Readly International AB (READ) — Tangible Net Worth Ratio

Latest as of December 2024: 30.8%

Readly International AB (READ) has a Tangible Net Worth Ratio of 30.8% as of December 2024. This metric is calculated by deducting intangible assets (Skr48.52 Million) from net assets (Skr70.07 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 READ working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

30.8%
Tangible equity / total equity

Net Assets (Equity)

Skr70.07 Million
SEK

Intangible Assets

Skr48.52 Million
Goodwill, patents, brand value

Total Assets

Skr293.80 Million
SEK

Readly International AB Tangible Net Worth Ratio (2017–2024)

This chart shows how Readly International AB's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of December 2024, the ratio stands at 30.8%, reflecting net assets of Skr70.07 Million with intangible assets of Skr48.52 Million SEK. See Readly International AB (READ) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Readly International AB (2017–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Readly International AB from 2017 to 2024, covering 8 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 market value of Readly International AB.

Year Tangible NW Ratio Net Assets (SEK) Intangible Assets Total Assets Change (pp)
2024 30.8% Skr70.07 Million Skr48.52 Million Skr293.80 Million ▲ +174.9 pp
2023 -144.2% Skr34.70 Million Skr84.72 Million Skr294.25 Million ▼ -140.9 pp
2022 -3.3% Skr90.56 Million Skr93.50 Million Skr383.09 Million ▼ -23.1 pp
2021 19.8% Skr201.71 Million Skr161.75 Million Skr507.51 Million ▼ -74.4 pp
2020 94.3% Skr381.90 Million Skr21.93 Million Skr576.13 Million ▲ +26.5 pp
2019 67.8% Skr54.77 Million Skr17.66 Million Skr176.96 Million ▲ +2.0 pp
2018 65.8% Skr41.68 Million Skr14.27 Million Skr135.47 Million ▲ +4.2 pp
2017 61.6% Skr42.69 Million Skr16.39 Million Skr102.87 Million
pp = percentage points