Volkswagen AG VZO O.N. (VOW3) — Tangible Net Worth Ratio
Volkswagen AG VZO O.N. (VOW3) has a Tangible Net Worth Ratio of 50.7% as of September 2025. This metric is calculated by deducting intangible assets (€90.44 Billion) from net assets (€183.50 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 VOW3 working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Volkswagen AG VZO O.N. Tangible Net Worth Ratio (2000–2024)
This chart shows how Volkswagen AG VZO O.N.'s Tangible Net Worth Ratio has changed across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 50.7%, reflecting net assets of €183.50 Billion with intangible assets of €90.44 Billion EUR. See how many days can Volkswagen AG VZO O.N. fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Volkswagen AG VZO O.N. (2000–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Volkswagen AG VZO O.N. from 2000 to 2024, covering 25 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 VOW3 market cap overview.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 66.0% | €196.73 Billion | €66.96 Billion | €632.90 Billion | ▼ -1.0 pp |
| 2023 | 66.9% | €189.91 Billion | €62.82 Billion | €600.34 Billion | ▼ -1.1 pp |
| 2022 | 68.0% | €178.33 Billion | €57.04 Billion | €564.01 Billion | ▲ +3.3 pp |
| 2021 | 64.8% | €146.15 Billion | €51.52 Billion | €528.61 Billion | ▼ -0.6 pp |
| 2020 | 65.3% | €128.78 Billion | €44.65 Billion | €497.11 Billion | ▲ +0.1 pp |
| 2019 | 65.3% | €123.65 Billion | €42.97 Billion | €488.07 Billion | ▲ +0.4 pp |
| 2018 | 64.8% | €117.34 Billion | €41.30 Billion | €458.16 Billion | ▲ +1.5 pp |
| 2017 | 63.4% | €109.08 Billion | €39.98 Billion | €422.19 Billion | ▲ +5.4 pp |
| 2016 | 58.0% | €92.91 Billion | €39.04 Billion | €409.73 Billion | ▲ +0.5 pp |
| 2015 | 57.5% | €88.27 Billion | €37.50 Billion | €381.94 Billion | ▼ -2.2 pp |
| 2014 | 59.7% | €90.19 Billion | €36.36 Billion | €351.21 Billion | ▼ -0.9 pp |
| 2013 | 60.6% | €90.04 Billion | €35.51 Billion | €324.33 Billion | ▲ +3.5 pp |
| 2012 | 57.0% | €82.00 Billion | €35.22 Billion | €309.52 Billion | ▼ -14.9 pp |
| 2011 | 71.9% | €63.53 Billion | €17.84 Billion | €253.71 Billion | ▼ -1.2 pp |
| 2010 | 73.1% | €48.71 Billion | €13.10 Billion | €199.39 Billion | ▲ +7.6 pp |
| 2009 | 65.5% | €37.43 Billion | €12.91 Billion | €177.18 Billion | ▼ -1.6 pp |
| 2008 | 67.1% | €37.39 Billion | €12.29 Billion | €167.92 Billion | ▼ -11.5 pp |
| 2007 | 78.6% | €31.94 Billion | €6.83 Billion | €145.36 Billion | ▲ +5.3 pp |
| 2006 | 73.3% | €26.96 Billion | €7.19 Billion | €136.60 Billion | ▲ +5.7 pp |
| 2005 | 67.6% | €23.65 Billion | €7.67 Billion | €133.08 Billion | ▲ +0.6 pp |
| 2004 | 67.0% | €22.68 Billion | €7.49 Billion | €127.60 Billion | ▼ -3.1 pp |
| 2003 | 70.1% | €23.86 Billion | €7.14 Billion | €118.15 Billion | ▲ +1.4 pp |
| 2002 | 68.7% | €24.69 Billion | €7.74 Billion | €108.90 Billion | ▲ +135.1 pp |
| 2001 | -66.4% | €24.05 Billion | €40.02 Billion | €104.42 Billion | ▲ +3.4 pp |
| 2000 | -69.8% | €21.42 Billion | €36.37 Billion | €92.56 Billion | — |