Bell AG (BELL) — Tangible Net Worth Ratio

Latest as of December 2025: 92.6%

Bell AG (BELL) has a Tangible Net Worth Ratio of 92.6% as of December 2025. This metric is calculated by deducting intangible assets (CHF119.10 Million) from net assets (CHF1.61 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 Bell AG (BELL) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

92.6%
Tangible equity / total equity

Net Assets (Equity)

CHF1.61 Billion
CHF

Intangible Assets

CHF119.10 Million
Goodwill, patents, brand value

Total Assets

CHF3.19 Billion
CHF

Bell AG Tangible Net Worth Ratio (2002–2025)

This chart shows how Bell AG's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at 92.6%, reflecting net assets of CHF1.61 Billion with intangible assets of CHF119.10 Million CHF. See Bell AG (BELL) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Bell AG (2002–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Bell AG from 2002 to 2025, covering 24 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 Bell AG.

Year Tangible NW Ratio Net Assets (CHF) Intangible Assets Total Assets Change (pp)
2025 96.8% CHF1.61 Billion CHF51.50 Million CHF3.19 Billion ▲ +0.1 pp
2024 96.7% CHF1.60 Billion CHF52.90 Million CHF3.20 Billion ▲ +0.3 pp
2023 96.4% CHF1.51 Billion CHF54.70 Million CHF3.27 Billion ▲ +9.6 pp
2022 86.7% CHF1.47 Billion CHF195.40 Million CHF3.08 Billion ▲ +2.0 pp
2021 84.7% CHF1.41 Billion CHF216.50 Million CHF2.80 Billion ▲ +1.8 pp
2020 82.9% CHF1.37 Billion CHF233.50 Million CHF2.74 Billion ▲ +2.2 pp
2019 80.7% CHF1.29 Billion CHF248.50 Million CHF2.71 Billion ▼ -17.4 pp
2018 98.1% CHF1.29 Billion CHF24.90 Million CHF2.72 Billion ▲ +0.5 pp
2017 97.5% CHF784.30 Million CHF19.30 Million CHF2.09 Billion ▼ -0.8 pp
2016 98.3% CHF977.80 Million CHF16.20 Million CHF2.14 Billion ▼ -0.2 pp
2015 98.5% CHF909.49 Million CHF13.33 Million CHF1.74 Billion ▲ +0.1 pp
2014 98.5% CHF786.96 Million CHF12.11 Million CHF1.47 Billion ▲ +0.4 pp
2013 98.1% CHF731.46 Million CHF13.87 Million CHF1.44 Billion ▲ +0.1 pp
2012 98.0% CHF675.47 Million CHF13.56 Million CHF1.32 Billion ▲ +0.3 pp
2011 97.7% CHF626.58 Million CHF14.20 Million CHF1.25 Billion ▲ +10.7 pp
2010 87.1% CHF590.46 Million CHF76.30 Million CHF1.17 Billion ▲ +6.3 pp
2009 80.7% CHF594.78 Million CHF114.52 Million CHF1.31 Billion ▼ -3.2 pp
2008 83.9% CHF538.71 Million CHF86.57 Million CHF1.14 Billion ▼ -19.6 pp
2007 103.6% CHF522.98 Million CHF-18.59 Million CHF788.66 Million ▲ +6.0 pp
2006 97.6% CHF478.70 Million CHF11.71 Million CHF743.12 Million ▲ +0.5 pp
2005 97.0% CHF445.94 Million CHF13.28 Million CHF800.69 Million ▼ -0.4 pp
2004 97.4% CHF421.72 Million CHF11.00 Million CHF806.72 Million ▲ +0.9 pp
2003 96.4% CHF395.80 Million CHF14.08 Million CHF800.74 Million ▼ -3.4 pp
2002 99.8% CHF357.12 Million CHF577.00K CHF753.60 Million
pp = percentage points