Snail, Inc. Class A Common Stock (SNAL) — Tangible Net Worth Ratio
Snail, Inc. Class A Common Stock (SNAL) has a Tangible Net Worth Ratio of 40.1% as of March 2025. This metric is calculated by deducting intangible assets ($2.16 Million) from net assets ($3.60 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. See Snail, Inc. Class A Common Stock current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Snail, Inc. Class A Common Stock Tangible Net Worth Ratio (2019–2024)
This chart shows how Snail, Inc. Class A Common Stock's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of March 2025, the ratio stands at 40.1%, reflecting net assets of $3.60 Million with intangible assets of $2.16 Million USD. See SNAL days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Snail, Inc. Class A Common Stock (2019–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Snail, Inc. Class A Common Stock from 2019 to 2024, covering 6 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 Snail, Inc. Class A Common Stock (SNAL) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 76.6% | $4.17 Million | $973.91K | $62.19 Million | ▼ -13.7 pp |
| 2023 | 90.3% | $2.80 Million | $271.72K | $90.86 Million | ▲ +8.0 pp |
| 2022 | 82.3% | $9.36 Million | $1.66 Million | $72.77 Million | ▲ +75.0 pp |
| 2021 | 7.3% | $10.05 Million | $9.32 Million | $80.09 Million | ▲ +11.9 pp |
| 2020 | -4.6% | $34.34 Million | $35.90 Million | $123.62 Million | ▲ +61.2 pp |
| 2019 | -65.8% | $30.73 Million | $50.93 Million | $114.45 Million | — |