NextNRG Inc. Tangible Net Worth Ratio

Latest as of December 2024: -134.4%

NextNRG Inc. tangible net worth ratio. NextNRG Inc. (NXXT) has a Tangible Net Worth Ratio of -134.4% as of December 2024. This metric is calculated by deducting intangible assets ($5.05 Million) from net assets ($2.16 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 net asset quality index of NextNRG Inc. to measure how much of total assets are equity-financed.

Tangible NW Ratio

-134.4%
Tangible equity / total equity

Net Assets (Equity)

$2.16 Million
USD

Intangible Assets

$5.05 Million
Goodwill, patents, brand value

Total Assets

$12.18 Million
USD

Tangible Net Worth Ratio of NextNRG Inc. (2019–2024)

Tangible net worth ratio of NextNRG Inc. from 2019 to 2024. This chart shows how NextNRG Inc.'s Tangible Net Worth Ratio has changed across 4 annual periods from 2019 to 2024. As of December 2024, the ratio stands at -134.4%, reflecting net assets of $2.16 Million with intangible assets of $5.05 Million USD. See NXXT net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

NextNRG Inc. Tangible Net Worth Ratio by Year (2019–2024)

NextNRG Inc. tangible net worth ratio by year from 2019 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for NextNRG Inc. from 2019 to 2024, 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 live market cap and overall valuation, see NXXT company net worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2024 -134.4% $2.16 Million $5.05 Million $12.18 Million ▼ -234.4 pp
2022 100.0% $5.79 Million $0.00 $10.60 Million ▲ +14.8 pp
2021 85.2% $21.87 Million $3.23 Million $22.92 Million ▲ +129.0 pp
2019 -43.8% $437.46K $628.98K $1.20 Million —
pp = percentage points