Cnova NV (CNV) — Tangible Net Worth Ratio
Cnova NV (CNV) has a Tangible Net Worth Ratio of -5486.5% as of June 2016. This metric is calculated by deducting intangible assets (€120.50 Million) from net assets (€2.16 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 how liquid is Cnova NV's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Cnova NV Tangible Net Worth Ratio (2011–2015)
This chart shows how Cnova NV's Tangible Net Worth Ratio has changed across 5 annual periods from 2011 to 2015. As of June 2016, the ratio stands at -5486.5%, reflecting net assets of €2.16 Million with intangible assets of €120.50 Million EUR. See Cnova NV (CNV) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Cnova NV (2011–2015)
The table below presents the year-by-year Tangible Net Worth Ratio for Cnova NV from 2011 to 2015, covering 5 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 Cnova NV stock valuation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2015 | 9.0% | €144.60 Million | €131.60 Million | €1.76 Billion | ▼ -65.8 pp |
| 2014 | 74.8% | €584.29 Million | €147.08 Million | €2.16 Billion | ▼ -1.2 pp |
| 2013 | 76.0% | €473.16 Million | €113.65 Million | €1.69 Billion | ▼ -8.7 pp |
| 2012 | 84.7% | €585.26 Million | €89.63 Million | €1.54 Billion | ▲ +49.4 pp |
| 2011 | 35.3% | €52.02 Million | €33.67 Million | €478.30 Million | — |