Petros Pharmaceuticals Inc Tangible Net Worth Ratio
Petros Pharmaceuticals Inc tangible net worth ratio. Petros Pharmaceuticals Inc (PTPI) has a Tangible Net Worth Ratio of -119.0% as of September 2024. This metric is calculated by deducting intangible assets ($6.83 Million) from net assets ($3.12 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. Check how strategically is Petros Pharmaceuticals Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Petros Pharmaceuticals Inc (2019–2023)
Tangible net worth ratio of Petros Pharmaceuticals Inc from 2019 to 2023. This chart shows how Petros Pharmaceuticals Inc's Tangible Net Worth Ratio has changed across 5 annual periods from 2019 to 2023. As of September 2024, the ratio stands at -119.0%, reflecting net assets of $3.12 Million with intangible assets of $6.83 Million USD. See working capital position of Petros Pharmaceuticals Inc to evaluate short-term liquidity relative to the company's equity base.
Petros Pharmaceuticals Inc Tangible Net Worth Ratio by Year (2019–2023)
Petros Pharmaceuticals Inc tangible net worth ratio by year from 2019 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Petros Pharmaceuticals Inc from 2019 to 2023, covering 5 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 Petros Pharmaceuticals Inc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 28.1% | $12.48 Million | $8.97 Million | $33.80 Million | ▲ +1.4 pp |
| 2022 | 26.7% | $16.70 Million | $12.24 Million | $32.42 Million | ▼ -2.2 pp |
| 2021 | 28.8% | $35.54 Million | $25.29 Million | $67.39 Million | ▲ +112.9 pp |
| 2020 | -84.1% | $17.47 Million | $32.16 Million | $69.85 Million | ▲ +299.9 pp |
| 2019 | -384.0% | $8.02 Million | $38.81 Million | $58.37 Million | — |