Nuvve Holding Corp (NVVEW) — Tangible Net Worth Ratio
Nuvve Holding Corp (NVVEW) has a Tangible Net Worth Ratio of 63.5% as of September 2024. This metric is calculated by deducting intangible assets ($1.10 Million) from net assets ($3.00 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 Nuvve Holding Corp (NVVEW) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Nuvve Holding Corp Tangible Net Worth Ratio (2018–2023)
This chart shows how Nuvve Holding Corp's Tangible Net Worth Ratio has changed across 5 annual periods from 2018 to 2023. As of September 2024, the ratio stands at 63.5%, reflecting net assets of $3.00 Million with intangible assets of $1.10 Million USD. See operational self-sufficiency of Nuvve Holding Corp to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Nuvve Holding Corp (2018–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Nuvve Holding Corp from 2018 to 2023, covering 5 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 Nuvve Holding Corp stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 82.8% | $6.99 Million | $1.20 Million | $20.95 Million | ▼ -12.3 pp |
| 2022 | 95.1% | $27.24 Million | $1.34 Million | $41.20 Million | ▼ -3.1 pp |
| 2021 | 98.2% | $82.15 Million | $1.48 Million | $96.48 Million | ▲ +103.6 pp |
| 2019 | -5.4% | $1.67 Million | $1.76 Million | $4.24 Million | ▼ -60.6 pp |
| 2018 | 55.3% | $4.34 Million | $1.94 Million | $5.67 Million | — |