Kineta, Inc. (KANT) — Tangible Net Worth Ratio
Kineta, Inc. (KANT) has a Tangible Net Worth Ratio of -25.3% as of December 2023. This metric is calculated by deducting intangible assets ($3.83 Million) from net assets ($3.06 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. Also explore Kineta, Inc. equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Kineta, Inc. Tangible Net Worth Ratio (2022–2023)
This chart shows how Kineta, Inc.'s Tangible Net Worth Ratio has changed across 2 annual periods from 2022 to 2023. As of December 2023, the ratio stands at -25.3%, reflecting net assets of $3.06 Million with intangible assets of $3.83 Million USD. For live market cap and overall valuation, see market cap of Kineta, Inc..
Annual Tangible Net Worth Ratio for Kineta, Inc. (2022–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Kineta, Inc. from 2022 to 2023, 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. Explore reinvestment intensity of Kineta, Inc. to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -25.3% | $3.06 Million | $3.83 Million | $10.28 Million | ▼ -76.0 pp |
| 2022 | 50.8% | $4.57 Million | $2.25 Million | $17.43 Million | — |