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. See Springwater Special Situations Corp 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
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. Also explore Springwater Special Situations Corp equity growth rate to track the company's year-over-year net asset growth rate.
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. For the full company profile including market capitalisation, see market cap of Springwater Special Situations Corp.
| 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 | — |