Vetoquinol (VETO) — Tangible Net Worth Ratio
Vetoquinol (VETO) has a Tangible Net Worth Ratio of 76.3% as of June 2025. This metric is calculated by deducting intangible assets (€134.65 Million) from net assets (€567.53 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. Also explore Vetoquinol (VETO) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Vetoquinol Tangible Net Worth Ratio (2004–2024)
This chart shows how Vetoquinol's Tangible Net Worth Ratio has changed across 21 annual periods from 2004 to 2024. As of June 2025, the ratio stands at 76.3%, reflecting net assets of €567.53 Million with intangible assets of €134.65 Million EUR. For live market cap and overall valuation, see Vetoquinol market cap and net worth.
Annual Tangible Net Worth Ratio for Vetoquinol (2004–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Vetoquinol from 2004 to 2024, covering 21 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. Explore VETO capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 75.3% | €575.93 Million | €142.09 Million | €744.13 Million | ▲ +4.5 pp |
| 2023 | 70.8% | €527.11 Million | €154.00 Million | €692.23 Million | ▲ +21.3 pp |
| 2022 | 49.5% | €484.66 Million | €244.88 Million | €651.85 Million | ▲ +8.8 pp |
| 2021 | 40.6% | €441.35 Million | €261.98 Million | €624.56 Million | ▲ +9.2 pp |
| 2020 | 31.5% | €371.83 Million | €254.85 Million | €646.09 Million | ▼ -57.4 pp |
| 2019 | 88.9% | €385.98 Million | €42.95 Million | €511.47 Million | ▲ +0.7 pp |
| 2018 | 88.2% | €363.08 Million | €42.88 Million | €465.58 Million | ▲ +0.9 pp |
| 2017 | 87.3% | €335.73 Million | €42.51 Million | €443.97 Million | ▲ +2.0 pp |
| 2016 | 85.3% | €316.48 Million | €46.54 Million | €439.17 Million | ▲ +1.6 pp |
| 2015 | 83.7% | €289.49 Million | €47.26 Million | €412.48 Million | ▲ +1.3 pp |
| 2014 | 82.3% | €268.40 Million | €47.38 Million | €419.36 Million | ▼ -3.7 pp |
| 2013 | 86.1% | €235.96 Million | €32.88 Million | €351.83 Million | ▲ +0.9 pp |
| 2012 | 85.2% | €228.01 Million | €33.76 Million | €356.44 Million | ▲ +2.4 pp |
| 2011 | 82.8% | €211.29 Million | €36.34 Million | €318.31 Million | ▲ +5.2 pp |
| 2010 | 77.6% | €184.27 Million | €41.20 Million | €309.45 Million | ▼ -3.2 pp |
| 2009 | 80.8% | €154.95 Million | €29.73 Million | €283.67 Million | ▲ +0.1 pp |
| 2008 | 80.7% | €137.05 Million | €26.41 Million | €236.43 Million | ▲ +1.1 pp |
| 2007 | 79.7% | €127.87 Million | €25.99 Million | €228.41 Million | ▲ +6.0 pp |
| 2006 | 73.7% | €111.15 Million | €29.27 Million | €210.62 Million | ▼ -0.9 pp |
| 2005 | 74.6% | €86.82 Million | €22.08 Million | €199.72 Million | ▲ +28.6 pp |
| 2004 | 45.9% | €71.38 Million | €38.59 Million | €176.96 Million | — |