NextBoat Inc. (NXB) — Tangible Net Worth Ratio

Latest as of March 2026: 94.6%

NextBoat Inc. (NXB) has a Tangible Net Worth Ratio of 94.6% as of March 2026. This metric is calculated by deducting intangible assets ($566.98K) from net assets ($10.48 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 NextBoat Inc. earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Tangible NW Ratio

94.6%
Tangible equity / total equity

Net Assets (Equity)

$10.48 Million
USD

Intangible Assets

$566.98K
Goodwill, patents, brand value

Total Assets

$64.47 Million
USD

NextBoat Inc. Tangible Net Worth Ratio (2024–2025)

This chart shows how NextBoat Inc.'s Tangible Net Worth Ratio has changed across 2 annual periods from 2024 to 2025. As of March 2026, the ratio stands at 94.6%, reflecting net assets of $10.48 Million with intangible assets of $566.98K USD. See net assets of NextBoat Inc. for net asset value and shareholders' equity analysis.

Annual Tangible Net Worth Ratio for NextBoat Inc. (2024–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for NextBoat Inc. from 2024 to 2025, covering 2 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 NXB market cap overview.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 95.3% $11.84 Million $560.41K $48.42 Million ▼ -4.7 pp
2024 100.0% $967.39K $0.00 $31.64 Million
pp = percentage points