Above Food Ingredients Inc. Common Stock Tangible Net Worth Ratio
Above Food Ingredients Inc. Common Stock tangible net worth ratio. Above Food Ingredients Inc. Common Stock (ABVE) has a Tangible Net Worth Ratio of 91.5% as of January 2024. This metric is calculated by deducting intangible assets ($2.45 Million) from net assets ($28.79 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 Above Food Ingredients Inc. Common Stock growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Above Food Ingredients Inc. Common Stock (2021–2023)
Tangible net worth ratio of Above Food Ingredients Inc. Common Stock from 2021 to 2023. This chart shows how Above Food Ingredients Inc. Common Stock's Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of January 2024, the ratio stands at 91.5%, reflecting net assets of $28.79 Million with intangible assets of $2.45 Million USD. Check Above Food Ingredients Inc. Common Stock PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Above Food Ingredients Inc. Common Stock Tangible Net Worth Ratio by Year (2021–2023)
Above Food Ingredients Inc. Common Stock tangible net worth ratio by year from 2021 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Above Food Ingredients Inc. Common Stock from 2021 to 2023, covering 3 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 live market cap and overall valuation, see market value of Above Food Ingredients Inc. Common Stock.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 89.9% | $29.11 Million | $2.94 Million | $30.42 Million | ▼ -9.8 pp |
| 2022 | 99.7% | $199.86 Million | $562.07K | $200.51 Million | ▼ -0.3 pp |
| 2021 | 100.0% | $30.90K | $0.00 | $267.71K | — |