Artelo Biosciences Inc Tangible Net Worth Ratio
Artelo Biosciences Inc tangible net worth ratio. Artelo Biosciences Inc (ARTL) has a Tangible Net Worth Ratio of 59.2% as of June 2026. This metric is calculated by deducting intangible assets ($2.04 Million) from net assets ($5.00 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. Check strategic asset allocation of Artelo Biosciences Inc to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Artelo Biosciences Inc (2014–2024)
Tangible net worth ratio of Artelo Biosciences Inc from 2014 to 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 June 2026, the ratio stands at 59.2%, reflecting net assets of $5.00 Million with intangible assets of $2.04 Million USD. See working capital position of Artelo Biosciences Inc to evaluate short-term liquidity relative to the company's equity base.
Artelo Biosciences Inc Tangible Net Worth Ratio by Year (2014–2024)
Artelo Biosciences Inc tangible net worth ratio by year from 2014 to 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. For live market cap and overall valuation, see Artelo Biosciences Inc stock valuation.
| 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% | $3.88 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 | — |