Springwater Special Situations Corp (SWSS) — Tangible Net Worth Ratio
Springwater Special Situations Corp (SWSS) has a Tangible Net Worth Ratio of 100.0% as of March 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($14.58 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 SWSS shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Springwater Special Situations Corp Tangible Net Worth Ratio (2020–2022)
This chart shows how Springwater Special Situations Corp's Tangible Net Worth Ratio has changed across 3 annual periods from 2020 to 2022. As of March 2024, the ratio stands at 100.0%, reflecting net assets of $14.58 Million with intangible assets of $0.00 USD. For live market cap and overall valuation, see SWSS market cap overview.
Annual Tangible Net Worth Ratio for Springwater Special Situations Corp (2020–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Springwater Special Situations Corp from 2020 to 2022, 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. See cash generation quality of Springwater Special Situations Corp to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 100.0% | $174.70 Million | $0.00 | $175.49 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $173.86 Million | $0.00 | $174.10 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $26.28K | $0.00 | $32.73K | — |