Shimmick Corporation Common Stock (SHIM) — Tangible Net Worth Ratio
Shimmick Corporation Common Stock (SHIM) has a Tangible Net Worth Ratio of -651.5% as of September 2024. This metric is calculated by deducting intangible assets ($7.31 Million) from net assets ($973.00K) 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 SHIM 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
Shimmick Corporation Common Stock Tangible Net Worth Ratio (2021–2023)
This chart shows how Shimmick Corporation Common Stock's Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of September 2024, the ratio stands at -651.5%, reflecting net assets of $973.00K with intangible assets of $7.31 Million USD. Check asset allocation strategy of Shimmick Corporation Common Stock to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Shimmick Corporation Common Stock (2021–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Shimmick Corporation Common Stock from 2021 to 2023, covering 3 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 SHIM company net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 86.9% | $70.49 Million | $9.24 Million | $426.65 Million | ▲ +0.0 pp |
| 2022 | 86.9% | $70.49 Million | $9.24 Million | $426.65 Million | ▲ +18.1 pp |
| 2021 | 68.8% | $47.02 Million | $14.68 Million | $492.00 Million | — |