TUGA INNOVATIONS INC. Tangible Net Worth Ratio
TUGA INNOVATIONS INC. 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. (DQ5) balance sheet quality index 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 TUGA INNOVATIONS INC. (2021–2022)
Tangible net worth ratio of TUGA INNOVATIONS INC. from 2021 to 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. See TUGA INNOVATIONS INC. short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
TUGA INNOVATIONS INC. Tangible Net Worth Ratio by Year (2021–2022)
TUGA INNOVATIONS INC. tangible net worth ratio by year from 2021 to 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 live market cap and overall valuation, see TUGA INNOVATIONS INC. stock valuation.
| 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 | — |