Northern Data AG (NB2) — Tangible Net Worth Ratio
Northern Data AG (NB2) has a Tangible Net Worth Ratio of 97.2% as of December 2024. This metric is calculated by deducting intangible assets (€23.32 Million) from net assets (€839.83 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 Northern Data AG (NB2) 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
Northern Data AG Tangible Net Worth Ratio (2013–2025)
This chart shows how Northern Data AG's Tangible Net Worth Ratio has changed across 8 annual periods from 2013 to 2025. As of December 2024, the ratio stands at 97.2%, reflecting net assets of €839.83 Million with intangible assets of €23.32 Million EUR. For live market cap and overall valuation, see Northern Data AG stock valuation.
Annual Tangible Net Worth Ratio for Northern Data AG (2013–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Northern Data AG from 2013 to 2025, covering 8 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 NB2 capex to operating 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 | 97.8% | €442.21 Million | €9.53 Million | €1.26 Billion | ▲ +0.6 pp |
| 2024 | 97.2% | €839.83 Million | €23.32 Million | €1.66 Billion | ▼ -2.3 pp |
| 2023 | 99.5% | €734.38 Million | €3.77 Million | €1.04 Billion | ▼ 0.0 pp |
| 2022 | 99.5% | €359.41 Million | €1.77 Million | €450.59 Million | ▲ +10.2 pp |
| 2021 | 89.3% | €612.27 Million | €65.54 Million | €798.77 Million | ▲ +67.6 pp |
| 2020 | 21.7% | €176.52 Million | €138.16 Million | €527.52 Million | ▼ -76.3 pp |
| 2015 | 98.1% | €486.71K | €9.35K | €767.01K | ▼ -1.9 pp |
| 2013 | 100.0% | €46.99K | €0.00 | €47.02K | — |