Advent Technologies Holdings Inc Tangible Net Worth Ratio
Advent Technologies Holdings Inc tangible net worth ratio. Advent Technologies Holdings Inc (ADN) has a Tangible Net Worth Ratio of 99.4% as of June 2024. This metric is calculated by deducting intangible assets ($79.00K) from net assets ($13.45 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. Check ADN capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Advent Technologies Holdings Inc (2018–2023)
Tangible net worth ratio of Advent Technologies Holdings Inc from 2018 to 2023. This chart shows how Advent Technologies Holdings Inc's Tangible Net Worth Ratio has changed across 6 annual periods from 2018 to 2023. As of June 2024, the ratio stands at 99.4%, reflecting net assets of $13.45 Million with intangible assets of $79.00K USD. See working capital position of Advent Technologies Holdings Inc to evaluate short-term liquidity relative to the company's equity base.
Advent Technologies Holdings Inc Tangible Net Worth Ratio by Year (2018–2023)
Advent Technologies Holdings Inc tangible net worth ratio by year from 2018 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Advent Technologies Holdings Inc from 2018 to 2023, covering 6 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 Advent Technologies Holdings Inc (ADN) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 99.4% | $13.45 Million | $79.00K | $34.74 Million | ▲ +8.9 pp |
| 2022 | 90.5% | $64.15 Million | $6.06 Million | $89.59 Million | ▲ +8.5 pp |
| 2021 | 82.1% | $130.20 Million | $23.34 Million | $163.03 Million | ▼ -17.9 pp |
| 2020 | 100.0% | $90.23 Million | $0.00 | $93.92 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $5.00 Million | $0.00 | $226.01 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $214.11 Million | $0.00 | $222.08 Million | — |