H & M Hennes & Mauritz AB (publ) (HM-B) — Tangible Net Worth Ratio
H & M Hennes & Mauritz AB (publ) (HM-B) has a Tangible Net Worth Ratio of 81.6% as of February 2026. This metric is calculated by deducting intangible assets (Skr7.62 Billion) from net assets (Skr41.42 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 H & M Hennes & Mauritz AB (publ) 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
H & M Hennes & Mauritz AB (publ) Tangible Net Worth Ratio (2004–2025)
This chart shows how H & M Hennes & Mauritz AB (publ)'s Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of February 2026, the ratio stands at 81.6%, reflecting net assets of Skr41.42 Billion with intangible assets of Skr7.62 Billion SEK. See defensive interval ratio of H & M Hennes & Mauritz AB (publ) to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for H & M Hennes & Mauritz AB (publ) (2004–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for H & M Hennes & Mauritz AB (publ) from 2004 to 2025, covering 22 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 HM-B company net worth.
| Year | Tangible NW Ratio | Net Assets (SEK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 84.3% | Skr42.95 Billion | Skr6.73 Billion | Skr170.27 Billion | ▲ +1.0 pp |
| 2024 | 83.3% | Skr46.21 Billion | Skr7.72 Billion | Skr180.21 Billion | ▲ +1.6 pp |
| 2023 | 81.7% | Skr47.60 Billion | Skr8.71 Billion | Skr181.27 Billion | ▼ -0.4 pp |
| 2022 | 82.1% | Skr50.76 Billion | Skr9.09 Billion | Skr182.05 Billion | ▼ -2.1 pp |
| 2021 | 84.2% | Skr60.02 Billion | Skr9.49 Billion | Skr179.78 Billion | ▲ +3.2 pp |
| 2020 | 81.0% | Skr54.62 Billion | Skr10.37 Billion | Skr174.37 Billion | ▲ +1.0 pp |
| 2019 | 80.1% | Skr57.07 Billion | Skr11.38 Billion | Skr120.48 Billion | ▼ -3.6 pp |
| 2018 | 83.7% | Skr58.55 Billion | Skr9.55 Billion | Skr118.79 Billion | ▼ -4.6 pp |
| 2017 | 88.3% | Skr59.71 Billion | Skr6.98 Billion | Skr106.56 Billion | ▼ -3.1 pp |
| 2016 | 91.4% | Skr61.24 Billion | Skr5.28 Billion | Skr98.58 Billion | ▼ -1.6 pp |
| 2015 | 93.0% | Skr58.05 Billion | Skr4.05 Billion | Skr85.81 Billion | ▼ -1.4 pp |
| 2014 | 94.4% | Skr51.56 Billion | Skr2.90 Billion | Skr75.60 Billion | ▼ -0.7 pp |
| 2013 | 95.1% | Skr45.25 Billion | Skr2.21 Billion | Skr65.68 Billion | ▼ -2.9 pp |
| 2012 | 98.0% | Skr43.84 Billion | Skr863.00 Million | Skr60.17 Billion | ▲ +0.2 pp |
| 2011 | 97.8% | Skr44.10 Billion | Skr971.00 Million | Skr60.19 Billion | ▲ +0.4 pp |
| 2010 | 97.4% | Skr44.17 Billion | Skr1.13 Billion | Skr59.18 Billion | ▼ -1.6 pp |
| 2009 | 99.0% | Skr40.61 Billion | Skr396.00 Million | Skr54.36 Billion | ▲ +2.0 pp |
| 2008 | 97.0% | Skr36.95 Billion | Skr1.10 Billion | Skr51.24 Billion | ▼ -2.2 pp |
| 2007 | 99.2% | Skr32.09 Billion | Skr266.00 Million | Skr41.73 Billion | ▼ 0.0 pp |
| 2006 | 99.2% | Skr27.78 Billion | Skr222.00 Million | Skr35.55 Billion | ▼ -0.8 pp |
| 2005 | 100.0% | Skr25.92 Billion | Skr0.00 | Skr33.18 Billion | ▲ +0.5 pp |
| 2004 | 99.5% | Skr22.21 Billion | Skr101.40 Million | Skr28.13 Billion | — |