Gaming Technologies Inc. Common Stock (GMGT) — Tangible Net Worth Ratio
Gaming Technologies Inc. Common Stock (GMGT) has a Tangible Net Worth Ratio of -66.2% as of June 2021. This metric is calculated by deducting intangible assets ($190.24K) from net assets ($114.49K) 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 Gaming Technologies Inc. Common Stock annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Gaming Technologies Inc. Common Stock Tangible Net Worth Ratio (2019–2020)
This chart shows how Gaming Technologies Inc. Common Stock's Tangible Net Worth Ratio has changed across 2 annual periods from 2019 to 2020. As of June 2021, the ratio stands at -66.2%, reflecting net assets of $114.49K with intangible assets of $190.24K USD. For live market cap and overall valuation, see GMGT company net worth.
Annual Tangible Net Worth Ratio for Gaming Technologies Inc. Common Stock (2019–2020)
The table below presents the year-by-year Tangible Net Worth Ratio for Gaming Technologies Inc. Common Stock from 2019 to 2020, 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. Explore GMGT capital reinvestment 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) |
|---|---|---|---|---|---|
| 2020 | 96.8% | $1.59 Million | $50.97K | $2.06 Million | ▲ +28.7 pp |
| 2019 | 68.1% | $313.20K | $99.97K | $537.19K | — |