ROUTE1 INC. (3R6N) — Tangible Net Worth Ratio
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 3R6N 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
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. See ROUTE1 INC. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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 3R6N company 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 | — |