China Liberal Education Holdings (CLEU) — Tangible Net Worth Ratio

Latest as of September 2024: 99.6%

China Liberal Education Holdings (CLEU) has a Tangible Net Worth Ratio of 99.6% as of September 2024. This metric is calculated by deducting intangible assets ($312.84K) from net assets ($88.01 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 working capital position of China Liberal Education Holdings to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

99.6%
Tangible equity / total equity

Net Assets (Equity)

$88.01 Million
USD

Intangible Assets

$312.84K
Goodwill, patents, brand value

Total Assets

$93.31 Million
USD

China Liberal Education Holdings Tangible Net Worth Ratio (2017–2023)

This chart shows how China Liberal Education Holdings's Tangible Net Worth Ratio has changed across 7 annual periods from 2017 to 2023. As of September 2024, the ratio stands at 99.6%, reflecting net assets of $88.01 Million with intangible assets of $312.84K USD. See CLEU cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for China Liberal Education Holdings (2017–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for China Liberal Education Holdings from 2017 to 2023, covering 7 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 China Liberal Education Holdings (CLEU) total market value.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2023 99.5% $66.54 Million $351.68K $72.80 Million ▲ +2.2 pp
2022 97.3% $62.48 Million $1.69 Million $103.99 Million ▼ -2.7 pp
2021 100.0% $41.96 Million $0.00 $43.63 Million ▲ +0.0 pp
2020 100.0% $11.64 Million $0.00 $12.77 Million ▲ +0.0 pp
2019 100.0% $5.18 Million $0.00 $6.85 Million ▲ +0.0 pp
2018 100.0% $5.25 Million $0.00 $5.97 Million ▲ +0.0 pp
2017 100.0% $4.61 Million $0.00 $5.25 Million
pp = percentage points