Believe SAS (BLV) — Tangible Net Worth Ratio
Believe SAS (BLV) has a Tangible Net Worth Ratio of 59.4% as of December 2024. This metric is calculated by deducting intangible assets (€146.47 Million) from net assets (€360.52 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 net asset growth rate of Believe SAS to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Believe SAS Tangible Net Worth Ratio (2017–2024)
This chart shows how Believe SAS's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of December 2024, the ratio stands at 59.4%, reflecting net assets of €360.52 Million with intangible assets of €146.47 Million EUR. For live market cap and overall valuation, see Believe SAS stock valuation.
Annual Tangible Net Worth Ratio for Believe SAS (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Believe SAS from 2017 to 2024, 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. Explore capital reinvestment ratio of Believe SAS 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) |
|---|---|---|---|---|---|
| 2024 | 59.4% | €360.52 Million | €146.47 Million | €1.17 Billion | ▼ -4.9 pp |
| 2023 | 64.2% | €379.21 Million | €135.57 Million | €1.11 Billion | ▼ -4.1 pp |
| 2022 | 68.3% | €384.86 Million | €121.98 Million | €1.00 Billion | ▼ -2.5 pp |
| 2021 | 70.8% | €405.10 Million | €118.12 Million | €912.84 Million | ▲ +44.1 pp |
| 2020 | 26.8% | €151.53 Million | €110.97 Million | €659.97 Million | ▼ -22.5 pp |
| 2019 | 49.3% | €176.34 Million | €89.49 Million | €590.10 Million | ▲ +161.1 pp |
| 2018 | -111.8% | €35.41 Million | €75.00 Million | €386.97 Million | ▼ -113.8 pp |
| 2017 | 1.9% | €31.42 Million | €30.81 Million | €246.23 Million | — |