Envoy Medical Inc. (COCH) — Tangible Net Worth Ratio

Latest as of September 2023: 100.0%

Envoy Medical Inc. (COCH) has a Tangible Net Worth Ratio of 100.0% as of September 2023. This metric is calculated by deducting intangible assets ($0.00) from net assets ($6.26 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 COCH working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$6.26 Million
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$23.60 Million
USD

Envoy Medical Inc. Tangible Net Worth Ratio (2020–2020)

This chart shows how Envoy Medical Inc.'s Tangible Net Worth Ratio has changed across 1 annual periods from 2020 to 2020. As of September 2023, the ratio stands at 100.0%, reflecting net assets of $6.26 Million with intangible assets of $0.00 USD. See Envoy Medical Inc. (COCH) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Envoy Medical Inc. (2020–2020)

The table below presents the year-by-year Tangible Net Worth Ratio for Envoy Medical Inc. from 2020 to 2020, 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 the full company profile including market capitalisation, see COCH company net worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2020 100.0% $24.30K $0.00 $119.99K
pp = percentage points