▼ -3.9 pp |
| 2013 | 91.4% | €8.92 Million | €763.20K | €12.41 Million | ▲ +14.3 pp |
| 2012 | 77.1% | €5.32 Million | €1.22 Million | €8.09 Million | ▼ -6.8 pp |
| 2011 | 83.9% | €7.15 Million | €1.15 Million | €8.28 Million | ▼ -2.3 pp |
| 2010 | 86.2% | €6.67 Million | €921.87K | €7.42 Million | — |