Henkel AG & Co. KGaA vz. (Pref Shares) (HEN3) — Tangible Net Worth Ratio

Latest as of June 2025: 82.9%

Henkel AG & Co. KGaA vz. (Pref Shares) (HEN3) has a Tangible Net Worth Ratio of 82.9% as of June 2025. This metric is calculated by deducting intangible assets (€3.44 Billion) from net assets (€20.12 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 Henkel AG & Co. KGaA vz. (Pref Shares)'s working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

82.9%
Tangible equity / total equity

Net Assets (Equity)

€20.12 Billion
EUR

Intangible Assets

€3.44 Billion
Goodwill, patents, brand value

Total Assets

€32.79 Billion
EUR

Henkel AG & Co. KGaA vz. (Pref Shares) Tangible Net Worth Ratio (1997–2024)

This chart shows how Henkel AG & Co. KGaA vz. (Pref Shares)'s Tangible Net Worth Ratio has changed across 28 annual periods from 1997 to 2024. As of June 2025, the ratio stands at 82.9%, reflecting net assets of €20.12 Billion with intangible assets of €3.44 Billion EUR. See defensive interval ratio of Henkel AG & Co. KGaA vz. (Pref Shares) to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Henkel AG & Co. KGaA vz. (Pref Shares) (1997–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Henkel AG & Co. KGaA vz. (Pref Shares) from 1997 to 2024, 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 Henkel AG & Co. KGaA vz. (Pref Shares) (HEN3) total market value.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2024 82.6% €21.82 Billion €3.79 Billion €35.27 Billion ▼ -0.3 pp
2023 82.9% €20.00 Billion €3.42 Billion €31.73 Billion ▲ +67.8 pp
2022 15.1% €20.16 Billion €17.12 Billion €33.18 Billion ▼ -67.3 pp
2021 82.4% €19.79 Billion €3.49 Billion €32.67 Billion ▲ +2.6 pp
2020 79.8% €17.87 Billion €3.62 Billion €30.24 Billion ▲ +2.8 pp
2019 77.0% €18.61 Billion €4.28 Billion €31.94 Billion ▲ +1.9 pp
2018 75.1% €17.00 Billion €4.23 Billion €29.90 Billion ▼ -0.2 pp
2017 75.3% €15.65 Billion €3.86 Billion €28.74 Billion ▲ +1.1 pp
2016 74.2% €15.19 Billion €3.92 Billion €28.50 Billion ▲ +58.8 pp
2015 15.4% €13.81 Billion €11.68 Billion €22.75 Billion ▼ -63.0 pp
2014 78.4% €11.64 Billion €2.52 Billion €20.96 Billion ▼ -3.5 pp
2013 81.9% €10.16 Billion €1.84 Billion €19.34 Billion ▲ +2.8 pp
2012 79.1% €9.51 Billion €1.98 Billion €19.52 Billion ▲ +79.2 pp
2011 -0.1% €8.76 Billion €8.77 Billion €18.58 Billion ▲ +8.6 pp
2010 -8.7% €7.95 Billion €8.64 Billion €17.52 Billion ▲ +16.9 pp
2009 -25.6% €6.54 Billion €8.22 Billion €15.82 Billion ▲ +2.8 pp
2008 -28.4% €6.54 Billion €8.39 Billion €16.07 Billion ▼ -101.3 pp
2007 72.9% €5.71 Billion €1.55 Billion €13.05 Billion ▲ +12.0 pp
2006 60.9% €5.55 Billion €2.17 Billion €13.35 Billion ▲ +7.9 pp
2005 53.0% €5.40 Billion €2.54 Billion €13.94 Billion ▼ -4.1 pp
2004 57.1% €4.60 Billion €1.98 Billion €13.14 Billion ▼ -16.7 pp
2003 73.8% €3.39 Billion €887.00 Million €9.36 Billion ▲ +0.2 pp
2002 73.6% €3.36 Billion €887.00 Million €8.51 Billion ▲ +0.1 pp
2001 73.5% €3.60 Billion €954.00 Million €9.37 Billion ▲ +2.2 pp
2000 71.4% €3.50 Billion €1.00 Billion €11.38 Billion ▼ -23.3 pp
1999 94.7% €3.24 Billion €171.00 Million €9.86 Billion ▲ +1.2 pp
1998 93.5% €2.83 Billion €184.14 Million €9.13 Billion ▼ -0.4 pp
1997 93.9% €2.81 Billion €170.39 Million €8.81 Billion
pp = percentage points