American Resources Corp Class A (AREC) — Tangible Net Worth Ratio
American Resources Corp Class A (AREC) has a Tangible Net Worth Ratio of 100.0% as of December 2023. This metric is calculated by deducting intangible assets ($0.00) from net assets ($477.61K) 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 working capital position of American Resources Corp Class A to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
American Resources Corp Class A Tangible Net Worth Ratio (2014–2022)
This chart shows how American Resources Corp Class A's Tangible Net Worth Ratio has changed across 3 annual periods from 2014 to 2022. As of December 2023, the ratio stands at 100.0%, reflecting net assets of $477.61K with intangible assets of $0.00 USD. See AREC days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for American Resources Corp Class A (2014–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for American Resources Corp Class A from 2014 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. For the full company profile including market capitalisation, see market value of American Resources Corp Class A.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -48.4% | $284.70K | $422.51K | $55.92 Million | ▼ -137.0 pp |
| 2015 | 88.6% | $1.06 Million | $120.83K | $1.13 Million | ▼ -11.4 pp |
| 2014 | 100.0% | $107.38K | $0.00 | $110.38K | — |