Mitek Systems Inc Tangible Net Worth Ratio
Mitek Systems Inc tangible net worth ratio. Mitek Systems Inc (MITK) has a Tangible Net Worth Ratio of 88.2% as of June 2026. This metric is calculated by deducting intangible assets ($29.45 Million) from net assets ($250.52 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. Check MITK strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Mitek Systems Inc (1988–2025)
Tangible net worth ratio of Mitek Systems Inc from 1988 to 2025. This chart shows how Mitek Systems Inc's Tangible Net Worth Ratio has changed across 38 annual periods from 1988 to 2025. As of June 2026, the ratio stands at 88.2%, reflecting net assets of $250.52 Million with intangible assets of $29.45 Million USD. See Mitek Systems Inc (MITK) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Mitek Systems Inc Tangible Net Worth Ratio by Year (1988–2025)
Mitek Systems Inc tangible net worth ratio by year from 1988 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Mitek Systems Inc from 1988 to 2025, covering 38 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 live market cap and overall valuation, see MITK market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 83.4% | $240.26 Million | $39.80 Million | $459.11 Million | ▲ +8.6 pp |
| 2024 | 74.8% | $214.80 Million | $54.14 Million | $413.75 Million | ▲ +6.3 pp |
| 2023 | 68.5% | $205.19 Million | $64.67 Million | $405.38 Million | ▲ +13.0 pp |
| 2022 | 55.5% | $170.32 Million | $75.76 Million | $360.41 Million | ▼ -29.6 pp |
| 2021 | 85.1% | $192.83 Million | $28.73 Million | $419.69 Million | ▼ -0.3 pp |
| 2020 | 85.4% | $132.24 Million | $19.29 Million | $169.15 Million | ▲ +8.2 pp |
| 2019 | 77.3% | $107.33 Million | $24.41 Million | $135.90 Million | ▲ +11.8 pp |
| 2018 | 65.5% | $95.39 Million | $32.95 Million | $127.15 Million | ▼ -30.8 pp |
| 2017 | 96.3% | $61.41 Million | $2.30 Million | $71.72 Million | ▲ +3.3 pp |
| 2016 | 93.0% | $39.48 Million | $2.78 Million | $48.38 Million | ▲ +4.1 pp |
| 2015 | 88.8% | $30.43 Million | $3.40 Million | $38.75 Million | ▼ -11.2 pp |
| 2014 | 100.0% | $23.94 Million | $0.00 | $31.10 Million | ▲ +0.0 pp |
| 2013 | 100.0% | $25.73 Million | $0.00 | $32.85 Million | ▲ +0.0 pp |
| 2012 | 100.0% | $13.56 Million | $0.00 | $16.72 Million | ▲ +16.4 pp |
| 2011 | 83.6% | $18.06 Million | $2.96 Million | $19.85 Million | ▲ +6.5 pp |
| 2010 | 77.2% | $1.00 Million | $228.60K | $3.01 Million | ▲ +268.0 pp |
| 2009 | -190.8% | $125.77K | $365.75K | $1.60 Million | ▼ -264.7 pp |
| 2008 | 73.9% | $1.33 Million | $347.74K | $2.78 Million | ▼ -26.1 pp |
| 2007 | 100.0% | $1.86 Million | $0.00 | $2.85 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $2.02 Million | $0.00 | $3.74 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $1.05 Million | $0.00 | $3.55 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $2.57 Million | $0.00 | $5.64 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $2.57 Million | $0.00 | $5.64 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $5.03 Million | $0.00 | $8.23 Million | ▲ +0.0 pp |
| 2001 | 100.0% | $4.56 Million | $0.00 | $6.62 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $4.89 Million | $0.00 | $7.77 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $5.60 Million | $0.00 | $7.40 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $4.30 Million | $0.00 | $6.10 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $5.80 Million | $0.00 | $7.20 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $2.70 Million | $0.00 | $3.80 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $1.30 Million | $0.00 | $2.90 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $800.00K | $0.00 | $3.10 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $1.80 Million | $0.00 | $5.10 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $2.70 Million | $0.00 | $6.30 Million | ▲ +0.0 pp |
| 1991 | 100.0% | $2.70 Million | $0.00 | $12.20 Million | ▲ +0.0 pp |
| 1990 | 100.0% | $1.80 Million | $0.00 | $13.60 Million | ▲ +0.0 pp |
| 1989 | 100.0% | $1.20 Million | $0.00 | $8.10 Million | ▲ +0.0 pp |
| 1988 | 100.0% | $800.00K | $0.00 | $7.20 Million | — |