TPI Composites Inc Tangible Net Worth Ratio
TPI Composites Inc tangible net worth ratio. TPI Composites Inc (TPIC) has a Tangible Net Worth Ratio of 93.5% as of December 2022. This metric is calculated by deducting intangible assets ($3.26 Million) from net assets ($50.49 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. Check TPI Composites Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of TPI Composites Inc (2012–2022)
Tangible net worth ratio of TPI Composites Inc from 2012 to 2022. This chart shows how TPI Composites Inc's Tangible Net Worth Ratio has changed across 8 annual periods from 2012 to 2022. As of December 2022, the ratio stands at 93.5%, reflecting net assets of $50.49 Million with intangible assets of $3.26 Million USD. See TPIC working capital ratio to evaluate short-term liquidity relative to the company's equity base.
TPI Composites Inc Tangible Net Worth Ratio by Year (2012–2022)
TPI Composites Inc tangible net worth ratio by year from 2012 to 2022. The table below presents the year-by-year Tangible Net Worth Ratio for TPI Composites Inc from 2012 to 2022, covering 8 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 TPIC market cap.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 93.5% | $50.49 Million | $3.26 Million | $962.18 Million | ▼ -5.1 pp |
| 2021 | 98.6% | $250.97 Million | $3.54 Million | $1.01 Billion | ▲ +1.4 pp |
| 2020 | 97.1% | $201.03 Million | $5.73 Million | $956.26 Million | ▼ -0.1 pp |
| 2019 | 97.2% | $205.05 Million | $5.69 Million | $826.68 Million | ▲ +0.3 pp |
| 2018 | 96.9% | $220.96 Million | $6.84 Million | $604.86 Million | ▼ -1.9 pp |
| 2017 | 98.8% | $160.62 Million | $1.86 Million | $573.53 Million | ▲ +0.6 pp |
| 2016 | 98.2% | $106.51 Million | $1.91 Million | $437.21 Million | ▲ +45.6 pp |
| 2012 | 52.6% | $5.70 Million | $2.70 Million | $82.40 Million | — |