Ryde Group Ltd. (RYDE) — Tangible Net Worth Ratio

Latest as of September 2025: 65.3%

Ryde Group Ltd. (RYDE) has a Tangible Net Worth Ratio of 65.3% as of September 2025. This metric is calculated by deducting intangible assets ($784.00K) from net assets ($2.26 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 Ryde Group Ltd. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

65.3%
Tangible equity / total equity

Net Assets (Equity)

$2.26 Million
USD

Intangible Assets

$784.00K
Goodwill, patents, brand value

Total Assets

$7.26 Million
USD

Ryde Group Ltd. Tangible Net Worth Ratio (2024–2024)

This chart shows how Ryde Group Ltd.'s Tangible Net Worth Ratio has changed across 1 annual periods from 2024 to 2024. As of September 2025, the ratio stands at 65.3%, reflecting net assets of $2.26 Million with intangible assets of $784.00K USD. See RYDE cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Ryde Group Ltd. (2024–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Ryde Group Ltd. from 2024 to 2024, covering 1 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 market value of Ryde Group Ltd..

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2024 80.8% $3.87 Million $741.00K $9.08 Million
pp = percentage points