RideNow Group, Inc. (RDNW) — Tangible Net Worth Ratio
RideNow Group, Inc. (RDNW) 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 ($345.20 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 how fast is RideNow Group, Inc. growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
RideNow Group, Inc. Tangible Net Worth Ratio (2016–2024)
This chart shows how RideNow Group, Inc.'s Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of June 2026, the ratio stands at 100.0%, reflecting net assets of $345.20 Million with intangible assets of $0.00 USD. For live market cap and overall valuation, see RideNow Group, Inc. market cap and net worth.
Annual Tangible Net Worth Ratio for RideNow Group, Inc. (2016–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for RideNow Group, Inc. from 2016 to 2024, covering 9 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 RDNW capex reinvestment rate 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 | -339.0% | $36.70 Million | $161.10 Million | $755.20 Million | ▼ -247.2 pp |
| 2023 | -91.8% | $105.60 Million | $202.50 Million | $926.30 Million | ▼ -71.7 pp |
| 2022 | -20.1% | $206.01 Million | $247.41 Million | $1.03 Billion | ▼ -50.1 pp |
| 2021 | 30.0% | $431.29 Million | $302.07 Million | $1.05 Billion | ▼ -69.0 pp |
| 2020 | 99.0% | $4.57 Million | $46.00K | $76.98 Million | ▼ -0.7 pp |
| 2019 | 99.6% | $12.89 Million | $45.52K | $113.39 Million | ▼ 0.0 pp |
| 2018 | 99.7% | $30.82 Million | $102.18K | $108.93 Million | ▲ +0.0 pp |
| 2017 | 99.6% | $14.37 Million | $50.69K | $18.15 Million | ▲ +3.8 pp |
| 2016 | 95.8% | $1.09 Million | $45.52K | $1.40 Million | — |