Theranexus SA (ALTHX) — Tangible Net Worth Ratio

Latest as of December 2025: 61.9%

Theranexus SA (ALTHX) has a Tangible Net Worth Ratio of 61.9% as of December 2025. This metric is calculated by deducting intangible assets (€1.11 Million) from net assets (€2.90 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. Also explore Theranexus SA equity growth rate to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

61.9%
Tangible equity / total equity

Net Assets (Equity)

€2.90 Million
EUR

Intangible Assets

€1.11 Million
Goodwill, patents, brand value

Total Assets

€10.54 Million
EUR

Theranexus SA Tangible Net Worth Ratio (2015–2025)

This chart shows how Theranexus SA's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 61.9%, reflecting net assets of €2.90 Million with intangible assets of €1.11 Million EUR. For live market cap and overall valuation, see Theranexus SA market capitalisation.

Annual Tangible Net Worth Ratio for Theranexus SA (2015–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Theranexus SA from 2015 to 2025, covering 10 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. Explore Theranexus SA (ALTHX) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 61.9% €2.90 Million €1.11 Million €10.54 Million ▲ +9.3 pp
2023 52.6% €2.22 Million €1.05 Million €7.24 Million ▼ -28.3 pp
2022 80.9% €5.73 Million €1.09 Million €12.05 Million ▼ -7.9 pp
2021 88.8% €10.18 Million €1.14 Million €16.89 Million ▲ +7.5 pp
2020 81.4% €10.28 Million €1.91 Million €17.47 Million ▼ -0.7 pp
2019 82.1% €9.98 Million €1.79 Million €15.37 Million ▼ -12.5 pp
2018 94.6% €13.41 Million €725.82K €18.85 Million ▼ -3.0 pp
2017 97.6% €18.71 Million €456.32K €20.38 Million ▲ +376.4 pp
2016 -278.9% €89.85K €340.42K €2.88 Million ▼ -367.3 pp
2015 88.4% €1.68 Million €194.31K €2.73 Million
pp = percentage points