Canna Global Acquisition Corp (CNGL) — Tangible Net Worth Ratio
Canna Global Acquisition Corp (CNGL) has a Tangible Net Worth Ratio of 100.0% as of March 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($975.28K) 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 working capital to net assets of Canna Global Acquisition Corp to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Canna Global Acquisition Corp Tangible Net Worth Ratio (2021–2023)
This chart shows how Canna Global Acquisition Corp's Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of March 2024, the ratio stands at 100.0%, reflecting net assets of $975.28K with intangible assets of $0.00 USD. See Canna Global Acquisition Corp (CNGL) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Canna Global Acquisition Corp (2021–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Canna Global Acquisition Corp from 2021 to 2023, covering 3 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 how much is Canna Global Acquisition Corp worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | $1.10 Million | $0.00 | $12.53 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $15.33 Million | $0.00 | $24.69 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $225.82 Million | $0.00 | $234.13 Million | — |