Nuvve Holding Corp Tangible Net Worth Ratio

Latest as of September 2024: 63.5%

Nuvve Holding Corp 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. Check strategic asset allocation of Nuvve Holding Corp to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

63.5%
Tangible equity / total equity

Net Assets (Equity)

$3.00 Million
USD

Intangible Assets

$1.10 Million
Goodwill, patents, brand value

Total Assets

$18.34 Million
USD

Tangible Net Worth Ratio of Nuvve Holding Corp (2018–2023)

Tangible net worth ratio of Nuvve Holding Corp from 2018 to 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 working capital to net assets of Nuvve Holding Corp to evaluate short-term liquidity relative to the company's equity base.

Nuvve Holding Corp Tangible Net Worth Ratio by Year (2018–2023)

Nuvve Holding Corp tangible net worth ratio by year from 2018 to 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 live market cap and overall valuation, see NVVEW market cap overview.

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 —
pp = percentage points