Canna Global Acquisition Corp Tangible Net Worth Ratio

Latest as of March 2024: 100.0%

Canna Global Acquisition Corp 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 Canna Global Acquisition Corp balance sheet independence to measure how much of total assets are equity-financed.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$975.28K
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$12.83 Million
USD

Tangible Net Worth Ratio of Canna Global Acquisition Corp (2021–2023)

Tangible net worth ratio of Canna Global Acquisition Corp from 2021 to 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 working capital to net assets of Canna Global Acquisition Corp to evaluate short-term liquidity relative to the company's equity base.

Canna Global Acquisition Corp Tangible Net Worth Ratio by Year (2021–2023)

Canna Global Acquisition Corp tangible net worth ratio by year from 2021 to 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 live market cap and overall valuation, see market value of Canna Global Acquisition Corp.

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 —
pp = percentage points