flyExclusive, Inc. (FLYX) — Tangible Net Worth Ratio

Latest as of March 2024: 93.7%

flyExclusive, Inc. (FLYX) has a Tangible Net Worth Ratio of 93.7% as of March 2024. This metric is calculated by deducting intangible assets ($2.23 Million) from net assets ($35.33 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 FLYX net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

93.7%
Tangible equity / total equity

Net Assets (Equity)

$35.33 Million
USD

Intangible Assets

$2.23 Million
Goodwill, patents, brand value

Total Assets

$521.03 Million
USD

flyExclusive, Inc. Tangible Net Worth Ratio (2022–2024)

This chart shows how flyExclusive, Inc.'s Tangible Net Worth Ratio has changed across 3 annual periods from 2022 to 2024. As of March 2024, the ratio stands at 93.7%, reflecting net assets of $35.33 Million with intangible assets of $2.23 Million USD. See how many days can flyExclusive, Inc. fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for flyExclusive, Inc. (2022–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for flyExclusive, Inc. from 2022 to 2024, 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 the full company profile including market capitalisation, see flyExclusive, Inc. market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2024 93.7% $35.33 Million $2.23 Million $521.03 Million ▼ -1.2 pp
2023 94.9% $47.42 Million $2.43 Million $494.22 Million ▼ -3.9 pp
2022 98.7% $210.36 Million $2.69 Million $225.97 Million
pp = percentage points