Eledon Pharmaceuticals Inc (ELDN) — Tangible Net Worth Ratio
Eledon Pharmaceuticals Inc (ELDN) has a Tangible Net Worth Ratio of 76.3% as of December 2025. This metric is calculated by deducting intangible assets ($32.39 Million) from net assets ($136.78 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 Eledon Pharmaceuticals Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Eledon Pharmaceuticals Inc Tangible Net Worth Ratio (2014–2025)
This chart shows how Eledon Pharmaceuticals Inc's Tangible Net Worth Ratio has changed across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 76.3%, reflecting net assets of $136.78 Million with intangible assets of $32.39 Million USD. See Eledon Pharmaceuticals Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Eledon Pharmaceuticals Inc (2014–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Eledon Pharmaceuticals Inc from 2014 to 2025, covering 12 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 Eledon Pharmaceuticals Inc market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 76.3% | $136.78 Million | $32.39 Million | $237.60 Million | ▲ +3.7 pp |
| 2024 | 72.6% | $118.14 Million | $32.39 Million | $177.41 Million | ▲ +11.4 pp |
| 2023 | 61.2% | $83.42 Million | $32.39 Million | $125.89 Million | ▼ -0.4 pp |
| 2022 | 61.5% | $84.18 Million | $32.39 Million | $92.79 Million | ▼ -18.7 pp |
| 2021 | 80.3% | $164.00 Million | $32.39 Million | $170.55 Million | ▼ -2.8 pp |
| 2020 | 83.0% | $190.60 Million | $32.39 Million | $197.19 Million | ▼ -17.0 pp |
| 2019 | 100.0% | $9.46 Million | $0.00 | $10.93 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $14.49 Million | $0.00 | $17.03 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $19.45 Million | $0.00 | $20.89 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $26.86 Million | $0.00 | $29.76 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $61.72 Million | $0.00 | $67.97 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $103.50 Million | $0.00 | $107.74 Million | — |