RENFORTH RESS. INC. NEW (9RR) — Tangible Net Worth Ratio
RENFORTH RESS. INC. NEW (9RR) has a Tangible Net Worth Ratio of 100.0% as of December 2023. This metric is calculated by deducting intangible assets (€0.00) from net assets (€77.44K) 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 RENFORTH RESS. INC. NEW shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
RENFORTH RESS. INC. NEW Tangible Net Worth Ratio (2021–2023)
This chart shows how RENFORTH RESS. INC. NEW's Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of December 2023, the ratio stands at 100.0%, reflecting net assets of €77.44K with intangible assets of €0.00 EUR. Also explore net asset momentum of RENFORTH RESS. INC. NEW to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for RENFORTH RESS. INC. NEW (2021–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for RENFORTH RESS. INC. NEW 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 9RR stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | €77.44K | €0.00 | €660.20K | ▲ +0.0 pp |
| 2022 | 100.0% | €1.91 Million | €0.00 | €2.67 Million | ▲ +0.0 pp |
| 2021 | 100.0% | €3.90 Million | €0.00 | €4.65 Million | — |