Holdco Nuvo Group D.G Ltd. Ordinary Shares (NUVO) — Tangible Net Worth Ratio
Holdco Nuvo Group D.G Ltd. Ordinary Shares (NUVO) 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 ($13.58 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 NUVO working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Holdco Nuvo Group D.G Ltd. Ordinary Shares Tangible Net Worth Ratio (2019–2022)
This chart shows how Holdco Nuvo Group D.G Ltd. Ordinary Shares's Tangible Net Worth Ratio has changed across 3 annual periods from 2019 to 2022. As of December 2023, the ratio stands at 100.0%, reflecting net assets of $13.58 Million with intangible assets of $0.00 USD. See NUVO defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Holdco Nuvo Group D.G Ltd. Ordinary Shares (2019–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Holdco Nuvo Group D.G Ltd. Ordinary Shares from 2019 to 2022, 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 how much is Holdco Nuvo Group D.G Ltd. Ordinary Shar worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 100.0% | $251.67 Million | $0.00 | $265.46 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $249.42 Million | $0.00 | $262.40 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $1.08K | $0.00 | $2.93K | — |