Sacks Parente Golf, Inc. Common Stock (SPGC) — Tangible Net Worth Ratio

Latest as of March 2025: 99.0%

Sacks Parente Golf, Inc. Common Stock (SPGC) has a Tangible Net Worth Ratio of 99.0% as of March 2025. This metric is calculated by deducting intangible assets ($59.00K) from net assets ($6.20 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 Sacks Parente Golf, Inc. Common Stock (SPGC) equity growth momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

99.0%
Tangible equity / total equity

Net Assets (Equity)

$6.20 Million
USD

Intangible Assets

$59.00K
Goodwill, patents, brand value

Total Assets

$8.23 Million
USD

Sacks Parente Golf, Inc. Common Stock Tangible Net Worth Ratio (2023–2023)

This chart shows how Sacks Parente Golf, Inc. Common Stock's Tangible Net Worth Ratio has changed across 1 annual periods from 2023 to 2023. As of March 2025, the ratio stands at 99.0%, reflecting net assets of $6.20 Million with intangible assets of $59.00K USD. For live market cap and overall valuation, see Sacks Parente Golf, Inc. Common Stock stock valuation.

Annual Tangible Net Worth Ratio for Sacks Parente Golf, Inc. Common Stock (2023–2023)

The table below presents the year-by-year Tangible Net Worth Ratio for Sacks Parente Golf, Inc. Common Stock from 2023 to 2023, covering 1 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 SPGC 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)
2023 98.1% $5.79 Million $110.00K $6.39 Million
pp = percentage points