Noratis AG (NUVA) — Tangible Net Worth Ratio
Noratis AG (NUVA) has a Tangible Net Worth Ratio of 100.0% as of June 2025. This metric is calculated by deducting intangible assets (€1.00K) from net assets (€54.47 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. See NUVA working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Noratis AG Tangible Net Worth Ratio (2014–2024)
This chart shows how Noratis AG's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of June 2025, the ratio stands at 100.0%, reflecting net assets of €54.47 Million with intangible assets of €1.00K EUR. See how many days can Noratis AG fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Noratis AG (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Noratis AG from 2014 to 2024, covering 11 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 how much is Noratis AG worth.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | €59.80 Million | €1.00K | €415.72 Million | ▲ +0.0 pp |
| 2023 | 100.0% | €85.68 Million | €12.00K | €471.98 Million | ▲ +0.0 pp |
| 2022 | 100.0% | €86.86 Million | €23.00K | €495.41 Million | ▲ +0.0 pp |
| 2021 | 100.0% | €81.30 Million | €29.00K | €447.18 Million | ▲ +0.0 pp |
| 2020 | 100.0% | €74.26 Million | €28.00K | €367.56 Million | ▲ +0.0 pp |
| 2019 | 99.9% | €52.60 Million | €34.00K | €260.70 Million | ▲ +0.0 pp |
| 2018 | 99.9% | €49.46 Million | €50.89K | €214.07 Million | ▲ +0.1 pp |
| 2017 | 99.8% | €29.27 Million | €68.15K | €127.84 Million | ▼ -0.2 pp |
| 2016 | 100.0% | €6.64 Million | €2.69K | €87.48 Million | ▲ +0.1 pp |
| 2015 | 99.9% | €3.77 Million | €4.66K | €92.71 Million | ▲ +0.2 pp |
| 2014 | 99.7% | €1.40 Million | €4.81K | €48.91 Million | — |