Electroarges S (ELGS) — Tangible Net Worth Ratio
Electroarges S (ELGS) has a Tangible Net Worth Ratio of 100.0% as of March 2025. This metric is calculated by deducting intangible assets (RON0.00) from net assets (RON33.57 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 Electroarges S short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Electroarges S Tangible Net Worth Ratio (2020–2023)
This chart shows how Electroarges S's Tangible Net Worth Ratio has changed across 4 annual periods from 2020 to 2023. As of March 2025, the ratio stands at 100.0%, reflecting net assets of RON33.57 Million with intangible assets of RON0.00 RON. See operational self-sufficiency of Electroarges S to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Electroarges S (2020–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Electroarges S from 2020 to 2023, covering 4 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 Electroarges S (ELGS) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (RON) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 99.1% | RON45.64 Million | RON391.12K | RON99.78 Million | ▼ -0.4 pp |
| 2022 | 99.6% | RON55.94 Million | RON244.24K | RON122.05 Million | ▲ +1.1 pp |
| 2021 | 98.4% | RON54.25 Million | RON852.33K | RON140.26 Million | ▼ -0.2 pp |
| 2020 | 98.6% | RON62.45 Million | RON843.56K | RON141.84 Million | — |