Alpha Star Acquisition Corp (ALSA) — Tangible Net Worth Ratio

Latest as of September 2024: 100.0%

Alpha Star Acquisition Corp (ALSA) has a Tangible Net Worth Ratio of 100.0% as of September 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($7.46 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 Alpha Star Acquisition Corp net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$7.46 Million
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$10.99 Million
USD

Alpha Star Acquisition Corp Tangible Net Worth Ratio (2021–2023)

This chart shows how Alpha Star Acquisition Corp's Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of September 2024, the ratio stands at 100.0%, reflecting net assets of $7.46 Million with intangible assets of $0.00 USD. Also explore ALSA shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Alpha Star Acquisition Corp (2021–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Alpha Star Acquisition Corp 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 the full company profile including market capitalisation, see how much is Alpha Star Acquisition Corp worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2023 100.0% $113.71 Million $0.00 $118.34 Million ▲ +0.0 pp
2022 100.0% $113.71 Million $0.00 $118.34 Million ▲ +0.0 pp
2021 100.0% $112.60 Million $0.00 $115.53 Million
pp = percentage points