Urban-Gro Inc (UGRO) — Tangible Net Worth Ratio
Urban-Gro Inc (UGRO) has a Tangible Net Worth Ratio of -19.8% as of December 2024. This metric is calculated by deducting intangible assets ($2.87 Million) from net assets ($2.39 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 UGRO year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Urban-Gro Inc Tangible Net Worth Ratio (2021–2024)
This chart shows how Urban-Gro Inc's Tangible Net Worth Ratio has changed across 4 annual periods from 2021 to 2024. As of December 2024, the ratio stands at -19.8%, reflecting net assets of $2.39 Million with intangible assets of $2.87 Million USD. For live market cap and overall valuation, see how much is Urban-Gro Inc worth.
Annual Tangible Net Worth Ratio for Urban-Gro Inc (2021–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Urban-Gro Inc from 2021 to 2024, 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. Explore Urban-Gro Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 78.1% | $20.07 Million | $4.39 Million | $64.38 Million | ▲ +0.0 pp |
| 2023 | 78.1% | $20.07 Million | $4.39 Million | $64.38 Million | ▼ -4.5 pp |
| 2022 | 82.6% | $31.32 Million | $5.45 Million | $60.29 Million | ▼ -14.1 pp |
| 2021 | 96.7% | $48.17 Million | $1.58 Million | $74.16 Million | — |