Ads Tec Energy PLC (ADSE) — Tangible Net Worth Ratio
Ads Tec Energy PLC (ADSE) has a Tangible Net Worth Ratio of 26.2% as of March 2024. This metric is calculated by deducting intangible assets ($25.04 Million) from net assets ($33.92 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 Ads Tec Energy PLC short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ads Tec Energy PLC Tangible Net Worth Ratio (2018–2023)
This chart shows how Ads Tec Energy PLC's Tangible Net Worth Ratio has changed across 5 annual periods from 2018 to 2023. As of March 2024, the ratio stands at 26.2%, reflecting net assets of $33.92 Million with intangible assets of $25.04 Million USD. See Ads Tec Energy PLC liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Ads Tec Energy PLC (2018–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Ads Tec Energy PLC from 2018 to 2023, covering 5 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 Ads Tec Energy PLC (ADSE) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 26.2% | $33.92 Million | $25.04 Million | $124.41 Million | ▼ -46.5 pp |
| 2022 | 72.7% | $80.75 Million | $22.06 Million | $139.44 Million | ▼ -9.7 pp |
| 2021 | 82.4% | $96.89 Million | $17.04 Million | $151.22 Million | ▲ +600.7 pp |
| 2019 | -518.3% | $1.69 Million | $10.46 Million | $62.99 Million | ▼ -576.8 pp |
| 2018 | 58.5% | $13.74 Million | $5.71 Million | $50.40 Million | — |