AYURCANN HOLDINGS CORP. (3ZQ0) — Tangible Net Worth Ratio
AYURCANN HOLDINGS CORP. (3ZQ0) has a Tangible Net Worth Ratio of -788.8% as of December 2024. This metric is calculated by deducting intangible assets (€1.48 Million) from net assets (€166.40K) 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. For live market cap and overall valuation, see market value of AYURCANN HOLDINGS CORP..
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
AYURCANN HOLDINGS CORP. Tangible Net Worth Ratio (2022–2024)
This chart shows how AYURCANN HOLDINGS CORP.'s Tangible Net Worth Ratio has changed across 3 annual periods from 2022 to 2024. As of December 2024, the ratio stands at -788.8%, reflecting net assets of €166.40K with intangible assets of €1.48 Million EUR. Also explore AYURCANN HOLDINGS CORP. (3ZQ0) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for AYURCANN HOLDINGS CORP. (2022–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for AYURCANN HOLDINGS CORP. from 2022 to 2024, 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. See financial agility of AYURCANN HOLDINGS CORP. to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -227.9% | €534.88K | €1.75 Million | €14.85 Million | ▼ -242.4 pp |
| 2023 | 14.4% | €2.69 Million | €2.30 Million | €12.73 Million | ▼ -85.6 pp |
| 2022 | 100.0% | €4.89 Million | €0.00 | €7.28 Million | — |