Voxel S.A. (VOX) — Tangible Net Worth Ratio
Voxel S.A. (VOX) has a Tangible Net Worth Ratio of 91.2% as of December 2025. This metric is calculated by deducting intangible assets (zł36.51 Million) from net assets (zł415.63 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 Voxel S.A. (VOX) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Voxel S.A. Tangible Net Worth Ratio (2010–2025)
This chart shows how Voxel S.A.'s Tangible Net Worth Ratio has changed across 16 annual periods from 2010 to 2025. As of December 2025, the ratio stands at 91.2%, reflecting net assets of zł415.63 Million with intangible assets of zł36.51 Million PLN. See Voxel S.A. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Voxel S.A. (2010–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Voxel S.A. from 2010 to 2025, covering 16 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 Voxel S.A. market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (PLN) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 91.2% | zł415.63 Million | zł36.51 Million | zł706.69 Million | ▲ +1.5 pp |
| 2024 | 89.7% | zł366.64 Million | zł37.64 Million | zł639.44 Million | ▼ -4.7 pp |
| 2023 | 94.4% | zł295.41 Million | zł16.48 Million | zł529.03 Million | ▲ +0.8 pp |
| 2022 | 93.7% | zł243.91 Million | zł15.49 Million | zł467.35 Million | ▲ +0.0 pp |
| 2021 | 93.6% | zł230.53 Million | zł14.68 Million | zł495.05 Million | ▲ +0.3 pp |
| 2020 | 93.3% | zł181.17 Million | zł12.14 Million | zł438.23 Million | ▼ -0.3 pp |
| 2019 | 93.7% | zł155.77 Million | zł9.89 Million | zł337.91 Million | ▼ -2.0 pp |
| 2018 | 95.6% | zł143.25 Million | zł6.29 Million | zł282.33 Million | ▲ +2.1 pp |
| 2017 | 93.6% | zł130.46 Million | zł8.41 Million | zł239.05 Million | ▲ +0.7 pp |
| 2016 | 92.9% | zł116.38 Million | zł8.30 Million | zł223.12 Million | ▼ -0.7 pp |
| 2015 | 93.5% | zł111.15 Million | zł7.19 Million | zł212.15 Million | ▲ +1.8 pp |
| 2014 | 91.7% | zł103.47 Million | zł8.54 Million | zł214.95 Million | ▼ -3.3 pp |
| 2013 | 95.1% | zł108.89 Million | zł5.36 Million | zł215.40 Million | ▼ -1.3 pp |
| 2012 | 96.3% | zł82.64 Million | zł3.02 Million | zł167.43 Million | ▲ +22.3 pp |
| 2011 | 74.0% | zł83.39 Million | zł21.69 Million | zł203.30 Million | ▲ +4.0 pp |
| 2010 | 70.0% | zł72.36 Million | zł21.72 Million | zł172.25 Million | — |