Ondo InsurTech PLC (ONDO) — Tangible Net Worth Ratio

Latest as of February 2022: 100.0%

Ondo InsurTech PLC (ONDO) has a Tangible Net Worth Ratio of 100.0% as of February 2022. This metric is calculated by deducting intangible assets (GBX0.00) from net assets (GBX1.67 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 Ondo InsurTech PLC (ONDO) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

GBX1.67 Million
GBX

Intangible Assets

GBX0.00
Goodwill, patents, brand value

Total Assets

GBX1.77 Million
GBX

Ondo InsurTech PLC Tangible Net Worth Ratio (2022–2022)

This chart shows how Ondo InsurTech PLC's Tangible Net Worth Ratio has changed across 1 annual periods from 2022 to 2022. As of February 2022, the ratio stands at 100.0%, reflecting net assets of GBX1.67 Million with intangible assets of GBX0.00 GBX. See Ondo InsurTech PLC (ONDO) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Ondo InsurTech PLC (2022–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Ondo InsurTech PLC from 2022 to 2022, covering 1 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 market value of Ondo InsurTech PLC.

Year Tangible NW Ratio Net Assets (GBX) Intangible Assets Total Assets Change (pp)
2022 100.0% GBX1.67 Million GBX0.00 GBX1.77 Million
pp = percentage points