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. Also explore Ads Tec Energy PLC net asset momentum to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see ADSE stock market capitalisation.
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. See how financially flexible is Ads Tec Energy PLC to measure the company's free cash flow as a share of total liabilities.
| 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 | — |