BetterLife Pharma Inc (NPAU) — Tangible Net Worth Ratio
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 NPAU working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
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. See NPAU days of operational coverage to measure how many days the company can operate on defensive assets alone.
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 BetterLife Pharma Inc (NPAU) total market value.
| 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 | — |