Wag! Group Co. (PET) — Tangible Net Worth Ratio
Wag! Group Co. (PET) has a Tangible Net Worth Ratio of -207.9% as of September 2024. This metric is calculated by deducting intangible assets ($7.31 Million) from net assets ($2.38 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 net asset momentum of Wag! Group Co. to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Wag! Group Co. Tangible Net Worth Ratio (2022–2023)
This chart shows how Wag! Group Co.'s Tangible Net Worth Ratio has changed across 2 annual periods from 2022 to 2023. As of September 2024, the ratio stands at -207.9%, reflecting net assets of $2.38 Million with intangible assets of $7.31 Million USD. For live market cap and overall valuation, see Wag! Group Co. (PET) market capitalisation.
Annual Tangible Net Worth Ratio for Wag! Group Co. (2022–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Wag! Group Co. from 2022 to 2023, covering 2 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 how much does Wag! Group Co. reinvest in capital 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 | -436.3% | $1.65 Million | $8.83 Million | $46.70 Million | ▼ -509.6 pp |
| 2022 | 73.2% | $9.68 Million | $2.59 Million | $52.31 Million | — |