Galeo Concept SA (MLGAL) — Tangible Net Worth Ratio
Galeo Concept SA (MLGAL) has a Tangible Net Worth Ratio of 97.3% as of December 2024. This metric is calculated by deducting intangible assets (€44.24 Million) from net assets (€1.64 Billion) 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 MLGAL working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Galeo Concept SA Tangible Net Worth Ratio (2010–2024)
This chart shows how Galeo Concept SA's Tangible Net Worth Ratio has changed across 12 annual periods from 2010 to 2024. As of December 2024, the ratio stands at 97.3%, reflecting net assets of €1.64 Billion with intangible assets of €44.24 Million EUR. See Galeo Concept SA (MLGAL) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Galeo Concept SA (2010–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Galeo Concept SA from 2010 to 2024, covering 12 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 Galeo Concept SA market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.3% | €1.64 Billion | €44.24 Million | €3.55 Billion | ▲ +0.8 pp |
| 2023 | 96.5% | €1.88 Million | €66.46K | €3.56 Million | ▼ -2.2 pp |
| 2022 | 98.6% | €1.68 Million | €23.10K | €3.61 Million | ▲ +0.0 pp |
| 2021 | 98.6% | €1.73 Million | €24.13K | €3.44 Million | ▲ +0.2 pp |
| 2020 | 98.4% | €1.55 Million | €25.21K | €3.17 Million | ▲ +1.0 pp |
| 2019 | 97.4% | €1.45 Million | €38.18K | €3.13 Million | ▼ -2.6 pp |
| 2018 | 100.0% | €1.34 Million | €35.62 | €2.81 Million | ▼ 0.0 pp |
| 2017 | 100.0% | €1.59 Million | €25.79 | €2.74 Million | ▲ +0.0 pp |
| 2016 | 100.0% | €1.64 Million | €27.82 | €2.53 Million | ▲ +2.1 pp |
| 2015 | 97.9% | €1.59 Million | €33.33K | €2.75 Million | ▼ -1.7 pp |
| 2011 | 99.6% | €1.92 Million | €7.39K | €2.86 Million | ▲ +0.3 pp |
| 2010 | 99.3% | €616.69K | €4.33K | €1.49 Million | — |