Salzgitter AG (SZG) — Tangible Net Worth Ratio

Latest as of March 2026: 96.5%

Salzgitter AG (SZG) has a Tangible Net Worth Ratio of 96.5% as of March 2026. This metric is calculated by deducting intangible assets (€159.00 Million) from net assets (€4.57 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. Also explore Salzgitter AG net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

96.5%
Tangible equity / total equity

Net Assets (Equity)

€4.57 Billion
EUR

Intangible Assets

€159.00 Million
Goodwill, patents, brand value

Total Assets

€10.82 Billion
EUR

Salzgitter AG Tangible Net Worth Ratio (1999–2025)

This chart shows how Salzgitter AG's Tangible Net Worth Ratio has changed across 27 annual periods from 1999 to 2025. As of March 2026, the ratio stands at 96.5%, reflecting net assets of €4.57 Billion with intangible assets of €159.00 Million EUR. For live market cap and overall valuation, see market cap of Salzgitter AG.

Annual Tangible Net Worth Ratio for Salzgitter AG (1999–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Salzgitter AG from 1999 to 2025, covering 27 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 Salzgitter AG capex to 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 96.4% €4.43 Billion €160.20 Million €10.48 Billion ▲ +0.3 pp
2024 96.1% €4.45 Billion €174.40 Million €10.47 Billion ▲ +0.4 pp
2023 95.7% €4.83 Billion €207.30 Million €10.50 Billion ▼ -0.1 pp
2022 95.8% €4.85 Billion €205.50 Million €11.10 Billion ▲ +2.2 pp
2021 93.6% €3.36 Billion €216.50 Million €10.25 Billion ▲ +1.9 pp
2020 91.7% €2.68 Billion €223.10 Million €8.24 Billion ▼ -1.1 pp
2019 92.8% €2.94 Billion €211.60 Million €8.62 Billion ▼ -0.6 pp
2018 93.4% €3.33 Billion €219.40 Million €8.76 Billion ▲ +0.7 pp
2017 92.7% €2.99 Billion €218.50 Million €8.32 Billion ▲ +0.5 pp
2016 92.2% €2.85 Billion €223.30 Million €8.45 Billion ▼ -2.4 pp
2015 94.6% €2.89 Billion €156.60 Million €8.28 Billion ▼ -1.7 pp
2014 96.3% €2.88 Billion €106.30 Million €8.49 Billion ▼ -0.1 pp
2013 96.4% €3.19 Billion €113.20 Million €8.06 Billion ▼ -0.5 pp
2012 96.9% €3.64 Billion €112.30 Million €8.93 Billion ▼ -0.1 pp
2011 97.0% €4.00 Billion €120.80 Million €8.80 Billion ▲ +0.1 pp
2010 96.8% €3.85 Billion €121.80 Million €8.69 Billion ▲ +0.0 pp
2009 96.8% €3.90 Billion €123.80 Million €8.05 Billion ▲ +1.1 pp
2008 95.8% €4.35 Billion €184.00 Million €8.70 Billion ▼ -1.4 pp
2007 97.2% €4.20 Billion €119.50 Million €8.41 Billion ▲ +33.6 pp
2006 63.5% €3.45 Billion €1.26 Billion €6.98 Billion ▲ +18.9 pp
2005 44.7% €2.00 Billion €1.11 Billion €5.41 Billion ▼ -55.3 pp
2004 100.0% €1.11 Billion €0.00 €4.24 Billion ▲ +2.0 pp
2003 98.0% €996.41 Million €19.95 Million €3.67 Billion ▲ +0.2 pp
2002 97.8% €1.05 Billion €23.24 Million €3.81 Billion ▼ -0.7 pp
2001 98.5% €1.11 Billion €17.04 Million €3.81 Billion ▲ +0.5 pp
2000 98.0% €919.17 Million €18.75 Million €3.40 Billion ▼ -0.2 pp
1999 98.2% €903.15 Million €16.48 Million €2.21 Billion
pp = percentage points