Garden Stage Limited Ordinary Shares (GSIW) — Tangible Net Worth Ratio
Garden Stage Limited Ordinary Shares (GSIW) has a Tangible Net Worth Ratio of 99.7% as of September 2025. This metric is calculated by deducting intangible assets ($64.24K) from net assets ($19.85 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. See net assets of Garden Stage Limited Ordinary Shares for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Garden Stage Limited Ordinary Shares Tangible Net Worth Ratio (2021–2025)
This chart shows how Garden Stage Limited Ordinary Shares's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of September 2025, the ratio stands at 99.7%, reflecting net assets of $19.85 Million with intangible assets of $64.24K USD. Also explore Garden Stage Limited Ordinary Shares equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Garden Stage Limited Ordinary Shares (2021–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Garden Stage Limited Ordinary Shares from 2021 to 2025, covering 5 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 Garden Stage Limited Ordinary Shares market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (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 | — |