Tingo Group Inc. (TIO) — Tangible Net Worth Ratio
Tingo Group Inc. (TIO) has a Tangible Net Worth Ratio of 53.3% as of September 2023. This metric is calculated by deducting intangible assets ($280.94 Million) from net assets ($601.32 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. For live market cap and overall valuation, see TIO stock market capitalisation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tingo Group Inc. Tangible Net Worth Ratio (2004–2022)
This chart shows how Tingo Group Inc.'s Tangible Net Worth Ratio has changed across 19 annual periods from 2004 to 2022. As of September 2023, the ratio stands at 53.3%, reflecting net assets of $601.32 Million with intangible assets of $280.94 Million USD. Also explore TIO net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Tingo Group Inc. (2004–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Tingo Group Inc. from 2004 to 2022, covering 19 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 financial agility of Tingo Group Inc. 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) |
|---|---|---|---|---|---|
| 2022 | 86.0% | $1.33 Billion | $185.41 Million | $1.68 Billion | ▲ +0.5 pp |
| 2021 | 85.5% | $147.72 Million | $21.44 Million | $177.81 Million | ▲ +11.9 pp |
| 2020 | 73.6% | $65.70 Million | $17.37 Million | $77.73 Million | ▼ -26.4 pp |
| 2019 | 100.0% | $3.24 Million | $0.00 | $5.92 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $1.00 Million | $0.00 | $10.14 Million | ▲ +20.1 pp |
| 2017 | 79.9% | $5.97 Million | $1.20 Million | $29.73 Million | ▼ -1.0 pp |
| 2016 | 80.9% | $10.96 Million | $2.09 Million | $31.92 Million | ▼ -0.2 pp |
| 2015 | 81.1% | $17.46 Million | $3.30 Million | $40.14 Million | ▲ +2.9 pp |
| 2014 | 78.2% | $20.25 Million | $4.42 Million | $44.93 Million | ▼ -18.9 pp |
| 2013 | 97.1% | $25.60 Million | $752.00K | $42.83 Million | ▲ +5.4 pp |
| 2012 | 91.6% | $16.87 Million | $1.41 Million | $37.93 Million | ▼ -8.4 pp |
| 2011 | 100.0% | $3.61 Million | $0.00 | $12.58 Million | ▲ +0.0 pp |
| 2010 | 100.0% | $4.04 Million | $0.00 | $9.28 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $1.50 Million | $0.00 | $8.49 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $1.69 Million | $0.00 | $10.27 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $1.58 Million | $0.00 | $9.74 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $1.23 Million | $0.00 | $8.37 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $1.26 Million | $0.00 | $6.93 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $1.39 Million | $0.00 | $6.17 Million | — |