Borqs Technologies Inc. (BRQSF) — Tangible Net Worth Ratio
Borqs Technologies Inc. (BRQSF) has a Tangible Net Worth Ratio of 72.1% as of December 2019. This metric is calculated by deducting intangible assets ($9.43 Million) from net assets ($33.83 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 BRQSF 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
Borqs Technologies Inc. Tangible Net Worth Ratio (2019–2019)
This chart shows how Borqs Technologies Inc.'s Tangible Net Worth Ratio has changed across 1 annual periods from 2019 to 2019. As of December 2019, the ratio stands at 72.1%, reflecting net assets of $33.83 Million with intangible assets of $9.43 Million USD. For live market cap and overall valuation, see market value of Borqs Technologies Inc..
Annual Tangible Net Worth Ratio for Borqs Technologies Inc. (2019–2019)
The table below presents the year-by-year Tangible Net Worth Ratio for Borqs Technologies Inc. from 2019 to 2019, covering 1 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 Borqs Technologies Inc. leverage flexibility ratio 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) |
|---|---|---|---|---|---|
| 2019 | 72.1% | $33.83 Million | $9.43 Million | $56.80 Million | — |