TUGA INNOVATIONS INC. (DQ5) — Tangible Net Worth Ratio
TUGA INNOVATIONS INC. (DQ5) has a Tangible Net Worth Ratio of 98.6% as of July 2022. This metric is calculated by deducting intangible assets (€11.72K) from net assets (€863.32K) 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 TUGA INNOVATIONS INC. book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
TUGA INNOVATIONS INC. Tangible Net Worth Ratio (2021–2022)
This chart shows how TUGA INNOVATIONS INC.'s Tangible Net Worth Ratio has changed across 2 annual periods from 2021 to 2022. As of July 2022, the ratio stands at 98.6%, reflecting net assets of €863.32K with intangible assets of €11.72K EUR. Also explore DQ5 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for TUGA INNOVATIONS INC. (2021–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for TUGA INNOVATIONS INC. from 2021 to 2022, covering 2 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 market cap of TUGA INNOVATIONS INC..
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 98.6% | €863.32K | €11.72K | €1.00 Million | ▲ +1.7 pp |
| 2021 | 97.0% | €376.41K | €11.39K | €490.41K | — |