Renovaro Biosciences Inc (RENB) — Tangible Net Worth Ratio
Renovaro Biosciences Inc (RENB) has a Tangible Net Worth Ratio of 100.0% as of March 2025. This metric is calculated by deducting intangible assets ($16.17K) from net assets ($88.39 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 RENB net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Renovaro Biosciences Inc Tangible Net Worth Ratio (2015–2025)
This chart shows how Renovaro Biosciences Inc's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2025. As of March 2025, the ratio stands at 100.0%, reflecting net assets of $88.39 Million with intangible assets of $16.17K USD. For live market cap and overall valuation, see Renovaro Biosciences Inc market capitalisation.
Annual Tangible Net Worth Ratio for Renovaro Biosciences Inc (2015–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Renovaro Biosciences Inc from 2015 to 2025, covering 10 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 RENB free cash flow debt coverage 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% | $131.98 Million | $30.04K | $163.13 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $131.98 Million | $30.04K | $163.13 Million | ▲ +91.7 pp |
| 2023 | 8.3% | $46.50 Million | $42.65 Million | $58.30 Million | ▼ -6.9 pp |
| 2022 | 15.2% | $72.62 Million | $61.62 Million | $84.63 Million | ▲ +3.8 pp |
| 2021 | 11.3% | $174.66 Million | $154.89 Million | $189.61 Million | ▲ +4.5 pp |
| 2020 | 6.8% | $166.27 Million | $154.90 Million | $178.10 Million | ▼ -3.7 pp |
| 2019 | 10.5% | $173.10 Million | $154.92 Million | $179.88 Million | ▲ +6.3 pp |
| 2018 | 4.2% | $158.74 Million | $152.10 Million | $182.50 Million | ▼ -87.7 pp |
| 2017 | 91.9% | $1.53 Million | $124.39K | $4.52 Million | ▼ -2.8 pp |
| 2015 | 94.6% | $3.48 Million | $186.41K | $5.24 Million | — |