Tenon Medical Inc (TNON) — Tangible Net Worth Ratio
Tenon Medical Inc (TNON) has a Tangible Net Worth Ratio of 75.2% as of March 2026. This metric is calculated by deducting intangible assets ($470.00K) from net assets ($1.90 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 Tenon Medical Inc net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tenon Medical Inc Tangible Net Worth Ratio (2022–2025)
This chart shows how Tenon Medical Inc's Tangible Net Worth Ratio has changed across 4 annual periods from 2022 to 2025. As of March 2026, the ratio stands at 75.2%, reflecting net assets of $1.90 Million with intangible assets of $470.00K USD. For live market cap and overall valuation, see TNON market cap.
Annual Tangible Net Worth Ratio for Tenon Medical Inc (2022–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Tenon Medical Inc from 2022 to 2025, 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. See Tenon Medical Inc leverage flexibility 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) |
|---|---|---|---|---|---|
| 2025 | 90.4% | $5.04 Million | $485.00K | $10.76 Million | ▼ -9.6 pp |
| 2024 | 100.0% | $5.97 Million | $0.00 | $9.84 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $778.00K | $0.00 | $6.34 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $6.25 Million | $0.00 | $11.09 Million | — |