Eagle Bulk Shipping Inc (EGLE) — Tangible Net Worth Ratio
Eagle Bulk Shipping Inc (EGLE) has a Tangible Net Worth Ratio of 100.0% as of December 2023. This metric is calculated by deducting intangible assets ($0.00) from net assets ($600.22 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 Eagle Bulk Shipping Inc net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Eagle Bulk Shipping Inc Tangible Net Worth Ratio (2004–2023)
This chart shows how Eagle Bulk Shipping Inc's Tangible Net Worth Ratio has changed across 20 annual periods from 2004 to 2023. As of December 2023, the ratio stands at 100.0%, reflecting net assets of $600.22 Million with intangible assets of $0.00 USD. Also explore Eagle Bulk Shipping Inc annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Eagle Bulk Shipping Inc (2004–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Eagle Bulk Shipping Inc from 2004 to 2023, covering 20 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 market value of Eagle Bulk Shipping Inc.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | $600.22 Million | $0.00 | $1.15 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | $819.18 Million | $0.00 | $1.24 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | $671.27 Million | $0.00 | $1.13 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | $470.42 Million | $0.00 | $967.13 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $481.50 Million | $0.00 | $1.00 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | $479.61 Million | $0.00 | $846.21 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $461.17 Million | $0.00 | $808.35 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $400.48 Million | $0.00 | $686.38 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $518.34 Million | $0.00 | $787.04 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $664.09 Million | $0.00 | $913.88 Million | ▲ +0.0 pp |
| 2013 | 100.0% | $531.19 Million | $0.00 | $1.72 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | $594.19 Million | $0.00 | $1.79 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | $674.18 Million | $0.00 | $1.87 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | $669.09 Million | $0.00 | $1.90 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | $619.73 Million | $0.00 | $1.61 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | $471.43 Million | $0.00 | $1.36 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | $514.97 Million | $0.00 | $1.14 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | $321.58 Million | $0.00 | $568.79 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $315.79 Million | $0.00 | $462.34 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $40.02 Million | $0.00 | $40.91 Million | — |