flatexDEGIRO AG (FTK) — Tangible Net Worth Ratio

Latest as of December 2025: 71.5%

flatexDEGIRO AG (FTK) has a Tangible Net Worth Ratio of 71.5% as of December 2025. This metric is calculated by deducting intangible assets (€254.60 Million) from net assets (€893.80 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. Also explore FTK net assets growth trend to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

71.5%
Tangible equity / total equity

Net Assets (Equity)

€893.80 Million
EUR

Intangible Assets

€254.60 Million
Goodwill, patents, brand value

Total Assets

€7.44 Billion
EUR

flatexDEGIRO AG Tangible Net Worth Ratio (2006–2025)

This chart shows how flatexDEGIRO AG's Tangible Net Worth Ratio has changed across 20 annual periods from 2006 to 2025. As of December 2025, the ratio stands at 71.5%, reflecting net assets of €893.80 Million with intangible assets of €254.60 Million EUR. For live market cap and overall valuation, see FTK market cap.

Annual Tangible Net Worth Ratio for flatexDEGIRO AG (2006–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for flatexDEGIRO AG from 2006 to 2025, covering 20 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. Explore flatexDEGIRO AG capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 71.5% €893.80 Million €254.60 Million €7.44 Billion ▲ +3.9 pp
2024 67.6% €754.65 Million €244.33 Million €5.40 Billion ▲ +2.7 pp
2023 64.9% €673.62 Million €236.11 Million €4.54 Billion ▲ +31.0 pp
2022 33.9% €608.27 Million €402.05 Million €4.10 Billion ▲ +11.3 pp
2021 22.6% €499.38 Million €386.56 Million €3.69 Billion ▲ +9.9 pp
2020 12.7% €445.83 Million €389.43 Million €2.82 Billion ▼ -36.5 pp
2019 49.1% €182.20 Million €92.72 Million €1.27 Billion ▼ -44.3 pp
2018 93.4% €163.66 Million €10.85 Million €1.22 Billion ▲ +0.4 pp
2017 93.0% €112.72 Million €7.87 Million €1.11 Billion ▲ +2.0 pp
2016 91.0% €90.63 Million €8.18 Million €1.53 Billion ▲ +20.6 pp
2015 70.3% €85.86 Million €25.48 Million €1.21 Billion ▼ -25.0 pp
2014 95.3% €46.13 Million €2.16 Million €95.28 Million ▲ +1.0 pp
2013 94.4% €30.50 Million €1.72 Million €50.89 Million ▲ +15.0 pp
2012 79.3% €14.45 Million €2.98 Million €16.84 Million ▼ -14.4 pp
2011 93.7% €20.56 Million €1.29 Million €25.73 Million ▲ +6.5 pp
2010 87.2% €15.86 Million €2.02 Million €18.46 Million ▼ -1.4 pp
2009 88.6% €12.69 Million €1.45 Million €14.09 Million ▲ +1.0 pp
2008 87.6% €7.99 Million €987.80K €8.77 Million ▲ +55.7 pp
2007 31.9% €6.38 Million €4.34 Million €7.16 Million ▲ +11.9 pp
2006 20.0% €1.61 Million €1.29 Million €2.10 Million
pp = percentage points