ROUTE1 INC. (3R6N) — Tangible Net Worth Ratio

Latest as of December 2023: -215.4%

ROUTE1 INC. (3R6N) has a Tangible Net Worth Ratio of -215.4% as of December 2023. This metric is calculated by deducting intangible assets (€1.84 Million) from net assets (€584.35K) 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 ROUTE1 INC. net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

-215.4%
Tangible equity / total equity

Net Assets (Equity)

€584.35K
EUR

Intangible Assets

€1.84 Million
Goodwill, patents, brand value

Total Assets

€9.54 Million
EUR

ROUTE1 INC. Tangible Net Worth Ratio (2021–2023)

This chart shows how ROUTE1 INC.'s Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of December 2023, the ratio stands at -215.4%, reflecting net assets of €584.35K with intangible assets of €1.84 Million EUR. Also explore ROUTE1 INC. equity growth rate to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for ROUTE1 INC. (2021–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for ROUTE1 INC. from 2021 to 2023, covering 3 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 ROUTE1 INC. market cap and net worth.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2023 -215.4% €584.35K €1.84 Million €9.54 Million ▼ -208.3 pp
2022 -7.1% €1.77 Million €1.89 Million €12.36 Million ▼ -26.0 pp
2021 18.9% €2.73 Million €2.21 Million €15.10 Million
pp = percentage points