CorMedix Inc (CRMD) — Tangible Net Worth Ratio
CorMedix Inc (CRMD) has a Tangible Net Worth Ratio of 6.5% as of December 2025. This metric is calculated by deducting intangible assets ($379.07 Million) from net assets ($405.31 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 CorMedix Inc book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
CorMedix Inc Tangible Net Worth Ratio (2010–2025)
This chart shows how CorMedix Inc's Tangible Net Worth Ratio has changed across 14 annual periods from 2010 to 2025. As of December 2025, the ratio stands at 6.5%, reflecting net assets of $405.31 Million with intangible assets of $379.07 Million USD. Also explore CRMD net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for CorMedix Inc (2010–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for CorMedix Inc from 2010 to 2025, covering 14 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 how much is CorMedix Inc worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 6.5% | $405.31 Million | $379.07 Million | $826.14 Million | ▼ -91.3 pp |
| 2024 | 97.8% | $84.66 Million | $1.84 Million | $118.85 Million | ▼ -2.2 pp |
| 2023 | 100.0% | $70.14 Million | $0.00 | $82.06 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $55.06 Million | $0.00 | $62.04 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $62.80 Million | $0.00 | $68.95 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $44.22 Million | $0.00 | $49.31 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $23.65 Million | $0.00 | $29.48 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $4.93 Million | $0.00 | $18.83 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $7.19 Million | $0.00 | $13.45 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $17.81 Million | $0.00 | $21.91 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $34.01 Million | $0.00 | $37.10 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $3.63 Million | $0.00 | $5.10 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $1.24 Million | $0.00 | $2.56 Million | ▲ +0.0 pp |
| 2010 | 100.0% | $7.26 Million | $0.00 | $8.85 Million | — |