Kineta, Inc. (KANT) — Tangible Net Worth Ratio

Latest as of December 2023: -25.3%

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. See Kineta, Inc. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-25.3%
Tangible equity / total equity

Net Assets (Equity)

$3.06 Million
USD

Intangible Assets

$3.83 Million
Goodwill, patents, brand value

Total Assets

$10.28 Million
USD

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. Also explore Kineta, Inc. (KANT) net asset momentum to track the company's year-over-year net asset growth rate.

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. For the full company profile including market capitalisation, see Kineta, Inc. (KANT) total market value.

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
pp = percentage points