Glass To Power SpA (MLGLB) — Tangible Net Worth Ratio
Glass To Power SpA (MLGLB) has a Tangible Net Worth Ratio of 100.0% as of June 2024. This metric is calculated by deducting intangible assets (€0.00) from net assets (€727.80K) 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 momentum of Glass To Power SpA to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Glass To Power SpA Tangible Net Worth Ratio (2019–2024)
This chart shows how Glass To Power SpA's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of June 2024, the ratio stands at 100.0%, reflecting net assets of €727.80K with intangible assets of €0.00 EUR. For live market cap and overall valuation, see MLGLB company net worth.
Annual Tangible Net Worth Ratio for Glass To Power SpA (2019–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Glass To Power SpA from 2019 to 2024, covering 6 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 Glass To Power SpA financial flexibility index 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) |
|---|---|---|---|---|---|
| 2024 | -163.2% | €242.89K | €639.39K | €1.50 Million | ▼ -65.2 pp |
| 2023 | -98.0% | €194.15K | €384.43K | €1.91 Million | ▲ +684.8 pp |
| 2022 | -782.8% | €102.06K | €900.96K | €1.85 Million | ▼ -882.8 pp |
| 2021 | 100.0% | €3.05 Million | €0.00 | €4.91 Million | ▲ +110.8 pp |
| 2020 | -10.8% | €2.45 Million | €2.72 Million | €4.42 Million | ▼ -32.4 pp |
| 2019 | 21.6% | €3.42 Million | €2.68 Million | €4.42 Million | — |