Elong Power Holding Limited Class A Ordinary Shares Tangible Net Worth Ratio
Elong Power Holding Limited Class A Ordinary Shares tangible net worth ratio. Elong Power Holding Limited Class A Ordinary Shares (ELPW) has a Tangible Net Worth Ratio of 83.8% as of December 2023. This metric is calculated by deducting intangible assets ($158.33K) from net assets ($978.34K) 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 Elong Power Holding Limited Class A Ordi net asset quality index to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Elong Power Holding Limited Class A Ordinary Shares (2021–2023)
Tangible net worth ratio of Elong Power Holding Limited Class A Ordinary Shares from 2021 to 2023. This chart shows how Elong Power Holding Limited Class A Ordinary Shares's Tangible Net Worth Ratio has changed across 2 annual periods from 2021 to 2023. As of December 2023, the ratio stands at 83.8%, reflecting net assets of $978.34K with intangible assets of $158.33K USD. See working capital position of Elong Power Holding Limited Class A Ordi to evaluate short-term liquidity relative to the company's equity base.
Elong Power Holding Limited Class A Ordinary Shares Tangible Net Worth Ratio by Year (2021–2023)
Elong Power Holding Limited Class A Ordinary Shares tangible net worth ratio by year from 2021 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Elong Power Holding Limited Class A Ordinary Shares from 2021 to 2023, covering 2 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 market value of Elong Power Holding Limited Class A Ordi.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 83.8% | $978.34K | $158.33K | $37.50 Million | ▼ -10.1 pp |
| 2021 | 93.9% | $2.98 Million | $180.62K | $53.53 Million | — |