NeoVolta Inc. Common Stock (NEOV) — Tangible Net Worth Ratio
NeoVolta Inc. Common Stock (NEOV) has a Tangible Net Worth Ratio of 94.7% as of March 2026. This metric is calculated by deducting intangible assets ($1.18 Million) from net assets ($22.18 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. Also explore NeoVolta Inc. Common Stock annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
NeoVolta Inc. Common Stock Tangible Net Worth Ratio (2019–2025)
This chart shows how NeoVolta Inc. Common Stock's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 94.7%, reflecting net assets of $22.18 Million with intangible assets of $1.18 Million USD. For live market cap and overall valuation, see NeoVolta Inc. Common Stock (NEOV) market capitalisation.
Annual Tangible Net Worth Ratio for NeoVolta Inc. Common Stock (2019–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for NeoVolta Inc. Common Stock from 2019 to 2025, covering 7 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. See NEOV free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.2% | $2.91 Million | $140.54K | $6.81 Million | ▼ -4.8 pp |
| 2024 | 100.0% | $4.60 Million | $0.00 | $4.66 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $6.47 Million | $0.00 | $6.51 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $2.62 Million | $0.00 | $4.13 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $3.15 Million | $0.00 | $3.26 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $3.33 Million | $0.00 | $3.40 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $4.16 Million | $0.00 | $4.20 Million | — |