DigiAsia Corp Tangible Net Worth Ratio

Latest as of June 2024: -23.8%

DigiAsia Corp tangible net worth ratio. DigiAsia Corp (FAAS) has a Tangible Net Worth Ratio of -23.8% as of June 2024. This metric is calculated by deducting intangible assets ($11.36 Million) from net assets ($9.18 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. Check FAAS PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

-23.8%
Tangible equity / total equity

Net Assets (Equity)

$9.18 Million
USD

Intangible Assets

$11.36 Million
Goodwill, patents, brand value

Total Assets

$70.36 Million
USD

Tangible Net Worth Ratio of DigiAsia Corp (2021–2023)

Tangible net worth ratio of DigiAsia Corp from 2021 to 2023. This chart shows how DigiAsia Corp's Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of June 2024, the ratio stands at -23.8%, reflecting net assets of $9.18 Million with intangible assets of $11.36 Million USD. See FAAS working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

DigiAsia Corp Tangible Net Worth Ratio by Year (2021–2023)

DigiAsia Corp tangible net worth ratio by year from 2021 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for DigiAsia 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 how much is DigiAsia Corp worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2023 100.0% $13.10 Million $0.00 $27.62 Million ▲ +79.8 pp
2022 20.2% $17.94 Million $14.31 Million $31.05 Million ▲ +27.3 pp
2021 -7.1% $15.24 Million $16.31 Million $26.50 Million —
pp = percentage points