Ceconomy AG (CEC) — Tangible Net Worth Ratio

Latest as of December 2025: 69.7%

Ceconomy AG (CEC) has a Tangible Net Worth Ratio of 69.7% as of December 2025. This metric is calculated by deducting intangible assets (€203.00 Million) from net assets (€670.00 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 Ceconomy AG (CEC) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

69.7%
Tangible equity / total equity

Net Assets (Equity)

€670.00 Million
EUR

Intangible Assets

€203.00 Million
Goodwill, patents, brand value

Total Assets

€12.90 Billion
EUR

Ceconomy AG Tangible Net Worth Ratio (1999–2025)

This chart shows how Ceconomy AG's Tangible Net Worth Ratio has changed across 27 annual periods from 1999 to 2025. As of December 2025, the ratio stands at 69.7%, reflecting net assets of €670.00 Million with intangible assets of €203.00 Million EUR. See Ceconomy AG (CEC) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Ceconomy AG (1999–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Ceconomy AG from 1999 to 2025, covering 27 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 Ceconomy AG market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 58.4% €485.00 Million €202.00 Million €10.79 Billion ▼ -5.7 pp
2024 64.1% €515.00 Million €185.00 Million €10.13 Billion ▼ -0.4 pp
2023 64.5% €465.00 Million €165.00 Million €9.63 Billion ▼ -9.8 pp
2022 74.3% €592.00 Million €152.00 Million €10.00 Billion ▼ -9.2 pp
2021 83.5% €757.00 Million €125.00 Million €10.67 Billion ▲ +2.1 pp
2020 81.4% €548.00 Million €102.00 Million €10.46 Billion ▼ -3.9 pp
2019 85.3% €784.00 Million €115.00 Million €8.10 Billion ▲ +4.1 pp
2018 81.2% €665.00 Million €125.00 Million €8.47 Billion ▼ -3.7 pp
2017 84.9% €667.00 Million €101.00 Million €8.28 Billion ▼ -5.8 pp
2016 90.7% €5.33 Billion €497.00 Million €24.95 Billion ▼ -0.3 pp
2015 91.0% €5.17 Billion €465.00 Million €27.66 Billion ▼ -1.4 pp
2014 92.4% €5.00 Billion €380.00 Million €28.00 Billion ▼ -0.1 pp
2013 92.5% €5.21 Billion €393.00 Million €28.81 Billion ▼ -0.9 pp
2012 93.3% €6.10 Billion €407.00 Million €34.77 Billion ▲ +0.4 pp
2011 92.9% €6.44 Billion €454.00 Million €33.99 Billion ▼ -0.3 pp
2010 93.3% €6.46 Billion €436.00 Million €35.07 Billion ▲ +1.5 pp
2009 91.7% €5.99 Billion €497.00 Million €33.67 Billion ▲ +0.8 pp
2008 90.9% €6.07 Billion €552.00 Million €33.83 Billion ▼ -1.2 pp
2007 92.1% €6.51 Billion €515.00 Million €33.87 Billion ▼ 0.0 pp
2006 92.1% €6.05 Billion €478.00 Million €32.15 Billion ▲ +0.2 pp
2005 91.9% €5.31 Billion €433.00 Million €28.77 Billion ▼ -0.2 pp
2004 92.0% €4.95 Billion €395.00 Million €28.09 Billion ▼ -0.5 pp
2003 92.5% €4.35 Billion €326.00 Million €26.58 Billion ▼ -3.1 pp
2002 95.6% €4.25 Billion €188.00 Million €22.92 Billion ▼ -0.7 pp
2001 96.3% €4.24 Billion €157.00 Million €22.32 Billion ▼ -0.7 pp
2000 97.0% €4.15 Billion €125.00 Million €22.33 Billion ▼ -0.6 pp
1999 97.6% €4.02 Billion €97.00 Million €22.40 Billion
pp = percentage points