SIMPPLE LTD. Ordinary Shares (SPPL) — Tangible Net Worth Ratio
SIMPPLE LTD. Ordinary Shares (SPPL) has a Tangible Net Worth Ratio of 4.6% as of March 2026. This metric is calculated by deducting intangible assets ($3.28 Million) from net assets ($3.43 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 net asset growth rate of SIMPPLE LTD. Ordinary Shares to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
SIMPPLE LTD. Ordinary Shares Tangible Net Worth Ratio (2022–2025)
This chart shows how SIMPPLE LTD. Ordinary Shares's Tangible Net Worth Ratio has changed across 4 annual periods from 2022 to 2025. As of March 2026, the ratio stands at 4.6%, reflecting net assets of $3.43 Million with intangible assets of $3.28 Million USD. For live market cap and overall valuation, see SIMPPLE LTD. Ordinary Shares (SPPL) total market value.
Annual Tangible Net Worth Ratio for SIMPPLE LTD. Ordinary Shares (2022–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for SIMPPLE LTD. Ordinary Shares from 2022 to 2025, 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. Explore SIMPPLE LTD. Ordinary Shares capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 4.6% | $3.43 Million | $3.28 Million | $11.07 Million | ▲ +2.6 pp |
| 2024 | 2.0% | $2.45 Million | $2.40 Million | $6.62 Million | ▼ -54.4 pp |
| 2023 | 56.4% | $3.55 Million | $1.55 Million | $8.76 Million | ▲ +288.4 pp |
| 2022 | -232.0% | $323.04K | $1.07 Million | $5.83 Million | — |