DUET Acquisition Corp (DUET) — Tangible Net Worth Ratio
DUET Acquisition Corp (DUET) has a Tangible Net Worth Ratio of 100.0% as of June 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($6.33 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. Also explore DUET Acquisition Corp equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
DUET Acquisition Corp Tangible Net Worth Ratio (2021–2023)
This chart shows how DUET Acquisition Corp's Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of June 2024, the ratio stands at 100.0%, reflecting net assets of $6.33 Million with intangible assets of $0.00 USD. Check strategic asset allocation of DUET Acquisition Corp to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for DUET Acquisition Corp (2021–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for DUET Acquisition Corp from 2021 to 2023, 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 live market cap and overall valuation, see DUET Acquisition Corp market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | $6.19 Million | $0.00 | $14.07 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $85.30 Million | $0.00 | $88.62 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $23.48K | $0.00 | $215.48K | — |