Delivery Hero SE (DHER) — Tangible Net Worth Ratio
Delivery Hero SE (DHER) has a Tangible Net Worth Ratio of 58.4% as of December 2025. This metric is calculated by deducting intangible assets (€745.70 Million) from net assets (€1.79 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 working capital position of Delivery Hero SE to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Delivery Hero SE Tangible Net Worth Ratio (2012–2025)
This chart shows how Delivery Hero SE's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 58.4%, reflecting net assets of €1.79 Billion with intangible assets of €745.70 Million EUR. See Delivery Hero SE liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Delivery Hero SE (2012–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Delivery Hero SE from 2012 to 2025, covering 14 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 DHER company net worth.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 58.4% | €1.79 Billion | €745.70 Million | €10.54 Billion | ▼ -9.8 pp |
| 2024 | 68.2% | €2.71 Billion | €862.70 Million | €12.75 Billion | ▲ +27.0 pp |
| 2023 | 41.2% | €1.65 Billion | €970.20 Million | €10.49 Billion | ▼ -25.7 pp |
| 2022 | 66.9% | €3.79 Billion | €1.26 Billion | €12.86 Billion | ▼ -13.1 pp |
| 2021 | 80.0% | €5.49 Billion | €1.10 Billion | €12.70 Billion | ▲ +3.1 pp |
| 2020 | 76.8% | €1.17 Billion | €270.90 Million | €5.77 Billion | ▼ -8.2 pp |
| 2019 | 85.0% | €1.87 Billion | €280.10 Million | €2.67 Billion | ▲ +4.1 pp |
| 2018 | 81.0% | €1.62 Billion | €307.60 Million | €2.00 Billion | ▲ +10.5 pp |
| 2017 | 70.4% | €1.72 Billion | €509.10 Million | €2.05 Billion | ▲ +38.0 pp |
| 2016 | 32.4% | €892.21 Million | €602.78 Million | €1.63 Billion | ▲ +16.3 pp |
| 2015 | 16.1% | €765.49 Million | €642.13 Million | €1.39 Billion | ▼ -0.7 pp |
| 2014 | 16.8% | €268.84 Million | €223.68 Million | €517.78 Million | ▼ -70.2 pp |
| 2013 | 87.0% | €39.05 Million | €5.06 Million | €111.99 Million | ▲ +8.7 pp |
| 2012 | 78.3% | €32.63 Million | €7.08 Million | €105.42 Million | — |