Micware Co., Ltd. American Depositary Shares (MWC) — Tangible Net Worth Ratio
Micware Co., Ltd. American Depositary Shares (MWC) has a Tangible Net Worth Ratio of 97.3% as of August 2025. This metric is calculated by deducting intangible assets ($202.59 Million) from net assets ($7.52 Billion) 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 Micware Co., Ltd. American Depositary Sh cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Micware Co., Ltd. American Depositary Shares Tangible Net Worth Ratio (2024–2025)
This chart shows how Micware Co., Ltd. American Depositary Shares's Tangible Net Worth Ratio has changed across 2 annual periods from 2024 to 2025. As of August 2025, the ratio stands at 97.3%, reflecting net assets of $7.52 Billion with intangible assets of $202.59 Million USD. See MWC book value for net asset value and shareholders' equity analysis.
Annual Tangible Net Worth Ratio for Micware Co., Ltd. American Depositary Shares (2024–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Micware Co., Ltd. American Depositary Shares from 2024 to 2025, 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 market cap of Micware Co., Ltd. American Depositary Sh.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.7% | $6.71 Billion | $87.77 Million | $22.97 Billion | ▲ +1.0 pp |
| 2024 | 97.7% | $4.58 Billion | $105.49 Million | $15.71 Billion | — |