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. See 4960 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
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. See 4960 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see 4960 stock market capitalisation.
| 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 | — |