MaxsMaking Inc. Class A Ordinary Shares (MAMK) — Tangible Net Worth Ratio
MaxsMaking Inc. Class A Ordinary Shares (MAMK) has a Tangible Net Worth Ratio of 99.9% as of October 2024. This metric is calculated by deducting intangible assets ($7.43K) from net assets ($8.27 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 MaxsMaking Inc. Class A Ordinary Shares shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
MaxsMaking Inc. Class A Ordinary Shares Tangible Net Worth Ratio (2022–2024)
This chart shows how MaxsMaking Inc. Class A Ordinary Shares's Tangible Net Worth Ratio has changed across 3 annual periods from 2022 to 2024. As of October 2024, the ratio stands at 99.9%, reflecting net assets of $8.27 Million with intangible assets of $7.43K USD. Also explore MaxsMaking Inc. Class A Ordinary Shares equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for MaxsMaking Inc. Class A Ordinary Shares (2022–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for MaxsMaking Inc. Class A Ordinary Shares from 2022 to 2024, 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 how much is MaxsMaking Inc. Class A Ordinary Shares worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.9% | $8.27 Million | $7.43K | $17.67 Million | ▲ +0.1 pp |
| 2023 | 99.8% | $5.56 Million | $8.39K | $12.77 Million | ▲ +0.1 pp |
| 2022 | 99.7% | $3.62 Million | $9.40K | $14.39 Million | — |