Sandvik AB (SAND) — Tangible Net Worth Ratio
Sandvik AB (SAND) has a Tangible Net Worth Ratio of 35.3% as of March 2026. This metric is calculated by deducting intangible assets (Skr64.91 Billion) from net assets (Skr100.35 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 Sandvik AB book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Sandvik AB Tangible Net Worth Ratio (2000–2025)
This chart shows how Sandvik AB's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at 35.3%, reflecting net assets of Skr100.35 Billion with intangible assets of Skr64.91 Billion SEK. Also explore SAND shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Sandvik AB (2000–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Sandvik AB from 2000 to 2025, covering 26 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 Sandvik AB market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (SEK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 82.4% | Skr93.24 Billion | Skr16.39 Billion | Skr169.86 Billion | ▲ +2.2 pp |
| 2024 | 80.3% | Skr97.00 Billion | Skr19.14 Billion | Skr184.38 Billion | ▲ +0.6 pp |
| 2023 | 79.7% | Skr87.70 Billion | Skr17.83 Billion | Skr174.21 Billion | ▲ +2.5 pp |
| 2022 | 77.2% | Skr81.27 Billion | Skr18.56 Billion | Skr176.68 Billion | ▼ -5.3 pp |
| 2021 | 82.5% | Skr77.33 Billion | Skr13.53 Billion | Skr155.52 Billion | ▼ -8.1 pp |
| 2020 | 90.6% | Skr65.08 Billion | Skr6.09 Billion | Skr119.13 Billion | ▼ -0.2 pp |
| 2019 | 90.8% | Skr61.86 Billion | Skr5.69 Billion | Skr120.42 Billion | ▲ +2.2 pp |
| 2018 | 88.6% | Skr58.52 Billion | Skr6.64 Billion | Skr118.35 Billion | ▼ -0.1 pp |
| 2017 | 88.8% | Skr48.77 Billion | Skr5.46 Billion | Skr106.80 Billion | ▲ +3.8 pp |
| 2016 | 85.0% | Skr39.29 Billion | Skr5.91 Billion | Skr103.50 Billion | ▲ +1.6 pp |
| 2015 | 83.4% | Skr34.06 Billion | Skr5.66 Billion | Skr101.24 Billion | ▼ -1.4 pp |
| 2014 | 84.8% | Skr36.67 Billion | Skr5.58 Billion | Skr106.32 Billion | ▼ -6.4 pp |
| 2013 | 91.2% | Skr33.61 Billion | Skr2.97 Billion | Skr93.88 Billion | ▼ -1.3 pp |
| 2012 | 92.4% | Skr36.23 Billion | Skr2.74 Billion | Skr104.05 Billion | ▲ +0.6 pp |
| 2011 | 91.8% | Skr33.89 Billion | Skr2.77 Billion | Skr98.74 Billion | ▲ +0.3 pp |
| 2010 | 91.5% | Skr33.81 Billion | Skr2.86 Billion | Skr90.00 Billion | ▲ +1.6 pp |
| 2009 | 90.0% | Skr29.96 Billion | Skr3.00 Billion | Skr91.58 Billion | ▼ -2.8 pp |
| 2008 | 92.8% | Skr36.73 Billion | Skr2.64 Billion | Skr103.23 Billion | ▲ +1.2 pp |
| 2007 | 91.6% | Skr29.82 Billion | Skr2.49 Billion | Skr85.44 Billion | ▼ -4.3 pp |
| 2006 | 96.0% | Skr27.20 Billion | Skr1.09 Billion | Skr65.90 Billion | ▼ -0.1 pp |
| 2005 | 96.1% | Skr24.51 Billion | Skr953.00 Million | Skr59.56 Billion | ▲ +14.5 pp |
| 2004 | 81.6% | Skr22.82 Billion | Skr4.19 Billion | Skr51.23 Billion | ▲ +1.4 pp |
| 2003 | 80.2% | Skr22.29 Billion | Skr4.41 Billion | Skr48.40 Billion | ▲ +3.8 pp |
| 2002 | 76.5% | Skr24.17 Billion | Skr5.69 Billion | Skr50.12 Billion | ▼ -4.2 pp |
| 2001 | 80.7% | Skr24.94 Billion | Skr4.81 Billion | Skr49.55 Billion | ▲ +0.0 pp |
| 2000 | 80.7% | Skr23.40 Billion | Skr4.52 Billion | Skr43.91 Billion | — |