Covestro AG (1COV) — Tangible Net Worth Ratio
Covestro AG (1COV) has a Tangible Net Worth Ratio of 92.9% as of September 2025. This metric is calculated by deducting intangible assets (€434.00 Million) from net assets (€6.11 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 Covestro AG (1COV) net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Covestro AG Tangible Net Worth Ratio (2012–2024)
This chart shows how Covestro AG's Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 92.9%, reflecting net assets of €6.11 Billion with intangible assets of €434.00 Million EUR. Also explore 1COV net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Covestro AG (2012–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Covestro AG 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 Covestro AG market capitalisation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 92.9% | €6.68 Billion | €471.00 Million | €13.63 Billion | ▲ +0.8 pp |
| 2023 | 92.2% | €6.62 Billion | €519.00 Million | €13.64 Billion | ▲ +0.6 pp |
| 2022 | 91.5% | €7.12 Billion | €603.00 Million | €14.59 Billion | ▲ +0.6 pp |
| 2021 | 90.9% | €7.76 Billion | €706.00 Million | €15.57 Billion | ▼ -7.2 pp |
| 2020 | 98.1% | €5.64 Billion | €109.00 Million | €12.92 Billion | ▲ +0.2 pp |
| 2019 | 97.8% | €5.25 Billion | €114.00 Million | €11.52 Billion | ▼ -0.7 pp |
| 2018 | 98.6% | €5.38 Billion | €77.00 Million | €11.08 Billion | ▲ +0.1 pp |
| 2017 | 98.5% | €5.37 Billion | €81.00 Million | €11.34 Billion | ▲ +0.8 pp |
| 2016 | 97.7% | €4.22 Billion | €97.00 Million | €10.23 Billion | ▲ +1.4 pp |
| 2015 | 96.3% | €3.61 Billion | €132.00 Million | €10.53 Billion | ▲ +3.8 pp |
| 2014 | 92.6% | €1.79 Billion | €133.00 Million | €10.39 Billion | ▼ -1.5 pp |
| 2013 | 94.1% | €2.78 Billion | €164.00 Million | €10.13 Billion | ▲ +2.9 pp |
| 2012 | 91.2% | €2.58 Billion | €226.00 Million | €10.46 Billion | — |