Guardant Health Inc Tangible Net Worth Ratio
Guardant Health Inc tangible net worth ratio. Guardant Health Inc (GH) has a Tangible Net Worth Ratio of 87.9% as of March 2024. This metric is calculated by deducting intangible assets ($8.29 Million) from net assets ($68.28 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 Guardant Health Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Guardant Health Inc (2016–2023)
Tangible net worth ratio of Guardant Health Inc from 2016 to 2023. This chart shows how Guardant Health Inc's Tangible Net Worth Ratio has changed across 8 annual periods from 2016 to 2023. As of March 2024, the ratio stands at 87.9%, reflecting net assets of $68.28 Million with intangible assets of $8.29 Million USD. See GH current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Guardant Health Inc Tangible Net Worth Ratio by Year (2016–2023)
Guardant Health Inc tangible net worth ratio by year from 2016 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Guardant Health Inc from 2016 to 2023, covering 8 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 GH company net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 94.3% | $158.68 Million | $8.98 Million | $1.79 Billion | ▲ +13.8 pp |
| 2022 | 80.5% | $60.18 Million | $11.73 Million | $1.61 Billion | ▼ -17.3 pp |
| 2021 | 97.8% | $645.00 Million | $14.21 Million | $2.20 Billion | ▼ -1.0 pp |
| 2020 | 98.8% | $1.36 Billion | $16.16 Million | $2.27 Billion | ▲ +0.6 pp |
| 2019 | 98.2% | $847.99 Million | $15.41 Million | $962.53 Million | ▼ -0.3 pp |
| 2018 | 98.5% | $524.95 Million | $7.80 Million | $587.40 Million | ▲ +1.3 pp |
| 2017 | 97.2% | $308.61 Million | $8.74 Million | $342.94 Million | ▼ -2.8 pp |
| 2016 | 100.0% | $79.70 Million | $0.00 | $116.56 Million | — |