BetterLife Pharma Inc (NPAU) — Tangible Net Worth Ratio

Latest as of July 2021: 100.0%

BetterLife Pharma Inc (NPAU) has a Tangible Net Worth Ratio of 100.0% as of July 2021. This metric is calculated by deducting intangible assets (€0.00) from net assets (€1.27 Million) 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 what is BetterLife Pharma Inc's book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

€1.27 Million
EUR

Intangible Assets

€0.00
Goodwill, patents, brand value

Total Assets

€5.68 Million
EUR

BetterLife Pharma Inc Tangible Net Worth Ratio (2019–2020)

This chart shows how BetterLife Pharma Inc's Tangible Net Worth Ratio has changed across 2 annual periods from 2019 to 2020. As of July 2021, the ratio stands at 100.0%, reflecting net assets of €1.27 Million with intangible assets of €0.00 EUR. Also explore NPAU shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for BetterLife Pharma Inc (2019–2020)

The table below presents the year-by-year Tangible Net Worth Ratio for BetterLife Pharma Inc from 2019 to 2020, 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 NPAU market cap.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2020 69.8% €2.66 Million €801.06K €8.25 Million ▲ +207.8 pp
2019 -137.9% €3.51 Million €8.35 Million €8.60 Million
pp = percentage points