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. See GMGT net asset value for net asset value and shareholders' equity analysis.
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. Also explore Gaming Technologies Inc. Common Stock (GMGT) equity growth momentum to track the company's year-over-year net asset growth rate.
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. For the full company profile including market capitalisation, see how much is Gaming Technologies Inc. Common Stock worth.
| 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 | — |