Adamas One Corp. Common Stock (JEWL) — Tangible Net Worth Ratio
Adamas One Corp. Common Stock (JEWL) has a Tangible Net Worth Ratio of 64.2% as of December 2023. This metric is calculated by deducting intangible assets ($408.00K) from net assets ($1.14 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 JEWL net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Adamas One Corp. Common Stock Tangible Net Worth Ratio (2023–2024)
This chart shows how Adamas One Corp. Common Stock's Tangible Net Worth Ratio has changed across 2 annual periods from 2023 to 2024. As of December 2023, the ratio stands at 64.2%, reflecting net assets of $1.14 Million with intangible assets of $408.00K USD. See Adamas One Corp. Common Stock liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Adamas One Corp. Common Stock (2023–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Adamas One Corp. Common Stock from 2023 to 2024, covering 2 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 market value of Adamas One Corp. Common Stock.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 86.4% | $3.12 Million | $426.00K | $12.89 Million | ▲ +0.0 pp |
| 2023 | 86.4% | $3.12 Million | $426.00K | $12.89 Million | — |