The Swatch Group AG (UHR) — Tangible Net Worth Ratio
The Swatch Group AG (UHR) has a Tangible Net Worth Ratio of 98.8% as of December 2025. This metric is calculated by deducting intangible assets (CHF143.00 Million) from net assets (CHF11.65 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 The Swatch Group AG (UHR) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
The Swatch Group AG Tangible Net Worth Ratio (1997–2025)
This chart shows how The Swatch Group AG's Tangible Net Worth Ratio has changed across 29 annual periods from 1997 to 2025. As of December 2025, the ratio stands at 98.8%, reflecting net assets of CHF11.65 Billion with intangible assets of CHF143.00 Million CHF. See The Swatch Group AG defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for The Swatch Group AG (1997–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for The Swatch Group AG from 1997 to 2025, covering 29 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 The Swatch Group AG stock valuation.
| Year | Tangible NW Ratio | Net Assets (CHF) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.8% | CHF11.65 Billion | CHF143.00 Million | CHF13.38 Billion | ▲ +0.0 pp |
| 2024 | 98.8% | CHF12.22 Billion | CHF151.00 Million | CHF13.99 Billion | ▲ +0.0 pp |
| 2023 | 98.8% | CHF12.26 Billion | CHF153.00 Million | CHF14.23 Billion | ▼ 0.0 pp |
| 2022 | 98.8% | CHF12.05 Billion | CHF146.00 Million | CHF13.89 Billion | ▲ +0.0 pp |
| 2021 | 98.8% | CHF11.61 Billion | CHF144.00 Million | CHF13.68 Billion | ▲ +0.1 pp |
| 2020 | 98.7% | CHF10.96 Billion | CHF144.00 Million | CHF12.90 Billion | ▼ 0.0 pp |
| 2019 | 98.7% | CHF11.49 Billion | CHF150.00 Million | CHF13.69 Billion | ▼ -0.4 pp |
| 2018 | 99.1% | CHF11.27 Billion | CHF101.00 Million | CHF13.66 Billion | ▲ +0.0 pp |
| 2017 | 99.1% | CHF11.29 Billion | CHF104.00 Million | CHF13.48 Billion | ▼ 0.0 pp |
| 2016 | 99.1% | CHF11.07 Billion | CHF98.00 Million | CHF13.11 Billion | ▲ +0.0 pp |
| 2015 | 99.1% | CHF11.24 Billion | CHF105.00 Million | CHF13.27 Billion | ▲ +0.1 pp |
| 2014 | 99.0% | CHF10.67 Billion | CHF109.00 Million | CHF12.75 Billion | ▲ +0.0 pp |
| 2013 | 98.9% | CHF9.57 Billion | CHF102.00 Million | CHF11.64 Billion | ▲ +0.6 pp |
| 2012 | 98.4% | CHF9.34 Billion | CHF153.00 Million | CHF11.22 Billion | ▼ -0.2 pp |
| 2011 | 98.5% | CHF8.07 Billion | CHF120.00 Million | CHF9.80 Billion | ▲ +3.0 pp |
| 2010 | 95.5% | CHF7.10 Billion | CHF317.00 Million | CHF8.61 Billion | ▲ +0.9 pp |
| 2009 | 94.6% | CHF5.98 Billion | CHF320.00 Million | CHF7.71 Billion | ▼ -3.4 pp |
| 2008 | 98.1% | CHF5.45 Billion | CHF104.00 Million | CHF7.24 Billion | ▲ +18.7 pp |
| 2007 | 79.4% | CHF5.33 Billion | CHF1.10 Billion | CHF7.45 Billion | ▲ +1.1 pp |
| 2006 | 78.3% | CHF4.97 Billion | CHF1.08 Billion | CHF6.90 Billion | ▲ +0.8 pp |
| 2005 | 77.5% | CHF4.60 Billion | CHF1.04 Billion | CHF6.59 Billion | ▼ -0.6 pp |
| 2004 | 78.1% | CHF4.28 Billion | CHF937.00 Million | CHF6.01 Billion | ▲ +2.9 pp |
| 2003 | 75.2% | CHF4.02 Billion | CHF996.00 Million | CHF5.62 Billion | ▲ +3.0 pp |
| 2002 | 72.2% | CHF3.56 Billion | CHF988.00 Million | CHF4.78 Billion | ▼ -19.6 pp |
| 2001 | 91.8% | CHF3.28 Billion | CHF269.00 Million | CHF4.66 Billion | ▼ -7.5 pp |
| 2000 | 99.3% | CHF3.17 Billion | CHF23.00 Million | CHF4.49 Billion | ▲ +0.8 pp |
| 1999 | 98.5% | CHF2.87 Billion | CHF43.00 Million | CHF4.48 Billion | ▼ -0.6 pp |
| 1998 | 99.1% | CHF2.99 Billion | CHF28.00 Million | CHF4.17 Billion | ▲ +0.3 pp |
| 1997 | 98.8% | CHF2.81 Billion | CHF35.00 Million | CHF3.63 Billion | — |