Grodno S.A. (GRN) — Tangible Net Worth Ratio
Grodno S.A. (GRN) has a Tangible Net Worth Ratio of 95.0% as of September 2025. This metric is calculated by deducting intangible assets (zł6.61 Million) from net assets (zł132.50 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. See Grodno S.A. book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Grodno S.A. Tangible Net Worth Ratio (2009–2023)
This chart shows how Grodno S.A.'s Tangible Net Worth Ratio has changed across 15 annual periods from 2009 to 2023. As of September 2025, the ratio stands at 95.0%, reflecting net assets of zł132.50 Million with intangible assets of zł6.61 Million PLN. Also explore GRN shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Grodno S.A. (2009–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Grodno S.A. from 2009 to 2023, covering 15 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 Grodno S.A. stock valuation.
| Year | Tangible NW Ratio | Net Assets (PLN) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 95.4% | zł149.72 Million | zł6.92 Million | zł501.48 Million | ▼ -2.1 pp |
| 2022 | 97.4% | zł143.50 Million | zł3.66 Million | zł499.28 Million | ▲ +1.2 pp |
| 2021 | 96.2% | zł134.10 Million | zł5.06 Million | zł468.17 Million | ▲ +1.5 pp |
| 2020 | 94.8% | zł93.56 Million | zł4.91 Million | zł336.69 Million | ▲ +1.1 pp |
| 2019 | 93.6% | zł81.04 Million | zł5.15 Million | zł283.93 Million | ▲ +0.6 pp |
| 2018 | 93.0% | zł69.45 Million | zł4.84 Million | zł275.28 Million | ▼ -0.7 pp |
| 2017 | 93.8% | zł63.39 Million | zł3.95 Million | zł237.43 Million | ▼ -2.3 pp |
| 2016 | 96.1% | zł56.80 Million | zł2.22 Million | zł193.88 Million | ▼ -1.6 pp |
| 2015 | 97.7% | zł50.91 Million | zł1.16 Million | zł162.31 Million | ▲ +1.5 pp |
| 2014 | 96.2% | zł39.19 Million | zł1.48 Million | zł140.81 Million | ▲ +2.7 pp |
| 2013 | 93.6% | zł28.94 Million | zł1.86 Million | zł112.44 Million | ▲ +3.6 pp |
| 2012 | 89.9% | zł24.82 Million | zł2.50 Million | zł101.08 Million | ▲ +2.8 pp |
| 2011 | 87.1% | zł24.64 Million | zł3.18 Million | zł105.23 Million | ▲ +2.3 pp |
| 2010 | 84.7% | zł20.76 Million | zł3.17 Million | zł81.22 Million | ▲ +169.9 pp |
| 2009 | -85.2% | zł9.95 Million | zł18.42 Million | zł45.68 Million | — |