Ernst Russ AG (HXCK) — Tangible Net Worth Ratio
Ernst Russ AG (HXCK) has a Tangible Net Worth Ratio of 99.9% as of September 2025. This metric is calculated by deducting intangible assets (€347.00K) from net assets (€300.24 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 Ernst Russ AG (HXCK) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ernst Russ AG Tangible Net Worth Ratio (2004–2024)
This chart shows how Ernst Russ AG's Tangible Net Worth Ratio has changed across 21 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 99.9%, reflecting net assets of €300.24 Million with intangible assets of €347.00K EUR. For live market cap and overall valuation, see how much is Ernst Russ AG worth.
Annual Tangible Net Worth Ratio for Ernst Russ AG (2004–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Ernst Russ AG from 2004 to 2024, covering 21 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 reinvestment intensity of Ernst Russ AG 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) |
|---|---|---|---|---|---|
| 2024 | 99.9% | €266.37 Million | €341.00K | €355.01 Million | ▲ +0.1 pp |
| 2023 | 99.8% | €260.09 Million | €513.00K | €340.27 Million | ▲ +0.1 pp |
| 2022 | 99.7% | €207.50 Million | €659.00K | €283.28 Million | ▲ +0.3 pp |
| 2021 | 99.4% | €142.82 Million | €844.00K | €263.70 Million | ▲ +0.3 pp |
| 2020 | 99.1% | €80.14 Million | €704.00K | €163.37 Million | ▲ +4.1 pp |
| 2019 | 95.0% | €68.75 Million | €3.43 Million | €148.71 Million | ▲ +10.7 pp |
| 2018 | 84.3% | €51.09 Million | €8.01 Million | €103.41 Million | ▲ +15.7 pp |
| 2017 | 68.6% | €44.86 Million | €14.09 Million | €118.10 Million | ▲ +15.7 pp |
| 2016 | 52.9% | €38.59 Million | €18.16 Million | €103.48 Million | ▼ -45.8 pp |
| 2015 | 98.7% | €21.31 Million | €277.00K | €60.36 Million | ▲ +0.4 pp |
| 2014 | 98.3% | €20.29 Million | €353.00K | €58.16 Million | ▲ +0.2 pp |
| 2013 | 98.1% | €20.10 Million | €387.00K | €62.88 Million | ▲ +0.4 pp |
| 2012 | 97.6% | €19.76 Million | €468.00K | €65.67 Million | ▲ +2.8 pp |
| 2011 | 94.9% | €27.37 Million | €1.41 Million | €83.47 Million | ▼ -2.2 pp |
| 2010 | 97.0% | €46.14 Million | €1.38 Million | €106.21 Million | ▲ +2.6 pp |
| 2009 | 94.4% | €33.08 Million | €1.85 Million | €112.45 Million | ▼ -2.1 pp |
| 2008 | 96.6% | €87.65 Million | €3.02 Million | €174.52 Million | ▲ +1.2 pp |
| 2007 | 95.3% | €118.03 Million | €5.54 Million | €239.88 Million | ▼ -4.7 pp |
| 2006 | 100.0% | €123.35 Million | €0.00 | €227.09 Million | ▲ +0.0 pp |
| 2005 | 100.0% | €117.55 Million | €0.00 | €199.24 Million | ▲ +184.9 pp |
| 2004 | -84.9% | €25.84 Million | €47.77 Million | €100.31 Million | — |