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. Also explore CNGL net assets growth trend to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see Canna Global Acquisition Corp market capitalisation.
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. See Canna Global Acquisition Corp free cash flow ratio 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) |
|---|---|---|---|---|---|
| 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 | — |