Newag S.A. (NWG) — Tangible Net Worth Ratio
Newag S.A. (NWG) has a Tangible Net Worth Ratio of 98.4% as of September 2025. This metric is calculated by deducting intangible assets (zł17.64 Million) from net assets (zł1.07 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 Newag S.A. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Newag S.A. Tangible Net Worth Ratio (2012–2024)
This chart shows how Newag S.A.'s Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 98.4%, reflecting net assets of zł1.07 Billion with intangible assets of zł17.64 Million PLN. See Newag S.A. liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Newag S.A. (2012–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Newag S.A. from 2012 to 2024, covering 13 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 Newag S.A. stock valuation.
| Year | Tangible NW Ratio | Net Assets (PLN) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.6% | zł881.10 Million | zł21.38 Million | zł1.76 Billion | ▼ -1.8 pp |
| 2023 | 99.4% | zł802.32 Million | zł4.72 Million | zł1.73 Billion | ▲ +0.5 pp |
| 2022 | 98.9% | zł709.19 Million | zł7.48 Million | zł1.42 Billion | ▲ +0.4 pp |
| 2021 | 98.6% | zł744.30 Million | zł10.73 Million | zł1.44 Billion | ▲ +0.2 pp |
| 2020 | 98.4% | zł725.20 Million | zł11.61 Million | zł1.40 Billion | ▲ +0.9 pp |
| 2019 | 97.5% | zł552.14 Million | zł13.57 Million | zł1.36 Billion | ▲ +0.0 pp |
| 2018 | 97.5% | zł495.43 Million | zł12.21 Million | zł1.21 Billion | ▲ +1.9 pp |
| 2017 | 95.7% | zł403.60 Million | zł17.44 Million | zł1.00 Billion | ▲ +1.5 pp |
| 2016 | 94.2% | zł405.58 Million | zł23.42 Million | zł869.04 Million | ▲ +0.7 pp |
| 2015 | 93.5% | zł417.14 Million | zł26.98 Million | zł919.72 Million | ▼ -1.2 pp |
| 2014 | 94.7% | zł396.22 Million | zł21.07 Million | zł908.58 Million | ▲ +1.0 pp |
| 2013 | 93.7% | zł335.62 Million | zł21.15 Million | zł1.17 Billion | ▼ -0.2 pp |
| 2012 | 93.9% | zł309.27 Million | zł18.86 Million | zł1.00 Billion | — |