AYRO Inc (AYRO) — Tangible Net Worth Ratio
AYRO Inc (AYRO) has a Tangible Net Worth Ratio of 100.0% as of March 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($6.37 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 net assets of AYRO Inc for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
AYRO Inc Tangible Net Worth Ratio (2004–2024)
This chart shows how AYRO Inc's Tangible Net Worth Ratio has changed across 10 annual periods from 2004 to 2024. As of March 2025, the ratio stands at 100.0%, reflecting net assets of $6.37 Million with intangible assets of $0.00 USD. Also explore net asset growth rate of AYRO Inc to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for AYRO Inc (2004–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for AYRO Inc from 2004 to 2024, covering 10 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 AYRO Inc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | $12.27 Million | $0.00 | $21.74 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $25.33 Million | $0.00 | $52.86 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $52.06 Million | $0.00 | $54.99 Million | ▲ +0.1 pp |
| 2021 | 99.9% | $73.42 Million | $88.32K | $78.13 Million | ▲ +0.2 pp |
| 2020 | 99.6% | $39.36 Million | $143.84K | $41.96 Million | ▲ +353.7 pp |
| 2019 | -254.1% | $68.94K | $244.12K | $2.78 Million | ▼ -332.4 pp |
| 2018 | 78.3% | $3.04 Million | $659.09K | $5.63 Million | ▼ -21.7 pp |
| 2016 | 100.0% | $2.23 Million | $0.00 | $5.80 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $2.49 Million | $0.00 | $4.37 Million | ▲ +5.3 pp |
| 2004 | 94.7% | $11.29 Million | $603.33K | $20.88 Million | — |