Northann Corp. Tangible Net Worth Ratio
Northann Corp. tangible net worth ratio. Northann Corp. (NCL) has a Tangible Net Worth Ratio of 89.0% as of March 2026. This metric is calculated by deducting intangible assets ($994.93K) from net assets ($9.01 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. Check NCL strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Northann Corp. (2022–2025)
Tangible net worth ratio of Northann Corp. from 2022 to 2025. This chart shows how Northann Corp.'s Tangible Net Worth Ratio has changed across 4 annual periods from 2022 to 2025. As of March 2026, the ratio stands at 89.0%, reflecting net assets of $9.01 Million with intangible assets of $994.93K USD. See NCL net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Northann Corp. Tangible Net Worth Ratio by Year (2022–2025)
Northann Corp. tangible net worth ratio by year from 2022 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Northann Corp. from 2022 to 2025, covering 4 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 Northann Corp. market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 89.0% | $9.01 Million | $994.93K | $20.44 Million | ▲ +26.6 pp |
| 2024 | 62.4% | $2.60 Million | $977.99K | $13.88 Million | ▲ +139.3 pp |
| 2023 | -77.0% | $582.61K | $1.03 Million | $13.62 Million | ▼ -122.6 pp |
| 2022 | 45.7% | $1.97 Million | $1.07 Million | $14.41 Million | — |