IMAC Holdings Inc Tangible Net Worth Ratio
IMAC Holdings Inc tangible net worth ratio. IMAC Holdings Inc (BACK) has a Tangible Net Worth Ratio of 15.5% as of September 2023. This metric is calculated by deducting intangible assets ($868.99K) from net assets ($1.03 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 momentum of IMAC Holdings Inc 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 IMAC Holdings Inc (2016–2022)
Tangible net worth ratio of IMAC Holdings Inc from 2016 to 2022. This chart shows how IMAC Holdings Inc's Tangible Net Worth Ratio has changed across 6 annual periods from 2016 to 2022. As of September 2023, the ratio stands at 15.5%, reflecting net assets of $1.03 Million with intangible assets of $868.99K USD. Check asset allocation strategy of IMAC Holdings Inc to assess the company's strategic physical and investment asset allocation.
IMAC Holdings Inc Tangible Net Worth Ratio by Year (2016–2022)
IMAC Holdings Inc tangible net worth ratio by year from 2016 to 2022. The table below presents the year-by-year Tangible Net Worth Ratio for IMAC Holdings Inc from 2016 to 2022, 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 IMAC Holdings Inc worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 70.6% | $4.65 Million | $1.37 Million | $11.08 Million | ▲ +2.9 pp |
| 2021 | 67.7% | $17.95 Million | $5.80 Million | $27.23 Million | ▲ +52.3 pp |
| 2020 | 15.4% | $7.81 Million | $6.61 Million | $19.75 Million | ▲ +5.7 pp |
| 2019 | 9.7% | $7.94 Million | $7.17 Million | $20.42 Million | ▼ -90.3 pp |
| 2017 | 100.0% | $171.43K | $0.00 | $1.28 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $1.05 Million | $0.00 | $1.60 Million | — |