Acutus Medical Inc (AFIB) — Tangible Net Worth Ratio

Latest as of September 2023: 95.5%

Acutus Medical Inc (AFIB) has a Tangible Net Worth Ratio of 95.5% as of September 2023. This metric is calculated by deducting intangible assets ($1.43 Million) from net assets ($31.71 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 net asset growth rate of Acutus Medical Inc to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

95.5%
Tangible equity / total equity

Net Assets (Equity)

$31.71 Million
USD

Intangible Assets

$1.43 Million
Goodwill, patents, brand value

Total Assets

$84.73 Million
USD

Acutus Medical Inc Tangible Net Worth Ratio (2020–2022)

This chart shows how Acutus Medical Inc's Tangible Net Worth Ratio has changed across 3 annual periods from 2020 to 2022. As of September 2023, the ratio stands at 95.5%, reflecting net assets of $31.71 Million with intangible assets of $1.43 Million USD. For live market cap and overall valuation, see Acutus Medical Inc (AFIB) market capitalisation.

Annual Tangible Net Worth Ratio for Acutus Medical Inc (2020–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Acutus Medical Inc from 2020 to 2022, 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. See AFIB FCF to total liabilities ratio 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)
2022 97.9% $75.02 Million $1.58 Million $133.44 Million ▲ +2.6 pp
2021 95.3% $105.73 Million $5.01 Million $169.79 Million ▼ -0.3 pp
2020 95.5% $126.58 Million $5.65 Million $192.53 Million
pp = percentage points