Bourse Direct SA (BSD) — Tangible Net Worth Ratio
Bourse Direct SA (BSD) has a Tangible Net Worth Ratio of 65.8% as of June 2026. This metric is calculated by deducting intangible assets (€30.07 Million) from net assets (€87.84 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. For live market cap and overall valuation, see market cap of Bourse Direct SA.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Bourse Direct SA Tangible Net Worth Ratio (2004–2025)
This chart shows how Bourse Direct SA's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of June 2026, the ratio stands at 65.8%, reflecting net assets of €87.84 Million with intangible assets of €30.07 Million EUR. Also explore Bourse Direct SA net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Bourse Direct SA (2004–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Bourse Direct SA from 2004 to 2025, covering 22 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. See financial flexibility index of Bourse Direct SA to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 90.4% | €88.74 Million | €8.54 Million | €1.37 Billion | ▼ -0.3 pp |
| 2024 | 90.7% | €80.51 Million | €7.52 Million | €1.17 Billion | ▲ +0.5 pp |
| 2023 | 90.2% | €69.90 Million | €6.85 Million | €1.30 Billion | ▲ +30.5 pp |
| 2022 | 59.7% | €68.38 Million | €27.56 Million | €1.33 Billion | ▼ -0.4 pp |
| 2021 | 60.1% | €66.97 Million | €26.73 Million | €1.35 Billion | ▼ -10.7 pp |
| 2020 | 70.8% | €64.46 Million | €18.81 Million | €1.18 Billion | ▲ +1.2 pp |
| 2019 | 69.7% | €61.61 Million | €18.69 Million | €1.03 Billion | ▼ -29.7 pp |
| 2018 | 99.4% | €807.32 Million | €4.87 Million | €811.10 Million | ▲ +6.9 pp |
| 2017 | 92.5% | €60.06 Million | €4.52 Million | €831.58 Million | ▼ -0.5 pp |
| 2016 | 93.0% | €57.34 Million | €4.03 Million | €699.24 Million | ▲ +1.2 pp |
| 2015 | 91.8% | €55.02 Million | €4.50 Million | €591.17 Million | ▼ -0.5 pp |
| 2014 | 92.4% | €52.08 Million | €3.98 Million | €576.62 Million | ▼ -0.8 pp |
| 2013 | 93.2% | €48.86 Million | €3.33 Million | €553.68 Million | ▲ +0.4 pp |
| 2012 | 92.8% | €45.44 Million | €3.26 Million | €526.85 Million | ▼ -0.1 pp |
| 2011 | 92.9% | €44.56 Million | €3.17 Million | €408.02 Million | ▲ +26.0 pp |
| 2010 | 66.9% | €42.83 Million | €14.19 Million | €352.74 Million | ▼ -1.0 pp |
| 2009 | 67.9% | €42.26 Million | €13.57 Million | €295.44 Million | ▼ -7.9 pp |
| 2008 | 75.8% | €41.98 Million | €10.18 Million | €236.73 Million | ▲ +9.9 pp |
| 2007 | 65.8% | €37.13 Million | €12.69 Million | €283.42 Million | ▼ -6.6 pp |
| 2006 | 72.4% | €22.35 Million | €6.16 Million | €262.58 Million | ▼ -19.4 pp |
| 2005 | 91.8% | €46.29 Million | €3.80 Million | €174.18 Million | ▲ +0.8 pp |
| 2004 | 91.0% | €30.77 Million | €2.77 Million | €171.10 Million | — |