Garden Stage Limited Ordinary Shares (GSIW) — Tangible Net Worth Ratio
Garden Stage Limited Ordinary Shares (GSIW) has a Tangible Net Worth Ratio of 54.2% as of June 2026. This metric is calculated by deducting intangible assets ($11.10 Million) from net assets ($24.22 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. Also explore Garden Stage Limited Ordinary Shares (GSIW) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Garden Stage Limited Ordinary Shares Tangible Net Worth Ratio (2021–2026)
This chart shows how Garden Stage Limited Ordinary Shares's Tangible Net Worth Ratio has changed across 6 annual periods from 2021 to 2026. As of June 2026, the ratio stands at 54.2%, reflecting net assets of $24.22 Million with intangible assets of $11.10 Million USD. For live market cap and overall valuation, see GSIW market cap.
Annual Tangible Net Worth Ratio for Garden Stage Limited Ordinary Shares (2021–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Garden Stage Limited Ordinary Shares from 2021 to 2026, covering 6 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 GSIW 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) |
|---|---|---|---|---|---|
| 2026 | 54.2% | $24.22 Million | $11.10 Million | $41.93 Million | ▼ -44.9 pp |
| 2025 | 99.0% | $6.70 Million | $64.27K | $15.90 Million | ▼ -0.3 pp |
| 2024 | 99.3% | $9.29 Million | $63.89K | $16.58 Million | ▲ +25.0 pp |
| 2023 | 74.3% | $248.03K | $63.69K | $1.67 Million | ▲ +359.3 pp |
| 2022 | -285.0% | $16.58K | $63.84K | $1.31 Million | ▼ -375.0 pp |
| 2021 | 90.0% | $642.00K | $64.39K | $17.69 Million | — |