Luminar Technologies Inc. Class A (LAZRQ) — Tangible Net Worth Ratio

Latest as of September 2022: 47.0%

Luminar Technologies Inc. Class A (LAZRQ) has a Tangible Net Worth Ratio of 47.0% as of September 2022. This metric is calculated by deducting intangible assets ($22.77 Million) from net assets ($42.96 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 Luminar Technologies Inc. Class A working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

47.0%
Tangible equity / total equity

Net Assets (Equity)

$42.96 Million
USD

Intangible Assets

$22.77 Million
Goodwill, patents, brand value

Total Assets

$742.51 Million
USD

Luminar Technologies Inc. Class A Tangible Net Worth Ratio (2018–2021)

This chart shows how Luminar Technologies Inc. Class A's Tangible Net Worth Ratio has changed across 3 annual periods from 2018 to 2021. As of September 2022, the ratio stands at 47.0%, reflecting net assets of $42.96 Million with intangible assets of $22.77 Million USD. See Luminar Technologies Inc. Class A defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Luminar Technologies Inc. Class A (2018–2021)

The table below presents the year-by-year Tangible Net Worth Ratio for Luminar Technologies Inc. Class A from 2018 to 2021, covering 3 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 LAZRQ company net worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2021 98.8% $197.99 Million $2.42 Million $883.54 Million ▼ -1.2 pp
2020 100.0% $148.74 Million $0.00 $510.35 Million ▲ +0.0 pp
2018 100.0% $3.02K $0.00 $489.86K
pp = percentage points