Arena Group Holdings Inc (AREN) — Tangible Net Worth Ratio
Arena Group Holdings Inc (AREN) has a Tangible Net Worth Ratio of -174.5% as of December 2020. This metric is calculated by deducting intangible assets ($20.11 Million) from net assets ($7.33 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 Arena Group Holdings Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Arena Group Holdings Inc Tangible Net Worth Ratio (1996–2018)
This chart shows how Arena Group Holdings Inc's Tangible Net Worth Ratio has changed across 17 annual periods from 1996 to 2018. As of December 2020, the ratio stands at -174.5%, reflecting net assets of $7.33 Million with intangible assets of $20.11 Million USD. See how many days can Arena Group Holdings Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Arena Group Holdings Inc (1996–2018)
The table below presents the year-by-year Tangible Net Worth Ratio for Arena Group Holdings Inc from 1996 to 2018, covering 17 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 Arena Group Holdings Inc (AREN) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2018 | -174.5% | $7.33 Million | $20.11 Million | $37.16 Million | ▼ -185.5 pp |
| 2017 | 11.1% | $2.98 Million | $2.65 Million | $6.57 Million | ▼ -86.3 pp |
| 2016 | 97.4% | $772.86K | $20.00K | $1.29 Million | ▼ -2.6 pp |
| 2015 | 100.0% | $2.10 Million | $0.00 | $2.35 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $2.25 Million | $0.00 | $2.50 Million | ▲ +0.0 pp |
| 2013 | 100.0% | $2.40 Million | $0.00 | $2.66 Million | ▲ +0.0 pp |
| 2012 | 100.0% | $2.51 Million | $0.00 | $2.81 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $3.67 Million | $0.00 | $3.94 Million | ▲ +0.0 pp |
| 2010 | 100.0% | $3.90 Million | $0.00 | $4.10 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $4.06 Million | $0.00 | $4.28 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $4.24 Million | $0.00 | $4.50 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $2.87 Million | $0.00 | $3.18 Million | ▲ +45.9 pp |
| 2000 | 54.1% | $2.91 Million | $1.34 Million | $8.09 Million | ▼ -37.4 pp |
| 1999 | 91.5% | $7.46 Million | $634.22K | $11.58 Million | ▲ +28.9 pp |
| 1998 | 62.6% | $8.06 Million | $3.01 Million | $13.17 Million | ▼ -27.6 pp |
| 1997 | 90.2% | $14.48 Million | $1.43 Million | $17.93 Million | ▼ -9.8 pp |
| 1996 | 100.0% | $6.32 Million | $0.00 | $8.03 Million | — |