Iterum Therapeutics PLC (ITRM) — Tangible Net Worth Ratio
Iterum Therapeutics PLC (ITRM) has a Tangible Net Worth Ratio of 87.4% as of September 2023. This metric is calculated by deducting intangible assets ($432.00K) from net assets ($3.43 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 ITRM total equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Iterum Therapeutics PLC Tangible Net Worth Ratio (2016–2022)
This chart shows how Iterum Therapeutics PLC's Tangible Net Worth Ratio has changed across 5 annual periods from 2016 to 2022. As of September 2023, the ratio stands at 87.4%, reflecting net assets of $3.43 Million with intangible assets of $432.00K USD. Also explore net asset growth rate of Iterum Therapeutics PLC to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Iterum Therapeutics PLC (2016–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Iterum Therapeutics PLC from 2016 to 2022, 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 ITRM company net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 93.9% | $28.00 Million | $1.72 Million | $66.83 Million | ▲ +0.7 pp |
| 2021 | 93.2% | $50.23 Million | $3.44 Million | $91.51 Million | ▼ -6.8 pp |
| 2018 | 100.0% | $71.62 Million | $0.00 | $97.87 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $39.49 Million | $0.00 | $46.76 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $22.67 Million | $0.00 | $26.92 Million | — |