MagForce AG (MF6) — Tangible Net Worth Ratio

Latest as of December 2021: 92.7%

MagForce AG (MF6) has a Tangible Net Worth Ratio of 92.7% as of December 2021. This metric is calculated by deducting intangible assets (€1.96 Million) from net assets (€26.84 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. Also explore MF6 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

92.7%
Tangible equity / total equity

Net Assets (Equity)

€26.84 Million
EUR

Intangible Assets

€1.96 Million
Goodwill, patents, brand value

Total Assets

€62.83 Million
EUR

MagForce AG Tangible Net Worth Ratio (2018–2021)

This chart shows how MagForce AG's Tangible Net Worth Ratio has changed across 4 annual periods from 2018 to 2021. As of December 2021, the ratio stands at 92.7%, reflecting net assets of €26.84 Million with intangible assets of €1.96 Million EUR. For live market cap and overall valuation, see MagForce AG market capitalisation.

Annual Tangible Net Worth Ratio for MagForce AG (2018–2021)

The table below presents the year-by-year Tangible Net Worth Ratio for MagForce AG from 2018 to 2021, 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.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2021 92.7% €26.84 Million €1.96 Million €62.83 Million ▼ -2.8 pp
2020 95.4% €35.51 Million €1.62 Million €65.59 Million ▲ +0.7 pp
2019 94.8% €14.71 Million €768.67K €36.66 Million ▼ -4.7 pp
2018 99.5% €18.16 Million €90.87K €37.13 Million
pp = percentage points