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. Also explore NWTN year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see NWTN market cap.
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. Explore NWTN Inc. Class B Ordinary Shares capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |