Praxis Precision Medicines Inc (PRAX) — Tangible Net Worth Ratio
Praxis Precision Medicines Inc (PRAX) has a Tangible Net Worth Ratio of 100.0% as of June 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($1.34 Billion) 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 Praxis Precision Medicines Inc equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Praxis Precision Medicines Inc Tangible Net Worth Ratio (2018–2025)
This chart shows how Praxis Precision Medicines Inc's Tangible Net Worth Ratio has changed across 8 annual periods from 2018 to 2025. As of June 2026, the ratio stands at 100.0%, reflecting net assets of $1.34 Billion with intangible assets of $0.00 USD. For live market cap and overall valuation, see Praxis Precision Medicines Inc (PRAX) market capitalisation.
Annual Tangible Net Worth Ratio for Praxis Precision Medicines Inc (2018–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Praxis Precision Medicines Inc from 2018 to 2025, covering 8 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. See how financially flexible is Praxis Precision Medicines Inc to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $878.14 Million | $0.00 | $937.91 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $445.45 Million | $0.00 | $483.11 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $69.67 Million | $0.00 | $87.95 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $76.11 Million | $0.00 | $115.13 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $250.81 Million | $0.00 | $292.75 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $287.46 Million | $0.00 | $303.18 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $40.11 Million | $0.00 | $47.69 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $14.68 Million | $0.00 | $19.83 Million | — |