Technology & Telecommunication Tangible Net Worth Ratio

Latest as of November 2024: 100.0%

Technology & Telecommunication 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. See Technology & Telecommunication balance sheet quality to measure how much of total assets are equity-financed.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$22.36 Million
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$31.75 Million
USD

Tangible Net Worth Ratio of Technology & Telecommunication (2022–2024)

Tangible net worth ratio of Technology & Telecommunication from 2022 to 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. See working capital position of Technology & Telecommunication to evaluate short-term liquidity relative to the company's equity base.

Technology & Telecommunication Tangible Net Worth Ratio by Year (2022–2024)

Technology & Telecommunication tangible net worth ratio by year from 2022 to 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. For live market cap and overall valuation, see Technology & Telecommunication market capitalisation.

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 —
pp = percentage points