Codexis Inc (CDXS) — Tangible Net Worth Ratio
Codexis Inc (CDXS) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($38.54 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 Codexis Inc (CDXS) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Codexis Inc Tangible Net Worth Ratio (2009–2024)
This chart shows how Codexis Inc's Tangible Net Worth Ratio has changed across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of $38.54 Million with intangible assets of $0.00 USD. See how many days can Codexis Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Codexis Inc (2009–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Codexis Inc from 2009 to 2024, covering 16 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 CDXS company net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | $66.93 Million | $0.00 | $149.01 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $86.61 Million | $0.00 | $136.56 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $144.80 Million | $0.00 | $250.39 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $164.39 Million | $0.00 | $246.38 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $170.10 Million | $0.00 | $221.65 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $105.52 Million | $0.00 | $149.07 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $56.31 Million | $0.00 | $78.28 Million | ▲ +13.2 pp |
| 2017 | 86.8% | $24.55 Million | $3.24 Million | $53.62 Million | ▲ +3.8 pp |
| 2016 | 83.0% | $19.10 Million | $3.24 Million | $35.65 Million | ▼ -4.7 pp |
| 2015 | 87.7% | $22.88 Million | $2.81 Million | $44.65 Million | ▲ +11.2 pp |
| 2014 | 76.5% | $26.31 Million | $6.19 Million | $48.12 Million | ▼ -0.5 pp |
| 2013 | 77.0% | $41.48 Million | $9.56 Million | $58.84 Million | ▼ -6.6 pp |
| 2012 | 83.5% | $78.44 Million | $12.93 Million | $99.97 Million | ▼ -0.5 pp |
| 2011 | 84.0% | $102.69 Million | $16.44 Million | $135.92 Million | ▲ +2.8 pp |
| 2010 | 81.2% | $107.36 Million | $20.16 Million | $141.30 Million | ▼ -16.3 pp |
| 2009 | 97.5% | $36.84 Million | $928.00K | $99.04 Million | — |