BRAXIA SCIENTIFIC CORP. (4960) — Tangible Net Worth Ratio
BRAXIA SCIENTIFIC CORP. (4960) has a Tangible Net Worth Ratio of 45.9% as of March 2023. This metric is calculated by deducting intangible assets (€868.06K) from net assets (€1.60 Million) 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 BRAXIA SCIENTIFIC CORP. annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
BRAXIA SCIENTIFIC CORP. Tangible Net Worth Ratio (2021–2023)
This chart shows how BRAXIA SCIENTIFIC CORP.'s Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of March 2023, the ratio stands at 45.9%, reflecting net assets of €1.60 Million with intangible assets of €868.06K EUR. For live market cap and overall valuation, see BRAXIA SCIENTIFIC CORP. market cap and net worth.
Annual Tangible Net Worth Ratio for BRAXIA SCIENTIFIC CORP. (2021–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for BRAXIA SCIENTIFIC CORP. 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. See BRAXIA SCIENTIFIC CORP. financial flexibility index 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) |
|---|---|---|---|---|---|
| 2023 | 45.9% | €1.60 Million | €868.06K | €3.88 Million | ▼ -41.2 pp |
| 2022 | 87.1% | €8.96 Million | €1.16 Million | €11.63 Million | ▼ -5.6 pp |
| 2021 | 92.7% | €15.89 Million | €1.16 Million | €18.49 Million | — |