Gryphon Digital Mining Inc. Tangible Net Worth Ratio

Latest as of March 2023: 99.5%

Gryphon Digital Mining Inc. tangible net worth ratio. Gryphon Digital Mining Inc. (GRYP) has a Tangible Net Worth Ratio of 99.5% as of March 2023. This metric is calculated by deducting intangible assets ($100.00K) from net assets ($20.48 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 Gryphon Digital Mining Inc. PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

99.5%
Tangible equity / total equity

Net Assets (Equity)

$20.48 Million
USD

Intangible Assets

$100.00K
Goodwill, patents, brand value

Total Assets

$35.60 Million
USD

Tangible Net Worth Ratio of Gryphon Digital Mining Inc. (2017–2022)

Tangible net worth ratio of Gryphon Digital Mining Inc. from 2017 to 2022. This chart shows how Gryphon Digital Mining Inc.'s Tangible Net Worth Ratio has changed across 7 annual periods from 2017 to 2022. As of March 2023, the ratio stands at 99.5%, reflecting net assets of $20.48 Million with intangible assets of $100.00K USD. See Gryphon Digital Mining Inc. (GRYP) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Gryphon Digital Mining Inc. Tangible Net Worth Ratio by Year (2017–2022)

Gryphon Digital Mining Inc. tangible net worth ratio by year from 2017 to 2022. The table below presents the year-by-year Tangible Net Worth Ratio for Gryphon Digital Mining Inc. from 2017 to 2022, covering 7 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 Gryphon Digital Mining Inc. stock valuation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2022 51.8% $59.95 Million $28.92 Million $94.48 Million ▼ -35.5 pp
2021 87.3% $57.53 Million $7.31 Million $77.17 Million ▲ +33.1 pp
2020 54.2% $22.08 Million $10.12 Million $24.52 Million ▼ -45.8 pp
2019 100.0% $58.08 Million $0.00 $58.47 Million ▲ +0.0 pp
2018 100.0% $58.08 Million $0.00 $58.47 Million ▲ +0.0 pp
2018 100.0% $23.44K $0.00 $159.69K ▲ +0.0 pp
2017 100.0% $3.11 Million $0.00 $5.76 Million —
pp = percentage points