Toughbuilt Industries Inc Tangible Net Worth Ratio
Toughbuilt Industries Inc tangible net worth ratio. Toughbuilt Industries Inc (TBLT) has a Tangible Net Worth Ratio of 78.4% as of September 2023. This metric is calculated by deducting intangible assets ($1.78 Million) from net assets ($8.27 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 TBLT 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
Tangible Net Worth Ratio of Toughbuilt Industries Inc (2019–2022)
Tangible net worth ratio of Toughbuilt Industries Inc from 2019 to 2022. This chart shows how Toughbuilt Industries Inc's Tangible Net Worth Ratio has changed across 4 annual periods from 2019 to 2022. As of September 2023, the ratio stands at 78.4%, reflecting net assets of $8.27 Million with intangible assets of $1.78 Million USD. Check TBLT PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Toughbuilt Industries Inc Tangible Net Worth Ratio by Year (2019–2022)
Toughbuilt Industries Inc tangible net worth ratio by year from 2019 to 2022. The table below presents the year-by-year Tangible Net Worth Ratio for Toughbuilt Industries Inc 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 live market cap and overall valuation, see TBLT market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 95.1% | $29.71 Million | $1.46 Million | $83.92 Million | ▼ -3.8 pp |
| 2021 | 98.9% | $57.90 Million | $615.44K | $78.95 Million | ▼ -1.1 pp |
| 2020 | 100.0% | $19.35 Million | $0.00 | $27.49 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $3.23 Million | $0.00 | $10.47 Million | — |