TTW PCL (F1P) — Tangible Net Worth Ratio
TTW PCL (F1P) has a Tangible Net Worth Ratio of 94.9% as of September 2025. This metric is calculated by deducting intangible assets (€804.46 Million) from net assets (€15.83 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. Also explore TTW PCL equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
TTW PCL Tangible Net Worth Ratio (2018–2024)
This chart shows how TTW PCL's Tangible Net Worth Ratio has changed across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 94.9%, reflecting net assets of €15.83 Billion with intangible assets of €804.46 Million EUR. For live market cap and overall valuation, see TTW PCL (F1P) market capitalisation.
Annual Tangible Net Worth Ratio for TTW PCL (2018–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for TTW PCL from 2018 to 2024, covering 7 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 TTW PCL (F1P) reinvestment ratio 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 | 94.7% | €15.71 Billion | €833.74 Million | €20.20 Billion | ▲ +0.1 pp |
| 2023 | 94.6% | €15.28 Billion | €827.58 Million | €20.28 Billion | ▲ +1.5 pp |
| 2022 | 93.1% | €14.75 Billion | €1.02 Billion | €21.49 Billion | ▲ +2.0 pp |
| 2021 | 91.1% | €14.20 Billion | €1.26 Billion | €22.50 Billion | ▲ +2.1 pp |
| 2020 | 89.0% | €13.70 Billion | €1.50 Billion | €22.84 Billion | ▲ +2.3 pp |
| 2019 | 86.7% | €13.12 Billion | €1.75 Billion | €23.16 Billion | ▲ +2.7 pp |
| 2018 | 84.0% | €12.36 Billion | €1.98 Billion | €23.33 Billion | — |