Spacefy Inc (YSP) — Tangible Net Worth Ratio
Spacefy Inc (YSP) has a Tangible Net Worth Ratio of -1645.8% as of March 2020. This metric is calculated by deducting intangible assets (€147.43K) from net assets (€8.45K) 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 working capital to net assets of Spacefy Inc to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Spacefy Inc Tangible Net Worth Ratio (2018–2019)
This chart shows how Spacefy Inc's Tangible Net Worth Ratio has changed across 2 annual periods from 2018 to 2019. As of March 2020, the ratio stands at -1645.8%, reflecting net assets of €8.45K with intangible assets of €147.43K EUR. See YSP cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Spacefy Inc (2018–2019)
The table below presents the year-by-year Tangible Net Worth Ratio for Spacefy Inc from 2018 to 2019, 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 Spacefy Inc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | 41.4% | €275.53K | €161.44K | €538.17K | ▼ -53.1 pp |
| 2018 | 94.5% | €813.44K | €44.61K | €1.42 Million | — |