LungLife AI Inc (LLAI) — Tangible Net Worth Ratio

Latest as of June 2024: 26.7%

LungLife AI Inc (LLAI) has a Tangible Net Worth Ratio of 26.7% as of June 2024. This metric is calculated by deducting intangible assets (GBX5.82 Million) from net assets (GBX7.93 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. Also explore how fast is LungLife AI Inc growing its equity to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

26.7%
Tangible equity / total equity

Net Assets (Equity)

GBX7.93 Million
GBX

Intangible Assets

GBX5.82 Million
Goodwill, patents, brand value

Total Assets

GBX9.06 Million
GBX

LungLife AI Inc Tangible Net Worth Ratio (2020–2023)

This chart shows how LungLife AI Inc's Tangible Net Worth Ratio has changed across 4 annual periods from 2020 to 2023. As of June 2024, the ratio stands at 26.7%, reflecting net assets of GBX7.93 Million with intangible assets of GBX5.82 Million GBX. For live market cap and overall valuation, see LungLife AI Inc market cap and net worth.

Annual Tangible Net Worth Ratio for LungLife AI Inc (2020–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for LungLife AI Inc from 2020 to 2023, covering 4 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. See LungLife AI Inc (LLAI) flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Tangible NW Ratio Net Assets (GBX) Intangible Assets Total Assets Change (pp)
2023 26.5% GBX7.91 Million GBX5.82 Million GBX9.52 Million ▼ -29.2 pp
2022 55.7% GBX13.14 Million GBX5.82 Million GBX15.02 Million ▼ -15.4 pp
2021 71.1% GBX20.13 Million GBX5.82 Million GBX21.97 Million ▼ -28.9 pp
2020 100.0% GBX19.53 Million GBX0.00 GBX21.52 Million
pp = percentage points