SunPower Corporation (SPWRQ) — Tangible Net Worth Ratio
SunPower Corporation (SPWRQ) has a Tangible Net Worth Ratio of 95.3% as of September 2023. This metric is calculated by deducting intangible assets ($19.83 Million) from net assets ($423.54 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 SunPower Corporation shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
SunPower Corporation Tangible Net Worth Ratio (2019–2022)
This chart shows how SunPower Corporation's Tangible Net Worth Ratio has changed across 4 annual periods from 2019 to 2022. As of September 2023, the ratio stands at 95.3%, reflecting net assets of $423.54 Million with intangible assets of $19.83 Million USD. Also explore SunPower Corporation (SPWRQ) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for SunPower Corporation (2019–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for SunPower Corporation from 2019 to 2022, 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 SPWRQ market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 95.6% | $556.04 Million | $24.19 Million | $1.76 Billion | ▲ +2.1 pp |
| 2021 | 93.5% | $383.60 Million | $24.88 Million | $1.56 Billion | ▼ -6.3 pp |
| 2020 | 99.8% | $406.49 Million | $697.00K | $1.65 Billion | ▲ +34.6 pp |
| 2019 | 65.3% | $21.50 Million | $7.47 Million | $2.17 Billion | — |