Lemonade Inc (LMND) — Tangible Net Worth Ratio
Lemonade Inc (LMND) has a Tangible Net Worth Ratio of 98.4% as of September 2025. This metric is calculated by deducting intangible assets ($8.10 Million) from net assets ($516.20 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 Lemonade Inc (LMND) net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Lemonade Inc Tangible Net Worth Ratio (2017–2024)
This chart shows how Lemonade Inc's Tangible Net Worth Ratio has changed across 6 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 98.4%, reflecting net assets of $516.20 Million with intangible assets of $8.10 Million USD. Also explore Lemonade Inc annual equity growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Lemonade Inc (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Lemonade Inc from 2017 to 2024, covering 6 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 Lemonade Inc (LMND) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.7% | $593.40 Million | $13.60 Million | $1.85 Billion | ▲ +0.9 pp |
| 2023 | 96.8% | $708.90 Million | $22.90 Million | $1.30 Billion | ▲ +0.5 pp |
| 2022 | 96.3% | $866.80 Million | $32.50 Million | $1.69 Billion | ▼ -3.7 pp |
| 2021 | 99.9% | $988.20 Million | $600.00K | $1.51 Billion | ▲ +0.1 pp |
| 2020 | 99.9% | $541.00 Million | $600.00K | $828.70 Million | ▲ +0.2 pp |
| 2017 | 99.7% | $32.00 Million | $100.00K | $40.50 Million | — |