Borqs Technologies Inc. Tangible Net Worth Ratio

Latest as of December 2019: 72.1%

Borqs Technologies Inc. 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. See net asset quality index of Borqs Technologies Inc. to measure how much of total assets are equity-financed.

Tangible NW Ratio

72.1%
Tangible equity / total equity

Net Assets (Equity)

$33.83 Million
USD

Intangible Assets

$9.43 Million
Goodwill, patents, brand value

Total Assets

$56.80 Million
USD

Tangible Net Worth Ratio of Borqs Technologies Inc. (2019–2019)

Tangible net worth ratio of Borqs Technologies Inc. from 2019 to 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. See Borqs Technologies Inc. (BRQSF) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Borqs Technologies Inc. Tangible Net Worth Ratio by Year (2019–2019)

Borqs Technologies Inc. tangible net worth ratio by year from 2019 to 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. For live market cap and overall valuation, see BRQSF market cap.

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 —
pp = percentage points