Purple Innovation Inc (PRPL) — Tangible Net Worth Ratio
Purple Innovation Inc (PRPL) has a Tangible Net Worth Ratio of -517.7% as of March 2025. This metric is calculated by deducting intangible assets ($8.21 Million) from net assets ($1.33 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 PRPL year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Purple Innovation Inc Tangible Net Worth Ratio (2015–2024)
This chart shows how Purple Innovation Inc's Tangible Net Worth Ratio has changed across 8 annual periods from 2015 to 2024. As of March 2025, the ratio stands at -517.7%, reflecting net assets of $1.33 Million with intangible assets of $8.21 Million USD. For live market cap and overall valuation, see Purple Innovation Inc market cap and net worth.
Annual Tangible Net Worth Ratio for Purple Innovation Inc (2015–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Purple Innovation Inc from 2015 to 2024, 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. Explore Purple Innovation Inc capital spending ratio 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) |
|---|---|---|---|---|---|
| 2024 | 56.0% | $20.21 Million | $8.89 Million | $307.85 Million | ▼ -24.8 pp |
| 2023 | 80.8% | $115.61 Million | $22.20 Million | $390.62 Million | ▼ -4.2 pp |
| 2022 | 85.0% | $175.17 Million | $26.22 Million | $433.33 Million | ▼ -6.0 pp |
| 2021 | 91.0% | $146.54 Million | $13.20 Million | $642.47 Million | ▲ +5.7 pp |
| 2020 | 85.3% | $67.54 Million | $9.95 Million | $554.73 Million | ▼ -13.6 pp |
| 2017 | 98.9% | $116.48 Million | $1.27 Million | $122.28 Million | ▼ -1.0 pp |
| 2016 | 99.9% | $149.29 Million | $130.00K | $155.82 Million | ▼ -0.1 pp |
| 2015 | 100.0% | $151.62 Million | $0.00 | $156.47 Million | — |