RENFORTH RESS. INC. NEW Tangible Net Worth Ratio
RENFORTH RESS. INC. NEW 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 net asset quality index of RENFORTH RESS. INC. NEW to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of RENFORTH RESS. INC. NEW (2021–2023)
Tangible net worth ratio of RENFORTH RESS. INC. NEW from 2021 to 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. See working capital position of RENFORTH RESS. INC. NEW to evaluate short-term liquidity relative to the company's equity base.
RENFORTH RESS. INC. NEW Tangible Net Worth Ratio by Year (2021–2023)
RENFORTH RESS. INC. NEW tangible net worth ratio by year from 2021 to 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 live market cap and overall valuation, see market cap of RENFORTH RESS. INC. NEW.
| 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 | — |