MTU Aero Engines AG (MTX) — Tangible Net Worth Ratio
MTU Aero Engines AG (MTX) has a Tangible Net Worth Ratio of 63.4% as of June 2025. This metric is calculated by deducting intangible assets (€1.43 Billion) from net assets (€3.91 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 MTU Aero Engines AG's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
MTU Aero Engines AG Tangible Net Worth Ratio (2004–2024)
This chart shows how MTU Aero Engines AG's Tangible Net Worth Ratio has changed across 21 annual periods from 2004 to 2024. As of June 2025, the ratio stands at 63.4%, reflecting net assets of €3.91 Billion with intangible assets of €1.43 Billion EUR. See defensive interval ratio of MTU Aero Engines AG to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for MTU Aero Engines AG (2004–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for MTU Aero Engines 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. For the full company profile including market capitalisation, see market cap of MTU Aero Engines AG.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 72.9% | €3.42 Billion | €927.00 Million | €12.48 Billion | ▲ +0.7 pp |
| 2023 | 72.2% | €2.93 Billion | €814.00 Million | €10.20 Billion | ▼ -3.1 pp |
| 2022 | 75.4% | €3.11 Billion | €765.00 Million | €9.23 Billion | ▲ +2.3 pp |
| 2021 | 73.1% | €2.76 Billion | €742.00 Million | €8.30 Billion | ▲ +1.4 pp |
| 2020 | 71.8% | €2.63 Billion | €744.00 Million | €8.10 Billion | ▲ +3.6 pp |
| 2019 | 68.2% | €2.42 Billion | €770.60 Million | €7.77 Billion | ▼ -0.1 pp |
| 2018 | 68.2% | €2.14 Billion | €680.90 Million | €6.85 Billion | ▲ +63.7 pp |
| 2017 | 4.6% | €1.99 Billion | €1.90 Billion | €6.05 Billion | ▲ +27.3 pp |
| 2016 | -22.8% | €1.50 Billion | €1.84 Billion | €5.84 Billion | ▲ +17.3 pp |
| 2015 | -40.1% | €1.30 Billion | €1.82 Billion | €5.19 Billion | ▲ +3.8 pp |
| 2014 | -43.8% | €1.19 Billion | €1.71 Billion | €4.81 Billion | ▼ -26.1 pp |
| 2013 | -17.8% | €1.22 Billion | €1.44 Billion | €4.46 Billion | ▲ +7.8 pp |
| 2012 | -25.6% | €1.09 Billion | €1.37 Billion | €4.26 Billion | ▲ +14.2 pp |
| 2011 | -39.8% | €906.10 Million | €1.27 Billion | €3.74 Billion | ▲ +9.8 pp |
| 2010 | -49.6% | €819.30 Million | €1.23 Billion | €3.43 Billion | ▼ -34.0 pp |
| 2009 | -15.6% | €730.70 Million | €844.80 Million | €3.15 Billion | ▲ +90.9 pp |
| 2008 | -106.5% | €617.40 Million | €1.27 Billion | €3.20 Billion | ▼ -74.2 pp |
| 2007 | -32.3% | €562.00 Million | €743.50 Million | €3.09 Billion | ▲ +9.4 pp |
| 2006 | -41.7% | €562.30 Million | €797.00 Million | €3.11 Billion | ▼ -48.0 pp |
| 2005 | 6.3% | €528.30 Million | €495.00 Million | €2.55 Billion | ▲ +162.0 pp |
| 2004 | -155.7% | €217.00 Million | €554.80 Million | €2.72 Billion | — |