RideNow Group, Inc. Tangible Net Worth Ratio
RideNow Group, Inc. tangible net worth ratio. RideNow Group, Inc. (RDNW) has a Tangible Net Worth Ratio of 63.2% as of June 2026. This metric is calculated by deducting intangible assets ($127.00 Million) 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 RideNow Group, 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
Tangible Net Worth Ratio of RideNow Group, Inc. (2016–2024)
Tangible net worth ratio of RideNow Group, Inc. from 2016 to 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 63.2%, reflecting net assets of $345.20 Million with intangible assets of $127.00 Million USD.
RideNow Group, Inc. Tangible Net Worth Ratio by Year (2016–2024)
RideNow Group, Inc. tangible net worth ratio by year from 2016 to 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. For live market cap and overall valuation, see RideNow Group, Inc. stock valuation.
| 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 | — |