Chijet Motor Company, Inc. Ordinary Shares (CJET) — Tangible Net Worth Ratio
Chijet Motor Company, Inc. Ordinary Shares (CJET) has a Tangible Net Worth Ratio of -83.0% as of March 2023. This metric is calculated by deducting intangible assets ($250.91 Million) from net assets ($137.12 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 how liquid is Chijet Motor Company, Inc. Ordinary Shar's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Chijet Motor Company, Inc. Ordinary Shares Tangible Net Worth Ratio (2020–2022)
This chart shows how Chijet Motor Company, Inc. Ordinary Shares's Tangible Net Worth Ratio has changed across 3 annual periods from 2020 to 2022. As of March 2023, the ratio stands at -83.0%, reflecting net assets of $137.12 Million with intangible assets of $250.91 Million USD. See how many days can Chijet Motor Company, Inc. Ordinary Shar fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Chijet Motor Company, Inc. Ordinary Shares (2020–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Chijet Motor Company, Inc. Ordinary Shares from 2020 to 2022, covering 3 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 Chijet Motor Company, Inc. Ordinary Shar market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -1546.5% | $16.13 Million | $265.55 Million | $653.61 Million | ▼ -1386.1 pp |
| 2021 | -160.4% | $112.03 Million | $291.75 Million | $809.15 Million | ▼ -93.1 pp |
| 2020 | -67.3% | $171.66 Million | $287.22 Million | $953.30 Million | — |