Bayer AG NA (BAYN) — Tangible Net Worth Ratio

Latest as of December 2025: 20.9%

Bayer AG NA (BAYN) has a Tangible Net Worth Ratio of 20.9% as of December 2025. This metric is calculated by deducting intangible assets (€20.62 Billion) from net assets (€26.06 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 how liquid is Bayer AG NA's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

20.9%
Tangible equity / total equity

Net Assets (Equity)

€26.06 Billion
EUR

Intangible Assets

€20.62 Billion
Goodwill, patents, brand value

Total Assets

€110.61 Billion
EUR

Bayer AG NA Tangible Net Worth Ratio (1998–2025)

This chart shows how Bayer AG NA's Tangible Net Worth Ratio has changed across 28 annual periods from 1998 to 2025. As of December 2025, the ratio stands at 20.9%, reflecting net assets of €26.06 Billion with intangible assets of €20.62 Billion EUR. See BAYN defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Bayer AG NA (1998–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Bayer AG NA from 1998 to 2025, covering 28 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 how much is Bayer AG NA worth.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 20.9% €26.06 Billion €20.62 Billion €110.61 Billion ▼ -21.6 pp
2024 42.5% €32.05 Billion €18.43 Billion €110.85 Billion ▲ +13.1 pp
2023 29.4% €33.08 Billion €23.36 Billion €116.26 Billion ▼ -8.5 pp
2022 37.9% €38.93 Billion €24.18 Billion €124.88 Billion ▲ +17.0 pp
2021 20.8% €33.17 Billion €26.26 Billion €120.24 Billion ▲ +5.6 pp
2020 15.2% €30.70 Billion €26.03 Billion €117.05 Billion ▼ -11.7 pp
2019 27.0% €47.52 Billion €34.71 Billion €126.26 Billion ▲ +6.6 pp
2018 20.4% €46.15 Billion €36.75 Billion €126.28 Billion ▼ -48.0 pp
2017 68.3% €36.86 Billion €11.67 Billion €75.09 Billion ▲ +10.9 pp
2016 57.5% €31.90 Billion €13.57 Billion €82.24 Billion ▲ +17.1 pp
2015 40.3% €25.45 Billion €15.18 Billion €73.92 Billion ▲ +17.8 pp
2014 22.6% €20.22 Billion €15.65 Billion €70.23 Billion ▼ -34.6 pp
2013 57.2% €20.80 Billion €8.91 Billion €51.32 Billion ▲ +8.1 pp
2012 49.0% €18.57 Billion €9.46 Billion €51.34 Billion ▲ +2.5 pp
2011 46.6% €19.27 Billion €10.29 Billion €52.77 Billion ▼ -9.6 pp
2010 56.2% €18.90 Billion €8.28 Billion €51.51 Billion ▼ -3.1 pp
2009 59.3% €18.95 Billion €7.72 Billion €51.04 Billion ▲ +6.4 pp
2008 52.8% €16.34 Billion €7.71 Billion €52.51 Billion ▲ +39.4 pp
2007 13.5% €16.82 Billion €14.55 Billion €51.38 Billion ▲ +36.5 pp
2006 -23.0% €12.85 Billion €15.81 Billion €55.89 Billion ▼ -52.5 pp
2005 29.5% €10.90 Billion €7.68 Billion €36.69 Billion ▼ -21.8 pp
2004 51.4% €12.37 Billion €6.01 Billion €37.78 Billion ▲ +4.2 pp
2003 47.2% €12.31 Billion €6.50 Billion €37.38 Billion ▲ +4.7 pp
2002 42.5% €15.47 Billion €8.89 Billion €41.73 Billion ▼ -28.0 pp
2001 70.5% €17.05 Billion €5.02 Billion €37.10 Billion ▼ -5.9 pp
2000 76.4% €16.42 Billion €3.88 Billion €36.55 Billion ▲ +21.9 pp
1999 54.5% €15.18 Billion €6.91 Billion €31.28 Billion ▲ +11.1 pp
1998 43.4% €12.78 Billion €7.23 Billion €29.38 Billion
pp = percentage points