Foxx Development Holdings Inc. (FOXX) — Tangible Net Worth Ratio

Latest as of December 2024: 100.0%

Foxx Development Holdings Inc. (FOXX) has a Tangible Net Worth Ratio of 100.0% as of December 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($2.20 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. Also explore Foxx Development Holdings Inc. (FOXX) equity growth 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)

$2.20 Million
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$31.94 Million
USD

Annual Tangible Net Worth Ratio for Foxx Development Holdings Inc. (None–None)

The table below presents the year-by-year Tangible Net Worth Ratio for Foxx Development Holdings Inc. from None to None, covering 0 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 Foxx Development Holdings Inc. capex to cash flow ratio 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)
pp = percentage points