Greenland Acquisition Corp (GTEC) — Tangible Net Worth Ratio
Greenland Acquisition Corp (GTEC) has a Tangible Net Worth Ratio of 95.2% as of September 2025. This metric is calculated by deducting intangible assets ($3.32 Million) from net assets ($69.85 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 GTEC total equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Greenland Acquisition Corp Tangible Net Worth Ratio (2017–2024)
This chart shows how Greenland Acquisition Corp's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 95.2%, reflecting net assets of $69.85 Million with intangible assets of $3.32 Million USD. Also explore Greenland Acquisition Corp net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Greenland Acquisition Corp (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Greenland Acquisition Corp from 2017 to 2024, covering 9 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 Greenland Acquisition Corp (GTEC) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 93.7% | $53.27 Million | $3.36 Million | $115.58 Million | ▲ +0.9 pp |
| 2023 | 92.8% | $50.65 Million | $3.64 Million | $130.48 Million | ▼ -2.4 pp |
| 2022 | 95.2% | $79.43 Million | $3.79 Million | $155.12 Million | ▲ +0.6 pp |
| 2021 | 94.6% | $74.84 Million | $4.04 Million | $162.57 Million | ▲ +2.6 pp |
| 2020 | 92.0% | $50.66 Million | $4.04 Million | $131.98 Million | ▲ +0.3 pp |
| 2019 | 91.8% | $46.96 Million | $3.87 Million | $106.48 Million | ▲ +1.6 pp |
| 2018 | 90.2% | $39.64 Million | $3.89 Million | $111.41 Million | ▼ -9.8 pp |
| 2018 | 100.0% | $44.03 Million | $0.00 | $45.04 Million | ▲ +11.6 pp |
| 2017 | 88.4% | $35.08 Million | $4.06 Million | $108.46 Million | — |