Elong Power Holding Limited Class A Ordinary Shares (ELPW) — 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 ELPW working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Elong Power Holding Limited Class A Ordinary Shares Tangible Net Worth Ratio (2021–2023)
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 how many days can Elong Power Holding Limited Class A Ordi fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Elong Power Holding Limited Class A Ordinary Shares (2021–2023)
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 the full company profile including market capitalisation, see Elong Power Holding Limited Class A Ordi (ELPW) market capitalisation.
| 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 | — |