Black Hawk Acquisition Corporation (BKHA) — Tangible Net Worth Ratio
Black Hawk Acquisition Corporation (BKHA) has a Tangible Net Worth Ratio of 100.0% as of May 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($20.21 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 BKHA shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Black Hawk Acquisition Corporation Tangible Net Worth Ratio (2023–2025)
This chart shows how Black Hawk Acquisition Corporation's Tangible Net Worth Ratio has changed across 4 annual periods from 2023 to 2025. As of May 2026, the ratio stands at 100.0%, reflecting net assets of $20.21 Million with intangible assets of $0.00 USD. For live market cap and overall valuation, see Black Hawk Acquisition Corporation market cap and net worth.
Annual Tangible Net Worth Ratio for Black Hawk Acquisition Corporation (2023–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Black Hawk Acquisition Corporation from 2023 to 2025, covering 4 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 Black Hawk Acquisition Corporation (BKHA) 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) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $19.98 Million | $0.00 | $23.88 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $69.66 Million | $0.00 | $72.14 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $6.15K | $0.00 | $263.00K | ▲ +0.0 pp |
| 2023 | 100.0% | $6.15K | $0.00 | $263.00K | — |