Technology & Telecommunication (TETE) — Tangible Net Worth Ratio
Technology & Telecommunication (TETE) has a Tangible Net Worth Ratio of 100.0% as of November 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($22.36 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 Technology & Telecommunication to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Technology & Telecommunication Tangible Net Worth Ratio (2022–2024)
This chart shows how Technology & Telecommunication's Tangible Net Worth Ratio has changed across 3 annual periods from 2022 to 2024. As of November 2024, the ratio stands at 100.0%, reflecting net assets of $22.36 Million with intangible assets of $0.00 USD. For live market cap and overall valuation, see TETE stock market capitalisation.
Annual Tangible Net Worth Ratio for Technology & Telecommunication (2022–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Technology & Telecommunication from 2022 to 2024, 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 Technology & Telecommunication free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | $22.36 Million | $0.00 | $31.75 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $26.61 Million | $0.00 | $33.77 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $114.41 Million | $0.00 | $118.54 Million | — |