Sapiens International Corporation NV (SPNS) — Tangible Net Worth Ratio
Sapiens International Corporation NV (SPNS) has a Tangible Net Worth Ratio of 18.3% as of September 2025. This metric is calculated by deducting intangible assets (ILA430.90 Million) from net assets (ILA527.19 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 how fast is Sapiens International Corporation NV growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Sapiens International Corporation NV Tangible Net Worth Ratio (1996–2024)
This chart shows how Sapiens International Corporation NV's Tangible Net Worth Ratio has changed across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 18.3%, reflecting net assets of ILA527.19 Million with intangible assets of ILA430.90 Million ILA. For live market cap and overall valuation, see Sapiens International Corporation NV stock valuation.
Annual Tangible Net Worth Ratio for Sapiens International Corporation NV (1996–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Sapiens International Corporation NV from 1996 to 2024, 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. Explore SPNS capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (ILA) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 89.4% | ILA479.63 Million | ILA50.94 Million | ILA691.71 Million | ▲ +2.9 pp |
| 2023 | 86.4% | ILA449.95 Million | ILA61.04 Million | ILA689.62 Million | ▲ +3.2 pp |
| 2022 | 83.3% | ILA402.85 Million | ILA67.43 Million | ILA666.75 Million | ▲ +3.4 pp |
| 2021 | 79.9% | ILA408.72 Million | ILA82.14 Million | ILA714.99 Million | ▲ +5.8 pp |
| 2020 | 74.1% | ILA383.69 Million | ILA99.31 Million | ILA714.16 Million | ▼ -0.2 pp |
| 2019 | 74.3% | ILA225.50 Million | ILA57.99 Million | ILA452.42 Million | ▲ +6.5 pp |
| 2018 | 67.8% | ILA202.48 Million | ILA65.25 Million | ILA378.87 Million | ▲ +0.2 pp |
| 2017 | 67.6% | ILA200.87 Million | ILA65.17 Million | ILA371.29 Million | ▼ -17.9 pp |
| 2016 | 85.4% | ILA194.39 Million | ILA28.35 Million | ILA257.85 Million | ▲ +0.6 pp |
| 2015 | 84.9% | ILA181.81 Million | ILA27.54 Million | ILA242.27 Million | ▲ +0.2 pp |
| 2014 | 84.6% | ILA176.20 Million | ILA27.06 Million | ILA228.82 Million | ▲ +2.3 pp |
| 2013 | 82.4% | ILA170.41 Million | ILA30.01 Million | ILA222.54 Million | ▲ +7.1 pp |
| 2012 | 75.3% | ILA118.44 Million | ILA29.21 Million | ILA162.58 Million | ▲ +2.9 pp |
| 2011 | 72.5% | ILA114.72 Million | ILA31.59 Million | ILA157.48 Million | ▲ +13.0 pp |
| 2010 | 59.5% | ILA34.12 Million | ILA13.82 Million | ILA55.07 Million | ▲ +10.7 pp |
| 2009 | 48.7% | ILA26.41 Million | ILA13.54 Million | ILA45.77 Million | ▲ +14.5 pp |
| 2008 | 34.2% | ILA21.88 Million | ILA14.39 Million | ILA45.18 Million | ▲ +2.7 pp |
| 2007 | 31.5% | ILA21.85 Million | ILA14.96 Million | ILA52.53 Million | ▲ +274.3 pp |
| 2006 | -242.8% | ILA3.93 Million | ILA13.47 Million | ILA45.62 Million | ▼ -6.3 pp |
| 2005 | -236.4% | ILA3.63 Million | ILA12.22 Million | ILA51.87 Million | ▼ -265.1 pp |
| 2004 | 28.6% | ILA12.08 Million | ILA8.62 Million | ILA68.73 Million | ▼ -9.8 pp |
| 2003 | 38.4% | ILA14.00 Million | ILA8.62 Million | ILA76.72 Million | ▼ -7.6 pp |
| 2002 | 46.1% | ILA15.98 Million | ILA8.62 Million | ILA65.15 Million | ▲ +16.6 pp |
| 2001 | 29.4% | ILA10.74 Million | ILA7.58 Million | ILA70.46 Million | ▼ -21.9 pp |
| 2000 | 51.3% | ILA18.90 Million | ILA9.20 Million | ILA92.40 Million | ▼ -29.1 pp |
| 1999 | 80.4% | ILA51.41 Million | ILA10.06 Million | ILA85.11 Million | ▼ -10.2 pp |
| 1998 | 90.6% | ILA33.10 Million | ILA3.10 Million | ILA73.30 Million | ▼ -7.4 pp |
| 1997 | 98.0% | ILA20.10 Million | ILA400.00K | ILA57.60 Million | ▲ +5.0 pp |
| 1996 | 93.1% | ILA7.20 Million | ILA500.00K | ILA50.20 Million | — |