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. See PET net assets for net asset value and shareholders' equity analysis.
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. Also explore net asset growth rate of Wag! Group Co. to track the company's year-over-year net asset growth rate.
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. For the full company profile including market capitalisation, see PET stock market capitalisation.
| 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 | — |