Foghorn Therapeutics Inc (FHTX) — Tangible Net Worth Ratio

Latest as of December 2022: 100.0%

Foghorn Therapeutics Inc (FHTX) has a Tangible Net Worth Ratio of 100.0% as of December 2022. This metric is calculated by deducting intangible assets ($0.00) from net assets ($112.00K) 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 Foghorn Therapeutics Inc net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$112.00K
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$404.88 Million
USD

Foghorn Therapeutics Inc Tangible Net Worth Ratio (2020–2022)

This chart shows how Foghorn Therapeutics Inc's Tangible Net Worth Ratio has changed across 3 annual periods from 2020 to 2022. As of December 2022, the ratio stands at 100.0%, reflecting net assets of $112.00K with intangible assets of $0.00 USD. For live market cap and overall valuation, see FHTX market cap.

Annual Tangible Net Worth Ratio for Foghorn Therapeutics Inc (2020–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Foghorn Therapeutics Inc from 2020 to 2022, 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. Explore Foghorn Therapeutics Inc (FHTX) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2022 100.0% $112.00K $0.00 $404.88 Million ▲ +0.0 pp
2021 100.0% $96.87 Million $0.00 $519.77 Million ▲ +0.0 pp
2020 100.0% $146.19 Million $0.00 $255.59 Million
pp = percentage points