NWTN Inc. Class B Ordinary Shares (NWTN) — Tangible Net Worth Ratio
NWTN Inc. Class B Ordinary Shares (NWTN) has a Tangible Net Worth Ratio of 99.9% as of June 2024. This metric is calculated by deducting intangible assets ($33.00K) from net assets ($27.91 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 NWTN working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
NWTN Inc. Class B Ordinary Shares Tangible Net Worth Ratio (2018–2023)
This chart shows how NWTN Inc. Class B Ordinary Shares's Tangible Net Worth Ratio has changed across 4 annual periods from 2018 to 2023. As of June 2024, the ratio stands at 99.9%, reflecting net assets of $27.91 Million with intangible assets of $33.00K USD. See NWTN Inc. Class B Ordinary Shares defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for NWTN Inc. Class B Ordinary Shares (2018–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for NWTN Inc. Class B Ordinary Shares from 2018 to 2023, covering 4 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 NWTN Inc. Class B Ordinary Shares stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | $60.93 Million | $0.00 | $166.25 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $278.23 Million | $6.57K | $350.21 Million | ▼ 0.0 pp |
| 2019 | 100.0% | $138.98 Million | $0.00 | $139.42 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $10.17K | $0.00 | $145.22K | — |