Axonics Modulation Technologies Inc Tangible Net Worth Ratio
Axonics Modulation Technologies Inc tangible net worth ratio. Axonics Modulation Technologies Inc (AXNX) has a Tangible Net Worth Ratio of 88.2% as of September 2024. This metric is calculated by deducting intangible assets ($78.45 Million) from net assets ($664.49 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 AXNX year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Axonics Modulation Technologies Inc (2018–2023)
Tangible net worth ratio of Axonics Modulation Technologies Inc from 2018 to 2023. This chart shows how Axonics Modulation Technologies Inc's Tangible Net Worth Ratio has changed across 6 annual periods from 2018 to 2023. As of September 2024, the ratio stands at 88.2%, reflecting net assets of $664.49 Million with intangible assets of $78.45 Million USD. Check AXNX strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Axonics Modulation Technologies Inc Tangible Net Worth Ratio by Year (2018–2023)
Axonics Modulation Technologies Inc tangible net worth ratio by year from 2018 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Axonics Modulation Technologies Inc from 2018 to 2023, covering 6 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 how much is Axonics Modulation Technologies Inc worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 87.2% | $637.56 Million | $81.38 Million | $719.92 Million | ▲ +2.4 pp |
| 2022 | 84.9% | $570.14 Million | $86.25 Million | $659.35 Million | ▲ +6.9 pp |
| 2021 | 77.9% | $482.44 Million | $106.47 Million | $547.95 Million | ▼ -22.0 pp |
| 2020 | 99.9% | $287.37 Million | $196.00K | $342.21 Million | ▲ +0.1 pp |
| 2019 | 99.8% | $183.00 Million | $311.00K | $219.82 Million | ▲ +0.1 pp |
| 2018 | 99.7% | $143.28 Million | $426.00K | $171.91 Million | — |