Akobo Minerals AB (publ) (AKOBO) — Tangible Net Worth Ratio

Latest as of March 2023: -14988.7%

Akobo Minerals AB (publ) (AKOBO) has a Tangible Net Worth Ratio of -14988.7% as of March 2023. This metric is calculated by deducting intangible assets (Nkr62.50 Million) from net assets (Nkr414.21K) 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 AKOBO current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-14988.7%
Tangible equity / total equity

Net Assets (Equity)

Nkr414.21K
NOK

Intangible Assets

Nkr62.50 Million
Goodwill, patents, brand value

Total Assets

Nkr179.06 Million
NOK

Akobo Minerals AB (publ) Tangible Net Worth Ratio (2019–2022)

This chart shows how Akobo Minerals AB (publ)'s Tangible Net Worth Ratio has changed across 4 annual periods from 2019 to 2022. As of March 2023, the ratio stands at -14988.7%, reflecting net assets of Nkr414.21K with intangible assets of Nkr62.50 Million NOK. See AKOBO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Akobo Minerals AB (publ) (2019–2022)

The table below presents the year-by-year Tangible Net Worth Ratio for Akobo Minerals AB (publ) from 2019 to 2022, 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 the full company profile including market capitalisation, see Akobo Minerals AB (publ) stock valuation.

Year Tangible NW Ratio Net Assets (NOK) Intangible Assets Total Assets Change (pp)
2022 -152.5% Nkr24.75 Million Nkr62.50 Million Nkr179.27 Million ▼ -191.1 pp
2021 38.6% Nkr79.81 Million Nkr48.99 Million Nkr86.35 Million ▼ -2.2 pp
2020 40.9% Nkr44.88 Million Nkr26.54 Million Nkr47.39 Million ▲ +50.9 pp
2019 -10.1% Nkr28.19 Million Nkr31.03 Million Nkr34.45 Million
pp = percentage points