Wag! Group Co. Tangible Net Worth Ratio
Wag! Group Co. 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 PET shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Wag! Group Co. (2022–2023)
Tangible net worth ratio of Wag! Group Co. from 2022 to 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. Check PET PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Wag! Group Co. Tangible Net Worth Ratio by Year (2022–2023)
Wag! Group Co. tangible net worth ratio by year from 2022 to 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 live market cap and overall valuation, see market value of Wag! Group Co..
| 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 | — |