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. (DQ5) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
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. See defensive interval ratio of TUGA INNOVATIONS INC. to measure how many days the company can operate on defensive assets alone.
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 TUGA INNOVATIONS INC. market cap and net worth.
| 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 | — |