Gaming Technologies Inc. Common Stock Tangible Net Worth Ratio
Gaming Technologies Inc. Common Stock 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. Check strategic asset allocation of Gaming Technologies Inc. Common Stock 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 Gaming Technologies Inc. Common Stock (2019–2020)
Tangible net worth ratio of Gaming Technologies Inc. Common Stock from 2019 to 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. See Gaming Technologies Inc. Common Stock short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Gaming Technologies Inc. Common Stock Tangible Net Worth Ratio by Year (2019–2020)
Gaming Technologies Inc. Common Stock tangible net worth ratio by year from 2019 to 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 live market cap and overall valuation, see GMGT market cap.
| 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 | — |