Ruanyun Edai Technology Inc. Ordinary shares (RYET) — Tangible Net Worth Ratio
Ruanyun Edai Technology Inc. Ordinary shares (RYET) has a Tangible Net Worth Ratio of -1126.1% as of March 2024. This metric is calculated by deducting intangible assets ($357.26K) from net assets ($29.14K) 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. See how liquid is Ruanyun Edai Technology Inc. Ordinary sh's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ruanyun Edai Technology Inc. Ordinary shares Tangible Net Worth Ratio (2021–2024)
This chart shows how Ruanyun Edai Technology Inc. Ordinary shares's Tangible Net Worth Ratio has changed across 4 annual periods from 2021 to 2024. As of March 2024, the ratio stands at -1126.1%, reflecting net assets of $29.14K with intangible assets of $357.26K USD. See Ruanyun Edai Technology Inc. Ordinary sh liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Ruanyun Edai Technology Inc. Ordinary shares (2021–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Ruanyun Edai Technology Inc. Ordinary shares from 2021 to 2024, covering 4 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 the full company profile including market capitalisation, see market cap of Ruanyun Edai Technology Inc. Ordinary sh.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -1126.1% | $29.14K | $357.26K | $5.22 Million | ▼ -1192.3 pp |
| 2023 | 66.3% | $2.15 Million | $726.36K | $8.03 Million | ▼ -10.7 pp |
| 2022 | 76.9% | $3.68 Million | $847.62K | $11.06 Million | ▲ +9.5 pp |
| 2021 | 67.4% | $4.28 Million | $1.39 Million | $8.83 Million | — |