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. See Glass To Power SpA working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
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. See how many days can Glass To Power SpA fund operations to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see Glass To Power SpA market cap and net worth.
| 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 | — |