Heritage Distilling Holding Company, Inc. Common Stock (CASK) — Tangible Net Worth Ratio

Latest as of December 2024: 46.8%

Heritage Distilling Holding Company, Inc. Common Stock (CASK) has a Tangible Net Worth Ratio of 46.8% as of December 2024. This metric is calculated by deducting intangible assets ($421.15K) from net assets ($791.77K) 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 Heritage Distilling Holding Company, Inc shareholders equity for net asset value and shareholders' equity analysis.

Tangible NW Ratio

46.8%
Tangible equity / total equity

Net Assets (Equity)

$791.77K
USD

Intangible Assets

$421.15K
Goodwill, patents, brand value

Total Assets

$28.00 Million
USD

Heritage Distilling Holding Company, Inc. Common Stock Tangible Net Worth Ratio (2021–2024)

This chart shows how Heritage Distilling Holding Company, Inc. Common Stock's Tangible Net Worth Ratio has changed across 2 annual periods from 2021 to 2024. As of December 2024, the ratio stands at 46.8%, reflecting net assets of $791.77K with intangible assets of $421.15K USD. Also explore Heritage Distilling Holding Company, Inc (CASK) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Heritage Distilling Holding Company, Inc. Common Stock (2021–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Heritage Distilling Holding Company, Inc. Common Stock from 2021 to 2024, covering 2 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 Heritage Distilling Holding Company, Inc (CASK) market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2024 46.8% $791.77K $421.15K $28.00 Million ▼ -53.2 pp
2021 100.0% $5.21 Million $0.00 $24.90 Million
pp = percentage points