OncoCyte Corp (OCX) — Tangible Net Worth Ratio

Latest as of March 2025: -42.9%

OncoCyte Corp (OCX) has a Tangible Net Worth Ratio of -42.9% as of March 2025. This metric is calculated by deducting intangible assets ($14.60 Million) from net assets ($10.22 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 working capital position of OncoCyte Corp to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-42.9%
Tangible equity / total equity

Net Assets (Equity)

$10.22 Million
USD

Intangible Assets

$14.60 Million
Goodwill, patents, brand value

Total Assets

$60.36 Million
USD

OncoCyte Corp Tangible Net Worth Ratio (2013–2023)

This chart shows how OncoCyte Corp's Tangible Net Worth Ratio has changed across 10 annual periods from 2013 to 2023. As of March 2025, the ratio stands at -42.9%, reflecting net assets of $10.22 Million with intangible assets of $14.60 Million USD. See OncoCyte Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for OncoCyte Corp (2013–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for OncoCyte Corp from 2013 to 2023, covering 10 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 OCX market cap.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2023 -121.1% $25.59 Million $56.59 Million $74.89 Million ▼ -41.4 pp
2022 -79.7% $34.29 Million $61.63 Million $100.09 Million ▼ -39.8 pp
2021 -39.9% $65.22 Million $91.25 Million $159.56 Million ▼ -95.1 pp
2020 55.2% $33.48 Million $15.01 Million $55.42 Million ▼ -44.8 pp
2019 100.0% $30.84 Million $0.00 $39.86 Million ▲ +0.0 pp
2018 100.0% $3.42 Million $0.00 $9.52 Million ▲ +16.9 pp
2017 83.1% $4.40 Million $746.00K $10.22 Million ▼ -6.9 pp
2016 90.0% $9.86 Million $988.00K $14.45 Million ▲ +1.8 pp
2015 88.2% $10.42 Million $1.23 Million $12.73 Million ▲ +35.6 pp
2013 52.6% $3.62 Million $1.71 Million $8.29 Million
pp = percentage points