Deutsche Börse AG (DB1) — Tangible Net Worth Ratio

Latest as of September 2025: -14.1%

Deutsche Börse AG (DB1) has a Tangible Net Worth Ratio of -14.1% as of September 2025. This metric is calculated by deducting intangible assets (€12.29 Billion) from net assets (€10.77 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 Deutsche Börse AG (DB1) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-14.1%
Tangible equity / total equity

Net Assets (Equity)

€10.77 Billion
EUR

Intangible Assets

€12.29 Billion
Goodwill, patents, brand value

Total Assets

€343.07 Billion
EUR

Deutsche Börse AG Tangible Net Worth Ratio (1999–2025)

This chart shows how Deutsche Börse AG's Tangible Net Worth Ratio has changed across 27 annual periods from 1999 to 2025. As of September 2025, the ratio stands at -14.1%, reflecting net assets of €10.77 Billion with intangible assets of €12.29 Billion EUR. See Deutsche Börse AG defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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

The table below presents the year-by-year Tangible Net Worth Ratio for Deutsche Börse 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 market cap of Deutsche Börse AG.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 7.8% €13.35 Billion €12.31 Billion €297.18 Billion ▼ -55.1 pp
2024 62.9% €11.54 Billion €4.29 Billion €222.40 Billion ▲ +5.1 pp
2023 57.8% €10.10 Billion €4.27 Billion €237.73 Billion ▼ -12.5 pp
2022 70.2% €9.06 Billion €2.70 Billion €269.11 Billion ▲ +3.4 pp
2021 66.8% €7.74 Billion €2.57 Billion €222.92 Billion ▼ -6.2 pp
2020 73.1% €6.56 Billion €1.77 Billion €152.77 Billion ▼ -1.8 pp
2019 74.8% €6.11 Billion €1.54 Billion €137.17 Billion ▲ +1.5 pp
2018 73.3% €4.96 Billion €1.33 Billion €161.90 Billion ▼ -0.1 pp
2017 73.4% €4.96 Billion €1.32 Billion €135.14 Billion ▲ +0.5 pp
2016 72.9% €4.62 Billion €1.25 Billion €163.84 Billion ▲ +19.8 pp
2015 53.1% €3.70 Billion €1.73 Billion €180.08 Billion ▼ -12.2 pp
2014 65.3% €3.75 Billion €1.30 Billion €215.91 Billion ▼ -0.5 pp
2013 65.8% €3.27 Billion €1.12 Billion €189.31 Billion ▲ +0.6 pp
2012 65.3% €3.17 Billion €1.10 Billion €216.53 Billion ▼ -1.0 pp
2011 66.3% €3.17 Billion €1.07 Billion €218.01 Billion ▼ -1.0 pp
2010 67.3% €2.95 Billion €965.10 Million €148.85 Billion ▲ +16.8 pp
2009 50.5% €2.87 Billion €1.42 Billion €161.36 Billion ▼ -0.7 pp
2008 51.2% €2.98 Billion €1.45 Billion €145.88 Billion ▲ +5.3 pp
2007 45.9% €2.69 Billion €1.45 Billion €79.66 Billion ▼ -54.1 pp
2006 100.0% €2.26 Billion €0.00 €65.03 Billion ▲ +0.0 pp
2005 100.0% €2.19 Billion €0.00 €38.48 Billion ▲ +0.0 pp
2004 100.0% €2.55 Billion €0.00 €27.70 Billion ▲ +15.4 pp
2003 84.6% €2.35 Billion €362.70 Million €8.29 Billion ▲ +5.2 pp
2002 79.4% €2.18 Billion €447.80 Million €6.54 Billion ▼ -7.3 pp
2001 86.7% €1.57 Billion €208.50 Million €2.14 Billion ▼ -8.5 pp
2000 95.3% €424.04 Million €20.07 Million €922.67 Million ▼ -4.7 pp
1999 100.0% €196.37 Million €0.00 €3.79 Billion
pp = percentage points