TCTM Kids IT Education Inc. (VSA) — Tangible Net Worth Ratio
TCTM Kids IT Education Inc. (VSA) has a Tangible Net Worth Ratio of 96.7% as of December 2018. This metric is calculated by deducting intangible assets ($19.05 Million) from net assets ($571.64 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 VSA working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
TCTM Kids IT Education Inc. Tangible Net Worth Ratio (2014–2018)
This chart shows how TCTM Kids IT Education Inc.'s Tangible Net Worth Ratio has changed across 5 annual periods from 2014 to 2018. As of December 2018, the ratio stands at 96.7%, reflecting net assets of $571.64 Million with intangible assets of $19.05 Million USD. See TCTM Kids IT Education Inc. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for TCTM Kids IT Education Inc. (2014–2018)
The table below presents the year-by-year Tangible Net Worth Ratio for TCTM Kids IT Education Inc. from 2014 to 2018, covering 5 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 the full company profile including market capitalisation, see TCTM Kids IT Education Inc. (VSA) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2018 | 96.7% | $571.64 Million | $19.05 Million | $1.88 Billion | ▼ -3.0 pp |
| 2017 | 99.6% | $1.27 Billion | $4.75 Million | $2.02 Billion | ▼ -0.4 pp |
| 2016 | 100.0% | $1.60 Billion | $0.00 | $2.09 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | $1.34 Billion | $0.00 | $1.65 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | $1.13 Billion | $0.00 | $1.35 Billion | — |