Theranexus SA (ALTHX) — Tangible Net Worth Ratio
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. See Theranexus SA short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
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. See ALTHX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see market cap of Theranexus SA.
| 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 | — |