iSun, Inc. Tangible Net Worth Ratio

Latest as of March 2024: 5.2%

iSun, Inc. tangible net worth ratio. iSun, Inc. (ISUNQ) has a Tangible Net Worth Ratio of 5.2% as of March 2024. This metric is calculated by deducting intangible assets ($12.44 Million) from net assets ($13.12 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 iSun, Inc. strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

5.2%
Tangible equity / total equity

Net Assets (Equity)

$13.12 Million
USD

Intangible Assets

$12.44 Million
Goodwill, patents, brand value

Total Assets

$66.70 Million
USD

Tangible Net Worth Ratio of iSun, Inc. (2016–2023)

Tangible net worth ratio of iSun, Inc. from 2016 to 2023. This chart shows how iSun, Inc.'s Tangible Net Worth Ratio has changed across 8 annual periods from 2016 to 2023. As of March 2024, the ratio stands at 5.2%, reflecting net assets of $13.12 Million with intangible assets of $12.44 Million USD. See iSun, Inc. working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

iSun, Inc. Tangible Net Worth Ratio by Year (2016–2023)

iSun, Inc. tangible net worth ratio by year from 2016 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for iSun, Inc. from 2016 to 2023, covering 8 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 iSun, Inc. market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2023 5.2% $13.12 Million $12.44 Million $66.70 Million ▼ -22.0 pp
2022 27.2% $19.29 Million $14.04 Million $67.48 Million ▼ -41.3 pp
2021 68.5% $59.86 Million $18.86 Million $103.73 Million ▼ -31.5 pp
2020 100.0% $7.88 Million $0.00 $19.62 Million ▲ +0.0 pp
2019 100.0% $3.87 Million $0.00 $15.67 Million ▲ +0.0 pp
2018 100.0% $4.64 Million $0.00 $8.15 Million ▲ +0.0 pp
2017 100.0% $38.13 Million $0.00 $41.06 Million ▲ +0.0 pp
2016 100.0% $38.67 Million $0.00 $40.48 Million —
pp = percentage points