Münchener Rück AG Tangible Net Worth Ratio
Münchener Rück AG tangible net worth ratio. Münchener Rück AG (MUV2) has a Tangible Net Worth Ratio of 96.3% as of September 2025. This metric is calculated by deducting intangible assets (€1.21 Billion) from net assets (€32.41 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. Check Münchener Rück AG strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Münchener Rück AG (2003–2024)
Tangible net worth ratio of Münchener Rück AG from 2003 to 2024. This chart shows how Münchener Rück AG's Tangible Net Worth Ratio has changed across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 96.3%, reflecting net assets of €32.41 Billion with intangible assets of €1.21 Billion EUR. See Münchener Rück AG working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Münchener Rück AG Tangible Net Worth Ratio by Year (2003–2024)
Münchener Rück AG tangible net worth ratio by year from 2003 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Münchener Rück AG from 2003 to 2024, covering 22 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 live market cap and overall valuation, see Münchener Rück AG stock valuation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.3% | €32.74 Billion | €893.00 Million | €286.51 Billion | ▲ +0.7 pp |
| 2023 | 96.5% | €29.77 Billion | €1.03 Billion | €273.79 Billion | ▲ +2.7 pp |
| 2022 | 93.9% | €21.20 Billion | €1.30 Billion | €298.57 Billion | ▼ -2.0 pp |
| 2021 | 95.8% | €30.95 Billion | €1.29 Billion | €312.40 Billion | ▼ -0.1 pp |
| 2020 | 95.9% | €29.99 Billion | €1.22 Billion | €297.95 Billion | ▼ 0.0 pp |
| 2019 | 95.9% | €30.58 Billion | €1.24 Billion | €287.55 Billion | ▲ +0.3 pp |
| 2018 | 95.6% | €26.50 Billion | €1.16 Billion | €270.17 Billion | ▼ -0.5 pp |
| 2017 | 96.1% | €28.20 Billion | €1.11 Billion | €265.72 Billion | ▲ +0.2 pp |
| 2016 | 95.9% | €31.78 Billion | €1.30 Billion | €267.81 Billion | ▼ -0.3 pp |
| 2015 | 96.2% | €30.96 Billion | €1.17 Billion | €276.52 Billion | ▲ +0.2 pp |
| 2014 | 96.0% | €30.30 Billion | €1.22 Billion | €272.98 Billion | ▲ +1.2 pp |
| 2013 | 94.7% | €26.23 Billion | €1.38 Billion | €254.29 Billion | ▲ +0.3 pp |
| 2012 | 94.5% | €27.42 Billion | €1.52 Billion | €258.36 Billion | ▲ +1.2 pp |
| 2011 | 93.2% | €23.31 Billion | €1.58 Billion | €247.58 Billion | ▲ +0.3 pp |
| 2010 | 92.9% | €23.03 Billion | €1.63 Billion | €236.36 Billion | ▲ +0.6 pp |
| 2009 | 92.3% | €22.28 Billion | €1.72 Billion | €223.41 Billion | ▲ +0.7 pp |
| 2008 | 91.6% | €21.26 Billion | €1.79 Billion | €215.42 Billion | ▼ -3.9 pp |
| 2007 | 95.5% | €25.46 Billion | €1.14 Billion | €214.25 Billion | ▼ -0.5 pp |
| 2006 | 96.0% | €26.43 Billion | €1.05 Billion | €215.87 Billion | ▲ +0.2 pp |
| 2005 | 95.8% | €24.65 Billion | €1.04 Billion | €218.18 Billion | ▲ +2.0 pp |
| 2004 | 93.8% | €20.20 Billion | €1.24 Billion | €214.25 Billion | ▲ +0.8 pp |
| 2003 | 93.1% | €19.77 Billion | €1.37 Billion | €208.90 Billion | — |