Artelo Biosciences Inc (ARTL) — Tangible Net Worth Ratio
Artelo Biosciences Inc (ARTL) has a Tangible Net Worth Ratio of 69.4% as of March 2026. This metric is calculated by deducting intangible assets ($2.04 Million) from net assets ($6.67 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 Artelo Biosciences Inc to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Artelo Biosciences Inc Tangible Net Worth Ratio (2014–2024)
This chart shows how Artelo Biosciences Inc's Tangible Net Worth Ratio has changed across 9 annual periods from 2014 to 2024. As of March 2026, the ratio stands at 69.4%, reflecting net assets of $6.67 Million with intangible assets of $2.04 Million USD. For live market cap and overall valuation, see ARTL market cap.
Annual Tangible Net Worth Ratio for Artelo Biosciences Inc (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Artelo Biosciences Inc from 2014 to 2024, covering 9 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 ARTL financial flexibility index 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) |
|---|---|---|---|---|---|
| 2024 | 28.6% | $2.86 Million | $2.04 Million | $4.70 Million | ▼ -54.0 pp |
| 2023 | 82.6% | $11.75 Million | $2.04 Million | $13.04 Million | ▼ -6.8 pp |
| 2022 | 89.5% | $19.40 Million | $2.04 Million | $20.42 Million | ▲ +6.4 pp |
| 2021 | 83.1% | $12.04 Million | $2.04 Million | $12.63 Million | ▲ +35.7 pp |
| 2020 | 47.4% | $3.87 Million | $2.04 Million | $4.38 Million | ▼ -15.3 pp |
| 2019 | 62.7% | $5.46 Million | $2.04 Million | $6.48 Million | ▼ -37.3 pp |
| 2017 | 100.0% | $544.84K | $0.00 | $574.27K | ▲ +0.0 pp |
| 2015 | 100.0% | $15.29K | $0.00 | $17.03K | ▲ +0.0 pp |
| 2014 | 100.0% | $29.46K | $0.00 | $14.73K | — |