Xos Inc (XOS) — Tangible Net Worth Ratio
Xos Inc (XOS) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($31.06 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 how fast is Xos Inc growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Xos Inc Tangible Net Worth Ratio (2021–2024)
This chart shows how Xos Inc's Tangible Net Worth Ratio has changed across 4 annual periods from 2021 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of $31.06 Million with intangible assets of $0.00 USD. For live market cap and overall valuation, see Xos Inc (XOS) total market value.
Annual Tangible Net Worth Ratio for Xos Inc (2021–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Xos 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. See Xos Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | $33.61 Million | $0.00 | $98.33 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $45.20 Million | $0.00 | $93.68 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $112.08 Million | $0.00 | $189.94 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $174.39 Million | $0.00 | $228.71 Million | — |